Delta Communities: Understanding the Credit Environment for Small-Business Development and Expansion

The registration for these meetings is closed.

Date:  Thursday, Aug. 11, 2016
Time:  10 a.m.-1 p.m. CT
Location: Museum of the Mississippi Delta
1608 Highway 82 West
Greenwood, Miss. 38930 (map it)



Date:  Friday, Aug. 12, 2016
Time:  10 a.m.-1 p.m. CT
Location: Beth El Heritage Hall
406 Perry St.
Helena, Ark. 72342 (map it)

Hosted by the Federal Reserve Bank of St. Louis, these Delta Communities meetings seek to bring together local leaders to talk about the challenges and opportunities of living and working in the Arkansas and Mississippi Delta.

Small businesses are the backbone of many communities across the Delta. Join your peers to hear about the results of the Federal Reserve's Small Business Credit Survey. Participants will learn how credit demand, sources and outcomes vary within small-business sectors and will have a better awareness of credit issues for small-business owners. Meet representatives of local institutions that are engaged in supporting entrepreneurs and startups, lending to small businesses and assisting with small-business growth and expansion.

In addition, there will be a panel discussion of small-business issues by local leaders and representatives from regional organizations, including Communities Unlimited, Crossroads Coalition, Mississippi Development Authority, Small Business Development Center, Southern Bancorp, Delta State University and Guaranty Bank.

These convenings are very similar in format and content; please register for either the meeting in Greenwood or Helena.

Participation in this event is free; however, registration is required by Friday, Aug. 5, as space is limited. Lunch will be provided.

For more information, please contact Drew Pack at 501-324-8268 or andrew.a.pack@stls.frb.org.


Delta Communities Initiative

With an aim of strengthening communities across the Arkansas and Mississippi Delta region, the St. Louis Fed is launching the Delta Communities initiative to build awareness of promising tools and strategies for community and economic development through regional forums. The meetings will feature presentations from St. Louis Fed staff and regional and national representatives with experience in building and sustaining community and economic development efforts. Six forums, each of which will take place in both Arkansas and Mississippi, have been scheduled through the beginning of 2017, with additional dates to be announced later. Themes for the current slate of Delta Communities forums include:

  • Identifying Challenges and Opportunities through Data and Dialogue
    June 9 – Greenwood, Miss.  |  June 10 – Helena, Ark.
  • Understanding the Credit Environment for Small-Business Development and Expansion
    Aug. 11 – Greenwood  |  Aug. 12 – Helena
  • Building the Right Team and Relationships for Community and Economic Development
    Sept. 15 – Greenwood  |  Sept. 16 – Helena
  • Making a Plan for Financing Community and Economic Development
    Oct. 20 – Greenwood  |  Oct. 21 – Helena
  • Sourcing Financial Resources for Community and Economic Development
    Dec. 1 – Greenwood  |  Dec. 2 – Helena
  • Tapping the Community Reinvestment Act for Community and Economic Development
    Jan. 19 – Greenwood  |  Jan. 20 – Helena

Representatives from financial institutions, nonprofit organizations, small businesses, chambers of commerce, government entities and other local leaders are welcome to participate. While the first six forums will take place in Greenwood, Miss., and Helena, Ark., leaders from communities across the Delta region are encouraged to attend.