Mentor an Under-Resourced Aspiring Entrepreneur in Aurora

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ORGANIZATION: Rocky Mountain MicroFinance Institute (RMMFI)

93,000 people live in poverty in the Denver metro area without economic mobility. Rocky Mountain MicroFinance (RMMFI) is changing this, one entrepreneur at a time. RMMFI is a community creating economic and social mobility through entrepreneurship. RMMFI helps curious people transform into serious entrepreneurs through personal, business, and financial investments. In 10 years, RMMFI is proud to have...

  • Distributed over $485,000 in loans to low-income entrepreneurs, with a 95% repayment rate.
  • Graduated 23 classes of the Business Launch Boot Camp with an 88% graduation rate, which resulted in the launch or expansion of 199 businesses in Denver.
  • Won the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce.
RMMFI is seeking volunteers to help mentor and coach aspiring entrepreneurs in Aurora. Our 12-week Business Launch Boot Camp (BLBC) is an intensive course, in which up to 10 qualified entrepreneurs launch (or re-launch) their businesses. Each BLBC offers participants a coordinated curriculum of education, mentorship, and technical assistance. Every entrepreneur is paired with a three-person volunteer mentor team, including Business, Finance, and Accountability Coaches, to guide business decisions and provide additional support.

To learn more and sign up, please go to www.rmmfi.org/volunteer and fill out our Volunteer Interest Form.

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About Rocky Mountain MicroFinance Institute (RMMFI)

Location:

1209 W. 10th Avenue, Denver, CO 80204, US

Mission Statement

Rocky Mountain MicroFinance Institute creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship. We invest in entrepreneurs’ personal and business development through a proven mix of classroom, coaching, capital, and community.

Description

RMMFI doesn’t just invest in businesses; we invest in people, and we do it with more than dollars. We view entrepreneurship as a system of people, businesses, and community, and our holistic approach brings these elements together to allow individuals to tap into the social and economic benefits of business ownership. Our goal is to help entrepreneurs grow into business owners who can successfully shift and adapt to changing environments in their businesses and their lives. We know that personal foundations are essential for success, and RMMFI works with entrepreneurs to develop their personal stability, entrepreneurial spark, and business feasibility.

In 15 years, RMMFI is proud to have:

  • Graduated 66 cohorts of Business Launch Boot Camp with an 85% graduation rate, resulting in the launch or expansion of 519 businesses across Colorado
  • Distributed $1,263,823 in 388 loans to low-income entrepreneurs with a 95% repayment rate plus $384,500 in grants
  • Become a certified Community Development Financial Institution (CDFI) with the U.S. Treasury
  • Been appointed to the Colorado Office of Financial Empowerment Advisory Council
  • Received the 2023 Neighborhood Builders(r) Award from Bank of America
  • Won the 2023 Impact100 Award from Impact100 Metro Denver

CAUSE AREAS

Community
Education & Literacy
Employment
Community, Education & Literacy, Employment

WHEN

We'll work with your schedule.

WHERE

9360 East Colfax AvenueAurora, CO 80010

(39.739914,-104.87919)
 

DATE POSTED

December 13, 2018

SKILLS

  • Mentoring
  • Budgeting
  • Microfinance
  • Cost Analysis
  • Business Planning
  • Market Research / Analysis

GOOD FOR

  • People 55+

REQUIREMENTS

  • Orientation or Training
  • typically 2-3 hours/week for 12 weeks = 8-12 hours/month
  • must be able to attend occasional weeknight evening events

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