FCC to AID Women's, Minority Access to Capital

FCC TO AID WOMEN'S, MINORITY ACCESS TO CAPITAL
[SOURCE: tvnewsday, AUTHOR: Kathy Haley]
The Federal Communications Commission's Diversity Committee is about to take the wraps off a new initiative to help women and minorities raise the capital they need to become media owners. Access to Capital, a conference to be held this summer in New York, will put venture capitalists and other financial institutions in the same room with female and minority entrepreneurs. A venue and a date haven't yet been chosen, but Maria Brennan, president of American Women in Radio and Television, said the goal is to help break down the No. 1 barrier women and minorities face when trying to go from being managers to owners. There are people with strong management backgrounds and great business plans who “hit a wall when they try to raise financing,” Brennan said. “The Access to Capital conference is one way to address that.”
http://www.tvnewsday.com/articles/2008/03/14/daily.9/