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DLBA to provide free workshops to help small businesses find financing

January 11th, 2013 · No Comments · Community

The Downtown Long Beach Associates (DLBA) will host three free informational workshops that are designed to connect small businesses to available financing on Thursday, Jan. 17. A panel of experts from the Valley Economic Development Corporation (VEDC) and Citi Community Development (CCD) will be present to discuss and explain the various financing options and the respective application processes.
The workshops are the latest component of the Capital Connections program, which the DLBA recently launched in partnership with the California Downtown Association (CDA) and CCD. Designed to target businesses in Downtown Long Beach with gross revenues of $1 million or less, the initiative aims to provide access to critical financial opportunities traditionally unavailable to small businesses by connecting them to Community Development Financial Institutions (CDFIs), such as VEDC.
“We’ve developed these workshops as a resource to help promote detailed information that small businesses can use to succeed,” said DLBA President and CEO Kraig Kojian. “Small businesses are a key economic driver and the backbone of our Downtown, and the DLBA is always identifying ways to extend new programs and opportunities, such as our Capital Connections workshops, that are designed to help businesses grow.”
The workshops will be offered at the Small Business Development Center, 309 Pine Ave., as follows:
Session 1: 9am to 10:30am
Session 2: 10:45am to 12:15pm
Session 3: 2pm to 3:30pm

Two-hour free parking is available at the CityPlace parking structure, located at 151 East 5th Street.
Small businesses are welcome to attend any of the 90-minute workshops. Attendees should RSVP to Tyler Kim via tylerk@dlba.org or (562) 436-4259.
For more information about the DLBA and its businesses assistance programs, call (562) 436-4259 or visit downtownlongbeach.org .

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