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Colorado Enterprise Fund appoints new board member

Boulder-based banker brings community and business development expertise


Colorado Enterprise Fund (CEF) announced the appointment of Susan Graf, vice president and regional development manager for New Resource Bank in Colorado, as the newest member to its board of directors.

Graf has broad experience in business and community development in both the for-profit and nonprofit sectors. Prior to her position with New Resource Bank, Graf served as vice president of finance and administration at Bhakti Chai and held similar roles with Leanin' Tree in Boulder. She was also president and CEO of the Boulder Chamber of Commerce for eight years, guiding the business membership organization through strategic growth and retention initiatives before and after the recession. Grab serves on several boards including Boulder Community Health and the local food industry group, Naturally Boulder.

"Small business success is community-driven and our board of directors is comprised of dedicated individuals committed to CEF's mission of advancing community prosperity, "said Ceyl Prinster, president and CEO. "Susan [Graf] brings great knowledge and passion to our board and I look forward to working with her and the rest of our board to expand our support of Colorado small businesses in the years to come."


Founded in 1976, Colorado Enterprise Fund (CEF) provides loans up to $500,000 to finance small businesses and startups unable to secure financing through traditional banks. With a mission to accelerate community prosperity by financing and supporting entrepreneurs and small businesses, CEF has provided more than $60 million in loans to more than 2,000 businesses to help create or retain move than 17,000 jobs in the state. A nonprofit Community Development Financial Institution certified by the U.S. Department of Treasury, CEF is based in Denver with lending services available statewide. 

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ColoradoBiz staff

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