February 27, 2023 (Arlington, VA/San Diego, CA) – Aaron Gougis, the Dallas Initiatives Manager for the Momentus Capital branded family of companies, has received the “Community Champion” award from the Dallas Business Journal.
Mr. Gougis launched the first cohort of Capital Impact Partners’ EDI program for real estate developers in Dallas and then managed the first cohort of the six-month program in 2022. The program helps real estate developers with training, mentorship, and pathways to financing.
“I’m proud of the work we’ve done to bring the EDI program for real estate developers to Dallas, what the program has already meant for the developers who participated in it, and what it will continue to mean for the community,” said Mr. Gougis. “And I’m excited for what ’s still to come — how we can better support the Dallas area as an organization, to learn about the challenges that community members are facing, their goals, and their needs.”
The Momentus Capital branded family of companies — which includes Capital Impact Partners, CDC Small Business Finance and Ventures Lending Technologies, among other companies — is dedicated to offering a continuum of financial, knowledge, and social capital.
Since launching in 2018, the EDI program for real estate developers has trained more than 200 developers in Dallas; Detroit; the Washington metropolitan area; and the San Francisco Bay Area.
The program helps create generational wealth for the developers — whose projects also create attainable housing, mixed-use developments, jobs, and greater opportunities for the individuals who live in the developers’ communities.
“Aaron built relationships with community leaders and the City of Dallas, as well as with funders such as JPMorgan Chase and Charles Schwab, influencing them to focus on efforts in the Dallas area such as the EDI program for real estate developers,” said Lauren Counts, Head of National Programs for Momentus Capital.
“Aaron also recruited a strong network of mentors, who serve an important role for program participants going beyond regular advisory support and answering questions about particular deals,” Ms. Counts said. “They provide nurture, guidance, and advice to these emerging developers, imparting — and serving as a strong example of — what it takes to be successful in this field in the Dallas area.”
The launch of the EDI program in Dallas received significant interest, with more than 100 applicants applying to the first cohort. Capital Impact Partners expects to launch its second cohort in Dallas later in 2023 and is committed to working in the Dallas area to better support local social service organizations providing health care, education, healthy food, and affordable housing.
This is the latest recognition for the Momentus Capital branded family of companies:
- In 2022, the Washington Business Journal honored Momentus Capital President and CEO Ellis Carr as the Nonprofit Leader of the Year.
- Fast Company named Mr. Carr to that publication’s 14th annual list of the Most Creative People in Business.
- Momentus Capital was nominated to the Washington Business Journal’s Inno on Fire awards for helping to fuel the region’s economy.
- CDC Small Business Finance finished Fiscal Year 2022 as the foremost SBA 504 and Community Advantage lender in the United States.
- Team members Ken Rosenthal and Stacey Sanchez received two top honors from Coleman Report as the leading banking publication’s SBA Business Development Officers of the Year.
- The NonProfit Times named Capital Impact Partners as one of the best nonprofits to work for.
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About CDC Small Business Finance
CDC Small Business Finance, part of the Momentus Capital Branded family of organizations, is transforming how capital and investments flow into communities to provide people with access to the capital and opportunities they deserve. As the nation’s leading mission-based small business lender, CDC Small Business Finance helps build strong communities and create generational wealth by deploying mission-driven financing and free business advising to the small businesses that are the backbone of their communities and the country.
CDC Small Business Finance delivers small business and commercial real estate loans paired with free technical assistance to bolster entrepreneurship, economic development, and job creation.
We offer numerous loan products, including the Small Business Administration (SBA) 504 commercial real estate loans, SBA Community Advantage loans, and SBA Microloans. In addition, we offer non-SBA products to provide alternative options for those unable to qualify for traditional financing. CDC Small Business Finance also offers free business advice to support potential borrowers in getting loan-ready and to help our current borrowers grow and expand their businesses.
Since 1978, CDC Small Business Finance has provided more than $21.3 billion in financing to 12,500 borrowers and helped create and preserve over 217,000 jobs.
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital and Momentus Securities (an SEC-registered broker-dealer, a MSRB-registered municipal advisor, a FINRA-approved Municipal Securities Broker Dealer, and a FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, their clients will now have access to more resources and products
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at cdcloans.com and momentuscap.org.
About Momentus Capital
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, and Momentus Securities (an SEC-registered broker-dealer, a MSRB-registered municipal advisor, a FINRA-approved Municipal Securities Broker Dealer, and a FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, its clients now have access to more resources and products.
The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems by offering a continuum of financial, knowledge, and social capital to help entrepreneurs, community-based organizations, and local leaders at every growth stage to build strong communities and create generational wealth.
This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions that advance locally-led solutions.
Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, the Momentus Capital branded family of organizations has delivered $24 billion in financing, created and preserved 298,000 jobs, and served 14,350 small businesses and 6 million people across our history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at momentuscap.org.
