ICBA, AIR and The Venture Center Gear Up for Second PPP Solutions Sprint

Media Advisory

Fintechs to address community bank PPP loan forgiveness process

What:
The Independent Community Bankers of America® (ICBA), in partnership with AIR, the Alliance for Innovative Regulation, and The Venture Center, will host a second virtual event for community banks featuring fintech offerings to help solve for the Small Business Administration’s Paycheck Protection Program loan forgiveness process.

Following the success of the first showcase, “Round Two | PPP Tech Loan Forgiveness Solution Sprint” will present fintech participants’ innovative offerings for calculating, tracking and reporting on PPP loan forgiveness. The 10 new invited companies will each conduct a five-minute product demo before fielding questions from a panel of community bank executives.

Who:
Alliance for Innovative Regulation CEO and Co-founder Jo Ann Barefoot
The Venture Center Executive Director Wayne Miller
ICBA Senior Vice President and Chief Innovation Officer Charles Potts

When:
June 10, 2020 from noon - 2:00 p.m. EST
To register for the virtual event, visit https://bit.ly/PPPTECH2.

About ICBA
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, nearly $4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.

About AIR
AIR - the Alliance for Innovative Regulation focuses on accelerating the digital transformation of financial regulation. We generate thought leadership, connect and educate regulators, and run a policy accelerator to test and implement new regulatory technologies. For more information, visit www.regulationinnovation.org or join our community through Twitter or LinkedIn.

About The Venture Center
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early-stage companies and help them validate their solutions for real-world problems. Our methodology provides a unique opportunity to connect with community bank executives, receive seed investment and learn from a comprehensive curriculum that will aid in strategically addressing go-to-market, business, and finance challenges.