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Seminar Invitation for Local Entrepreneurs and Small Business Owners

Local entrepreneurs and small business owners are warmly invited to participate in an insightful seminar that aims to equip them with essential knowledge regarding various financing options and the vital tools necessary to foster the growth of their businesses. This event is an exceptional opportunity for individuals looking to expand their understanding of financial resources available to them.

Event Details

The seminar, entitled “Finding Funding: SBA Loans vs. Investors,” is scheduled to take place on October 16 from 11:30 a.m. to 1 p.m. at the Owensboro Community and Technical College – Downtown Campus, located at 1501 Frederica Street. This significant event is proudly presented by the Greater Owensboro Economic Development Corporation (GOEDC) in collaboration with the Kentucky Small Business Development Center (SBDC), both of which are dedicated to supporting local businesses.

Expert Presentations

During this seminar, participants will hear from a lineup of industry experts.

• Kurt Hummel, Vice President of Government Guaranteed Lending at South Central Bank, will delve into the advantages of SBA loans, shedding light on how they can provide substantial financial assistance tailored specifically for small businesses.

• Blake Edge, Director of Community and Economic Development for the Green River Area Development District, will introduce attendees to the GRADD Revolving Loan Fund. He will elucidate its unique benefits and how it can serve business owners effectively.

• Robert Lamothe, President of Commonwealth Seed Capital — an independent fund focused on investing in early-stage Kentucky businesses — will simplify the fundamentals of engaging with investors. He will share insights on what investors typically seek and offer guidance on how to approach them effectively.

• Additionally, Jamie Johnson, Vice President of Workforce Development, Small Business, and Entrepreneurship at GOEDC, will provide important information regarding local incentive programs. She will highlight how businesses can leverage these resources to facilitate their growth and expansion.

Commitment to Empowering Entrepreneurs

“As a community, we are committed to providing the tools and resources small businesses need to succeed,” stated Claude Bacon, President of GOEDC. “This event is about empowering entrepreneurs with the knowledge to make informed decisions about funding, whether through loans or investors.” It’s crucial for business owners to understand their financing options to take actionable steps toward growth.

How AI legalese decoder Can Assist

Furthermore, small business owners can benefit from tools such as the AI legalese decoder, which can help them navigate complex legal jargon associated with loan agreements and investment negotiations. This AI-powered tool breaks down legal language into clear, understandable terms, ensuring entrepreneurs grasp the implications of agreements and understand their rights and obligations. By utilizing such resources, business owners can make more informed decisions and avoid potential pitfalls in their financing endeavors.

Registration Information

This event is free and open to the public, although seating is limited to ensure an intimate learning experience. For more information about the seminar and to secure your spot, please visit edc.owensboro.com/funding/. Don’t miss this opportunity to enhance your financial acumen and empower your business for future success!

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