As part of the American Rescue Plan, the State Small Business Credit Initiative (SSBCI) 2.0 is providing billions to support small businesses and drive innovation across the country. In this interactive panel discussion, Host David Ponraj is joined by economic development leaders from California, Iowa and Mississippi as they share how they are designing inclusive, statewide Technical Assistance programs to ensure equitable access to SSBCI capital and resources. Here are some of the highlights:Overcoming Barriers Through Trusted ConnectorsPrograms bring in trusted community organizations as “connectors” to reach underserved entrepreneurs“It’s important to have those boots on the ground, community partners…they’re trusted compared to a state office” – Mary Kelly, Iowa Economic Development AuthorityMinority chambers, local libraries and more help build pathways to overlooked businessesDesigning for Equity and Inclusion From the StartCalifornia took an innovative “mesh network” approach by partnering diverse entities across categories“The intent was it would be collaborative…touching every industry from every corner of California” – Shalawn Garcia, California Office of the Small Business AdvocatePrograms focus on promoting capital readiness and access for all through targeted outreachMeeting Stringent Reporting & Compliance NeedsRobust data tracking and customized systems ensure granular reporting to meet federal requirementsDetailed intake surveys capture business intel from the start to streamline compliance“We’ve been pleased with how easy it’s been to modify systems for our specific process needs” – Don Calcote, Mississippi Small Business Development Center
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As part of the American Rescue Plan, the State Small Business Credit Initiative (SSBCI) 2.0 is providing billions to support small businesses and drive innovation across the country. In this interactive panel discussion, Host David Ponraj is joined by economic development leaders from California, Iowa and Mississippi as they share how they are designing inclusive, statewide Technical Assistance programs to ensure equitable access to SSBCI capital and resources. Here are some of the highlights:Overcoming Barriers Through Trusted ConnectorsPrograms bring in trusted community organizations as “connectors” to reach underserved entrepreneurs“It’s important to have those boots on the ground, community partners…they’re trusted compared to a state office” – Mary Kelly, Iowa Economic Development AuthorityMinority chambers, local libraries and more help build pathways to overlooked businessesDesigning for Equity and Inclusion From the StartCalifornia took an innovative “mesh network” approach by partnering diverse entities across categories“The intent was it would be collaborative…touching every industry from every corner of California” – Shalawn Garcia, California Office of the Small Business AdvocatePrograms focus on promoting capital readiness and access for all through targeted outreachMeeting Stringent Reporting & Compliance NeedsRobust data tracking and customized systems ensure granular reporting to meet federal requirementsDetailed intake surveys capture business intel from the start to streamline compliance“We’ve been pleased with how easy it’s been to modify systems for our specific process needs” – Don Calcote, Mississippi Small Business Development Center
As part of the American Rescue Plan, the State Small Business Credit Initiative (SSBCI) 2.0 is providing billions to support small businesses and drive innovation across the country. In this interactive panel discussion, Host David Ponraj is joined by economic development leaders from California, Iowa and Mississippi as they share how they are designing inclusive, statewide Technical Assistance programs to ensure equitable access to SSBCI capital and resources. Here are some of the highlights:Overcoming Barriers Through Trusted ConnectorsPrograms bring in trusted community organizations as “connectors” to reach underserved entrepreneurs“It’s important to have those boots on the ground, community partners…they’re trusted compared to a state office” – Mary Kelly, Iowa Economic Development AuthorityMinority chambers, local libraries and more help build pathways to overlooked businessesDesigning for Equity and Inclusion From the StartCalifornia took an innovative “mesh network” approach by partnering diverse entities across categories“The intent was it would be collaborative…touching every industry from every corner of California” – Shalawn Garcia, California Office of the Small Business AdvocatePrograms focus on promoting capital readiness and access for all through targeted outreachMeeting Stringent Reporting & Compliance NeedsRobust data tracking and customized systems ensure granular reporting to meet federal requirementsDetailed intake surveys capture business intel from the start to streamline compliance“We’ve been pleased with how easy it’s been to modify systems for our specific process needs” – Don Calcote, Mississippi Small Business Development Center