Access to divers finance in times of crisis: the first appointment of the UNLOCKING DIVERSITY webinar series!
Date: 8th of June 2020
Time: 15:00 – 16:30
The corona crisis is having a major impact on migrant entrepreneurs, banks, insurers and financial markets. The shortage of liquidity is described as unprecedented. Regulators are in the forefront trying to mitigate the negative effects of the crisis by adopting supportive measures and recommendations for the sectors.
On 9 April 2020, the euro area finance ministers (Eurogroup) decided on a comprehensive economic policy response to the COVID-19 crisis. Concretely, three important safety nets for workers, businesses and sovereigns are established, amounting to a package worth € 540 billion. The ESM is the safety net for sovereigns and provides Pandemic Crisis Support. On 23 April, the EU Heads of State of Government (European Council) endorsed this agreement. On 8 May, the Eurogroup agreed on the details attached to this credit line. After national procedures, the credit line is expected to be made operational by the ESM Board of Governors on 15 May 2020.
Join our webinar to learn how this is and will impact access to finance for migrant entrepreneurs!
15:00 – 15:05 Welcome
15:05 – 15:15 Introduction
15:15 – 15:25 Keynote
15:25 – 16:30 Panel discussion
Agnieszka Wojdyr is the Policy Officer in the European Commission’s DG Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), responsible for access to finance for SMEs. She is in charge, amongst others, for the implementation of financial instruments of the COSME Programme (debt and equity), preparation of the future InvestEU Programme and gender issues in financing. During her 15 years in the European Commission, she held various positions related to the EU support for SME and competitiveness of industrial sectors, as well as in the area of competition law.
Ronald Kleverlaan is a well-known thought leader in the European Financial technology (fintech) sector.
He is Director of the European Centre for Alternative Finance (ECAF) at Utrecht University in the Netherlands -a joint initiative of the University Utrecht School of Economics, CrowdfundingHub, and the Sustainable Finance Lab.
ECAF is an academic research group with a multi-disciplinary approach of engaging researchers from finance, entrepreneurship, legal and policy issues. ECAF seeks to provide insight into the various verticals of alternative finance to assist policymakers in crafting new rules pertaining to innovative finance.
Klaas Molenaar is Em. Professor of Financial Inclusion and New Entrepreneurship at The Hague University of Applied Sciences.
In that capacity, he had lead various research programmes in the ﬁeld of new forms of microﬁnance and hybrid entrepreneurship.
He is also the founder of Timpoc Consultants specialised in Entrepreneurship and MSME ﬁnancing and development.
Klaas was President of European Microfinance Network (2004-2013).
Adem Kumcu is President of UNITEE since 2011, Adem Kumcu is a founding member of the New European Business Confederation advocating the interests of entrepreneurs and business professionals with a migrant background at the European level.
He is the founder of Brussels Business Garden consultancy specialized in entrepreneurship, sustainable growth, finance and high-tech.
He has worked for various Commissions of the Dutch Ministries of Foreign Affairs, Education, Culture and Science, and Economic Affairs between 2000 and 2006 and he was a Member of the Board of Advisors of The Oranje Foundation from 2008 until 2010.
Before becoming part of UNITEE, Adem Kumcu worked as Program Manager for Diversity and Integration Policy at the Municipality of Utrecht (2007-2010) and as Strategic Advisor of the Executive Board of Utrecht University (2004-2007). He was Urban Economist for WIBW (2003-2004) and Scientific Researcher at the Institute for Migration and Ethnic Studies of the University of Amsterdam (2002-2003).