Scott Reiman Supports Organizations Making an Impact

Colorado Impact FundScott Reiman and his firm Hexagon supports organizations that foster local business and emerging business leaders throughout Colorado. The Colorado Impact Fund (CIF) does just that, and more.

The CIF is a Denver-based equity fund that supports Colorado companies that generate a positive impact – both on their communities and in consistent investment returns.

The Fund invests in areas of community health, education and workforce development, natural resource conservation and economic development. It supports female and minority entrepreneurs and core industries in Colorado that hold exemplary best practices.

Funded by Colorado investors, exclusively for Colorado companies, this private equity fund provides entrepreneurs with cost-efficient capital and a network of strategic business advisors.

Since its inception in 2014, the fund has invested in 10 companies to develop and expand throughout Colorado. Together, these companies employ 648 individuals and have created 161 new jobs. Their business leadership is diverse with 50% having female founders and 20% having minority founders. These companies are also located in emerging communities where 70% are headquartered in low to middle income areas.

From empowering teachers, administrators and school-community stakeholders to boost educational outcomes with Schoolrunner, to improving cost efficiency and patient satisfaction with the healthcare system through Cirrus MD, every organization in the CIF portfolio is able to leverage the capital provided by the Fund to ultimately give back and make an impact on their community and beyond.

The other companies invested by CIF:

  • Bhakti
  • Chocolove
  • Galvanize
  • Kapteyn-Murnane (KM) Labs
  • Keystone Tower Systems
  • Maria Empanada
  • SecureSet Academy
  • TeamSnap

Denver Scholarship Foundation helps local entrepreneur

Mawukle Yebuah is an entrepreneur and he credits the support from the Denver Scholarship Foundation, with his success.

At the age of only 23, Yebuah is not only working towards finishing his master’s degree at the University of Denver, where he also went to undergrad, but he has also started a small business. And as one of the co-founders of Flare & Square, a company that designs and manufactures high-end men’s accessories, pocket square and bowties, Yebuah is marking his mark.

Mawukle and his family emigrated from Ghana when he was 6 years old. The family became U.S. citizens in 2010.

A graduate from South High School, Mawukle spent a majority of his senior year at the school’s Future Center where advisors walked him through the application and scholarship process. He says with the Foundation’s support, along with additional scholarships, provided enough financial aid that actually made DU, the most affordable.

Since its inception in 2006, the Denver Scholarship Foundation has awarded more than $33 million in scholarships to 56,000 students. As a founding board member, Scott Reiman supports its mission to make sure all students succeed and graduate.

 

Ashley Buderus named CEO of Quarterly Forum

Buderus named CEO
Ashley Buderus named CEO of Quarterly Forum. Image courtesy of the Denver Business Journal.

Ashley Buderus, a former director with the Children’s Hospital Colorado Foundation, has been appointed CEO of Quarterly Forum.

Buderus has an extensive background in non-profit organizations in Colorado in addition to the Children’s Hospital Foundation, including the El Pomar Foundation and the University of Denver.

The Quarterly Forum is a nonprofit organization that strives to connect, educate and inspire Colorado’s emerging business leaders.

The Forum also supports the state’s future through scholarship programs, including the Scott Reiman Emerging Leader Scholarship, funded by Scott Reiman, a forum member, to provide scholarship funds to an outstanding University of Denver student.

Read more about the Forum and Buderus in her new role as CEO in the Denver Business Journal.

DU students develop ride-sharing app Wanderlift

Students develop ride-sharing mobile app
DU students create ride-sharing app, Wanderlift.

When DU students Meredith Gee and Sam Schooler needed a ride to the mountains but didn’t have one, they had an idea to create a mobile app that would get them there – Wanderlift.

For the last nine months, the two sophomores developed their idea and expanded their team.

Juniors Daniel Farrell and Lucio Franco joined the team last fall and helped launch the app and expand the group’s efforts to the University of Colorado in Boulder.

Whether it’s a hike at Red Rocks, a ski trip to Vail or a ride out with friends, people who need a ride to their next adventure can now use Wanderlift to get there. They can also sign up to drive, post their own trips or search for someone looking to catch a ride.

Many students say it’s more affordable than other ride-sharing apps such as Lyft and Uber.

In the future, the students told 7News they hope Wanderlift helps with traffic in lessening the hourslong commute typical with heading to the hills.

The Wanderlift is available in downtown Denver, University of Denver and the University of Colorado. Find the app on the Wanderlift website and the Apple store. Soon, it will be available for Android phones.

The students credit the University for bringing them together. They all met through the schools’ living and learning communities and are involved in the Center for Sustainability and entrepreneurship club through the Daniels College of Business.

As the namesake of the Reiman School of Finance in the Daniels College of Business, Scott Reiman is a longtime member of the University community and dedicated to advancing the academic and leadership success of its students. He makes contributions to the schools’ growth and prosperity where students like Gee, Schooler, Farrell and Franco come up with their great ideas.

The Downtown Denver Partnership to host the State of Downtown Denver

March 4, 2015

The Downtown Denver Partnership (DDP) will be holding their annual State of Downtown Denver talk on Tuesday March 24. The DDP will look at the state of investments, employment and the residents of Downtown Denver in 2015. With Downtown Denver investment at over $1 billion, employment at a record high and the residential population growth at 165% since 2010, Downtown Denver is at a pinnacle of prosperity.

Scott Reiman is dedicated to the success and growth of Downtown Denver and has played a major role in the revitalization of the city. The Downtown Denver Partnership recognized Scott during the 38th annual Downtown Denver Awards for his commitment to energizing Downtown Denver through his investment in a diverse range of housing, office, retail, and hotel developments that have since shaped downtown Denver’s growth.

As the DDP looks at the future of Downtown Denver in 2015, look back at how far the city has come since the 1998 Annual Awards.