Angelica Rivera

New Orleans, LA

Industry

Construction

Year founded

2008

Business

Colmex Construction

Partner College

Delgado Community College

If someone asks me how I got to this point in my business, I always tell them the most important thing was the 10,000 Small Businesses program.

Business Overview

Angelica is the co-owner of Colmex Construction, a family-owned contractor for residential and commercial construction and renovation. Colmex specializes in working with nonprofit organizations, and has helped to rebuild houses after Katrina. Angelica formed Colmex Construction with her husband in 2008.

Challenges

Angelica applied to the program to improve her company’s cash flow and learn more ways to pursue capital effectively. She also felt overwhelmed with the responsibilities of running the business and her family.

Results

After graduating the program in 2011, Colmex Construction’s revenue has increased over 8X, and the number of contractors they work with has more than tripled. Delegation has been key to help Angelica grow her business as well as her family. Her goal is to grow from $3.5 million in revenue to $20 million within five years – and she feels she’s on the right track.