Survive & Thrive April 28 Loan Recipients Update
May 11, 2020

The Survive & Thrive COS emergency relief fund is continuing to grant loans in El Paso County. Below you can find our metrics for this program as of April 28, 2020: To date, the average loan size is $20,364.29 745 total applications have been received.  There is 13% approval rate for loan recipients.  98 loans have… Read more »Read

Meet Prakhar: XI’s Program Coordinator
May 05, 2020

The Exponential Impact team is excited to announce that Prakhar Gautam will be joining us as the full-time Program Coordinator for the upcoming year.    So far, Prakhar has been working on administering the Survive & Thrive COS program, ensuring that local small businesses receive the resources they need during COVID-19.  As Program Coordinator, Prakhar… Read more »Read

Amplify Teams During COVID-19
April 30, 2020

While the XI team is working remotely, we are continuing to provide programming, check-ins, and resources to our Amplify teams. We’ve been impressed not only with their ability to pivot their strategies in a new COVID-19 economy, but their cooperation and community-building as they work through different challenges together.   Barn Owl Tech has seen… Read more »Read

Survive & Thrive April 21st Loan Recipients Update
April 24, 2020

  The Survive & Thrive COS emergency relief fund is continuing to grant loans in El Paso County. Below you can find our metrics for this program as of April 21, 2020: To date, the average loan size is $20,670.93. 728 total applications have been received.  85 loans have been awarded. 64 volunteer mentors, and… Read more »Read

Thank you to our Mentors and Volunteers!
April 24, 2020

The mentoring component of Survive & Thrive COS is receiving a lot of support, and we are grateful to everyone’s support. We’d like to thank those in Colorado Springs who have helped to get this initiative going, and of course, the experienced mentors and community leaders who are volunteering their time and skillsets to work with… Read more »Read

Survive & Thrive: April 15th Loan Recipients Update
April 16, 2020

The Survive and Thrive program officially launched Monday, March 31st. In the first week we were overwhelmed by the demand for local support in the community as we received over 500 applications. As of April 15th, we have received the following requests for funding: We have $2 million in funding available to deploy as low… Read more »Read

Think big and don't listen to people who tell you it can't be done.
Launch of Survive & Thrive COS
April 15, 2020

Late March, Exponential Impact partnered with Pikes Peak Community Foundation to launch Survive & Thrive COS, the community’s first small business emergency relief fund. The fund provides up to $25,000 in low-interest loans, as well as mentorship and resources, to small businesses in El Paso County affected by COVID-19. $1 million was raised to start the… Read more »Read

Exponential Impact’s COVID-19 Response
March 30, 2020

As our local, national, and global communities adjust and make changes during the COVID-19 crisis, the team at XI wanted to share how the timelines of our programs are affected, and what we are doing to best support the various parts of our ecosystem. While we shift our regular program schedule, we are dedicating our… Read more »Read

Q&A with Leif Ullman
March 17, 2020

The best mentors are those who are entrepreneurs themselves. That’s why XI places great emphasis on having Entrepreneurs in Residences (EIR) to support the startups along the entire entrepreneurial journey. Our current EIR, Leif Ullman is a startup champion and a huge part of the XI ecosystem. Read below to hear from Leif Ullman, co-founder… Read more »Read

Is your startup ready for an accelerator?
March 10, 2020

When is it right to join a startup accelerator program?   At XI, ideal candidates recently released a product into the market and are getting early customer adoption and customer feedback. It is at this point that we can really dive in together and work on growing everything from sales to product development. Startups who… Read more »Read

Peak Six: Mentoring
March 09, 2020

Entrepreneurs benefit from the experience and perspective of others. By giving and receiving feedback, continuous learners will grow their communities, teams, and businesses. This week, we sat down with Cole Simon to hear a bit more about our sixth peak, Mentoring. Cole is the Program Intern at Exponential Impact. How have you… Read more »Read

Peak Five: Operational Excellence
March 02, 2020

Successful teams are committed to operational excellence.  From ideation to completion, business fundamentals are treated with due diligence and thoughtful execution. This week, we sat down with Rachael Maxwell to hear a bit more about our fifth peak, Operational Excellence. Rachael is the Operations Manager at Exponential Impact. How have you… Read more »Read