October 15, 2024
Access to Capital
The NMSDC strives to bridge the gap between capital connections and underserved MBE’s by providing the access to networks and tools needed to drive economic equity and build generational wealth.
Connecting You to Capital Resources
Access to capital is crucial for the formation and growth of small businesses, serving as the lifeblood that fuels their success. Unfortunately, minority-owned business enterprises (MBEs) often face challenges in obtaining the necessary capital to thrive.
The relationship between access to capital and access to contracts is symbiotic for MBEs. Both are essential for their survival and growth. However, these vital resources do not always come at the same time. MBEs frequently struggle to secure the funding they need, both during the startup phase and in the years that follow.
It is imperative that we address the disparities in access to capital faced by MBEs to ensure their success in the competitive business landscape. By providing support and resources to help MBEs overcome these challenges, we can foster a more inclusive and thriving business environment for all entrepreneurs.
That is why NMSDC has developed access to capital resources to help bridge this gap and support the success of MBEs.
Enroll in the NMSDC Capital Readiness Program
Powered by the MBDA, this program is offered through the NMSDC Center for Accelerated Growth, Innovation, and Resiliency. It aims to bridge the gap between MBEs and essential resources, ensuring sustainable growth. Participants will have access to capital readiness content, funding resources, on-demand webinars, and self-paced programs focused on scaling, government contracting, and financial preparedness for MBEs.
Capital Managers Database
At NMSDC, we understand the challenges entrepreneurs from underrepresented communities face in accessing the necessary funding to start, grow, and sustain their businesses. To help address these challenges, NMSDC has launched the Capital Manager’s Program, the most comprehensive database of capital firms with an ethnic minority founder and/or a focus on the minority business ecosystem.
