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Twin Cities Startup Week: Panel on Equitable Capital Access
Twin Cities Startup Week: Panel on Equitable Capital Access

Thu, Sep 22



Twin Cities Startup Week: Panel on Equitable Capital Access

Join us for a panel discussion with industry experts about small business owners access to capital.

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Time & Location

Sep 22, 2022, 2:00 PM – 3:30 PM

Minneapolis, 1010 W Lake St, Minneapolis, MN 55408, USA

About the event

According to a study conducted by a slew of Federal Reserve Banks,  "79% of white-owned firms received all of the PPP [Payment Protection  Program] funding they sought, that share dropped to 43% for Black-owned  firms." This data further highlights the racial funding gap BIPOC  (Black, Indigenous, and People of Color) business owners face when they seek capital.

This session will feature panelists from the community, finance, and government institutions discussing their respective capital programs, common weaknesses, and what they look for in their equity financing and lending process.

The panel will conclude with a Q&A session, so come prepared with your most pressing questions!

Panelists will include:

  • Denise Butler, Associate Director and Director of Economic & Community Development, African, Career Education, and Resource Inc. (ACER) (Panel Moderator)
  • Idris Mohammed, Business Development Director, African Economic Development Solutions (AEDS)
  • Shabbir Yusufali, AVP, Bank Manager, Associated Bank
  • Michael Berling, VP, SBA  Senior Development Officer, Huntington Bank
  • Twila Kennedy, Deputy District Director, Small Business Administration(SBA)

Light snacks and refreshments will also be served.

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