A list of current opportunities for trainings, conferences, funding, scholarships, and other information that have crossed our desks.
CAMEO Tool: Susan Brown, our microlending expert, created Phase I of a Community Loan Policy Manual Workbook to assist community lenders to create fully developed loan policies manual. Lenders of every stripe that address each topic and answer all the questions will have a complete loan manual that reflects a comprehensive approach to the details of running a high-quality program.
Got Federal Funds: The US General Services Administration has changed their policies regarding the online System for Award Management. As of April 27th, all users must submit a notarized letter naming an Entity Administrator to the Federal Services Desk in order to activate their sam.gov registration. Any organization applying for federal or state funding through grants.gov is required to have a current registration with sam.gov in order to submit their application, so make sure to check your account! More information, including a template for the notarized letter, click the link.
New Report: The SBA Office of Advocacy release “One Year of Equity Crowdfunding: Initial Market Development and Trends.”
New Report: The SBA Office of Advocacy Research release “Why Do Businesses Close“, using U.S. Census Bureau data, and found that over the last 25 years, about 7–9 percent of employer firms close every year and a slightly higher share open. Many reasons for closing are personal.
Free Webinar: EARN hosted “Big Data on Small Savings.” Click to download the slides.
Professional Networking: Join the CDFI Women’s Network (CWN) on the CDFI Connect Community! Login and navigate to the all communities page, find the CDFI Women’s Network community and click the green join button in the upper right corner. For assistance, please email email@example.com. CWN is an independent, women-led, volunteer organization dedicated to promoting the advancement of women who work for CDFIs or for organizations that support the Community Development Finance industry.
For Your Clients: California State Treasurer John Chiang officially rolled out CBIG.ca.gov, the California Business Incentives Gateway. The online gateway connects business owners and entrepreneurs to incentives to help them grow and create jobs. The CBIG site makes it easy for businesses expanding or locating in California to find and apply for incentives as part of a strategic business plan.
For Your Clients: Curious about the process to start a legal cannabis business in California? Learn about capital raising, entity formation and compliance for the California cannabis industry with Cutting Edge Capital’s latest webinar and Part II: “Cannabis Business Structuring and Capital Raising Part II”.
New Toolkit: Credit Builders Alliance has developed a new toolkit that provides a primer on the importance of credit building to establish businesses as financial assets for returning citizens, followed by a comprehensive and dynamic set of tools and resources to help practitioners work one-on-one with their clients to build credit in pursuit of their entrepreneurial goals. Download the executive summary – Achieving Credit Strength: A Toolkit for Supporting Returning Citizen Entrepreneurs.
Communications Tool: Wired Impact’s The Beginner’s Guide to Nonprofit Website Content.
Communication Resource: How to Create Awesome Social Media Graphics for Free
Free Webinar: Watch at your leisure Cutting Edge’s webinar “Economic Activism Starts at Home: The Impact of Community Investment Funds.”
Yelp! for Grant Makers: GrantAdvisor is now open for you to hare your experiences of working with a foundation. The program is sponsored by CalNonprofits, GreatNonprofits, and Minnesota Council of Nonprofits.
Small Business Lending: In June 2016 OFN launched Venturize, a digital public awareness and education campaign designed to inform small business owners about their financing options and help them prepare for the borrowing process. It’s now available in Spanish.
Funding Opportunity: Opportunity Fund recently launched its Community Partner Program. The program can supplement the missions and programs of other non-profits by serving as a microloan program for those who do not have one and complementing the services of those who do. Partners receive several benefits, including an in-depth look at the credit and underwriting criteria and a 5% commission on every qualified referral booked for loans between $5,000 and $50,000. If you have questions or are interested, please contact Robert Zapata by email or phone 323.506.3529.
Take Action: Sign on to ASBC’s #WeRespectAll campaign. For our economy and a civil society to succeed, it is important to reach out to diverse constituencies, support an inclusive culture, ensure that relevant voices of all people directly affected are heard and that the economy taps the capabilities, creativity, and industriousness of all Americans. We signed.
Take Action: Tell @BusinessForward your top business priorities for Congress (and tweet about it – add the URL – bit.ly/1tgpJDr)!
Take Action: The Small Business Borrowers’ Bill of Rights outlines six key rights that all borrowers should have. If you’re a small business lender, credit marketplace, or broker, you can sign the bill of rights. If you are another interested party, you can become an endorser. CAMEO has signed on as an endorser.
Take Action: American Sustainable Business Council started a petition from the business community in support of immigrants and refugees.
FOR YOUR CLIENTS
For Your Clients:The Census Business Builder is an easy to use, mobile-optimized tool that provides access to selected demographic and economic data from the U.S. Census Bureau tailored to business owners and regional planners.
For Your Clients: The future of the Affordable Care Act (ACA) and the health insurance marketplaces is an unknown. In California, a lot of confusion and misinformation about what this means for the state’s health insurance marketplace, Covered California, and enrollment options for 2017 is floating around. Small Business Majority sets the record straight on healthcare in California with a few key points to keep in mind. In a nutshell, if you signed up for 2017, you’re covered for 2017.
For Your Clients: The LA Business Portal provides you with all of the information you need to plan, start, manage, and grow your business. Try our Start Up Guide to quickly map out how to register your new business and be compliant. Explore a rich library of content and resources to help you manage and grow your business.
For Your Clients: The SBA launches certify.sba.gov to assist small firms doing business with federal government; streamline applications and eliminate documentation obstacles. This new website starts with a focus on closing market gaps for women entrepreneurs in the federal marketplace by featuring the Women-Owned Small Business (WOSB) Program.
For Your Clients: The California Labor Enforcement Task Force (LETF) has designed new mobile versions of fact sheets to help employers understand and follow labor, licensing and payroll tax laws. The fact sheets have been designed for employers in specific industries including: Agriculture, Automotive, Construction, Garment, Landscaping and Restaurant.
For Your Clients: The Obama Administration’s final overtime rule, published on May 18, will make an estimated 4.2 million new workers eligible for overtime pay. Salaried workers, making up to $47,476 annually, will get time-and-a-half payments for work over 40 hours in a week. The effective date is December 1, 2016.
For Your Clients: The Governor signed SB 269 (Roth). The bill gives small businesses (less than 50 employees) that hire a Certified Access Specialist time to take care of problems related to disability access before a lawsuit can be filed in California courts. It also allows some time to take care of problems with signage and warning strips. Note a suit in Federal courts is still allowed because a state cannot preempt the Federal government. It is hoped the Federal Court will take this as a good faith effort on the part of small businesses.
For Your Clients: On Monday, May 16, new SEC rules became effective allowing businesses for the first time to provide equity to investors through crowdfunding platforms. Given uncertainty in the funding market for startups, these new rules could be extremely useful to entrepreneurs. (Click for infographic published by the SBA’s Office of Advocacy.)
For Your Client: OFN has a new small business borrower education platform – Venturize.
For Your Client: As of January 1, 2016 California employers are subject to nine new laws. Thanks to Cutting Edge for this post and keeping us all informed.
For Your Clients: The U.S. Census Bureau recently released The Census Business Builder: Small Business Edition. It’s a tool that allows small business owners a way to easily navigate to and use key demographic and economic data to help guide their research into opening a new or expanding their existing business. These key data includes the most recent and/or relevant data that Census provides that are useful to small business owners.
For Your Clients: Banks are issuing new chip-enabled payment cards that are more secure. The deadline for phasing in these cards is October 1, 2015. Businesses need to install new card readers to process the information on the chips. Those that do not have the new technology in place by then will be on the hook for any security lapses or fraudulent transactions, instead of payment-processing firms.
For Your Clients: Six million young Americans are both out of school and out of work – a staggering number that contributes to weak economic demand. At the same time, small business leaders are struggling to fill job vacancies that are critical to both individual company success and overall economic growth. Small Business Majority has identified some best practices that will help address this problem while also benefiting small employers. Have your clients pledge to help youth employment and check out our best practices.
For Your Clients: The Affordable Care Act or ACA enacted comprehensive health insurance reforms designed to ensure Americans have access to quality, affordable health insurance. Check out the provisions for businesses with fewer than 25 employees and the self-employed.
Healthcare Info: Thanks to Small Business Majority for healthcare resources. Small business owners and the self-employed need to know how the Affordable Care Act will bring down costs, create a greater choice of insurance options, and the opportunities it offers to expand coverage.
For Your Clients: Small, nonfarm businesses in 35 California counties are eligible to apply for low-interest federal disaster loans from the U.S. SBA because of the drought.
For Your Clients: Small businesses are always looking for potential clients. Joe Molina, a CAMEO member, can provide a ‘Targeted Leads List’ that has businesses contact info, targeted by zip codes, geographical areas, time in business and number of employees. Your clients can then effectively market to those businesses that will be more likely to purchase his/her product and/or service. Contact Joe directly: firstname.lastname@example.org.
microTracker Relaunches: FIELD at the Aspen Institute is thrilled to announce the new microTracker.org, their nationwide database on US microenterprise development organizations. MicroTracker gives you the ability to explore, analyze, and compare data on microenterprise programs across the country. The new site is updated to give flexibility, better navigation, and more ability for downloading analysis.
Entrepreneur Tracker: Join the seven CAMEO members who are using FIELD’s Entrepreneur Tracker. The tool offers a credible, affordable way to collect and understand outcomes achieved by small business and microbusiness clients. Such outcomes include: Business start and survival rates, jobs, changes in revenue, hourly wages paid to workers, and client movement out of poverty. To discuss pricing and learn more about EntrepreneurTracker, please contact Lavanya Mohan.
Free Fundraising Tool: Take the Leaky Bucket Assessment for Effective Fundraising. By taking this Assessment, a nonprofit will have a better understanding of their fundraising resources and see where they stand in relation to other nonprofits.
New Resources: The Federal Reserve has two new resources regarding their work in community development – 1) a new community development web portal with information, resources, case studies, research, regional efforts, etc. and 2) Federal Reserve Community Development Perspectives: A summary of activities, insights, and future opportunities.