OZ Webinar Series: Capital strategies for fortifying local economies during the crisis and recovery

This is a past event. View a recording of the webinar, slides from the presentation, and EIG’s key takeaways for more information.

Join the Economic Innovation Group and guest speaker Bruce Katz, Director of the Nowak Metro Finance Lab at Drexel University, for a discussion on community capital strategies during the economic crisis and recovery.  

Since mid-March, local governments and nonprofits have responded swiftly to support small businesses impacted by COVID-19 by standing up emergency grant and loan funds. Half of all small businesses do not have the cash reserves needed to cover more than 15 days of operations, making this funding a critical bridge to federal assistance. Many of the same groups charged with implementing local Opportunity Zones strategies are now leading or supporting these rapid-response relief efforts. The tactics used to attract private investment in Opportunity Zones have provided a roadmap for all communities in economic distress to follow as we look toward recovery. 

During this webinar we will discuss: 

• Efforts by the Federal Government to provide relief, including an overview of key initiatives like the Paycheck Protection Program and insights on future activity
• Early observations of local emergency funds, including the various structures and key partners
• Strategies for increasing private investment in communities facing economic distress based on trends and pilot programs in Opportunity Zones.

Register here

Join us Thursday, April 16, 2020 from 3:30 – 5:00 pm ET.