Accessing Capital in the "New Normal"
Small Business Entrepreneurship Summit
Accessing Capital in the "New Normal"
COVID-19 has had a major impact on small and minority-owned businesses, exacerbating issues that entrepreneurs were already facing - including the inability to readily access capital needed to sustain the business. Government pandemic assistance offered some relief through loans and grants, but diverse business owners continue to be some of the hardest-hit by the current economic situation. Recent data from the Wells Fargo/Gallup Small Business Index notes that over one third (35%) of Black and African American business owners surveyed said they found it difficult to obtain credit in the past 12 months.
Post COVID-19, access to capital will remain critical for minority businesses as they struggle to return to normal operations. This panel will explore the best ways to obtain loans and other financing vehicles to help strengthen and grow small business.
Speakers:
Butch Graves - Black Enterprise, President and CEO
Everett K. Sands - Lendistry, CEO
Bob Marshall - Wells Fargo National Small Business Development Leader
Chef Chew Founder and CEO of Something Better Foods Inc