Good Morning, I am J. Howard Henderson, President and CEO of the Greater Baltimore Urban League and I want to welcome you to the Greater Baltimore Urban League’s Business Summit.
One of the core tenet of the Urban League’s mission is economic development.
One may ask why we call this business summit, it is to reconnect the League with the business community and the business community to the League.
Therefore, providing another vehicle for advocating for the needs of this important sector within our State and connecting businesses to emerging opportunities.
Since the financial crisis began, small businesses have faced a perfect storm: the pulling back of lending by banks, deterioration in the value of real estate that you often relied on for collateral and weakened sales.
We are her today to provide you with some tools to help small businesses access capital, protect their investment, create jobs and support a durable economic recovery.
The Obama Administration has already taken several important steps to get credit flowing again to small businesses and to encourage job growth and these efforts have helped produce results.
But there is still a long way to go. That is why the Urban League is here today.
Small Businesses have always formed the backbone of the American economy.
Our cities and communities will not recover until our small businesses recover. In communities across the State, You are the engines of job growth and you will lead the way to the industries of the future.
While we have made progress stabilizing the financial system, we need to do more to help small businesses get the credit they need to grow and to hire.
We will discuss today:
How to Market your business, how to protect your investment, how to utilize new technology platforms and how to get small businesses more access to the credit they need to grow and thrive.
Please enjoy today and we look forward to your feedback.