PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

SBE Council’s Kerrigan to Testify Before Congress on “Access to Capital” for Women and Minority-Owned Businesses

By at 9 July, 2020, 8:10 am

NEWS

For Immediate Release

Washington, D.C. – Today, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan will testify before the U.S. House Financial Services Committee, Subcommittee on Diversity and Inclusion, on barriers to accessing capital for women and minority-owned businesses during COVID-19. Solutions and legislative proposals will also be discussed.

(Listen to a preview of the issues Kerrigan will touch upon in this week’s Growth Without Barriers podcast by clicking here or the image to the right.)

As noted by Kerrigan in her testimony, historic and systemic challenges to accessing capital for minority and women-owned businesses have risen to the surface as a result of COVID-19 and the programs designed to help small businesses, but there are opportunities to strengthen and further democratize access through equity and debt-based crowdfunding, and targeted reforms to boost the availability of capital. Kerrigan will focus on ideas and solutions for spurring private sector investment and capital into these businesses.

Here are the details of the hearing:

Date: Thursday, July 9th

Time: 12:00 p.m. ET

Title: “Access Denied: Challenges for Women- and Minority-Owned Businesses Accessing Capital and Financial Services During the Pandemic”

Location: Online here for the Livestream

 

Contact: Karen Kerrigan, kkerrigan@sbecouncil.org

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 25 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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