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SVP Boulder County approves $10,000 and pro bono consulting to local nonprofits; two new grantees selected

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As part of SVP’s 2013 pilot social enterprise program, two Boulder County nonprofits are receiving hundreds of hours of pro-bono consulting, and one will additionally receive a $10,000 cash contribution of seed funding for their social enterprise efforts.

Boulder, Colo. (November 21, 2013) – As part of SVP’s 2013 pilot social enterprise program, two Boulder County nonprofits are receiving hundreds of hours of pro-bono consulting, and one will additionally receive a $10,000 cash contribution of seed funding for their social enterprise efforts. SVP engages donors, community members, and nonprofits to work side-by-side to address Boulder County’s greatest needs. In addition to these grants, SVP’s 2013 social enterprise pilot included hosting an educational event describing nonprofit social enterprise, and a social enterprise “scrimmage.”

“After a competitive process, SVP Partners voted to invest money and consulting time in Intercambio Uniting Communities, while also offering Boulder Treasures consulting time to help evolve their concept,” says Jennie Arbogash, Executive Director. “Each idea is so unique, and both organizations find themselves at an exciting moment in the development of their social enterprise. Our Partners saw so much potential, and are thrilled to help advance the thinking.”

In 2014, Intercambio’s social enterprise aims to expand the reach and distribution of their cultural competence educational materials for immigrants, locally and nationally. Called “Resources to Unite Communities”, this social enterprise offers affordable, extremely high quality English Language curriculum and resources that explain the ins and outs of living in the U.S. They offer personal support and high-quality, practical, and ready-to-use tools to start or enhance immigrant integration programs. Materials and trainings are interactive and fun, helping with student and teacher retention.

An early-stage start up, Boulder Treasures will create pathways to secure meaningful employment for one of Boulder’s hidden treasures – people with developmental disabilities. To accomplish this, they will be establishing an employment-training institute imbedded within a retail store. At their store, they will offer apprenticeship employment to nurture individualized and transferrable job skills and showcase the employability of their apprentices to local area employers. Their store will feature another of our treasures, the many desirable local brands of recreational and lifestyle clothing and accessories.

Andy Minden, Boulder Treasures CEO elaborates, “Employers often times lack the resources necessary to successfully train this population in an on-the-job setting, and pre-employment training in simulated environments doesn’t often result in successful job placements. By operating our training program within a retail store, Boulder Treasures aims to increase the number of job opportunities for our apprentices and achieve much higher rates of retention.”

Intercambio’s Executive Director Lee Shainis adds, “We’ve gotten off to a great start with our national expansion, but working with SVP will accelerate our growth, creating greater impact locally and nationally.”

SVP has provided more than $1.3 million in cash grants and over $2 million worth of pro-bono consulting to 22 nonprofits across Boulder County since 2000. This mix of time, money, and expertise improves mission impact and sustainability for nonprofits, while building meaningful relationships between givers and organizations.

Details about all 2013 SVP investments, as well as information about the Boulder County nonprofits SVP has worked with since 2000 can be found at http://www.socialventurepartners.org/boulder-county/what-we-do/fortify-nonprofits/. A variety of reports on the impact of SVP can be found at http://www.socialventurepartners.org/boulder-county/what-we-do/have-impact/. For more information about SVP Boulder County, please contact Jennie Arbogash at jennie@svpbouldercounty.org.

About SVP Boulder County

Social Venture Partners Boulder County (SVP) builds relationships between donors, volunteers and organizations that are out to change our world. We help individuals make a greater impact when giving back, fund and strengthen non-profits, and equip our community to tackle great social challenges, together. To learn more about SVP Boulder County, please visit www.svpbouldercounty.org.

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