The Kauffman Foundation estimates that the average cost to start a business is $30,000. In its 2017 “Zero Barriers Moonshot Report,” the Foundation and its associate organizations — Access Ventures and Village Capital — highlight the lack of access to capital as a major barrier to increasing diversity among entrepreneurs. The traditional largest sources of startup capital (community banks and personal savings) have declined significantly since the Great Recession. More than 75% of venture capital investments in the U.S. are made in only three coastal states: California, Massachusetts and New York. This panel will discuss alternative sources of capital for launching new businesses and early stage business growth.

Panelists:
Ethan Bach
Founder and CEO
Alt Ethos

Gwen Bonilla
Market Manager and Senior Regional Loan Officer
Accion

Ben Bynum, MD
Portfolio Director of Program Related Investments
The Colorado Health Foundation

Anne-Worley Moelter
Founder and CEO
Movement Climbing + Fitness

Alan Ramirez
Director of Lending
Colorado Enterprise Fund

Rick Snyder
Senior Loan Officer
Denver Office of Economic Development