On Wednesday, May 22, PayPal partnered with Small Business Roundtable and the National Association of Women Business Owners (NAWBO) in hosting an event for Los Angeles based entrepreneurs. In alignment with the broader PayPal Small Business Month campaign, the event titled, “Small Business & The Digital Economy: Examining the Impact of Digital Technology on America’s Businesses” was held in downtown Los Angeles and included over 50 local entrepreneurs, mainly female and minority business owners.
The evolution of digital commerce has created unprecedented opportunity for small business owners, particularly those that are underserved or overlooked by the traditional financial system. The conversation throughout the event focused on the digital platforms and tools that are available to entrepreneurs to help them fully reap the potential of this new opportunity.
The event began with remarks from Sonya Kay Blake, Director of Community Business in LA Mayor Eric Garcetti’s office. Sonya spoke about the importance of small business to the LA community as well as some of the programs an initiatives the Mayor’s office has been involved in to help enable small business growth.
A panel discussion was then led by the Jeanette Armburst, National Board Member at NAWBO, which explored some of the success and failures of navigating the digital economy from the first-hand perspective of entrepreneurs who have overcome some of those challenges. Included on the panel were three entrepreneurs, Robinne Burrell, Founder of Redflight Innovation, Emily Griesing, Chief Strategy Office at Bossible, and Bonnie Nijst, President and CEO of FIDGET. The panelists all shared their experiences in growing their businesses and the digital tools that they have used to help them succeed.
Finally, the event closed with remarks from Paul Disselkoen, Senior Associate of Government Relations at PayPal, who spoke about how PayPal is prioritizing small business growth and some of the tools and products that have been generated in recent years to particularly help underserved entrepreneurs.
PayPal was proud to partner with Small Business Roundtable and NAWBO on this important event during PayPal Small Business Month and will continue to facilitate these important discussions on how to better empower entrepreneurs of all sizes, backgrounds and locales.