A list of current opportunities for training, conferences, funding, scholarships, and other information that have crossed our desks.
- For Your Clients
- Free Webinars
- Funding Opportunities
- New Reports
- New Resources
- Professional Opportunities
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.
Member Kudos: Prosperity Now founder Robert E. Friedman has a new book out, A Few Thousand Dollars: Sparking Prosperity, where he talks about the importance of building “nest eggs” to shape prosperous futures for all American families.
Member Kudos: La Cocina will be opening a Municipal Marketplace at 101 Hyde Street in San Francisco next year.
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.
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.
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.