Empowering Small Businesses
LISC, Kevin Hart’s Gran Coramino, and Minority Business Grants
Listen in to this episode of Paychex THRIVE, a Business Podcast, as host Gene Marks talks with the National Director of LISC’s Entrepreneurs of Color Fund Initiative and VP of Small Business and Economic Development Lending, Gran Coramino Spokesperson, Steve Hall. Hear all about the grant program with Kevin Hart’s tequila company, Gran Coramino, loans from the Lending Initiative Support Corporation (LISC), what businesses can do to improve their eligibility when looking for funding, the importance of budgets, and more.
Topics
00:00 — Welcome, Steve Hall
01:11 — Introduction to LISC
02:47 — About the small business division
04:46 — Loans from the LISC
08:47 — Grant program with Kevin Hart
10:49 — Grant qualifications
13:22 — Improving eligibility
14:45 — What is needed for grant application
18:10 — The importance of budgets
21:35 — Customer challenges
23:33 — What education businesses need
28:18 — Offering below market rates
32:47 — Wrap Up
