In 2014, Capital Impact Partners worked in partnership with the Loveland Housing Authority to open Colorado’s first ever GREEN HOUSE Project.
Greenline used its NMTC supported Small Business Capital Fund to deliver a $1.5 million subordinate business loan. The loan allowed RMI to expand product offerings and hire 10 additional technology workers from the low-income community. Three of these workers were previously unemployed. According to Calvert Foundation, the loan was,
“an important trigger for near-term growth and job creation that will eventually lead to additional capital from traditional banks and private equity.”
The construction of a 3-story, 63,000 sq. ft. building that would serve as the headquarters of the Mile High United Way, located in Denver, Colorado.
Rocky Mountain Innosphere is a high-tech business incubator for biotech start-ups and entrepreneurs.