Access to Capital Regional Summit
Capital is critical for entrepreneurs as they grow their businesses. A regionally healthy small businesses community is essential for sustainable economic development and neighborhood revitalization. Entrepreneurs need access to capital, networks and guidance as they grow.
Access to smart capital can help attract and create businesses, expand existing businesses, and offset contracting businesses in other areas of the economy. Frequently, worthwhile projects with great economic potential go unfunded due to the inability to access needed capital. Impacts to businesses caused by the COVID-19 pandemic highlighted weaknesses in our area’s access to capital.
To address this issue, the Florida Small Business Development Center at Indian River State College, the Treasure Coast Regional Planning Council, and the Economic Development Center of St. Lucie County have come together to begin discussing the creation of public-private partnerships to build permanent capital access tools in our communities.