In this Must Know… Take Action: Support SB 33 SB 1235 authorization runs through January 1, 2024. By eliminating the 2024 sunset date for SB 1235, SB 33 would guarantee transparency for businesses and certainty for providers that the required financing disclosure rules implemented in December 2022 will remain in place. The Senate Banking Committee will have a hearing on SB
Washington, D.C. March 28, 2023 – CAMEO commends the Biden-Harris administration’s announcement that the Small Business Administration (SBA) will expand the Women’s Business Centers network to 160 centers across the country. The White House’s pledge, made yesterday at the second annual Women’s Business Summit at the White House, will help connect women entrepreneurs to critical
In this Must Know… 2023 CAMEO Summit Join us June 7-8, 2023 in Sacramento, CA for the 2023 CAMEO Summit, “Strengthening the Entrepreneurial Ecosystem to Close the Wealth Gap.” Early Bird tickets will be available until May 1, 2023. On June 7, Advocacy Day, we’ll hear directly from policymakers and advance the interests of our entrepreneurial communities. On June 8, Microlenders
After a trip to Ethiopia to visit family, Dagne Tedla brought a leather messenger bag as a gift for his daughter Xiomara. After countless compliments and inquiries from friends and strangers about the bag, Dagne suggested the two should start a business. Initially, Xiomara resisted as she was focusing on her corporate career and busy personal life. Soon after, friends and co-workers asked when Dagne was heading back to Ethiopia and asked if they could place pre-orders!
Our hearts go out to our members and their clients whose communities have been devastated by recent flooding. If there are needs we can pass on to our funders, please let us know. In this Must Know… Take Action: Support SB 33 SB 1235, passed in 2018, extended truth-in-lending disclosures to small business financing, allowing business
Last year, the U.S. Department of Treasury awarded 27 California CDFIs nearly $11.5 million. The financial assistance (Base-FA) awards of up to $1 million allow CDFIs to lend capital, loan loss reserves, capital reserves, financial services, and development services. The Technical Assistance (TA) awards of up to $125,000 are used for capacity development to purchase
In this Must Know… Next Week: Strategic Management Framework Courses CDFIs need a robust strategic management framework in order to achieve a strong performance and reach their service goals. To this end, CAMEO’s National CDFI Academy created the Strategic Management Framework Course Series for CDFI senior staff and board leadership. The four-course series will be offered over
The 2023 CAMEO Summit will take place June 7-8, 2023 in Sacramento, California. The two-day event will include Advocacy Day, where you can connect with California legislators and policymakers; and the Microlenders Forum, where we’ll discuss the most salient issues facing our industry. Big thanks to Wells Fargo, Ampac Business Capital, CIBC, Umpqua Bank, and Lenderfit for
In this Must Know… CAMEO Is Moving to A New Office After many years at Hallidie Plaza, CAMEO is moving! Our new address is: CAMEO Two Embarcadero Center, 8th floor San Francisco CA 94111. Please make a note of our new address for your records. And come visit! Upcoming CAMEO Events This month, CAMEO is
Lashawnda Scaccianoce has been passionate about food and feeding people since she was young. In fact, she was only 11 years old when she had her first catering “job”. As a mother of 5 children, she has always participated in her community. She has served on school PTOs and volunteered with various community-based organizations, including the Rotary and Children’s Services Network. In her previous career, she was a pre-school and substitute teacher.