FDIC and OCC are collaborating to host a meeting in Illinois that aims to boost capital access for smaller enterprises. The meeting will showcase effective applications that help beneath resourced entrepreneurs and highlight the optimistic influence of these initiatives. Participants will also find out techniques to overcome challenges in reaching this industry. The occasion will emphasize the positive aspects for economic institutions, like prospective Neighborhood Reinvestment Act (CRA) consideration. Representatives from the Illinois government, nearby government, and a Neighborhood Improvement Economic Institution (CDFI) will share insights on the State Smaller Small business Credit Initiative (SSBCI) and other possibilities for financing smaller enterprises collaboratively.

The presenters for the meeting include things like Jo Ann Di Maggio May possibly, Director of IL Metro East Smaller Small business Improvement Center at Southern Illinois University (SIU) Edwardsville and East St. Louis Center, Steve Kuehl, Neighborhood Affairs Officer at OCC, and Glenn Brewer, Neighborhood Affairs Specialist at FDIC.

The meeting will take spot on Wednesday, October 18, 2023, from 9:30 AM to 12:00 PM CT at Southern Illinois University Edwardsville – East St. Louis Center. The address is 601 James R Thompson Blvd. Developing A, East St Louis, Illinois. Interested attendees, like economic institutions, nearby government, foundations, and neighborhood-primarily based organizations, are encouraged to register for the occasion on the net.

For any inquiries about the meeting, please make contact with Glenn Brewer at gbrewer@fdic.gov.

Further sources connected to smaller organization improvement and capital access will be out there.