New Equity Business Launches

Online portal provides access to more than 1,500 financing sources for small businesses

"Finding money for your business just got easier"

Dec 01, 2010, 14:00 ET from New Equity Business

CHICAGO, Dec. 1, 2010 /PRNewswire/ -- New Equity Business launches a game-changing online portal and search engine that connects small business owners with more than 1,500 sources of public and private financing, as well as industry experts to answer their questions and assist with the application process.

New Equity Business (NEB) will roll out the new national web site during a reception on Thursday, December 2, from 5:30 to 7:30 p.m. in the Technology Business Center Atrium at the Illinois Institute of Technology, 3440 S. Dearborn Street in Chicago. The event is sponsored by O-H Community Partners, an economic development consulting firm and the creators of New Equity Business; the Illinois Institute of Technology (IIT); and PNC Bank, a sponsor of the site.

A short program will include remarks by NEB's founders; IIT President Dr. John Anderson; Thurman "Tony" Smith, Community Development Bank Market Manager for PNC Bank; and special guest Steven Rogers, Professor of Entrepreneurship and Director of the Levy Institute for Entrepreneurial Practice at the Kellogg School of Management at Northwestern University.

"There are a lot of financing tools available; small business owners just don't know about them," said New Equity Business Co-founder and CEO, Chinwe Onyeagoro. "New Equity Business is helping to get the word out about millions of dollars in government and private money. I'd like to see small business owners use the tool as their primary resource for finding financing."

New Equity Business is the first site to bring multiple financing resources together online. Now, through an online search of New Equity Business, business owners will be able to create a profile enabling the matching tool to identify financing products that fit their business needs and assess their eligibility.

Users also will be able to access NEB Navigators, financing experts who can provide advice and technical assistance.

"There are many ways to access working capital so you can make payroll, buy equipment and pay expenses," said Sharon E. Jones, New Equity Business co-founder. "You can't be successful if you're sidelined. New Equity Business helps business owners stay in the game by providing access to grants, loans and tax incentives, among other financing sources."

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Chinwe Onyeagoro

SOURCE New Equity Business