Colorado Institute for Social Impact will hold a press conference to announce its launch in Colorado Springs

August 15, 2017

CI4SI is poised to lead the national movement on social impact.

COLORADO SPRINGS, Colo., Aug. 15, 2017 – The Colorado Institute for Social Impact (CI4SI) will launch at 4 p.m. on Wednesday, Aug. 23, with a press conference, followed by a reception.

A social enterprise of BBB of Southern Colorado, CI4SI will provide more awareness of the new Fourth Sector of the economy, referred to as the Social Impact Sector, and be the catalyst for more businesses that generate a social impact.

CI4SI evolved from an initiative, the Colorado Coalition for Social Impact, which BBB of Southern Colorado piloted to the community a year ago. Requests for more information, resources, events and innovations led to the separate organization being created.

“We must think beyond the bottom line and look to businesses with a higher purpose to lead us in the new impact economy,” said Jonathan Liebert, CEO and executive director of BBB of Southern Colorado and the Colorado Institute for Social Impact.

“The economic rules are changing. Consumers are more informed and conscious about where they spend their money. They want to know how businesses are positively impacting their communities.

“We believe that Colorado Springs is the ideal location and is well positioned to lead the national movement on social impact,” Liebert said.
CI4SI will provide social entrepreneurs with training, resources, and education for their social impact businesses. Upcoming initiatives available through CI4SI will include:

  • Education and training on launching a new social impact business or converting an existing non-profit organization or business;
  • Networking events
  • Consultative services
  • Social Return on Investment (SROI) measurement analysis
  • First-of-its-kind social entrepreneur assessments
  • Annual Social Impact Conference
  • Annual PRISM Awards, honoring local social entrepreneurs creating impact in the community

The unveiling of the CI4SI’s website, its SROI study performed for the Beanstalk Foundation, and services offered will happen at the Press Conference and Launch Celebration on Wednesday, Aug. 23. In partnership with Peak Startup Week, this event is featured in the Wednesday, Aug. 23, event agenda.

“Social impact can evolve capitalism and social impact businesses can inspire others to strive for a higher purpose,” said Dr. Rocky White, chair of CI4SI’s board of directors.

Among CI4SI’s board of directors are the following social impact businesses: Springs Rescue Mission/Mission Catering, Common Cause Catering and Local Relic, Professional Transition Services, Silver Key Senior Services/Key Benefits, Blue Star Recyclers and Energy Resource Center.

CI4SI is currently collaborating with the Pikes Peak Library District, Pikes Peak Small Business Development Center, Colorado Springs Convention & Visitors Bureau, Colorado Springs Chamber & EDC, Peak Startup and Beanstalk Foundation to heighten awareness of the Fourth

Who: Colorado Institute for Social Impact (CI4SI)

What: Special launch event by invitation and registration only

When: Wednesday, Aug. 23
4 p.m. Press Conference by invitation only
4:30 -7 p.m. Reception and networking

Where: Ivywild School Gym, 1604 S. Cascade Ave., Colorado Springs, CO 80905

Registration: Space is limited. Registration is required to attend the reception. Reservations can be made online at

Formerly the Better Business Bureau of Southern Colorado Foundation, the Colorado Institute for Social Impact (CI4SI) is focused on serving social impact organizations with access to education and resources.

CI4SI also seeks to increase awareness amongst consumers about these types of entities and how their money goes further when they purchase products from a social impact business. CI4SI’s mission is to “Harness Social Impact to accelerate the evolution of business.”

For more information, follow CI4SI on Facebook.

Since August of 1980, Better Business Bureau of Southern Colorado has helped consumers find businesses, brands, and charities they can trust. It serves 25 counties throughout Southern Colorado.

BBB of Southern Colorado sets standards for marketplace trust – to create a community of trustworthy businesses and charities – by encouraging and supporting best practices, educating consumers and businesses, celebrating business role models, and calling out and addressing substandard marketplace behavior.

BBB of Southern Colorado houses nearly 40,000 reviews on companies in the region. In 2016, it processed 2,660 complaints and had 1.67 million page views on its website. All company and charity reports are available for free online.

For more information, visit BBB of Southern Colorado, follow us on Twitter, or like us on Facebook.

Becca Tonn