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From YouTube: Northeastern and LISC Impact Lending Program
Description
Mayor Walsh joins leadership from Northeastern University and LISC Small Business President and CEO Kevin Boes at the Bolling Building in Roxbury, to announce the launch of the region's first university-supported loan program for women- and minority-owned businesses. This initiative, called the Impact Lending program, enables local small-business owners to secure loans, at below-market interest rates, to acquire crucial resources to expand their businesses.
A
A
Good
morning,
everybody
welcome
to
the
bruce
bowling
building
here
in
dudley
square
in
Roxbury.
My
name
is
John
Tobin
vice
president
of
city
and
community
affairs
at
Northeastern.
University
we're
here
this
morning
to
announce
an
exciting
new
partnership
between
Liske
and
northeastern
university.
That's
going
to
benefit
so
greatly,
our
friends
and
neighbors
around
Northeastern
University.
We're
very
excited
to
help
kick
off
this
this
partnership
and
help
the
person
who's
going
to
kick
it
off.
A
Is
our
mayor
and
someone
who's
been
no
stranger
to
Northeastern
before
he
get
elected
to
the
office
of
mayor
of
Boston
a
couple
of
years
ago,
someone
that
north
easton
had
a
great
relationship
with
working
with
him,
his
building
pathways
program,
the
good
encouraging
god
people
of
color
on
to
construction
jobs
around
the
city
of
Boston.
We
so
enjoyed
that
partnership
with
the
mayor
and
its
continued
by
leaps
and
bounds
as
he's
taken
office
and
been
a
great
mayor
of
the
city
of
Boston.
So
without
further
ado,
our
mayor
mayor,
Marty,
Walsh.
B
Thank
you
very
much.
Sean
and
I
appreciate
it.
I
want
to
thank
northeast
and
for
being
here
in
this
beautiful
building
here
in
dudley
square
school
department's
building.
It's
exciting
the
local
initiative.
Support
coalition
I
want
to
welcome
you
and
Kevin
bows.
Thank
you
very
much
for
being
here
with
us
president.
Thank
you
for
being
it
with
us.
We
have
a
brand
new
state
representative,
China
Tyler's
here
with
us.
Thank
you
representative.
Soon
to
be
representative.
You
just
have
to
go
through
the
formalities
of
a
week
and
half
from
now
which
actually
started
yesterday.
B
So
get
your
vote
out
there
early!
Congratulations
and
it's
great
to
have
you
here.
City
councilor
needs
to
sabe
George.
It's
here
with
us
is
well
I
want
to
thank
council
George
I
want
to
thank
the
Boston
Public
Schools
for
hosting
us
here
today
in
the
bowl
and
building
I
want
to
thank
all
the
small
business
owners
as
well
that
are
here
with
us.
So
we're
also
joined
by
chill
at
Dillon,
chief
of
housing
for
the
city
of
Boston
and
department,
able
development
falls
and
under
Sheila
and
I
want
to
thank
everyone
for
coming
today.
B
I'm
happy
to
introduce
impact
lending,
a
partnership
between
list
Boston,
Northeastern,
University
and
list
small
businesses.
It's
the
region's
first
University
supported
loan
program
for
women
and
minority-owned
businesses,
and-
and
it's
something
that's
really
important
for
us.
It's
going
to
help
support
small
business,
but
the
city,
small
business
plan
will
strengthen
the
relationship
between
one
of
our
great
colleges
in
our
city
and
our
neighbors
and
our
neighborhoods.
B
Northeastern's
2013
master
plan
aim
to
create
more
on
campus
housing,
improve
campus
sustainability
and
promote
well-being
of
its
neighbors
in
Roxbury
Mission
Hill
Fenway
in
the
south
end
northeast,
so
no
decent
following
throwing
exactly
what
they
promised
and
what
this
partnership
does.
There's
been
a
lot
of
development
around
the
campus
and
impacting
lending
will
help
ensure
that
all
community
members
were
able
to
bend
it
for
benefit
from
the
growth
and
that's
something
that
we're
seeing
that's
really
important.
We
often
talk
about
other
parts
of
this,
the
Boston
we
talked
about
the
south
boston
waterfront.
B
We
talked
about
the
Downtown
Crossing.
We
talked
about
the
financial
district
and
there's
no
reason
why
here
in
Roxbury
that
the
same
impact
can't
be
felt
and
northeast
and
understood
that,
and
really
today,
is
a
big
step
in
understanding
that
to
make
sure
they
create
value
in
and
around
the
neighborhoods
small
businesses
create
jobs.
They
hire
local
people
they're
the
engine
to
our
economy.
In
Boston
we
did
a
study
I
think
we
have
40,000
small
businesses
in
the
city
of
austin.
B
If
you
take
them
all
together,
there'd
be
the
largest
company
that
we
have
in
the
city
of
Boston.
So
it's
important
that
we
understand
the
value
of
what
I've
small
businesses
and
the
impact
they
have
on
our
economy,
but
also
the
impact
they
have
on
the
neighborhoods
that
they're
in
this
year
the
city
of
Boston
released
our
small
business
plan,
its
goals
that
the
help
small
businesses
thrive
to
support,
vibrant
neighborhoods
and
help
be
able
to
become
vibrant
and
also
to
create
our
greater
opportunity
for
all
Bostonians
impact
lending
will
support
all
of
these
goals.
B
Last
month,
I
called
upon
the
business
community
to
help
us
lead
the
way
in
a
way
in
creating
greater
opportunity
for
women
and
people
of
color
in
our
city.
I
spoke
at
the
Chamber
of
Commerce
and
I
gave
a
speech
and
more
than
a
third
of
my
speech,
was
dedicated,
really
creating
on
on
creating
pipelines
in
the
businesses
and
some
of
the
big
businesses
we
have
in
the
city
of
Boston,
because
we
can't
do
it
alone
by
government.
B
It's
important
for
us
to
to
bring
on
our
partners
and
northeastern
is
a
great
leader
in
a
university
system
and
how
I
University
says
it
can
make
a
huge
impact
in
our
community.
I
want
to
thank
all
the
businesses
that
have
set
up
to
the
plate
so
far,
but
I
really
want
to
thank
today
it's
about
thanking
Northeastern,
University,
their
commitment
to
supporting
Bronson's
economy
and
promote
promoting
inclusion
and
opportunity
in
our
communities
and-
and
it
truly
is
important
as
we
think
about
what's
happening
right
now
in
our
city.
B
A
lot
of
great
things
are
happening.
We
have
six
billion
dollars
worth
of
development.
We
have
housing
motor
housing
being
built
than
ever
before.
We
have
more
jobs
being
created,
but
that
impact
is
not
felt
throughout
every
neighborhood.
The
representative,
when
she
would
the
reason
why
she
ran
for
office,
is
to
make
sure
that
she
brings
opportunities
to
her
community.
The
counselor
sabe
George
give
me
one.
Second,
all
right:
I'm
g
one
minute,
thank
you,
City
Council
teacher
sabe
Joy's
ran
for
the
same
reason
and
we're
working
to
create
opportunities.
B
A
Thank
You
mayor
Walsh,
the
mayor,
recognized
Kevin
Bose
who's
going
to
be
next
speaker
he's
the
lisc
small
business
president
of
CEO
I,
should
point
out.
Kevin
is
from
Chicago
the
Cubs
open
up
to
try
and
break
a
100
year,
a
drought
tonight
against
the
Cleveland
Indians,
but
kevin
has
shorts.
This
is
more
excited
to
be
here
to
announce
this
partnership
between
lisken
northeastern.
Ladies
and
gentlemen,
Kevin
bows.
C
It's
very
excited
to
be
here
today
and
this
we
are
very
excited
for
this
partnership
with
northeastern
and
what
we're
going
to
be
able
to
do
together
here.
So
Liske
is
an
organization
that
has
done
as
a
leader
in
helping
level
the
playing
field
and
making
investment
in
low-income
areas,
and
we've
done
that
through
a
lot
of
investments
in
housing
and
health
centers
in
schools
and
other
things
around
the
country
and
a
lot
right
here
in
Boston.
C
What
we
haven't
been
able
to
do
a
lot
of
historically
is
help
small
businesses
directly
and
small
businesses
in
the
neighborhoods
we
care
about,
and
this
partnership
with
northeastern
is
going
to
enable
us
to
do
that
and
we're
very
excited
to
be
able
to
not
only
give
small
businesses
the
opportunity
for
some
some
capital,
some
low-cost
capital
to
help
them
expand,
but
also
the
opportunity
to
do
business
with
the
great
institution
like
northeastern
and
to
really
help
grow
their
top
line.
While
we
help
them
with
their
financing
and
grow
their
business.
C
C
So
first
is
the
city
foundation,
who
really
helped
us
saw
this
opportunity
that
you
know
Liske
is
on
the
ground
here
in
boston
and
all
these
places
and
really
hasn't
been
able
to
directly
support
small
businesses,
and
so
a
grant
from
them
has
really
helped
us
to
get
this
program
up
and
running
and
got
us
to
the
place.
We
are
today
then
locally
here
in
boston.
C
Yeah
we've
been
working
with
these
folks,
the
university
for
over
a
year
now
and
putting
together
a
local
team
that
can
really
help
us
hit
the
ground
running
here
and
impact
as
many
local
businesses,
as
we
can
with
this
program.
So
mass
growth
capital
we're
very
excited
to
be
partnering
with
in
this
initiative
and
Larry
Emile
are
here
today
from
mass
growth
and
so
they're
going
to
be
a
lending
partner
in
this,
and
you
know,
I
think
we
really
wouldn't
be
able
to
benefit
businesses
like
we
will
without
master
gross
partnership.
C
So
thanks
thanks
to
everyone
there
and
last
but
not
least,
the
team
at
Northeastern
that
we've
been
working
hard
with
and
getting
this
program
ramped
up
so
Kathy,
Spiegelman
and
Ralph
Martin,
who
are
both
here
today,
have
really
been
a
pleasure
to
work
with,
and
they
are
all
over
this.
This
cause
and
working
with
us
to
drive
as
much
as
I
spend
as
we
can
locally
and
Tom
the
dell
as
well.
It's
been
a
key
part
of
that
team.
C
I,
don't
know
if
he's
here
today,
so
just
a
couple
comments
here
on
the
impact
lending
program
itself
and
what
we're
trying
to
accomplish.
So
this
really
is
a
pioneering
initiative
here
and
it
seems
like
such
a
natural
thing
for
a
university
to
partner
with
a
community
development
organization
and
really
work
together
to
see
what
they
can
do
to
help
local
businesses
and
grow
the
local
economy,
and
it
actually
has
not
happened
much
before.
So.
C
This
is
the
the
first
time
that
we
know
of
here
in
in
Boston
and
New
England
and
one
of
the
first
in
the
country
of
this
type
of
program,
and
so
the
exciting
thing
is
that
we
are
we're
on
the
front
end.
But
the
conversation
has
started
nationally
and
where
there's
been
a
lot
of
successful
partnerships
in
the
past
between
community
development
and
anchor
institutions,
as
it
relates
to
improving
the
neighborhood
around
around
the
universities,
with
housing
and
and
with
other
things,
to
just
improve
the
neighborhoods.
C
You
know
this
conversation
around
supporting
small
business
and
local
procurement
and
really
what
we
can
do
to
target
minority
women
owned
businesses
for
to
be
suppliers
at
the
University.
It's
all
pretty
new.
But
just
last
week
in
Chicago
there
was
a
national
convening
of
folks
that
are
interested
in
this
space,
and
so
you
know
for
us.
C
We
really
see
this
as
our
opportunity
to
showcase
what
can
be
done
and
what
successes
can
be
had
here
and
then
our
plan
is
to
spread
this
work
across
the
country
and
and
show
the
world
that
Boston
is
a
place
where
this
can
be
done
first
and
that
it
can
be
a
huge
benefit
to
the
local
economies
in
the
neighborhoods,
where
we
work
so
with
that
I
just
want
to
say.
The
we
at
Liske
are
very
excited
about
this
partnership,
we're
very
committed
to
its
success.
C
We're
very
excited
to
forge
these
new
partnerships
with
local
businesses
here
and
do
whatever
we
can
to
keep
more
of
the
of
the
business
right
here
in
right
here
in
Dudley
square
right
here
in
Roxbury
right
here
in
the
surrounding
neighborhoods,
and
support
the
businesses
and
the
folks
that
live
in
these
communities.
So
thank
you
very
much
for
this
opportunity.
A
Lysette
he's
a
small
business
owner
with
Tom
Carlson,
a
local
vendor
and
a
great
part
of
northeastern
and
a
great
part
of
a
great
community
person
runs
up,
runs
Pop,
Warner
football
and
is
so
active
with
young
people.
The
young
people
in
Rock
Spring,
the
surrounding
neighborhoods
and
he's
been
a
great
partner
to
note
these
University
and
he
say
to
speak
about
the
this
partnership
and
what
it's
going
to
mean
for
businesses
like
his
and
others
around
the
city
of
Boston
around
our
neighborhoods.
His
name
is
approval,
but
we
call
him
brew.
D
Should
have
wartime
what
I
wouldn't
happy
to
take
your
time
like
John
said
my
name
is
belt
Lysette
I'm,
the
vice
president
and
co-owner
of
Thomas
Carson
corporation,
were
basically
a
general
contracting
company.
We
we
focus
more
on
maintenance.
We
do
some
carpentry
some
demo
over
at
Northeastern
University.
We
serve
as
an
auxiliary
unit
for
a
lot
of
shops
over
in
the
facilities.
D
D
During
the
summertime,
when
school's
out,
we
go
into
the
dorms,
you
do
a
lot
of
painting
a
lot
of
maintenance.
Like
I,
said
simple
things
from
changing
out.
Stealing
towels
went
the
time
they
put
us
on
a
snow
team,
so
that
generates
a
lot
of
good
money
for
the
guys,
as
well
as
during
the
basketball
season.
One
of
the
floor
team
over
at
the
Matthews
arena,
I
came
the
northeastern,
maybe
in
2006,
for
one
day
to
help
out
and
I
hadn't
left
ever
since,
and
I
had
no
experience.
D
What
was
doing,
and
the
beautiful
thing
is
that
most
of
the
guys
that
we
work
with
have
no
experience
or
what
they're
doing
everything
is
on-the-job
training.
Every
single
person
that
worked
for
us
has
gone
through
the
10
hours
of
osha
training
leg,
a
specialist
certification.
If
you
ever
walk
around
the
campus,
who
you
want
to
know
who
Tom
Carson
guys?
Are
you
see
the
bright,
yellow
jackets?
This
is
think
safety,
Tom,
Carlson,
think
safety.
D
Every
single
one
of
the
guy
that
you
see
working
with
us
are
from
the
community
roxbury
Mission,
Hill,
mattapan
Dorchester,
every
single
one
of
them,
I'd,
say
I'd,
say
we
have
a
ninety-nine
percent
rate
of
being
in
the
city
living
in
the
city.
It's
a
wonderful
thing,
because
most
of
the
guys
that
came
in
just
like
me
had
no
experience.
Everything
is
on
the
job.
Training
and
a
lot
of
them
has
gone
on
and
they've
become
very
successful
and
in
the
field
that
we're
in
you
know,
we
even
work
with
youth
opportunity.
D
Boston
right
around
the
corner
right
on
street,
over
where
r
we've
probably
had
maybe
five
or
six
city
kids
come
in
over
the
summer
and
throughout
the
year
and
they've
worked
with
us,
we've
trained
them
a
little
bit
and
they've
gone
on
and
get
better
work
on
one
of
the
individuals
we
actually
hired
think
you
was
at
a
meeting
when
we
talked
about
it
mr.
mayor
and
that's
basically
what
we
do
and
I
don't
think
we
have
the
opportunity
to
do
that.
D
D
You
know,
and
they
helped
me
out
going
to
get
into
a
capacity
building
program
where
you
know
I
could
come
up
with
a
bit
of
business
plan
on
because
they
were
looking
out
for
my
future
in
the
future.
By
else
around
so
I
mean
that's
my
story
with
north
easton
arm
and,
like
I
said
I
like
to
thank
you
guys,
it's
been
a
wonderful
relationship,
I'm
looking
forward
to
a
longer
relationship.
A
Thank
you
very
much
bro.
Our
final
speaker
today
is
someone
in
his
ten
years
as
the
leader
of
northeastern
university
has
taken
to
the
University
to
even
greater
heights
and
where
our
impact
as
a
university
has
felt
literally
around
the
world
and
to
all
corners
of
the
globe,
but
he
is
someone
who
was
led
the
charge
and
understands
that
a
greatest
impact
we
can
make
it's
in
the
neighborhoods
that
we
sit
in
that
surround
us
Mission
Hill
in
the
Fenway
and
Roxbury
in
the
south
end.
A
E
You
thank
you
and
good
morning.
Everyone.
So
first
I
want
to
thank
the
mayor,
not
only
for
being
here,
but
for
leading
the
charge
in
one
of
our
first
meanings.
He
focused
on
the
neighborhood
he
focused
on
underrepresented
minorities.
He
focused
on
finding
jobs
and
finding
opportunities
for
them.
So
in
some
ways
you
led
the
charge.
You
set
the
tone
mayor
and
we
are
here
to
be
all
together
and
express
our
support
to
you
and
thank
you
for
your
leadership.
Let's
give
them
a
round
of
applause.
E
C
E
Know
John
said
that
were
global
university,
but
this
is
how
hot
is.
This
is
where
our
roots
are,
and
if
this
community
is
thriving,
then
we
all
would
be
thriving.
Yes,
you
know
this
partnership
is
very
important
to
us
and
the
investment
that
we're
making
in
this
community
is
only
part
of
what
we
are
doing,
because
we
like
your
organization
very
much,
because
you
are
able
to
provide
the
members
of
this
community
with
loans
at
a
low
rate
and
that's
the
beginning.
But
that's
not
the
end.
E
The
end
is
really
to
have
successful,
successful
entrepreneurial
activities
here
that
will
be
creating
jobs,
brew
you're
an
example
of
an
entrepreneur
who,
from
you
know,
you
started
the
first
day
and
then
now
you're
going
to
be
the
owner
of
the
whole
organization.
You
know
we
want
to
work
with.
You
want
to
continue
to
work
with
you.
It's
not
only
building
the
business
plans
but
opportunities
because
you
are
providing
jobs
for
people
in
the
neighborhood,
and
so
this
investment
is
not
a
financial
investment.
E
Only
it's
an
investment
in
the
neighborhood
in
making
the
neighborhood
thrive
in
n,
also
in
getting
the
neighborhood
to
help
us
when
we
have
a
very
vibrant
entrepreneurship
program.
You
know
the
ancient
bakers
are
here
so
I'm
mentioning
you,
you
know
you
are
working.
You
know
you
are
in
the
neighborhood,
you
are
in
the
community,
you
venture
you
working
with
our
faculty
and
our
students
about
that.
We
have
north
eastern
crossing,
that's
open
for
the
community.
E
So
you
see
this
partnership
is
the
beginning
of
an
investment,
but
it's
part
of
an
investment
in
the
come
unity
that
is
comprehensive.
So
we're
very
excited
about
that.
Once
again
mayor,
you
set
the
tone,
you
led
the
way,
and
we
thank
you
for
being
our
mayor
here
and
we
are
pledging
our
continuing
support
for
this
project
and
other
projects
that
are
so
dear
to
you.
So
thank
you
all
for
being
here
today.