Blog: Building for Growth (BFG)
Empowering Growth: Northern California Contractors Thrive After Participating in ICIC’s Building for Growth Program
Some of the most recent graduates of ICIC’s Building for Growth (BFG) program hail from Northern California, demonstrating the program's regional reach and tailored support for local BIPOC-, woman-, and veteran-owned contractors. These business owners, equipped with new skills and strategies, are now securing larger contracts and streamlining operations to significantly grow their impact. LaSonia Mansfield shared, “Thanks to BFG's training, I have achieved many significant milestones, including securing my second prime contract and managing more than three contracts simultaneously.” Reva Murphy of Reva Murphy Associates added, “I needed to listen to the knowledgeable instructors to put into practice their insightful suggestions, business development concepts, and long-range planning skills critical to grow a business.” The program's success, made possible by sponsors like Intuit, The Home Depot, and PG&E, has empowered participants to transform their businesses while fostering a supportive community of like-minded entrepreneurs. Read More
Guidance to Success
Josue Velney is a former Marine and retired firefighter who is now a full-time real estate developer and the CEO of Velney Development, LLC. He holds a bachelor's degree in construction management and is a licensed unrestricted construction supervisor. Velney's military background has shaped his leadership skills, which he has applied to real estate development. He is committed to improving his community through strategic real estate projects and has a rental portfolio spanning several cities. Velney participated in ICIC’s Inner City Capital Connections (ICCC) and Building for Growth (BFG) programs, which provided him with advanced education, coaching, and mentoring. As a result of his hard work and training, his company formed a strategic alliance with Callahan Construction Managers, a full-service construction management company headquartered in Bridgewater, Massachusetts. Velney emphasizes the importance of patience and the support he received from the ICIC community in achieving his success. Read More
Rebuilding Dreams: Two Maui Entrepreneurs’ Inspiring Journey Through Natural Disaster and Recovery
Picture a life on a beautiful island with a loving partner by your side, a thriving community, and a successful business. That's the life that Brandy and Eric Cajudoy created for themselves. Their desire to spend more quality time with their family inspired them to leave full-time employment and become entrepreneurs. In 2017, they co-founded Cajudoy Construction, a woman-owned/led, family-operated general construction company based in central Maui. The company specializes in residential builds and credits its steady growth to the close-knit community on the island. It was connections in the community that helped them expand their business portfolio from custom homes and remodeling to commercial projects. In 2023, Cajudoy Construction secured one of the highest-paying residential contracts the business ever had and its first government job. The Cajudoys felt ready for the future, and then, their world was set on fire. The wildfires that burned more than 6,000 acres across the island in the summer of 2023 have had a lasting impact. Although the couple did not lose personal property in the natural disaster, they have felt the repercussions of a changed economy. They’ve utilized all the skills in their toolbox, including skills learned in ICIC’s Building for Growth program, to recover the life they once had. Read More
Networking and Building Connections
ICIC's Building for Growth (BFG) program joined ICIC's Inner City Alumni Network (ICAN) in California, where they hosted information sessions in Oakland and Sacramento to launch the 2024 BFG application. In the two years since the program’s start, BFG has served 166 construction firms from 29 states. Graduates from the inaugural cohort saw incredible success, raising $5.4 million in total capital, increasing their bonding capacity by an average of 156%, and increasing their backlog by an average of 101%. The information sessions, which were held in conjunction with small business networking events hosted by ICAN, marked the first time that construction owners had the opportunity to network in-person with program staff and alumni before applying. Steve Lamar, BFG Program Director, shared how the program is specifically designed to help later-stage construction companies reach their next level, outlining the unique aspects of the program, such as classes taught by successful industry practitioners, learning with a group of peers from across the nation, and having access to digital and human resources that remain available after completing the course. Building for Growth alumni also offered comments, eagerly expressing the impact of the program on their companies. Read More
Celebrating Women’s History Month with ICIC Board Member, Jennifer Pinck
Jennifer Pinck, Boston ABC, MBA, MCPPO, is a living legend in the construction industry. She was one of the first women to enter the field, working in the building trades in the late 1970s and as a field engineer and construction superintendent on commercial projects and historic renovations in the early to mid-80s. She earned an MBA from Simmons Graduate School of Management in 1986, the same year she received an ABC Boston Building License – becoming the first woman in Massachusetts to do so. Read More