July 2024 | Vol 11

Empowering Sustainable Growth, Building Resilient Communities!



As the Arizona summer heats up, our communities are blossoming with vibrant opportunities. This season of growth and resilience is the perfect time to focus on sustainable development and innovative practices. Our Q3 newsletter is packed with inspiring success stories, insights on green financing, and updates on our community initiatives. Together, we're not just weathering the heat; we're fueling the future of Arizona's economic landscape. Let’s roll up our sleeves and dive into a quarter of achievements and progress.


Here's to Building Resilient Communities and Celebrating Intentional Growth!




Welcome Our New Team Member


Eleina Ouaffai

Strategic Administrative Coordinator


Eleina brings over 20 years of finance experience, including as a Bank of America executive, where she played a pivotal role during the 2008 mortgage crisis, helping prevent foreclosures for thousands of homeowners. Guided by the Japanese philosophy of Ikigai, Eleina's personal connection to economic justice drives her work. She now focuses on this cause and consulting for non-profits, governments, and small startups. In her new role, Eleina will support our small business lending programs and provide comprehensive strategic support to the Executive Director.



Outside of work, Eleina is a mother to four beautiful children and an avid social and creative writer, public speaker, mentor, and coach to youth and adults alike. She is originally from the East Coast and a first-generation American with Berber roots—the Indigenous people of Morocco. While she misses the seasons, she has resided in Queen Creek for over 10 years and appreciates that in Arizona, “you don’t have to shovel sunshine!” 



Q2 Highlights & Updates

Launched a New Partnership with HUUB

We're excited to share that we have partnered with HUUB to secure funding to develop an innovative technological financing solution for small businesses in Arizona. Our solution will allow small business owners to assess their capital readiness and provide financial solutions to assist in growing their businesses. These solutions include grant funding, alternative loan programs, developmental support, and more. 


This is the first step in our larger focus on creating affordable financing opportunities for local small businesses and entrepreneurs. This solution will launch in early 2025, and we are excited to build this resource with the support of our community partners, local entrepreneurs, and key stakeholders. 

Learn More

Hosted the 1st Maricopa Pitch Competition

In partnership with Moonshot AZ and our CDFI partners (RAZA Development Fund, Prestamos CDFI, and Hustle PHX) we hosted the first Maricopa Moonshot Rural Pitch Competition.


The winner of the Maricopa Pitch Competition was also the youngest pitch participant ever! We are looking forward to the final competition that will take place later this year.

Hosted Our 1st Kiva "Rise & Thrive" Cohort

We partnered with Groundswell Capital to launch our first Rise & Thrive Cohort for 11 Women-owned businesses in Southern Arizona. These women successfully secured over $170,000 in blended capital to grow their business.

Read More

Check out the Grand Opening of the Drink Me! Tea Room in Tempe, AZ

They recently secured funding through our Green Loan Fund to complete the repairs needed to open their new location.

Selected to Manage Cochise County Brownfield Revolving Loan Fund

We were selected to manage the $1,000,000 Brownfield Revolving Loan Program to support redevelopment of communities through Cochise County.

Monthly tips, trends, and resources to grow your business

Arizona Small Business Bootcamp Webinar


Did you know that the Arizona Commerce Authority has over 300 on-demand trainings dedicated to helping you grow your small business? If you are ready to learn how to take your business to the next level check out the library by clicking learn more below.

Learn More

Maricopa State Finals

We are excited to share that we are partnering with Moonshot to host the first

Moonshot Pitch Competition in Maricopa County

Register to Attend

August is Black Philanthropy Month

Join us on Saturday, August 3rd as we partner with the Black Philanthropy Initiative and the Arizona Community Foundation to elevate giving and equity. This event will be hosted at the region's first Black-owned indoor theme park complete with cutting edge virtual reality experiences, food, and cocktails.

Register to Attend

Rural Policy Forum

Wednesday, August 7th - Friday, August 9th

Clarkdale & Cottonwood, AZ

Learn More

In Case You Missed It

GPAz Featured on the Morning Blend in Tucson

We joined the team at KGUN 9 to discuss the impact and benefits of the Tucson Brownfield Revolving Loan Fund.

GPAz Featured in Juneteenth Impact Investment Video

We joined the team at CapEQ to discuss our impact and focus on economic justice.

Thank You to Our Community Partners, Without You None of This Would be Possible!!

Interested in working with us or in need of our services?

Click the respective button below to contact our team today.

Small Business in Need of Assistance
Nonprofit in Need of Assistance
Other Inquires

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