Vermont Business Magazine Community Capital of Vermont has identified its next Executive Director. Rich Grogan comes to Community Capital with a background of working in and with small businesses as an employee, academic, business advisor, and since 2015, State Director of the New Hampshire Small Business Development Center. Community Capital is a statewide, nonprofit community-based lending organization whose mission is to help small businesses and lower income entrepreneurs prosper by providing flexible financing and business coaching. Grogan will assume his role at Community Capital in April.
“I have dedicated my career to working with small businesses, which are a key to creating and sustaining a healthy and diverse economy,” notes Grogan. He has worked in a range of industries, including manufacturing, marketing, banking, public administration, and higher education, where he focused on the intersection of small businesses, decision science, and sustainability.
Ela Chapin, president of the Community Capital board of directors, stated that the organization is fortunate to have the benefit of Grogan’s professional skills, experience, and perspective. She noted that Grogan “has continually worked to support the success of small business owners and entrepreneurs, achieving international recognition for his work.” Grogan has presented at conferences in the United States, Canada, and the Netherlands, and was designated a “40 Under 40” rising star by the New Hampshire Union Leader.
Grogan holds a Bachelor’s degree in Business from Wake Forest University, an MPA from the University of North Carolina at Chapel Hill, and a PhD in Organizational Sustainability from Michigan State University.
Community Capital has been recognized by the Small Business Administration as the Vermont Microenterprise Lender of the Year for several years, as it continues to gain momentum in business financing with the most number of loans granted to small businesses in Vermont.
CCVT loans range from $1,000 to $100,000 and may be used to start or grow a business.
Source: Community Capital of Vermont 3.15.2018 www.communitycapitalvt.org.