September 26, 2012
Washington, DC - The Community Development Financial Institutions Fund (CDFI
Fund) is pleased to invite Community Development Financial Institutions (CDFIs)
to apply to participate in the Capacity Building Initiative training series Innovations
in Small Business Lending. CDFIs that are currently engaged in providing loans to
small and medium-sized enterprises will be able to attend free trainings that are
designed to support their continued growth and expanded capabilities. The series
will be provided by Deloitte Financial Advisory Services LLP (Deloitte).
“The Innovations in Small Business Lending series will expand the Capacity
Building Initiative’s efforts to provide cutting edge training, technical assistance,
and impact analysis to CDFIs that work to support small and medium enterprises in
underserved communities throughout the United States,” said CDFI Fund Director Donna
J. Gambrell. “I’m pleased to be able to announce the very first training available
under this series, which will help CDFIs enhance and expand business lending, ultimately
putting more Americans back to work.”
From November 2012–May 2013, the Innovations in Small Business Lending series
will offer five two-day training sessions in locations across the continental United
States. The first training will be held at the Minneapolis Federal Reserve on November
13 and 14, 2012. Additional training dates and cities will be announced as they
are finalized on the CDFI Fund’s
website.
The training has been developed around three small business lending themes that
will allow CDFIs to:
- focus on market “waves” that demonstrate potentially high profit and mission impact;
- analyze multiple national and local trends; and
- efficiently filter opportunities to identify the best to pursue and how to do so.
At these sessions, Deloitte’s experienced instructors will conduct in-depth training
focused on identifying strategic market trends, assessing selected small business
opportunities, evaluating potential economic and social impact, and performing preliminary
financial calculations. In addition, six in-depth market opportunity areas will
be examined, and numerous innovations and potential deals in those markets will
be covered.
The workshops are free; however, advance registration, including a capacity assessment
questionnaire, is required. For more information about the training sessions and
how to apply, please click here
Apply now as space will be limited!
For more information about the Innovations in Small Business Lending series, or
other trainings available under the Capacity Building Initiative, please visit www.cdfifund.gov/cbi.
About the CDFI Fund
The CDFI Fund invests in and builds the capacity of community-based, private, for-profit
and non-profit financial institutions with a primary mission of community development
in economically distressed communities. These institutions – certified by the CDFI
Fund as Community Development Financial Institutions or CDFIs – are able to respond
to gaps in local markets that traditional financial institutions are not adequately
serving. CDFIs provide critically needed capital, credit and other financial products
in addition to technical assistance to community residents and businesses, service
providers, and developers working to meet community needs. The CDFI Fund's vision
is an America in which all people have adequate access to affordable capital, credit
and financial services.
About Deloitte
Deloitte Financial Advisory Services LLC is a global organization devoted to excellence
in providing professional services and advice. With access to the deep intellectual
capital of more than 160,000 people worldwide, its member firms deliver services
in areas of consulting, assurance & enterprise risk, tax, and financial advisory
services. Deloitte brings strong industry experience in financial transaction work
– restructuring impaired assets, and developing business models that can attract
new capital, and providing technical assistance to troubled institutions. To find out more, please visit
http://www.deloitte.com/view/en_US/us/Services/Financial-Advisory-Services/index.htm.
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