Shannon Beach
Community Investment Collaborative
CIC is a microenterprise development program that supports local entrepreneurs in Charlottesville, Virginia.
We abide by the principal that strong local economies come from within: CIC is a grassroots initiative created by the community for the community.
Through a 4-month comprehensive business training program, microfinancing, and ongoing advisory support, CIC strengthens the local ecosystem for entrepreneurship.
The Community Investment Collaborative initially grew from the personal experience of Toan Nguyen, owner of C’ville Coffee during the recession. After numerous conversations, a workgroup of 48 people with nonprofit, business and education backgrounds came together to better understand the financing difficulties faced by micro-enterprises in our region. It became clear that small businesses lacked access to appropriate financial solutions and a comprehensive support system necessary for business success.