Dr. Peter Hudson and Bryan Leach Bring Added Credentials to Already Impressive Council
(Denver, CO) – April 20, 2015 - Colorado Impact Fund(CIF), a venture fund dedicated to supporting local companies that generate consistent investment returns and positive community impact, is pleased to announce the addition of two new advisory council members – Dr. Peter Hudson and Bryan Leach. Both join the CIF Advisory Council with unparalleled success, knowledge and experience in their respective fields. Colorado Impact Fund launched a year ago and has made two notable investments to date, in Bhakti Chai and Schoolrunner. Hudson and Leach...
A venture capital fund seeking to invest in business expansions throughout Colorado will turn its sites on Pueblo next week.
The Colorado Impact Fund, a $63 million investment fund established and financed by a group of Colorado business leaders, will host a community outreach meeting from 1:30 to 2:30 p.m. Wednesday at the Pueblo Convention Center.
The Colorado Impact Fund, a venture capital fund established and financed by a group of state business leaders, is planning a community outreach meeting. It is slated to begin at 1:30 p.m. Wednesday at the Pueblo Convention Center and should last about an hour. The Pueblo Economic Development Corp. is co-hosting the gathering.
Frederico Pena, the former Denver mayor and secretary of both the transportation and energy departments during the Clinton administration, is an organizer of the $63 million Colorado Impact Fund. Secretary Pena said investors vi...
Usually, it’s the business owner who makes the pitch to the investor. On Wednesday, the roles reversed.
The group behind the Colorado Impact Fund, including former Denver mayor Federico Pena, visited Pueblo to spread the word about the statewide fund that seeks to invest in companies that will better Colorado.
The fund, with $63 million in private money, seeks so-called “second-stage” businesses that generate between $500,000 to $3 million in annual revenue in sectors such as community health, natural resource conservation and education.
The Colorado Impact Fund, which is managed by an affiliate of Vestar Capital Partners, has made an investment of $3 million in Bhakti Chai. Also, John Foraker, president of Annie’s Inc has been added to Bhakti’s board. Based in Boulder, Colorado, Bhakti is a maker of chai tea.
The Colorado Impact Fund (CIF), a private equity fund dedicated to supporting local companies that generate consistent investment returns in addition to positive community impact in Colorado, has selected Bhakti Chai, a Boulder-based manufacturer of fresh, craft-brewed chai tea to be the recipient of its first investment of $3 million in growth capital. Bhakti was founded in 2007 by Brook Eddy, a female entrepreneur who, after traveling to India, developed her own chai recipe—which she began bottling and selling throughout Boulder.
A new venture capital fund created at the urging of Gov. John Hickenlooper has made its first investment — $3 million toBoulder-based Bhakti Chai.
The Colorado Impact Fund said its investment will be used to help the chai tea maker build a larger manufacturing facility in Longmont, support the company’s sales and marketing efforts, and expand distribution nationwide.