DENVER, COLORADO — June 4, 2018— KeyBank’s Colorado market leadership today announced that it has awarded a $485,000 grant to Mi Casa Resource Center in support of the organization’s small businesses development programs. The gift marks the largest grant ever given by KeyBank in Colorado.
Mi Casa Resource Center’s mission is to advance the economic success of families with limited opportunities. The organization will use KeyBank’s investment to more than double its impact over the next three years to serve existing, early-stage and start-up entrepreneurs.
Specifically, KeyBank’s grant, which will be paid over three years, will help Mi Casa launch its new mobile-food business accelerator, called La Receta, which means “recipe” in Spanish. The gift also will help Mi Casa to strengthen construction-related businesses, connect low-income inventors to pro-bono legal services and create an online business directory to help entrepreneurs market their products and services. Mi Casa is focusing on its food and construction business owners to help them take advantage of Denver’s current infrastructure boom.
“KeyBank has been a Mi Casa partner for the past seven years, providing funding, board participation and skill-based volunteers to teach financial literacy and career development. KeyBank employees have become like family and have been incredibly generous with their time and resources as our relationship has grown over time,” said Monique Lovato, CEO of Mi Casa Resource Center. “This grant will have a transformative impact on the people we serve, and we are so grateful that KeyBank believes as strongly in our mission as we do.”
KeyBank is committed to giving back in local communities, with a strategy that focuses on supporting organizations that teach and empower financial wellness. Mi Casa’s goal of helping participants from underserved communities create economic sustainability is perfectly aligned with KeyBank’s community giving philosophy.
“Mi Casa Resource Center is helping entrepreneurs from some of our most underrepresented neighborhoods start and grow businesses and create a more promising future for themselves and their families,” said Tom Tulodzieski, president of KeyBank’s Colorado market. “It is an honor to award this grant, which will help Mi Casa create new programs for small businesses and expand the number of participants it can support.”