Colorado Enterprise Fund appoints new 2016 Governing Board members

The new members include a chamber leader, bank VP and government affairs manager

Colorado Enterprise Fund (CEF) has appointed three new members to its board of directors. The new members are Mindy McCloughan, president and CEO of the Loveland Chamber of Commerce; Wes Parham, State Government Affairs Manager for Xcel Energy; and Bank of the West Executive Vice President Michael Wamsganz. These additions bring the total number of current board members to 13, the largest in recent years, and reflect CEF’s expanded impact across the state.

Mindy McCloughan, president and CEO of the Loveland Chamber of Commerce since 2012, previously served in a similar capacity for 15 years with the Lamar County Chamber of Commerce in Paris, Texas. McCloughan’s extensive background in economic development and tourism, and passion for building vibrant communities is an asset as reflected in her recent collaboration with the City of Loveland, CEF and chamber members to help create the 2016 Loveland Microloan Fund to increase small business growth.

Wes Parham is State Government Affairs Manager for Xcel Energy and coordinates public policy efforts for the company’s operations in Colorado. A public affairs professional with a background in public, private and nonprofit sectors, Parham’s track record in cultivating meaningful relationships and strategic partnerships on issues impacting the energy industry and business community will assist CEF in generating broader awareness and visibility of its small business programs among key stakeholders statewide.

Michael Wamsganz is Executive Vice President of the Rocky Mountain Division for Bank of the West where he oversees retail and small business programs in 141 branches serving Colorado, Wyoming, Utah, New Mexico and Arizona. With a career in business banking spanning 25 years and experience working with organizations advocating self-sufficiency, Wamsganz’s commitment to greater economic opportunity supports CEF’s mission of accelerating community prosperity by financing and supporting small businesses.

"Small business success is community-driven and our expanded Board of Directors represent a group of individuals passionate about CEF’s community development mission," CEF President and CEO Ceyl Prinster said. "I look forward to working with all our board members to serve more small businesses statewide during our 40th anniversary year and in the years to come.”

About Colorado Enterprise Fund
Founded in 1976, Colorado Enterprise Fund (CEF) provides loans up to $500,000 to small businesses and startups unable to secure traditional financing. CEF has loaned over $52 million to more than 1800 businesses to help create and retain over 15,500 jobs in Colorado. For more information on Colorado Enterprise Fund, visit:

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