Dear Colleagues,
Thank you to those who attended and helped communicate about the workshop Strategies for Supplier Success in a Changing Economy.
The overarching message from the workshop was,
More is changing in the economy and funding for businesses than staying the same.
The panel financial was outstanding! Anita Darden Gardyne highlighted the persistence of Black women entrepreneurs with a challenging funding process. Her strategies to keep moving ahead were to get the resources that are free but in the early days higher risk resources may be necessary. Contact Anita for more specifics.
The financial industry professionals were very clear that change is coming their sector.
- Currently, Community Development Financial Institutions are helping businesses to get out of FinTech products
- Blockchain is a growing opportunity for funding
- The bankers agreed that their organizations will partner with Fintech in the future
- Use of funds and execution is important
- What is not changing is that cash is still king
Closing message is be ready for change. It is here and there will be more!
Please share this information with colleagues. Feel free to
send comments.
