Capital Growth Session III: Understanding Series Funding
February 5 @ 10:00 am - 11:30 am CST
Capital access and growth are long-standing pain points of minority-owned businesses across the nation and in the Greater New Orleans (GNO) region. Minority-owned businesses, consequentially, have been disproportionately affected during the current economic downturn. As such, Greater New Orleans, Inc. (GNO, Inc.) and the Urban League of Louisiana (ULLA) are hosting a series of virtual discussions to dissect opportunities for minority-owned small businesses to increase their ability to access capital and to create viable, sustainable ventures that create generational wealth.
For high growth ventures to successfully launch and scale, oftentimes, results lie in the ability of these firms to engage in multiple efforts to raise capital through rounds of external funding. However, many minority entrepreneurs of color are not aware of how series funding works and how it can becomes a potential funding source for their businesses. For those that are aware, lack of education, fear of the unknown, and being equity averse to external partners makes even exploring series funding a challenge.
During this webinar, small businesses will gain insights from equity investment firms on the types of businesses they seek for investment, the funding process, and the expected outcomes. This session will serve to dispel the many myths that exist around series funding and provide guidance on the feasibility of this funding mechanism for your venture.
There is no cost to attend this session, but registration is required, so register today!