Helping Small Business Owners Make Their Move

Nearly 1,000 JPMorgan Chase clients and prospective clients attended the three-day Make Your Move Summit in Frisco, Texas, in early November—along with our CEO & Chairman, Jamie Dimon, and CEO of Business Banking, Ben Walter. They came with one goal in mind: To help small businesses thrive.

The Make Your Move Summit convened entrepreneurs, industry experts, policy leaders and community partners to discuss capital-raising options, forge professional connections and access new customer networks.

The talks were practical and inspiring—much like the hard-working small business leaders we are proud to serve at JPMorgan Chase. Sessions included deep dives on  communications and business pitching, succession planning, becoming a certified diverse supplier and the state of artificial intelligence. One of the highlights for me was the announcement that JPMorgan Chase plans to hire 1,000 business bankers across the United States by the end of 2025. These hires, some of which will be in the  Dallas-Fort Worth region, are a testament to our commitment to powering inclusive economic growth in communities across the country.

The Dallas-Fort Worth region is fertile ground for entrepreneurship, and in my role at JPMorgan Chase I’ve seen firsthand what the Dallas Regional Chamber tells us: New business formation is on the rise. JPMorgan Chase provides products, services, coaching, workshops, training seminars and philanthropic capital to more than 240,000 small business clients in this area.  We also work with organizations like Impact Ventures, a nonprofit startup accelerator that provides resources and funding for underrepresented founders. 

We’re proud to walk alongside entrepreneurs at every step in their small business journey, and there is no better place to do this work than in the great state of Texas. Here, pro-business policies strengthen innovative entrepreneurship and make economic partnerships possible—as Governor Greg Abbott underscored in a video message played for attendees during the Summit.

We also have an opportunity to help diverse-owned businesses in the region grow into the emerging middle market. According to new research from Next Street and JPMorgan Chase, Dallas is the fifth largest middle market in the U.S. with 8,300 midsize businesses that generate $381 billion in annual revenue. But diverse-owned midsize businesses in Dallas account for less than a quarter of the revenue generated by the market. By helping close this revenue gap, JPMorgan Chase can support the generation of an additional $46 billion in revenue by businesses that serve local communities across our city.

The Make Your Move Summit shows how we help business owners in the Dallas-Fort Worth region achieve their dreams by investing in the community and serving clients across more than 190 branches in the area. Together, we will continue to provide products, programs and coaching to help our local businesses make their moves.

Learn more about how JPMorgan Chase supports small business.

Learn more about how JPMorgan Chase helps make an impact in Dallas-Fort Worth.