Regional Strategies to Support Business Ownership During Recovery and Beyond
The impact of Hurricane Helene has accelerated intentional efforts to deploy capital and emergency assistance to families, communities, nonprofit organizations and other anchor institutions across the Carolinas. As recovery efforts continue, it is important to also consider the needs of small businesses impacted by natural disasters. The road to rebuild demands all communities become more prepared to weather the immediate and residual effects of current and future instances.
Business ownership is one of many pathways to promote economic mobility and community wealth building strategies. Moreover, business ownership intersects across other asset building strategies including employment, housing, employment, social determinants of health and financial wellbeing. Pairing patient capital with coaching and other wrap around services is essential to support small business ecosystems.
Philanthropy and financial institutions of various types and sizes can invest in community development financial institutions (CDFIs) and mission-aligned ventures to leverage public and private funds to help keep businesses in the community viable. Join your peers and cross regional stakeholders to explore how we can work together to advance multi-pronged approaches that support immediate relief, short-term recovery and long-term rebuilding efforts.
Together we will:
- Learn about existing regional opportunities that provide flexible capital solutions for business ownership recovery and growth.
- Share systems-level insights to support ongoing recovery efforts and increase preparedness for all communities.
- Encourage short-term and long-term investment approaches to expand wrap around services for small businesses directly impacted by Hurricane Helene and beyond.
Audience: This webinar is open to philanthropy, financial institutions, and other regional stakeholders.
Accessibility Statement: Captioning will be provided. If you have any other accessibility requests or questions, please email Beth Yeap at beth@assetfunders.org. Requests for reasonable accommodations must be received by November 14, 2024, to ensure our ability to meet your request.