In response to an outcry in recent years from minority business owners for improved access and greater diversity of resources for capital and credit, MBE Capital Connect has responded with an online platform that connects entrepreneurs and capital.
The online application was specifically designed to aide Accredited Investors (angel investors, venture capital firms, banks, credit unions, insurance companies, etc.), Community Development Financial Institutions (CDFIs), and SBA Certified Community Development Corporations (CDCs) to source funding requests and investment opportunities with qualified minority-owned, women-owned, and veteran-owned businesses operating within their markets.
They screen each business profile for several matching criteria, such as the type of capital/credit desired, the amount of funding needed, the location of the business, the funding stage of the business, and the business' industry, among other criteria.
This is a tremendous leap forward for entrepreneurs, as the application allows small business owners to create one business profile that is used to source multiple forms of capital and credit. Supporting documents, such as the resumes of the management team, photos, company logo, equipment lists, property descriptions, and other documents, can be uploaded and stored for retrieval and use by prospective lenders and investors.
For more details, visit:
www.mbecapitalconnect.com
Thanks, this is great information.
ReplyDelete