Bank and CDFI Small Business Finance Training and Opportunity Finance Network Regional Meeting

You are invited to participate in a “Bank and CDFI Small Business Finance Training,” scheduled for Wednesday, February 9, 2011 and sponsored by the Federal Reserve Bank of Chicago, Federal Reserve Board of Governors, Opportunity Finance Network and National Community Investment Fund (NCIF).

The purpose of this session is to provide up-to-date information and details on the Small Business Administration’s (SBA) Small Loan and Community Advantage Programs and the U.S. Treasury Department’s implementation of the Small Business Jobs Act, including:

  • $30 Billion Small Business Lending Fund for Banks
  • $300 million Small Business Lending Facility for Community Development Loan Funds
  • $2-3 Billion Federally Guaranteed CDFI Bond Program
  • $1.5 Billion State Small Business Credit Initiative (SSBCI)
  • Enhancements to SBA programs

While there is no charge for this event, seating is limited and will be made available on a first-come, first-served basis.

You are also invited to attend the Opportunity Finance Network Midwest Regional Meeting on February 10. The meeting will be held at the Federal Reserve Bank from 9:30am to 4:00pm. The OFN Midwest Regional Meeting agenda includes opportunities to learn about the work of CDFIs throughout the Midwest, an opportunity finance industry update from OFN President and CEO Mark Pinsky, a discussion of bank regulation and how it impacts CDFIs, and federal and state policy issues related to CDFIs.

Back To Top
02/09/11
8:45 AM
Welcome
Daniel Sullivan, Federal Reserve Bank of Chicago
Cathy Dolan, Opportunity Finance Network
9:00 AM
Addressing the Financing Needs of Small Businesses: An Overview
Jeremiah Boyle, Federal Reserve Bank of Chicago
10:00 AM
Break
10:15 AM
Bank-CDFI Relationships

Current Bank-CDFI Relationships

The Future of Bank-CDFI Relationships

Moderator
Calvin Holmes, Chicago Community Loan Fund
Panelists
Wendy Baumann, Wisconsin's Business Women's Initiative Corporation
Joe Neri, IFF
Saurabh Narain, National Community Investment Fund
11:15 AM
Overview of the Small Business Jobs Act and the SBA Small Loan and Community Advantage Programs

$30 Billion Small Business Lending Fund for Banks

Small Business Lending Facility for Community Development Loan Funds (up to $300 million)

$2-3 Billion CDFI Bond Guarantee Program

$1.5 Billion State Small Business Credit Initiative (SSBCI)

SBA Enhancements Under Small Business Jobs Act

SBA Small Loan and Community Advantage Programs

Moderator
Jeremiah Boyle, Federal Reserve Bank of Chicago
Presenters
Jason Tepperman, US Department of the Treasury
Jim Hammersley, US Small Business Administration
12:30 PM
Lunch
1:30 PM
Breakout Sessions

Non-CDFI Banks

Small Business Lending Fund

SBA Enhancements

State Small Business Credit Initiative

Opportunities for Collaborating with CDFIs

Moderator
Kyan Bishop, Federal Reserve Board of Governors
Presenters
Jason Tepperman, US Department of the Treasury
Robert Esquivel, US Small Business Administration
1:30 PM

CDFIs

Small Business Lending Facility for Community Development Loan Funds

CDFI Bond Guarantee

SBA Community Advantage

State Small Business Credit Initiative

Opportunities for Collaborating with Non-CDFI Banks

Moderator
Donna Fabiani, Opportunity Finance Network
Presenters
Clifton Kellogg, US Department of the Treasury
Jim Hammersley, US Small Business Administration
Cathy Dolan, Opportunity Finance Network
Carol Maria, Wisconsin Business Development
3:30 PM
Break
3:45 PM
Wrap Up: Opportunities for CDFI and Bank Collaborations
Kyan Bishop, Federal Reserve Board of Governors
Donna Fabiani, Opportunity Finance Network
4:30 PM
Adjourn

Optional Meeting

Round Table Discussion: SBA Community Advantage Program

We invite you to attend a round table discussion with Steve Smits, Associate Administrator of Capital Access, for those attendees that are interested in the Community Advantage program.

02/10/11
9:00 AM
Coffee and Pastries
9:30 AM
Welcome and Introductions
Jeremiah Boyle, Federal Reserve Bank of Chicago
9:45 AM
News from Participants
Donna Fabiani, Opportunity Finance Network
10:30 AM
Break
10:45 AM
News from Participants (continued)
11:30 AM
OFN Report to the Membership
Mark Pinsky, Opportunity Finance Network
12:15 PM
Lunch and the Midwest Economy
William Testa, Federal Reserve Bank of Chicago
1:15 PM
Troubled Banks: Inside the FDIC
Moderator
Carl Jenkins, Harris Bank
2:30 PM
Break
2:45 PM
Policy: Changes and Trends
Jose Cerda, IFF
4:00 PM
Wrap up and Adjourn
4:00 PM
Last Updated: 2/23/2011

Back To Top