The Cambridge-Somerville Black Business Network (CSBBN) hosted a free workshop to help local businesses – especially those owned by people of color – learn about and build relationships with three locally-based community banks. National evidence in the wake of the Payroll Protection Program (PPP) indicated that Black and other minority-owned businesses were far less likely to have successful applications for this crucial support, in part because of a history of discrimination from banks of all types. Topics covered during the session included building and nurturing banking relationships, managing cash flow and credit, and financial aspects of running a business. The workshop was sponsored by the Sustainable Business Network of Massachusetts and Cambridge Local First, both members of AMIBA.
- Local Leaders Roundtable: Nuts & Bolts 6/10/21 April 10, 2021
- Local Leaders Roundtable: What’s New at AMIBA April 10, 2021
- Recap: Local Leaders Roundtable Tours New Online Resources April 8, 2021