LISC CEO Maurice A. Jones joined a panel of researchers and other experts brought together by the Philadelphia Fed to discuss how government at all levels can help small businesses recover from the pandemic, and how these programs must evolve to ensure equitable recovery. The webinar is part of an ongoing series examining best practices for bringing about equity as we emerge from the crisis.
ICYMI, LISC CEO Maurice A. Jones recently joined Bill Bynum, CEO of HOPE Credit Union, and Shannon Alwyn and Aaron Mitchell of Netflix, for a Netflix webinar on strategies to spark economic opportunity and wealth creation in Black communities. The wide-ranging conversation took place on the heels of a $25 million partnership from Netflix to LISC for investment in Black banks and other entities to ramp up economic activity that benefits Black communities.
A roundtable discussion with LISC CEO Maurice A. Jones and Verizon’s Chief Corporate Social Responsibility Officer Rose Stuckey Kirk, moderated by LISC board member and UVA business professor Greg Fairchild, delves into what it will take to get to economic equity for our country.
In his latest message, LISC CEO Maurice A. Jones lays out the kinds of holistic investment that a multi-faceted $60 million partnership with Kaiser Permanente will help make possible. "An America where ZIP code, more than any other factor, determines a person’s prospects in life is not sustainable," argues Jones. "For our communities to recover from COVID-19 and set out on a path toward equitable growth, we must make investments that break down barriers and create opportunities that are open to all."
LISC's CEO Maurice A. Jones is quoted in a Wall Street Journal article on the challenges of ensuring PPP loans are accessible to entrepreneurs of color and those in underinvested communities. Data is a key to understanding who's benefiting, says Jones, and LISC's PPP program has targeted underserved borrowers who may not have traditional banking relationships.