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    DreamSpring Celebrates 30 Years of Transformative Impact

    August 16, 2024

    DreamSpring Celebrates 30 Years of Transformative Impact
    5:44

    The nonprofit lender marks 30 years of funding small business dreams with a community event and the launch of a new initiative for future impact.

    ALBUQUERQUE, NM — DreamSpring, an award-winning Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender, is celebrating its 30th anniversary of funding small business dreams and vitalizing communities. To honor this milestone year, DreamSpring is thrilled to announce its flagship DreamUp Fund, as well as a 30th Anniversary Celebration event to be held on Wednesday, Nov. 13, 2024, in Albuquerque. 
     
    DreamSpring was launched in Albuquerque in 1994 by Anne Haines, one of a handful of women CDFI founders who has continued to lead her institution as President/CEO over the decades. In that time, DreamSpring has expanded its reach and impact from its New Mexico headquarters to thousands of communities across 27 states. To date, the nonprofit organization has issued more than 48,796 loans totaling more than $538 million, supporting an estimated 65,138 jobs. 
     
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    “For 30 years, DreamSpring has worked to eliminate systemic wealth inequities and create ripples of generational change,” says Anne Haines. “In those three decades, we have witnessed the seismic impact of providing access to capital and support to small business owners, who are the heart and soul of our communities. To invest in them is to invest in all of our futures.” 

    DreamSpring works to fill a critical gap in the banking system by providing micro-loans to entrepreneurs, credit-building loan products and coaching, and education and support to small businesses. In 2023, 93% of its loans went to small business owners from underserved and under-represented populations including people of color, women, low- to moderate-income earners, people with disabilities, and startups — results that place DreamSpring among the most impactful micro-finance organizations in the community development finance industry.   

    To drive the next chapter in economic equity and inclusion, DreamSpring is excited to announce the launch of its flagship DreamUp Fund. This strategic initiative is designed to scale lending to $1 billion, a new benchmark for DreamSpring that furthers its mission to create generational change for underserved small business owners. Donors can join the DreamUp Fund at a number of investment levels that offer unique recognition opportunities and benefits, along with making a catalytic difference in the lives of entrepreneurs who fall outside of the financial mainstream. 

    "Our commitment to supporting small business owners is more important than ever, and the DreamUp Fund has the power to be transformational in advancing our mission," says Anne Haines. "I invite you to join us in providing capital, education, and encouragement to this next generation of entrepreneurs in need. Together, we can DreamUp a world of opportunity for all." 

    DreamSpring is inviting community members, partners, and small business owners to celebrate alongside the organization at its 30th Anniversary Celebration Luncheon. Taking place on Wednesday, Nov. 13, 2024, at Downtown Albuquerque’s Clyde Hotel, the event will be a shared celebration of collective impact and a recognition of the transformational influence of small businesses in New Mexico and across the country.  

    DreamSpring gratefully acknowledges the host committee of community leaders and successful entrepreneurs who have mobilized to raise awareness and amplify community engagement around the event:  

    • Kamal AliCommunity Leader
    • Jason BurnsRiccobene Masonry Company
    • Ernie C’ de BacaHispano Chamber of Commerce
    • Heather CameronCommunity Leader and Information Industry Executive
    • Laurie DonovanCommunity Leader
    • Del EsparzaEsparza Digital + Advertising
    • Beverlie FrazierNexstar Media Group
    • Tom Garrity and Jenna SimonThe Garrity Group Public Relations
    • Arian GonzalesCervantes Food Products
    • Debbie JohnsonAlbuquerque Publishing Company
    • Gabriela MarquesMinority Business Development Agency Business Center New Mexico
    • Roxanna MeyersCentury Sign Builders
    • Yashoda NaidooAnnapurna's World Vegetarian Café 

     


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    To purchase 30th Anniversary Celebration tickets or learn about event sponsorship, please visit go.DreamSpring.org/30years.  


    To contribute to generational small business impact through the DreamUp Fund, visit go.dreamspring.org/dreamup-fund

     

    To learn more about DreamSpring, access free entrepreneurial resources, or apply for a small business loan, visit DreamSpring.org

     


     

     

    About DreamSpring

    DreamSpring is a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender dedicated to eliminating systemic wealth inequities and accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on underrepresented communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. To date, DreamSpring has issued more than 48,796 loans totaling over $538 million to small businesses that support an estimated 65,138 jobs. Learn more at DreamSpring.org.