Impact Capital Forum is pleased to host an online discussion about how leaders in the impact investing community are adjusting their programs to serve NYC due to the pandemic's impact. It takes place Wed, April 29, 3-4 pm EDT.
As the ravages of the novel COVID-19 pandemic continues to sweep across the globe, New York State has become its epicenter, accounting for 30% of the 895,766 cases recorded nationwide. The cost on lives and livelihoods is incalculable, particularly amongst poor and vulnerable groups. One of the best kept secrets of the impact investing community – community development financial institutions (CDFIs) and local lenders – have stepped forward, offering tailored financial and in-kind support to steer the city’s beleaguered small businesses through the crisis. Join us for a conversation on these critical response measures.
The panel will provide perspectives from both CDFIs/lenders and businesses on the following issues:
Top challenges facing poor communities and businesses alike with the crisis
Who, what & how about CDFIs and how they are critical in this environment
Overview of the alphabet soup of government programs (eg. PPP, EIDL, etc)
Challenges of businesses in accessing these programs
The medium term to long term outlook
Cathi Kim, Director of Inclusiv/ Capital. Inclusiv is a national CDFI intermediary that helps low-income and underserved communities achieve financial independence through community development credit unions. Inclusiv provides capital, advocacy, capacity building resources, and innovative products and services to CDCUs. Cathi manages Inclusiv/ Capital, which has invested nearly $180 million with partners across industries - philanthropy, religious, public and private sector, and SRI. Inclusiv members hold over $112 billion in community-controlled assets.
ICF Members can pre-register at no cost. Non-Members may participate for a $15 registration. Membership is available at levels for $25, $50 and $95, learn more. Login instructions for this Zoom videoconference will be emailed after your registration is completed.
Impact Capital Forum is a 501(c)(3) nonprofit organization. New York, N.Y.