US Dept Of The Treasury - Access To Capital:Advancing Small Business Part 2

Description

In response to the Biden Administration's Executive Order 13985, the U.S. Department of Treasury, Office of Small and Disadvantaged Business Utilization is expanding its ecosystem of underserved small businesses small businesses to include WOSB/EDWOSB, SDVOSB, HUBZone, and small disadvantaged small businesses. These three Tracks represent our plan and rationale for ensuring inclusion and a successful, enterprising ecosystem at the U.S. Department of Treasury that aligns the Department's requirements with the interests of businesses and economic growth:

Event One:

Leveraging Department of Treasury Economic Growth Programs to Stimulate Small Business Investment Companies (SBIC) and High Wage Jobs in Underserved and Under-resourced Communities

Synopsis: The Community Development Financial Institutions Fund (CDFI Fund) and New Markets program, play an important role in generating economic growth and opportunity in economically distressed communities. Learn how the Small Business Investment Companies (SBIC) program can complement CDFI and New Markets to accelerate wealth creation.

Panelists:

  • Jodie Harris, Director - U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund)
  • Michele Schimpp, Deputy Associate Administrator - Office of Investment and Innovation, U.S. Small Business Administration
  • Anita Davis, President & Chief Funding Matchmaker - Praxis
  • Moderator: Candace Waterman, President and CEO of Women Impacting Public Policy (WIPP)

Event Two:.

Title: Leveraging Federal Programs to Improve Access to Capital for Small Businesses to include 8(a)/SDB, WOSB/EDWOSB, HUBZone located in underserved and under-resourced areas

Synopsis: The Biden-Harris Administration recently took new steps to narrow the racial financial divide by focusing on two key wealth-creators: small business ownership and home ownership. Learn about the $31 billion in small business programs that will increase access to capital for small businesses and provide mentoring, networking, and other forms of technical assistance to socially and economically disadvantaged businesses seeking to access federal contracts and participate in federal research and development investments.

Panelists:

  • Joyce Christanio - Sr. Program Manager Supplier Diversity, Procurement Supply- T-Mobile
  • Michelle Faison-Oldham, National Director – Federal Civilian, T-Mobile for Government
  • Edward Spenceley, Senior Vice President & National Government Contracting Specialist for Global Banking and Markets - Bank of America
  • Chris Pilkerton, Chief Legal and Regulatory Strategy Officer - Accion Opportuity Fund
  • Moderator: Teresa Moon, Director of Business Development and Marketing – Parabilis

Event Three:

Title: Grow Your Business and Prepare for BIL Projects with SBA Contract Bonding Basics Synopsis: The U.S. Small Business Administration's Surety Bond Guarantee Program helps small and emerging businesses obtain bid, performance, and payment bonds when they lack the experience or financial resources to qualify through regular channels. SBA's bond guarantee on projects up to $10 million provides small and underserved businesses with increased contracting opportunities and helps maximize their bonding capacity. This session will explain contract bonds and why they are important to project owners, the qualification process, and how SBA can help small businesses obtain contract bonds or increase their current bonding capacity. Speaker: Tamara E. Murray, Underwriting Marketing Specialist, Office of Surety Guarantees - U.S. Small Business Administration

Closing Remarks by Melissa “Lisa” Jenkins, Stakeholder Engagement Program Manager/Women-Owned Small Business/Underserved & Under-resourced Communities – U.S. Department of the Treasury; and Torrance Chism, Director & Chief Learning Officer, Treasury Acquisition Institute, Internal Revenue Service, U.S. Department of the Treasury.