American Entrepreneurship Today, March 31, 2022, Black and Brown Female Entrepreneurs, Allies Call for Change at Annual Summit
The 4th Annual Women of Color Connecting Virtual Summit (WOCCON 2022), hosted by the Institute For Entrepreneurial Leadership (IFEL) recently, issued a strong call-to-action. “Listen, learn, engage, then act,” stated IFEL CEO Jill Johnson, referring to the purpose-driven action needed to change the barriers faced by women of color entrepreneurs, of which capital constraint remains a defining problem
Eleni Janis, Managing Partner and Chief Investment Officer, Equivico by NCRC, attacks the systemic problem of capital access by working with lenders and identifying those who want to lend to women of color, small businesses and other disadvantaged groups. Through the firm’s Impact Investment Fund, capital is proactively moved to lenders, who in turn earmark the funds for small business loans. “The Impact Investment Fund is a unique solution which works with lenders and does not compete against them,” stated Janis.