Tag: Leadership

Recipes for Resilience

Momentum celebrated a big anniversary in 2016. For 25 years now, we have been taking an economic approach to social issues, and adding a social perspective to local economic development. The pressures of our struggling economy brought out the best in us, and this year has been one of our finest. We are grateful to our board and staff, participants, investors and community partners. We… Read more

Made from Scratch

Marquesa Shore had always wanted to be a business owner but, until one casual drive through the mountains, she had no idea what that could mean. She had been earning good money in Fort McMurray, but lost her job during layoffs in 2014. When she later visited Banff, she was immediately inspired: Banff needed a women’s clothing boutique, and she would be the one to… Read more

Engaging in Determining Vision

Recently, Momentum connected with our community to begin the process of determining our strategic map to carry us forward. We are grateful to everyone that engaged with us in our strategic visioning process. The visions and actions created through your engagements will be used to develop Momentum’s new strategic directions. Together we worked to: Discover what factors are vital to Momentum’s current work and past… Read more

Learning from Local Entrepreneurs: Uber’s Calgary Origins

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Momentum is partnering with Launch Calgary to share the stories, successes, failures and lessons learned from some of our city’s leading entrepreneurs. Our hope is that these stories can provide inspiration to the entrepreneurs that we are connected to as well as inspire our wider community to support local businesses and build a stronger Calgary. We hope you enjoy the stories in this series. Learn… Read more

Payday Lending Changes in 2016

2016 was a momentous year for payday lending reform, both in our province and our city! Here’s a recap: CALGARY June 2016 – Calgary City Council votes by a margin of 13-1 to include payday lenders under the Business License Bylaw •Payday lenders must now obtain business licenses and pay an annual licensing fee of $184. •In addition, payday lenders must display large signs in-store… Read more

Enough For All: Raising Awareness of Poverty in Calgary

We generally think of Calgary as a prosperous city; but, did you know that Calgary has the highest level of income inequality of any city in Canada? More than 127,000 people live in poverty in Calgary. Enough For All is a commuity-led campaign with a goal to reduce this number 50% by 2023. We all need to work together to in order to ensure that… Read more

Better Together: Three Stories of Partnership from 2015

At Momentum, we succeed because of our partnerships. Building lasting partnerships with individual participants is at the core of our work. Participants access our programs and training to move out of poverty and build prosperity for themselves and their families. The partnerships come full circle when many of them return after graduating to support Momentum and current participants. While our work with individuals is fundamental… Read more

Succession Planning: A Case Study

Succession and transition planning are a critical part of the future success for any organization and can be somewhat more complex for not-for-profits. When Walter Hossli, Momentum’s founding executive director (ED), decided to transition out of his role, many of these complexities were experienced. Instead of rushing the process or backtracking and foregoing it altogether, the board and committee members, and the leadership team at… Read more

Building a better payday loan

At one time or another we have all struggled with money. Some people are able to rely on loans from parents, family, or the bank to get through a financial crisis. Others are not so lucky and feel their only option is a high interest payday loan. Momentum has been working to better regulate this predatory industry but regulation is only one side of the… Read more

Volunteering: It is more than just helping out…

By: Rachel Hardcastle – Guest Blogger: Tristan Laut Donations come in many forms, some come in money and others in the form of simply giving one’s time. Volunteers are a fundamental part of Momentum. They dedicate their time and energy, contributing to the success of our participants and programs, and making Momentum a better place to be for everyone. As summer quickly comes to a… Read more