Fed Hosting Small Business Financing Forum

The Federal Reserve, in an effort to aid ailing small businesses who have had trouble garnering loans or assistance from both public and private sources, will be hosting an event to consider strategies to improve access to credit for domestic companies.

"The forum serves as a capstone for a series of more than 40 regional meetings that were hosted by the Federal Reserve this year," said the Fed in a recent statement. "Chairman Ben S. Bernanke and Governor Elizabeth A. Duke will deliver remarks. Leaders from small businesses, trade groups, financial institutions, and other federal agencies will also participate in the conference."

The event begins at 10 a.m. with the Fed chairman and will include sessions on the national economic outlook, private sector financing, public/nonprofit sector financing and the importance of research and data in understanding small business issues. Representatives from the U.S. Small Business Administration, National Federation of Independent Business Research Foundation, several regional Federal Reserve Bank branches, the National Small Business Association and the U.S. Hispanic Chamber of Commerce will be among those participating in panels throughout the daylong forum.

Organizations interested in attending the conference should call Joe Pavel in the Board's Public Affairs Office at (202) 452-2955 to register.

For a full agenda, click here.

Brian Shappell, NACM staff writer

No comments:

Post a Comment