Financial Industry Targets Minority Business Enterprises

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Industry experts convene to assault barriers preventing Minority and Women-owned Business Enterprises from accessing capital and credit.

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Dozens of business financial experts are preparing an all-out assault on the age-old problem facing most minority and women business owners - accessing capital and credit. Facilitated by Virginia Housing and Community Development Corporation (VHCDC), an armada of financial professionals will convene during the 2005 MBE Capital Call Conference, Exhibition, and Venture Forum in Virginia Beach, VA June 5-7, 2005 to instruct minority and female business owners how to access and use the industry's wide assortment of financial tools to start, grow, and expand their small business enterprise, invest, and build wealth.

Leading the assault are: Munson Steed, Publisher and Editor in Chief - Rolling Out Urban/Style Weekly; Robert L. Greene, President - National Association of Investment Companies; Anita Cooke-Wells, Chief - Office of Small Business Development, U.S. Minority Business Development Agency; Stephanie A Watkins, Regional Administrator - U.S. Small Business Administration; and Tammy Camper, CEO -

Arming entrepreneurs, and non-profit technical service providers, with a battery of business financial tools, knowledge, resources, recommendations, and solutions are Envest Ventures, Internal Revenue Service, Investors' Circle, Kaufman & Canoles, Lenard Myers & Associates, Merrill Lynch, National Center for Neighborhood Enterprise, Paradigm Financial Group, PayChex, SJF Ventures, Williams-Mullen, and Zoe Enterprises.

Discussing their business financing strategies, experiences, and successes are Keith Basil, President/CEO - Harthom Business Internet Group, LyTania D Reese, President/CEO - Designer Jewelry by Lytania, and Mark Wilson, President/CEO - Ryla Teleservices.

The 2005 MBE Capital Call gives entrepreneurs, non-profit administrators, and technical assistance providers from across the nation the opportunity to learn from and connect with investors, lenders, factors, private equity firms, grant resources, financial experts, and others in the financial industry through face-to-face networking, vendor exhibits, comprehensive work-sessions, an MBE Venture Forum, and interactive panel discussions focusing on recommendations and solutions for accessing business financing, capital, and credit. The MBE Capital Call is open to African-American, Hispanic/Latino, and other minorities in virtually every industry, irregardless of business revenues. Non-profit administrators and technical assistance providers (accountants, financial advisors, consultants, and counselors) are encouraged to attend.

For registration, accommodations, or to learn more about the 2005 MBE Capital Call, please visit

About VHCDC:

Virginia Housing and Community Development Corporation is a non-profit, tax-exempt community development and housing organization focused on revitalizing low-income, distressed communities into vibrant places to live, do business, and work. VHCDC extends technical assistance, equity-grants, and training to disadvantaged, minority- and women-owned small business enterprises and assists residents of its target communities with accessing affordable housing and improving landlord-tenant relations. For more about VHCDC, visit: or call: 757-671-8333.

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