Loveland Business Partnership

What Loveland Business Partnership does

Loveland Business Partnership (LBP) is a private nonprofit economic development organization headquartered at 421 East 4th Street in Loveland, Colorado. Founded in its current form in February 2013 (under the name Loveland Development Fund, renamed in 2015) and building on a 60-year predecessor lineage, LBP convenes local government, the business community, educators, and community thought leaders to drive economic growth in the Loveland/Northern Colorado region. All services are provided free of charge; the organization is funded by investor contributions and grants rather than fee-for-service revenue.

LBP operates two core programmatic offerings. First, it is the primary financial and technical supporter of The Warehouse, a 501(c)(3) nonprofit business accelerator that provides second-stage scale-up support for technology and advanced manufacturing companies; The Warehouse was co-founded in November 2013 by Jay Dokter and Dan Kamrath and is the only business accelerator located in Loveland, now operating from 48,000 square feet donated at The Forge Campus (the former Hewlett-Packard site acquired for $15.5 million in November 2020). Second, in May 2021 LBP launched a work-based learning partnership with Thompson School District and Thompson Career Center to connect students to local business employment.

LBP has no proprietary technology platform, no app, no disclosed API, and no AI/ML capabilities. The business model relies on investor membership contributions and grant funding; pricing is not applicable since services are free to users. Customer "concentration" is therefore inverted from a typical SaaS framing — LBP serves a broad base of Loveland-area businesses, students, and partner institutions rather than paying enterprise customers. Over a three-year period, The Warehouse portfolio companies reportedly raised $7 million in capital, generated $31.6 million in revenue, and provided 115 jobs (61 newly created). LBP is governed by a board chaired by Nick Roe (HUB International) with Jay Dokter (President, also CEO of Vergent Products) as a founding principal.

Name

Loveland Business Partnership

Legal name

Loveland Business Partnership

Website

https://lovelandbusinesspartnership.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Business Associations (81391)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Employer-Led Workforce Partnerships & Sector Strategies (EDAAAOAB)

akta.pro secondary industry

Small Business & Entrepreneurship Community Education (EDAAAFAK)

Keywords

• Economic development
• Business accelerator programs
• Workforce development
• Community partnerships
• Nonprofit organization management

Headquarters

HQ city

Loveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investor Contributions: LBP is funded by investors who share the vision to connect, lead and engage in business issues impacting Loveland. As a nonprofit organization, all services provided are free of charge to businesses.
2. Grant Funding: The organization receives grant funding for economic development initiatives and support of The Warehouse business accelerator.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Loveland Business Partnership is a non-profit economic development organization that connects local government, the business community, educators, and community thought leaders to drive economic growth in Loveland, Colorado. It serves as the primary financial and technical supporter of The Warehouse, a business accelerator providing second-stage support for technology and advanced manufacturing companies, and operates work-based learning programs that connect Thompson Career Center students to local businesses. All services are provided free of charge to businesses.

Product overview

Loveland Business Partnership is a non-profit economic development organization that offers two primary programs: The Warehouse Business Accelerator (a scale-up accelerator for technology and advanced manufacturing companies) and the Thompson Career Center Partnership (work-based learning connection between schools and businesses). All services provided are free of charge to businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• The Warehouse Business Accelerator A non-profit business accelerator and the only accelerator in Loveland, providing second-stage support and services for technology and advanced manufacturing companies, including a network of mentors and experienced business leaders to help growing companies scale up.
• Thompson Career Center Partnership A work-based learning program in partnership with Thompson School District and Thompson Career Center that prepares and places high school students in jobs with local Loveland businesses, satisfying Thompson Career Center's graduation requirement.

Quantifiable outcome

• $7 million in capital raised by Warehouse companies over 3 years
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Thompson Career CentercoreStrategic or Co-development PartnerLBP partnered with Thompson School District and Thompson Career Center to promote work-based learning programs that prepare and place students in jobs with local businesses. Thompson Career Center mandates work-based learning for student graduation.
• The Warehouse Business AcceleratorcoreStrategic or Co-development PartnerLBP is the primary financial and technical supporter of The Warehouse, a nonprofit business accelerator providing second-stage support and services for Loveland's primary employers. The Warehouse is the only business accelerator in Loveland.
• Thompson Valley School DistrictminorStrategic or Co-development PartnerOne of LBP's key educational partnerships for workforce development initiatives.
• Loveland Chamber of CommerceminorStrategic or Co-development PartnerCollaborative relationship with the local Chamber of Commerce for business community engagement.
• Northern Colorado Economic AllianceminorStrategic or Co-development PartnerRegional economic development partnership representing Larimer and Weld Counties.
• Loveland Business Development CenterminorStrategic or Co-development PartnerPartnership with local business development resources for economic growth.
• City of LovelandcoreStrategic or Co-development PartnerLBP works together with city leaders to create, fund and lead initiatives that boost Loveland's economic development.
• The Forge CampuscoreStrategic or Co-development PartnerThe Forge Campus (formerly Hewlett-Packard facility) houses The Warehouse accelerator. Investors bought the RMCIT facility for $15.5 million in November 2020 and donated 48,000 square feet to The Warehouse.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Village Capital: Village Capital is a nonprofit that runs accelerator programs supporting entrepreneurs in underserved markets, often partnering with regional economic development organizations—comparable to LBP in nonprofit mission, peer-network-driven methodology, and reliance on regional partnerships for cohort sourcing.
• gener8tor: gener8tor is a nonprofit accelerator operating accelerator programs nationwide for early-stage startups with cohort-based investment and mentorship models—comparable to The Warehouse as a nonprofit business accelerator serving second-stage companies, though at much greater scale and broader geography.
• MassChallenge: MassChallenge is a global nonprofit accelerator that supports early-stage startups through mentorship-driven programs without taking equity—directly comparable to The Warehouse as a high-profile nonprofit accelerator with a similar zero-equity, mentor-network-driven model.
• Northern Colorado Economic Alliance: NCEA is the regional economic development corporation for Larimer and Weld Counties (formed by merging NCEDC's assets). LBP is explicitly a partner organization; both focus on business attraction, retention, and growth in Northern Colorado, making them directly comparable in function though different in scale and geography.
• Innosphere: Innosphere is a nonprofit technology incubator/accelerator in Fort Collins, Colorado, serving early-stage and second-stage science and technology companies in Northern Colorado—directly comparable to The Warehouse in geography, mission, and target customer (second-stage tech companies in Northern Colorado).
• Loveland Chamber of Commerce: The Loveland Chamber of Commerce serves as another nonprofit business membership organization supporting Loveland businesses with networking, advocacy, and resources—directly comparable as a local business association serving the same geographic market with overlapping member services.

Regional players

• Galvanize: Galvanize (now part of Kenzie Academy) operates tech education campuses and accelerators in Colorado, including Denver—comparable as a regional player providing tech-focused workforce development and accelerator services that overlap with The Warehouse's second-stage tech company focus, though based in Denver rather than Loveland.
• Rockies Venture Club: Rockies Venture Club is a Colorado-based angel investing and entrepreneurship network active across the Front Range including Northern Colorado—comparable as a regional player that supports Colorado startups with capital, mentorship, and education, overlapping with LBP's entrepreneur support mission.
• Startup Colorado: Startup Colorado is an initiative supporting entrepreneurship across the state, often partnering with regional economic development organizations—comparable as a regional Colorado-focused entity with a similar mission of fostering entrepreneurship and connecting founders to resources, overlapping with LBP's geographic scope.

Broad incumbents

• Techstars: Techstars operates one of the world's largest for-profit accelerator networks with mentorship-driven programs for startups globally—a broad incumbent in the accelerator space that overlaps with The Warehouse's core function but operates at vastly greater scale with a profit-driven equity model rather than LBP's nonprofit model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Loveland Business Partnership