CapitalNOW
CraftNOW brings together a variety of capital sources in Philadelphia in this virtual series
Banner image courtesy of Nick Lenker
CDFIs and SBDCs
Wednesday, October 27, 2021 at 5:30pm (EDT)
Community Development Financial Institutions (CDFIs) and Small Business Development Centers (SBDCs) serve as strong allies to creative businesses looking to make big moves. As nonprofit investors focused on social impact, CDFIs offer creative businesses, especially veteran, women, and minority-owned, the patience and flexibility needed to get capital for increasingly complex projects. SBDCs can offer no-cost consulting services to help entrepreneurs with growth planning matters like legal formation, business plan writing, and loan preparation.
From hiring help to purchasing equipment to activating buildings, CDFIs like Bridgeway Capital in Pittsburgh and Community First Fund in Philadelphia support a wide range of creative businesses endeavors. A team of consultants like those at Temple University can help you with key areas that are essential in growing your company and establishing a good foundation for success. In this session of the CapitalNOW 2021 series, entrepreneurial craftspeople, designers, artists, and makers will learn how to engage with CDFIs and SBDCs to secure the investments needed to pursue opportunities or endure challenges.
Nathan McCann – Community First Fund
Erika Tapp Duran – Temple University Small Business Development Center
Katie Johnson – Creative Business Accelerator at Bridgeway Capital
Coming Up –
CapitalNOW has focused on capital readiness to provide creative entrepreneurs with a working understanding of three key forms of funding – grants, crowdfunding, and financing – and the business readiness required to secure the investments and put them to good use. The goal is for attendees to leave with a deeper understanding of the funding options available to them when the next opportunity or challenge presents itself.
Check back for future dates and presenters.
This program is being organized by CraftNOW and the Creative Business Accelerator, core partners of the new Keystone Alliance for Creative Economies and Entrepreneurship (KACEE).
Questions can be directed to leila.cartier@craftnowphila.org