The February 27, 2015 Peer Network Gathering began with a simple question: How important is access to capital for small businesses? As neighborhood business district leaders and small business owners introduced themselves, the response was clear that access to capital is one of, if not the, most important resources for small businesses to start and grow.
The City of Seattle’s Office of Economic Development’s (OED) convened neighborhood business district organizations and OED’s financing partners to share resources and build relationships. OED’s financing partners that attended were:
Community Capital Development,
- Grow America Fund,
- Mercy Corps NW and the
- Rainier Valley Community Development Fund.
Business District leaders representing 15 different neighborhoods were in attendance to discuss the unique benefits of each resource and how best to communicate or refer businesses to these resources. Lance Randall, Business Retention and Expansion Manager at OED, described the intent of the Grow Seattle partnership between the City and business organizations – to position the local organizations as “go to” experts for business technical assistance in the neighborhood. For more information on this program, please contact Lance Randall at firstname.lastname@example.org and 206.733.9743. [Read more…]