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Growth Capital for Inner City Businesses

Tuesday, June 23, 2009
Posted by Darrin Redus

For those entrepreneurs and businesses in the community in search of growth capital, and happen to be physically located in what are commonly referred to as the region’s “inner city” neighborhoods, please be aware of an exciting opportunity to learn more about available capital resources specifically for inner city businesses.

One of JumpStart’s national partners, The Initiative For A Competitive Inner City (ICIC), is putting on its annual Inner City Capital Connections Conference (ICCC) which is a national program designed to stimulate equity capital flow to underserved inner city markets by matching inner city businesses with investors. The conference will take place this year in New York City on November 18th and 19th, and provides select entrepreneurs with the opportunity to present directly to a group of private equity funds keenly interested in supporting high growth inner city firms. Entrepreneurs will also learn about national efforts underway to direct additional capital to inner city businesses, and how to best prepare your business for consideration. 

In addition to the Capital Connections Conference, ICIC is also sponsoring a monthly ICIC CEO Series that features some of the world's most influential practitioners sharing their successful, innovative business strategies. The series is presented via conference call, and has the following lineup over the next few months:

  • July 22, 2009 -- Protecting Assets and Clarifying Transactions
  • September 16, 2009 -- How to Use Private Equity to Achieve Your Goals?
  • October 7, 2009 -- Creating a Finance Plan for the 21st Century

To learn more about the Inner City Capital Connections Conference and the CEO Series, please visit the ICIC website, or contact Hyacinth Vassell at hvassell@icic.org or 617.297.3120.

Darrin is Chief Economic Inclusion Officer of JumpStart and President of JumpStart Inclusion Advisors. He founded and ran his own strategic planning and management assistance firm and spent 16 years in the commercial banking and finance industry. Darrin has an MBA from Baldwin Wallace College and an undergraduate degree from Mount Union College. He has led a series of workshops and seminars on matters of economic development and diversity.

Tags: capitalICICinner cityinvestment capitalinvestorprivate equityraising capitalventure capital

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