In 1988, Lupe Guerrero migrated to the US. She was in search of a better life for her and her two young daughters. After arriving in Berkeley, Lupe found a job at a taqueria where she worked 12-hour days, 6 days a week.
In this Must Know… Small Business Provisions in State Budget WE CAN – Union Bank support for women-owned businesses Impact of COVID-19 on Vulnerable Microbusinesses Join Advocacy Day – Virtual Edition on June 9, 2020. This week’s Goodie highlight are the virtual conferences coming up from our members! Small Biz Provisions in State Budget We enthusiastically support Governor Newsom’s
Last week, Governor Newsom unveiled the May Revision of his 2020-21 budget. The new budget adjusts spending priorities to combat the COVID-19 public health crisis and navigate the current economic fallout. Before the changes proposed in the May Revision, California faced a budget deficit of $54 billion. To close this gap, the measures taken in
Due to the current pandemic, most community lenders will write off more loans than usual in the coming months. At the same time, lenders want to adjust their write-off policies and procedures due to the dire economic circumstances faced by their borrowers. How can you support your clients to survive the crisis while preserving your
We know that each of you are responding to the pandemic and implementing programs and procedures to help your clients and serve the small business community. On the agenda: an update on federal policy from Ann Sullivan, a state policy update from Mark Herbert, and the inside skinny on what’s happening from Mark Quinn. We
In this Must Know… Join our Policy Update and Listening Session TOMORROW at 1:00pm PDT. Join us on May 18, 2020 at 1:30pm PDT for “Writing Off Loans.” MicroBiz Blog: Where Did The PPP Funding Go? Join Advocacy Day – Virtual Edition on June 9, 2020. This week’s Goodie highlight is a reminder from SBA for PPP lenders. Policy Update & Listening Session Join us TOMORROW at
Given these uncertain times, it’s essential to connect with our colleagues and stay abreast of important information and resources for LA’s small business community – especially our most vulnerable businesses. To that end, Entrepreneurship Advantage will hold regular meetups with our members to share COVID-19 resources, discuss challenges and strategies, and find ways to support
In January 2011, Erin Foate moved back with her parents after graduating with a degree in business. She had no job, no car, and was living off her savings. Her parents and (then) fiancé helped cover her bills. She developed a business plan for a dog daycare and pursued an initial start-up loan, but they turned her down. It was then that she was referred to the Inland Empire Women’s Business Center (IEWBC).
Today, California Governor Gavin Newsom announced the “Resilience Roadmap,” a detailed set of guidelines for modifying the state’s stay-at-home orders and beginning to reopen businesses in a safe manner. California will begin moving into Stage 2 today, May 8, with lower-risk workplaces opening gradually with adaptations to keep workers and customers as safe as possible.
The Paycheck Protection Program was designed to provide government-guaranteed forgivable loans to small businesses affected by the COVID19 crisis. The loans are meant to keep employees on payroll as well as keep up with mortgage and rent payments. The $349 billion allocated for the program ran out in less than two weeks, prompting lawmakers to