Industry Goodies

A list of current opportunities for training, conferences, funding, scholarships, and other information that have crossed our desks.

A list of current opportunities for training, conferences, funding, scholarships, and other information that have crossed our desks.

New Listings

New Resource: The National CDFI Directory is now available on the Richmond Fed’s website.

Professional Opportunity: CalNonprofits offers its members free or discounted sexual harassment training.

Professional Opportunity: The Local Foods, Local Places program provides communities with planning assistance to promote local food and neighborhood revitalization. 

Member Kudos: California Capital is featured on Wells Fargo’s national website with a great story about one of their clients and the work that they do with and for small businesses.

New Report: Asset Funders Network released a new brief that explores how the gender wealth gap impacts women and provides responsive strategies and best practices to create greater economic security for women.

Professional Opportunity: CAED’s Memorial Scholarship Fund helps people receive economic development training or certifications. Scholarships are available until funding is depleted.​​

Report: JEDE’s “Fast Facts on the California Economy” has been updated with 2018 GDP and May 2019 unemployment data.

Report: Building Inclusive Ecosystems with Intentionality,” by the D.C. Women Founders Initiative.

Industry News: Riverside is the first county in the U.S. to issue permits for micro enterprise home kitchens.

Member Kudos: Centro Community Partners was named one of the recipients of the Techstars Foundation 2019 Grant to develop and support underrepresented entrepreneurs.​​​​​​

New Infographic: “The Racial Wealth Gap” by ABPN.

New Report: “Building Entrepreneurship Ecosystems in Communities of Color” by the Federal Reserve of Kansas City. 


Take Action

Complete Small Business Majority’s survey to share your feedback on how access to capital impacts small business.

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.


Archived Listings

For Your Clients: Firestarter is Fundera’s free toolkit for entrepreneurs launching their business.

Policy News: Senators Cantwell and Rubio introduced the Women and Minority Equity Investment Act of 2019, which could spur more women- and minority-owned equity firms.

Member News: FIELD at the Aspen Institute is changing its name to the Business Ownership Initiative.

New Report: The Federal Reserve Bank of Chicago published a report on the performance of small businesses in low-to-moderate income neighborhoods after the Great Recession.

For Your Clients: NCRC is looking for small business owners with less than 25 employees to participate in their small business financing engagement research.

New Report: UnidosUS and PolicyLink released their joint report, The Future of Banking.

Member Kudos: Cutting Edge Capital was a finalist for NYU’s Grunin Prize for Law and Social Entrepreneurship.

Member News: Opportunity Finance Network published a feature on California FarmLink as part of Wells Fargo’s Diverse Community Capital program.

For Your Clients: The U.S. Census Bureau published a video for small business owners to learn how to access statistics about their market, customers, and similar businesses.

For Your Clients: The C.O.O.K. Alliance released a recording of their webinar for Home Kitchens, as well as a helpful infographic.

Member Kudos: The San Francisco Business Times has recognized PCV’s Mary Jo Cook as one of their2019 “Most Influential Women in Business.”

Member Kudos: The Aspen Institute profiled Opportunity Fund’s founder Eric Weaver as one of their 2018-2019 “Job Quality Fellows.”

For Your Clients: SB 1343 requires organizations with 5 or more paid staff to train employees on sexual harassment issues. The required training has to be completed by the end of this year. 

For Your Clients: SBA is looking for women business owners to participate in product beta testing of their new online learning platform.

Member News: NextCity has a new feature on place-based investing, highlighting the work Pacific Community Ventures has been doing thanks to an investment from the Federal Home Loans Bank.

Member Kudos: Congrats to Main Street Launch for securing a $2 million investment from Wells Fargo to support African American entrepreneurs.

Funding Opportunity: USDA’s B&I Loan Guarantee program is a fantastic stand-alone tool for lenders working to support rural businesses.

Member Kudos: Opportunity Fund released their five-year strategic plan in which they aim to invest $1.2 billion through partnerships with Lending Front and Funding Circle.

New Report: LISC published a report that analyses the CDFI industry and its trajectory of social impact investing. 

Member Kudos: Pacific Community Ventures, CDC Small Business Finance, and Opportunity Finance Network are partnering with CNote on its Wisdom Fund for women-owned businesses.

For Your Clients: Small Business Majority is looking for anonymous stories from real small business owners who have had to deal with predatory lending practices in the past. Make sure to let them know you heard about it from CAMEO.

New Report: The Federal Reserve Bank of Kansas City released a report titled “Black Women Business Startups” that aims to increase policymakers and economic developers’ understanding of this group of business owners.

Communications Resource: Hubspot curated a list of email marketing statistics for 2019.

New Report: Fund Consulting’s recent report examines the prevalence of women as leaders of CDFIs.

New Report: NTEN shared the findings of their first-ever State of Nonprofit Professional Development survey.

For Your Clients: A new CA law requires employers with five or more employees to provide sexual harassment training to all employees by January 1, 2020.

New Report: SBA’s Office of Advocacy published a fact sheet titled “Small Business Facts: Spotlight on Women-Owned Employer Businesses.”

Small Biz News: The Santa Clara County Board of Supervisors has declared March 20 as “National Small Business Development Center Day.”

New Report: Small Business Majority published a new report, “California Small Business Owners Support Policies to Expand Health Coverage Access and Lower Costs.

New Report: Asset Funders Network released a report that reveals the current economic reality for millennial women

New Report: Grameen America released the early results of a research study, “Microfinance in the United States.”

New Report: Upstart Co-Lab published the white paper, “The Community Reinvestment Act and the Creative Economy.”

Industry News: Linda McMahon has resigned from her position as head of SBA, effective April 12, 2019.

New Report: CDFI Coalition released a report showcasing the work of many CDFIs across the country (including several CAMEO members).

New Report: SBA’s Office of Advocacy published its Small Business Economic Bulletin for March 2019.

For Your Clients: BBVA Momentum is a training program for social entrepreneurs.

New Report: CDFA released a white paper on how traditional development finance tools can be used to demonstrate the viability of the food system as an asset class.

New Report: The SBA Office of Advocacy published a fact sheet titled “Small Business Facts: What Is the Status of Bank Credit to Small Businesses?

New Report: Square and Thumbtack surveyed over 900 female small business owners across the U.S. to better understand the gender stereotypes women face in their business lives.

For Your Clients: SBA announced the launch of the 2019 Emerging Leaders Initiative for executives of small businesses poised for growth in emerging markets.
 
New Resource: SBA Administrator Linda McMahon announced the launch of a digital platform for women entrepreneurs during 2019 National Small Business Week (May 5-11).

New Report: Babson College’s U.S. Global Entrepreneurship Monitor features a National Entrepreneurial Assessment. Read the 2019 report.

New Report: Prosperity Now released their 2019 Scorecard. This year’s Scorecard includes an expanded focus on racial economic inequality, while also highlighting the themes of financial assets and income; businesses and jobs; homeownership and housing; health care; and education.

New Report: The 2019 Roadmap to Shared Prosperity outlines the California Economic Summit’s plans to advance progress in the state.

Free Webinars: The IRS has released a series of webinars to explain the new tax reform provisions that affect small businesses.

Uplifting Watch: I Love Local Business and WEV released an inspiring video featuring small business owners in California’s 805, who were affected by recent disasters.

In the News: California’s new governor, Gavin Newsom, shouts out to small business in his inaugural speech.

For Your Clients: Beginning on January 1, 2019, the Employment Development Department (EDD) will be assessing penalties on businesses which do not electronically file certain tax forms.

New Report: The Aspen Institute published a new report that explores entrepreneurship pathways for opportunity youth.

In the News: The Aspen Institute wrote a blog post on “The Community Reinvestment Act and the Future of Financial Inclusion.”

In the News: The San Francisco Chronicle wrote a piece on how microlending organizations are reaching underserved entrepreneurs such as women and minorities.

New Resource: CalNonprofits has partnered with human resources expert ThinkHR to provide free tools and trainings to their members

New Report: Upwork released their 5th annual “Freelancing in America” report.

New Report: The Democracy At Work Institute and the U.S. Federation of Worker Cooperatives released a report on worker-owned businesses in the United States.

New Report: New research from the Federal Reserve Banks of Atlanta, Minneapolis, Richmond, and St. Louis examines CDFI partnership formation, development, and sustainability.

New Report: The Milken Institute and the SBA released a report on the outcomes of their Partnership for Lending in Underserved Markets initiative.

New Report: The National Women’s Business Council wrote a report that profiles millennial women entrepreneurs.

New Report: A new report produced by Asset Funders Network reveals the growing economic fragility of single women 45-65 years of age.

New Resource: Cutting Edge Capital just announced the launch of a new impact investing platform, SVX.US.

New Report: The SBA just released a report on access to capital for veteran entrepreneurs

New Resource: Prosperity Now has a comprehensive new resource, the “Financial Coaching Program Design Guide: A Participant-Centered Approach.” 

New Resource: CalNonprofits published an open letter to crowdfunding companies, calling for responsible practices in the industry.

Funding Opportunity: USDA Rural Development has funds available in their Business & Industry Loan Guarantee Program.

For Your Clients: The “Outsmart Disaster Challenge” offers a checklist for businesses to follow to become resilient in the face of a disaster.

New Resource: The Center for Responsible Lending released a documentary on South Dakota’s fight to end triple-digit payday interest rates.

New Resource: Check out FIELD’s new website filled with reports and data and microbusiness news.

In the News: State Regulators Sue to Block FinTech Charters.

New Report: Prosperity Now released a new report that explains how last year’s federal tax law exacerbates the racial wealth gap.

For Our Members: Opportunity Finance Network’s Jennifer Vasiloff wrote a blog post on What New Opportunity Zones Tax Incentives May Mean for CDFIs.

For Your Clients: The CalSavers website is now live!

For Our Members: LendingFront explains “How Small Business Lenders Can Get the Most From Fintech Innovations in UI and UX.”

New Report: The Chapman Institute recently released a report that explores how California is creating a feudalized society characterized by the ultra-rich, a diminishing middle class and a large, rising segment of the population that is in or near poverty.

New Report: A new National Consumer Law Center report, “A Larger and Longer Debt Trap?” examines the annual percentage rate (APR), including both interest and fees, allowed in each state and the District of Columbia for a $10,000 five-year loan. An APR cap is the single most effective step states can implement to deter abusive lending and ensure that families are not caught in a debt trap that’s nearly impossible to escape.

For Your Clients: Low voter participation is a serious problem, yet businesses have the tools to fix it. ASBC is launching its “Business for Democracy Campaign,” which encourages businesses to offer their employees time off to vote.

For Your Clients: American Express’ Shop Small Studio has a host of customizable marketing materials and other tools to get businesses ready for Small Business Saturday this November 24.

For Your Clients: October is National Women’s Small Business Month, and Small Business Majority is celebrating with a series of free national webinars for current and aspiring women small business owners.

New Report: A new paper from the Federal Reserve Banks of Atlanta and Cleveland shows that small black-owned businesses are more likely to have difficulties obtaining credit than companies owned by whites and are likelier to feel discouraged from applying for financing.

New Report: Asset Funders Network (AFN) recently released “Supporting Employee Financial Stability: How Philanthropy Catalyzes Workplace Financial Coaching Programs,” which shares innovative approaches employers believe increase recruitment and retention while impacting employee financial well-being.

New Report: The SBA recently released a report on small business lending based on data from banks. Surprise, surprise, The largest growth was in loans under $100,000, which grew by 7.0 percent from June 2015 to June 2016.

CAMEO in the News: Read CAMEO’s op-ed with Small Business Majority – Another Voice: Truth-in-Lending bill would benefit California’s small businesses.

Disaster Prep Resources: Download Operation Hope’s Personal Disaster Preparedness Guide and FEMA’s Emergency Financial First Aid Kit (EFFAK).

For Your Clients: Greenlining invites you to take the 2018 Survey of U.S. Latino Business Owners. Every year, the Stanford Latino Entrepreneurship Initiative (SLEI) surveys thousands of Latino business owners across the country to measure the critical impact Latino entrepreneurs have on the U.S. economy. Let your clients know that if they fill out a survey, they will have a chance to win a $50 Amazon gift card (for completed surveys).

Advocacy Tool: Prosperity Now has an Advocacy Center where you can find information on your legislators and how they voted on issues that affect small business and the asset building community. 1. Visit their Advocacy Center. 2. Click the “My Legislators” button. (If you are new to the Advocacy Center, enter your contact information on the next page.) 3. Select the legislator from the drop-down menu (state and federal legislators are listed) and explore.

For Your Clients: Download a CalSavers brochure that explains California’s new retirement savings program for private sector workers.

New Report: The new 2018 State of Women-Owned Businesses Report commissioned by American Express does a fantastic job of measuring successes. Four out of every 10 businesses in the United States is now women-owned. It also shows us the challenges. Women-owned businesses still see only 4.3% of total revenues and 8% of all employment.

New Report: Accion and Opportunity Fund conducted a study to understand how small businesses perform after receiving capital from mission-based lenders. They tracked 500 clients to observe sustainability, sales, profit, and employment capability. Some of the highlights: the majority of small businesses that obtain loan funds from mission-based lenders remain in business 2-3 years after receiving capital; over 50% increased in sales and profits; small business owners who received loan funds experienced increased feelings of competence and confidence. The findings present a case for the importance of mission-based lenders to the goal of creating financial inclusion for underserved entrepreneurs.

For Your Clients: Samaschool’s 1-hour Gig Economy Essentials training is newly available on the web to anyone! It covers critical topics like freelancing vs. employment, where to find freelance work, and how to attract clients.

New Resource: 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.

Partner Resource: The California Reinvestment Coalition has released a guide for banks on how to better serve immigrant communities.

New Report: Emergent Research released “MBO Partners State of Independence in America,” a study which offers insights into the growth of the independent workforce.