The FDIC and OCC jointly host events in Illinois to encourage smaller small business development and enhance access to capital

The FDIC and OCC are collaborating to host a meeting in Illinois aimed at rising access to capital for smaller organizations. The meeting will present effective applications that help entrepreneurs with sources and highlight the optimistic influence of these initiatives. Participants will also discover tactics for overcoming challenges in reaching this market place. The occasion will highlight the rewards for monetary institutions, which includes consideration of the possible Neighborhood Reinvestment Act (CRA). Representatives from Illinois government, neighborhood government and Neighborhood Improvement Monetary Institutions (CDFIs) will share insights on the State Tiny Business enterprise Credit Initiative (SSBCI) and other smaller small business financing possibilities.

Presenters at the meeting are Jo Ann Di Maggio Mai, director of the IL Metro East Tiny Business enterprise Improvement Center at Southern Illinois University (SIU) Edwardsville and East St. Louis Center, Steve Kuehl, Neighborhood Affairs Officer at the OCC, and Glenn Brewer, Neighborhood Affairs Specialist at the FDIC.

The meeting will be held 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 participants, which includes monetary institutions, neighborhood government, foundations and neighborhood organizations, are encouraged to register for the occasion on the net.

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

Extra sources associated to smaller small business improvement and access to capital will be out there.