Diverse businesses often find it cost-prohibitive to meet requirements like cyber security, insurance, and bonding when bidding for corporate business. Too many otherwise-qualified diverse businesses are prevented from securing contract opportunities due to the high cost of compliance, creating a very real barrier to entry. JPMorgan Chase has partnered with LISC to manage the Diverse Supplier Grant Initiative aimed at providing diverse-owned businesses with the access to capital they need to secure corporate contracts. Our goal is to create an industry-wide solution that will remove common obstacles to doing business and contribute to building generational wealth in diverse communities nationwide. Learn about this innovative new program during our webcast.
Speakers:
Yvonne Durbin, Capital Lab Innovation Director at LISC. Connect with Yvonne on LinkedIn.
Douglas Roginson, Head of Supplier Relationship Management at JPMorgan Chase & Co. Connect with Douglas on LinkedIn.