April 18, 2024
Access to Capital Resources
Through the MBDA Capital Readiness Program grant funding the NMSDC MBE Center for Accelerated Growth Innovation and Resiliency will strive 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.
Through the MBDA Capital Readiness Program grant funding the NMSDC MBE Center for Accelerated Growth, Innovation and Resiliency will strive 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.
Enroll in the Capital Connections Accelerator Cohort 1
The in partnership with Founders First Capital Partners, Inc. is proud to present the Capital Connections Accelerator Cohort 1 which will provide MBEs with funding readiness education, funder matchmaking opportunities, and the opportunity to receive a $5,000 unrestricted grant to help grow their business.
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.
Capital Connections Webinars On-Demand
Access past webinars hosted by the NMSDC Center for Accelerated Growth, Innovation, and Resiliency in order to gain invaluable insights, strategies, and best practices tailored to propel your business forward.
