The Federal Reserve Bank of New York, AARP, and Reimagine Main Street held a virtual event, “Finance & Equity: Insights from PPP on How Technology Might Better Serve Business Owners of Color,” exploring how technology can improve small-business credit access for businesses owned by people of color.
The event built on a recent analysis by the Federal Reserve Bank of New York, which found that, although technology-enabled lenders represented a relatively small share of all PPP loans, these lenders played a critical role in serving business owners of color and businesses that needed relatively small loans.
Speakers included:
- Isabella Casillas Guzman, U.S. Small Business Administrator
- Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer, AARP
- Grady B. Hedgespeth, Assistant Director, Small Business Lending Markets, Consumer Financial Protection Bureau
- David Clunie, Executive Director, Black Economic Alliance
- Claire Kramer Mills and Jessica Battisto of the Federal Reserve Bank of New York
Event Details
Date & Time
July 22, 2021
12:00 pm EDT – 1:30am EDT
July 22, 2021
12:00 pm EDT – 1:30am EDT
Audience
The event was open to the public and the media. The event was recorded.
Resources
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