November 8th, 2022
Scott Sander of the BEO Show recently interviewed the director of LISC's Capital Innovation Lab, Yvonne Durbin, about the new JPMC Diverse Suppliers Grant Initiative.
"The goal of the program is to support diverse companies in accessing opportunities with large corporations. We recognize that there are some really high barriers to doing business with a Fortune 500 company; sometimes you need to upgrade your cybersecurity, insurance, or other IT systems," says Yvonne Durbin. "LISC is able to fund those types of upgrades for diverse businesses to promote those businesses' ability to go after those big opportunities and feel confident in doing so."
Check out the full interview by Meghan Stratton here.
The Diverse Supplier Grant Initiative provides growth capital and technical training to diverse suppliers to help them make business improvements to have the capacity/requirements to work with large corporations. Learn more about the program here.