News Column

VEDC and UBS Elevating Entrepreneurs to Host Access to Capital Event for Small Business Owners

August 14, 2014

U.S. Small Business Administration Midwest Regional Director Marianne Markowitz to Attend as Guest Speaker along with VEDC President Roberto Barragan and UBS Senior Executive

What: VEDC, a leading non-profit lender to small businesses, in partnership with the UBS Elevating Entrepreneurs initiative, is hosting anaccess to capital event, Ascent: Capital & Connections, for small business owners on Tuesday, August 19, 2014.

In 2013, VEDC partnered with UBS to create the Chicagoland Business Opportunity Fund (CBOF), providing loans of $50,000 to $250,000 to qualified small businesses in the Chicago area. The effort is a component of UBSís Elevating Entrepreneurs initiative, one of the firmís flagship philanthropic initiatives focused on providing small businesses with mentorship, access to capital and education.

CBOF is making available loans to businesses that do not qualify for traditional small business bank loans, which is aligned with VEDCís mission to help create jobs and promote economic development, with an emphasis on women- and minority-owned businesses and businesses located in low- to moderate-income communities.

Event registration is free, and is targeted to existing businesses with annual revenues of at least $500,000. To attend, business owners must register at


Tuesday, August 19, 2014
8:30 a.m. to 12:00 noon


One North Wacker Drive, 2nd Floor
Michigan II Room
Chicago, IL

Event highlights include:

  • Breakfast networking with attendees and speakers
  • Remarks by:
  • Marianne Markowitz, Midwest Regional Director, U.S. Small Business Administration
  • Dennis Drescher, Managing Director, Midwest Regional Director, Wealth Management Americas, UBS
  • Roberto Barragan, President, VEDC
  • Lynn Fernandez, Vice President of Lending, VEDC
  • Rapid Response Loan Pavilionfor one-on-one meetings with CBOF Loan Officers
  • Workshop on step-by-step loan application preparation with VEDC
  • Alternative Financing Panel discussion with Accion Chicago, Global Asset Connection, Gibraltar Capital Advance, Hyde Park Angels, and†VEDC
  • Information session on UBS Elevating Entrepreneurs Mentoring program


    Lisa Winkle, (818) 907-9977 x231

    Source: VEDC

  • For more stories on investments and markets, please see HispanicBusiness' Finance Channel

    Source: Business Wire

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