Entrepreneurs face obstacles as they seek to borrow funds to start, operate and grow their businesses. A survey of 1,000 small businesses in 2019 found that nearly half could not borrow needed funds during the previous 12 months. Another study found that 64% of employer businesses relied on personal or family savings for start-up capital in 2014. In the first installment in the McNair Center for Entrepreneurship and Economic Growth’s exploration of market-based, governmental and nonprofit approaches to improving access to capital for small businesses and entrepreneurs, McNair Center Director Jennifer Rabb will talk with Eric Griego, co-founder and CEO of Betterfin, about his company’s innovative approach to the financial needs of entrepreneurs and the public policy challenges that the company and its customers face.
The webinar series will continue this fall with an exploration of the government/non-profit approach to improving capital access and the application of blockchain technology to small business lending.
This event is sponsored by the Baker Institute McNair Center for Entrepreneurship and Economic Growth. Follow @BakerInstitute on Twitter and join the conversation with #BakerEntrepreneur.
2:00 p.m. — Welcome
2:05 p.m. — Discussion
2:35 p.m. — Q&A
This webinar is free, but registration is required. Please click here to register. If you are unable to attend, a recording will be availalbe on this webpage following the event.
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Eric Griego is co-founder and CEO of Betterfin, a platform for business owners looking to secure commercial financing. By integrating with the credit bureaus, the banks and alternative lenders, Betterfin provides business owners with a uniquely data-driven approach to finding a loan. For lenders, Betterfin provides advanced credit technology to help automate and decision borrowers.
Griego previously worked as the product manager of AI and graph at data platform Radius, where he helped to build the business-to-business market's most extensive graph of commercial data. Then, as product manager of decision science at OnDeck Capital, he constructed industry-leading alternative credit models that funded over $4 billion in capital. Griego also has a technical background in data science and engineering from his time working as a research analyst in credit for Goldman Sachs.
Director, McNair Center for Entrepreneurship and Economic Growth