What are the responsibilities and job description for the Credit to Capital Senior Manager position at Sunshine Enterprises?
Organization Summary
Sunshine Enterprises is a 501(c)(3) nonprofit based in Chicago, IL, fostering economically viable communities through training, coaching, and connecting high-potential entrepreneurs. Our mission is to empower entrepreneurs in under-resourced neighborhoods to grow their businesses and transform their communities .
SE's core programs are the Community Business Academy (CBA), Business Acceleration Services (BAS), and Credit to Capital (C2C). The CBA is a twelve-session, 36-hour course in business basics. SE graduates over 200 graduates per year from the CBA. BAS involves services to graduates including coaching, workshops, events, alumni network, and pitch competitions. The Credit to Capital (C2C) program offers assistance to under-resourced entrepreneurs and small business owners on their journeys to securing capital. Programming includes both helping entrepreneurs with their personal credit and finances, as well as helping them apply for small business financing. Through one-on-one guidance and trusted relationships with various lenders, C2C provides technical assistance around issues of personal finance and credit, loan packaging, and business strategy to ensure successful business growth.
Within the C2C program, SE runs a Community Micro Equity Fund (CMEF) in partnership with Greenwood Archer Capital (GAC). The CMEF was launched recognizing that traditional forms of debt capital and "family and friends" investments are often unavailable to the early-stage entrepreneurs SE and GAC serve. The collaborative benefits new and emerging small black businesses with flexible, "equity like" loans up to $25,000 and support services for starting, innovating and scaling these ventures.
Position Summary
The Credit to Capital Senior Manager will oversee and implement the Credit to Capital (C2C) program, focusing on connecting entrepreneurs with financial resources and guidance to achieve sustainable business growth. This role requires exceptional program management, stakeholder engagement, and strategic leadership skills.
The ideal candidate will manage a team comprising contracted coaches, a part-time project manager, and a part-time coordinator. They will ensure the effective execution of various C2C initiatives, including workshops, the Community Micro Equity Fund (CMEF), coaching services, and external relationship management with lenders, donors, and service providers.
Essential Duties & Responsibilities
Program Leadership
Oversees the development and implementation of Credit to Capital programs, including :
- Community Micro Equity Fund (see details below)
- Tiered alumni workshops : Content rich 1-2 hour workshops focused on businesses with specific revenue levels
- General workshops : Industry relevant
- Professional Service Support : Coordinating support with tax preparation and bookkeeping providers for clients specifically applying to funding
- The Advisor Academy : Ecosystem-wide professional development series-train the trainer model
Access to Capital Coaching for Co-Working, Vending, and Diverse Developer entrepreneurs :
Establish annual and monthly work plans, calendars of events, and program schedules.
Collaborate with other Sunshine Enterprises departments, including :
Team Management
Manage and oversee the C2C team, currently comprising :
Plan and coordinate credit improvement and access to capital coaching activities, including :
Community Micro Equity Fund (CMEF)
External Relationship Management
Cross-Departmental Coordination
Required Skills and Abilities
Minimum Education and Experience
Attendance
Salary : $25,000
