Conference provides MWBEs information and resources to acquire capital to start, grow or expand their small business
Virginia Beach, VA (PRWEB) March 20, 2005 -- Minority and women business owners seeking information about where to find capital to start, grow or expand their small business will find the tools and resources they need during the 2005 Minority Business Enterprise Capital Call. Presented by Virginia Housing and Community Development Corporation (VHCDC), the event will be held June 5-7 at the Holiday Inn Virginia Beach Executive Center, 5655 Greenwich Road, in Virginia Beach.
The 2005 MBE Capital Call will introduce Minority and Women-owned Business Enterprises (MWBEs) to myriad resources for capital and credit and expose private and public entities to business opportunities with MWBEs. The event is a call to MWBEs to avail themselves of the knowledge of varied financial products and services, capital and credit markets, and resources to achieve wealth through business creation and expansion.
According to James R. Taylor, Director, Virginia Housing and Community Development Corporation, the Capital Call is a timely initiative for what I believe will be a very challenging environment for small business and community development in the not-so-distant future. Its clear to me the time is ripe for innovative measures to assist those who will be most affected by government spending cuts and redirected federal resources.”
The Capital Call will feature 23 seminars, lead by notable experts in their fields, as well as a series of in-depth panel discussions on a variety of small business financial topics, including accessing business capital and credit. Experts from the U.S. Minority Business Development Agency and the U.S. Small Business Administration, along with representatives of leading business law firms, venture capital firms, community banks, and successful small businesses will share their wisdom, experience, and advice.
It is important they [minority and women-owned businesses] not only understand how our financial, capital, and credit markets work and what resources and tools are out there, but how to employ those resources and tools effectively to achieve their business, community, and personal goals,” said Taylor. Access to capital and credit has been a significant problem for minority and women-owned businesses. There are perhaps several reasons. However, with literally billions of dollars of private equity and other forms of capital and credit available, the MBE Capital Call will deliver the knowledge resources necessary to enable more of those dollars to flow to Minority- and Women-owned Business Enterprises.”
For more information about the 2005 MBE Capital Call or to register, visit www.mbecapitalcall.com. Early registration deadline for the event is Thursday, March 31, 2005.
About VHCDC
Virginia Housing and Community Development Corporation (VHCDC) is a private, non-profit community development corporation principally serving disadvantaged, low-income communities in the cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, and Virginia Beach, Virginia. VHCDC is a 501(c)3, charitable Corporation, focused on innovative, community-based initiatives that advance the success and growth of disadvantaged micro and small business enterprises, stimulate job creation, and rebuild and revitalize distressed communities. For more information, visit VHCDC online at: www.vhcdc.org
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