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

04.16.2020
3:30 pm - 5:00 pm

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. 

Event Speakers

Bruce Katz

Nowak Metro Finance Lab

Event Moderators

Rachel Reilly

Economic Innovation Group

Catherine Lyons

Economic Innovation Group

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