In this Must Know…
- Upcoming National CDFI Academy Trainings
- Working Solutions’ Titi Ikhile Running for OFN Board
- Federal Reserve’s New Report on Nonemployer Firms
- Encourage your clients to complete the Federal Reserve’s 2025 Small Business Credit Survey
- CAMEO in the News: Carolina Martinez was interviewed for an AZ Central story on Latino entrepreneurship
- This week’s Goodie Highlight is the signing of AB 1318 (Bonta) into law, which safeguards nonprofits from politically motivated efforts at the federal level that could block access to state resources.
National CDFI Academy
CAMEO Network’s National CDFI Academy builds the professional capacity of microlending CDFIs across the country by providing staff and board members with high-quality training that enhances their lending knowledge, skills, and effectiveness.
Don’t miss the National CDFI Academy’s upcoming 2025 trainings:
- October 30, 2025 at 10:00am PT / 1:00pm ET – Loan Approval and Loan Committee (Part of Series 1: Microlending Origination and Portfolio Management)
- November 4, 2025 at 10:00am PT / 1:00pm ET – CECL Implementation for CDFIs
- November 6 to December 4, 2025 at 10:00am PT / 1:00pm ET – Series 2: Microlending Origination and Portfolio Management
Working Solutions’ Titi Ikhile Running for OFN Board
Titi Ikhile, Working Solutions CDFI’s Chief Program Officer and Acting Chief Lending Officer, is running for OFN Board as CEO Sara Razavi terms off. Titi is running to offer continued insights of a small business practitioner and microlender and to represent the voice of the West Coast members.
With the CDFI industry at a watershed moment, Titi’s focus is to harness the Power of the Collective.
Federal Reserve’s New Report on Nonemployer Firms
The Federal Reserve’s latest 2025 Report on Nonemployer Firms, based on the 2024 Small Business Credit Survey, highlights the experiences of nonemployer firms preparing to hire their first employees. These “potential employers” are more likely to seek financing—but face higher denial rates than firms not planning to hire.
Help the Federal Reserve continue to gather this important data! Ask your clients to complete the 2025 Small Business Credit Survey.
The Goodies
Industry News
- Governor Newsom signed AB 1318 (Bonta) into law, which safeguards nonprofits from politically motivated efforts at the federal level that could block access to state resources.
- The Small Business Administration is accepting nominations for the 2026 National Small Business Week Awards. Nominations are due December 8, 2025.
For Your Clients
- Mission Edge’s Impact Lab is offering a free workshop on financial literacy for early-stage entrepreneurs in San Diego, on October 22, 2025 at 11:00am PT.
- The Center for Rural Affairs’ recent blog post explores how the USDA’s Value-Added Producer Grant (VAPG) program can help small agricultural businesses.
Other Goodies
- Virtual Event: CalNonprofits will host a town hall with Senator Adam Schiff on October 22, 2025 at 11:00am PT to discuss the federal threats to nonprofits.
- Jobs: Americans for Financial Reform Education Fund, the DFPI, Accion Opportunity Fund, and TMC Community Capital announced new jobs recently. See who else is hiring!