Brenda Buenviaje had worked as a chef for years but lacked business experience. When she wanted to open her own restaurant in 2007, not just banks turned her down but “friends, co-workers, my own parents were like, ‘No thank you,’” she said. Opportunity Fund said yes, taking out a lien against her condo to secure the $100,000 loan.
Month: February 2019
House Small Business Committee Holds First Hearing of 2019
Thanks to Jennifer Mangone, Madison Services Group (our folks in DC) for this write up of this week’s House Small Business Committee hearing. House Small Business Committee Holds First Hearing of 2019 By Jennifer Mangone Despite the 116th Congress being sworn in on January 3, the partial government shutdown caused a bit of a
Gig Economy Webinar; CAMEO Staffing Changes; and the MicroLenders Forum
February 7, 2019
“I Love Local Business” Initiative Aims to Revitalize Business Communities Impacted by Thomas Fire
Last winter’s Thomas Fire and the subsequent debris flows in Montecito left a heavy impact on residents and businesses in Santa Barbara and Ventura counties. But, since day one, communities in the area have rallied around those affected and worked tirelessly to make sure the counties’ economies bounce back. One of these efforts is the
Research on African American Entrepreneurship
According to Prosperity Now’s 2019 Scorecard, 19.1% of white residents in the U.S. are business owners compared to 14.4% of black residents. Though that difference might not seem large, the data also shows that white-owned businesses are valued more than 8 times higher than black-owned businesses. These are just a couple of data points that