Minority- and women-owned businesses looking for capital can learn more about the state’s TNInvestco program at a seminar in Nashville on Monday. The Tennessee Department of Economic and Community Development will host a seminar and networking reception at 6 p.m. at the Entrepreneur Center.
A panel of venture capitalists will discuss the program, which was created in 2009 by the General Assembly. Its purpose is to provide increased capital to early-stage companies.
Seating is limited. RSVP to firstname.lastname@example.org.
Financing is tight these days, but the Tennessee Rural Opportunity Fund is finding a way to get money into the hands of small businesses.
The fund — a public-private partnership — recently received the 2010 National Community Reinvestment Award from the Federal Financial Institutions Examination Council.
The partnership includes the state of Tennessee, members of the Tennessee Bankers Association and Southeast Community Capital Corp., a Nashville based lender.
Since its start in 2007, 44 small, minority- and women-owned businesses have received more than $9 million through the fund.