Micro loans target often overlooked businesses

Community Investment Corporation (CIC) BIPOC Loans are changing the game for often overlooked businesses. Katrina Calderon, one of three owners of Regal Fierce Media Company, remembers very clearly the day she received the email saying she and her partners had been approved. 

The $10,000 loan enabled Calderon and partners — Luke Ralston and husband Daniel Calderon — to upgrade their cameras, lenses and other equipment that catapulted the fledgling company to outstanding local professionals making $500,000 a year.

 

“It was the greatest feeling once we got notified we were going to get the money,” she said. “It just truly was life-changing for us because after that we were able to get a nice job with Tucson Federal Credit Union because we had nice cameras. … These cameras made us look that much better and then that one job led to multiple other jobs … and it was just simply because we leveled up our game.”

Manufactured Homes and MCC training

Manufactured Homes and MCC training

When: May 9, 2024

Time: 10am – 12pm

Where: NOVA Home Loans | 6893 N. Oracle Road, Suite 121

Description: Free to Attend! Learn about Program options for first-time-homebuyers 

Thrive in the 05 – Spring Event

Name of Event:

Thrive in the 05 – Spring Event

Location:

Esquer Park, 1415 N 14th Ave, Tucson

Description of Event:

When: 10:00 AM to noon, Saturday, May 4, 2024

Expectations: 100 to 300 people are expected to attend event; event is next to Tucson House (public housing with over 400 units); for marketing, postcards will be sent to neighborhoods via mail

Community Investment Corporation Recognized for Fostering Economic Inclusion

The Community Investment Corporation, a Pima County partner, was recently awarded the inaugural Vital Nonprofit BLOOM Award by the Community Foundation for Southern Arizona (CFSA). This distinguished award celebrates CIC’s contributions toward creating a vibrant and equitable community throughout Southern Arizona. Read the full article written by the Pima County Economic Development Department by clicking on the button below.

Infrastructure Week: In Discussion with Dave Silverstein from Ned and CIC’s Caroline Nelson

Infrastructure Week: In Discussion with CIC’s Caroline Nelson

Guest: Caroline Nelson
COO and Director of Lending at Community Investment Corporate (CIC)
About: In this Infrastructure Week, Caroline Nelson discusses her team’s approach to innovation and providing access to capital for underrepresented founders. Caroline shares insights into the organization’s revenue-based lending program, “STAC,” and its efforts to incorporate technology and data to improve the underwriting process.


Check out the full conversation below!

How A Local Food Co-op Is Empowering Community Development In Rural Arizona

Photo credit: Good Food Finder AZ

We’re thrilled to see Good Food Finder AZ spotlight Desert Sky Produce one of our amazing lending clients, for their incredible impact on McNeal, Arizona!

When John Benedict noticed the lack of locally grown food in his community, he took action, founding Desert Sky Produce in 2020. Now, alongside The Local Co-op, they’re transforming food access in rural areas, serving over 40 families and supporting local farmers.

At CIC, we’re proud to see them thrive and make a real impact!

Social Innovation Hackathon: Event Recap & Key Takeaways

The Social Innovation Hackathon held on February 3rd, 2024 was a significant event focused on addressing the pressing issue of homelessness in our city. This dynamic event served as a call to action, bringing together a diverse group of individuals committed to devising and implementing practical solutions to this complex problem.

Throughout the day, participants engaged in a series of discussions, interactive activities, and sessions led by experts in the field. The goal was to explore innovative approaches and encourage a community-driven effort aimed at creating sustainable solutions for homelessness.
The hackathon facilitated meaningful conversations among participants, enabling the exchange of ideas and perspectives on tackling homelessness.

  • Interactive Activities: Through hands-on activities, attendees were able to simulate scenarios and challenges faced by homeless individuals, fostering empathy and a deeper understanding of the issue.
  • Expert-Led Sessions: Specialists in social work, urban planning, and related fields shared their insights, offering guidance and inspiration for innovative solutions.
  • Community-Driven Efforts: The event emphasized the importance of collective action and community involvement in addressing homelessness, highlighting the potential for significant impact when individuals come together for a common cause.

The event recap notes and a document outlining the key takeaways have been meticulously compiled to provide a comprehensive overview of the day’s proceedings. These materials break down each session in detail, capturing all the significant points and insights that emerged during the hackathon.

For those interested in revisiting the discussions or for attendees seeking to refresh their memories, the event recap is accessible here. This document serves as a valuable resource for anyone looking to contribute to ongoing and future efforts to combat homelessness in our community.

Pitch It Forward: A Social Innovation Hackathon

Calling All Visionaries, Innovators, & Community Advocates!

Join us if you’re passionate about social change, deeply care about homelessness, or have innovative solutions to share at our inaugural Homelessness Solutions Hackathon on February 3, 2024, from 9:30 am to 3:00 pm. Hosted at the University of Arizona: FORGE.

🏡 About the Event: Our hackathon is a call to action, a dynamic gathering of minds dedicated to crafting actionable strategies to combat homelessness in our city. Through a blend of engaging discussions, interactive activities, and expert-led sessions, we aim to explore innovative approaches and foster a community-driven effort towards sustainable solutions.