Name: Power in Capital: The Economy Starts with You
Start: 2024-10-24T08:30:00-04:00
End: 2024-10-24T18:00:00-04:00
Location: Denbigh Community Center

Power in Capital: The Economy Starts with You

Learn your financial options for your business from grants, loans, and bonding.
About this Event

Starting a business begins with a great idea. Launching a business starts with access to funding. Whether it's traditional business financing or startup funding, there's a pathway for you.

Join our speakers in discussing your financial options as you start or grow your business. What are the buzzwords and why is a revenue model important.

Presentations by:

VSBFA (Karen White) - offers programs to provide businesses, not-for-profits, and economic development authorities with the financing needed for economic growth and expansion throughout the Commonwealth.
The Metropolitian Business League - comprised of five leading tiers; grants, KIVA loans, bridging Virginia loans, CDFI loans and traditional banking loans, MBL's mission is to educate, empower, and elevate disadvantaged business owners and entreprenuers, by augmenting technical expertise, increasing access to capital, and stimulating business growth.
LISC of Hampton Roads (Jay Grant) - supports new and growing local businesses to position them for mainstream success. Through a network of partners dedicated to growing opportunities for traditionally underrepresented entrepreneurs, we provide technical assistance, capital and contracting opportunities to small businesses across Hampton Roads.
SBA (William Pocan) - provide information on small business lending programs available through the Small Business Administration. Financing is available up to $5 million and there is no minimum. Loans are available for a wide variety of business purposes including working capital, purchases of inventory, equipment and owner-occupied commercial real estate, business acquisitions and debt refinancing.
State Farm (Mark Crump) - learn about insurance types in construction, the importance of insurance for risk mitigation, and common insurance policies. Understand the role of bonding in construction and the types of construction bonds.