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Racial Equity Strategies: How Financial Institutions Can Effectively Support Minority-Owned Small Businesses
June 9, 2021 @ 1:00 pm – 2:30 pm PDT
Join us June 9th to discuss how the banking sector can develop strategies that serve entrepreneurs of color and bolster local economies. Small businesses are crucial to the nation’s economy and are important sources of employment and wealth building, particularly for minority communities. The number of minority-owned businesses has grown rapidly in recent years, and their success and ability to access funding is important to promoting economic opportunity and growth.
Come learn about the state of minority-owned businesses, insights on their performance, access to financing, and experiences in the credit market. Presenters will share findings from the Federal Reserve Small Business Credit Survey and spotlight products and partnerships that expand access to diverse types of capital and deepen the impact of technical assistance and resources. Banks, MDI’s, CDFIs and other small business intermediaries will share their approaches that seek to improve the success of minority-owned small businesses, including strategies that address gaps in capital availability and reduce the business ownership gap for entrepreneurs of color.
Register today to learn about disparities minority-owned small businesses face and how capital providers can better incorporate a racial equity lens to enhance lending.
Who should attend?
The program is designed for attendees from banks, CDFIs, credit unions, community based organizations and technical assistance providers.
SVP/Community Impact Director
Community Bank of the Bay
Director, Business Ownership Initiative
The Aspen Institute
Director of Lending & Consulting
Policy Analyst, Community Development
Managing Director, Corporate Social Responsibility
MUFG Union Bank, N.A.
Visit the event registration page for speaker profiles.