Business Banking

Chase Kicks-Off National Small Business Week with Educational Events

New York, NY Apr 30, 2018 During this year’s National Small Business Week, JPMorgan Chase is celebrating by holding events for and in support of small business owners.

“We know small businesses are a critical engine of economic growth and the backbone of our communities, so when we support small businesses, we support job creation, economic development and our communities,” said Andrew Kresse, CEO of Business Banking at Chase. “That’s why Chase is proud to sponsor National Small Business Week for the fifth year in a row and celebrate small businesses today and every day.”

The week-long celebration for small businesses is a signature event of the U.S. Small Business Administration (SBA) and recognizes the critical contributions of America’s entrepreneurs and small business owners.

National events during the week

Chase is hosting and taking part in a number of local and national events to provide small businesses access to relevant content, resources and thought leadership. National events include:

April 30 - The Association for Enterprise Opportunity’s 2018 National Microbusiness Conference for professionals providing capital and technical assistance to microbusiness owners. JPMorgan Chase is the lead sponsor for the conference, which takes place in Detroit from April 30 to May 2.

May 1 - SBA’s 3-day virtual conference (May 1-3), where Chase for Business will have a booth containing resources, research and product offers. Chase for Business will also have physical booths during the SBA’s multi-city Bus Tour (May 1-3), which is meant to feature some of America’s most outstanding business owners.

May 3 - Chase for Business presents “Hug Your Haters: How to Embrace Complaints & Keep Your Customers” webinar with the SBA and SCORE, featuring business strategist Jay Baer with guidance on how to respond to customer complaints. The webinar takes place from 1-2 p.m. ET.

Small business commitment

In addition to the week’s events, JPMorgan Chase has recently doubled its Small Business Forward initiative to $150 million over five years to help small businesses run by women, minorities and veterans with both the capital and technical assistance they need to grow.

Even more recently, the firm announced the:

  • Launch of Entrepreneurs of Color Fund in the South Bronx and San Francisco. Using the model from Detroit that launched two years ago with support from W.K. Kellogg Foundation and Detroit Development Fund, JPMorgan Chase announced in February it would expand the Entrepreneurs of Color Fund to South Bronx and San Francisco with a $5 million investment, helping provide underserved entrepreneurs with access to the capital they need to grow, create jobs and drive local economic growth.
  • Expansion of its Ascend 2020 program to 10 U.S. cities. In April, the firm announced a $2.5 million expansion of this program, which connects minority entrepreneurs to business schools, suppliers and community partners to improve access to management, markets and money.

Chase clients honored by SBA

Chase is also proud to celebrate clients who were selected by the SBA as “Small Business Person of the Year” for their respective states, including:

All state winners will be formally recognized in Washington, D.C., on April 30, and will have the chance to be named the nation’s Small Business Person of the Year. The events will be streamed live on SBA’s Facebook page.

Chase serves more than 4 million small and midsize businesses in the U.S. and is among the top SBA lenders in the country. The bank will be offering special product promotions for small business owners during National Small Business Week and through the end of May. Customers can learn more by visiting their local branch.

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