Small businesses contribute an estimate 47 percent of U.S. employment and serve as the primary vehicle of wealth creation for minorities and women nationwide. Prior to the COVID-19 pandemic, research shows that businesses in communities of color were the most
cash-constrained but the least likely to have existing relationships with large banks, playing a role in keeping them out of recovery efforts. Today, minorities and women still index high in business startups and entrepreneurship initiatives despite the various
liquidity constraints and limited access to credit.
Our presenters will share how financial institutions, non-profits and community-based organizations can encourage the development of a “Path to Prosperity” by incentivizing unbanked and under-banked small business owners and individuals to establish a relationship
with an insured financial institution and/or accessing financial services.
This virtual summit will focus on the southern United States and we will be hearing from experts in the banking and lending industry, community partners, government contracting officers, and Asian American and Native Hawaiian/Pacific Islander-owned small businesses
engaged in healthcare services.
“Path to Prosperity” is brought to you by the SBA, FDIC and USDA, and is a regional business development series.
This NO-COST, virtual event will focus on the southern United States. “Path to Prosperity” will
consist of panel discussions comprised of economic, lending and government contracting experts. There will be facilitated conversations, sharing best practices, and innovative solutions.
Topics to include:
-
Accessing Capital and Building a Relationship with Lenders
-
Business in the Healthcare Ecosystem
-
Basics of Government Contracting
WHEN: Wednesday, June 15, 2022
TIME: 1:30 pm to 6:00 pm (CT)
WHERE: Delivered Virtually via MS Teams (Link provided at registration)
WHO SHOULD ATTEND: Small Businesses, Community Partners, the Lending Community
Wednesday, June 15th 1:30 pm- 6:00 pm CT
During these sessions, Federal agencies will also highlight resources available including FDIC’s
“Money Smart Financial Education Program”, SBA’s Capital, Contracting, and Technical Assistance Programs and USDA’s Rural Development Loans, Grants, and Procurement Opportunities.
SBA programs and services are extended to the public on a nondiscriminatory basis. For reasonable accommodation request please send an email to
Rural@SBA.GOV at least 7 days in advance.
Need FREE assistance with your business?
Please reach out to one of our local Resource
Partners.
Note: All webinars are in Central Time.
For further assistance, please contact Arkansas_DO@sba.gov
To see all upcoming webinars, please visit:
www.sba.gov/ar
Sign up for email updates from SBA at
SBA Updates.
Follow us on Twitter
@SBA_Arkansas
All SBA programs and services are extended to the public on a nondiscriminatory basis.
The information contained in this publication does not constitute an official endorsement or approval by the U.S. Small Business Administration.
|
