Industry Goodies

A list of current opportunities for training, conferences, funding, scholarships, and other information that have crossed our desks.

A list of current opportunities for training, conferences, funding, scholarships, and other information that have crossed our desks.

New Listings

Member Kudos: Comerica Bank announced a $2 million investment in Lendistry and California FarmLink to assist small businesses impacted by COVID-19.

Member Kudos: The San Diego and Imperial SBDC helped businesses access over $96 million in disaster capital since March.

New Research: The Urban Institute published An Early Assessment of Opportunity Zones for Equitable Development Projects.

New Research: The Federal Reserve conducted a survey on The Impact of COVID-19 on Low- to Moderate-Income Communities.

Member in the News: The Ukiah Daily Journal published an article on EDFC and the work that they do to help small businesses stay afloat during the pandemic.

New Research: NCRC published a white paper that proposes a new rating system to measure banks’ community development financing under CRA that could generate billions more for COVID-impacted neighborhoods.

CAMEO in Action: Carolina participated in CA FWD’s Regions Recover Together virtual event.

Member News: CRC, NCRC, and Democracy Forward sued the Office of the Comptroller of the Currency for unlawfully gutting anti-redlining rules under the Community Reinvestment Act.

For Your Clients: Ask your clients to take the Stanford Latino Entrepreneurship Initiative Survey, which measures the critical impact Latino entrepreneurs have on the U.S. economy.

New Resource: Outsmart Disaster 2020 helps businesses in California build resiliency for a wide range of disasters, including a pandemic.

New Research: JPMorgan Chase released a report on Small Business Financial Outcomes during the Onset of COVID-19.

Member Kudos: Congratulations to Opportunity Fund and Pacific Community Ventures, two of six CDFIs to receive grants from Google.org to serve minority-owned small businesses.

For Your Clients: SBA posted a revised PPP loan forgiveness application as well as a new EZ version.

For Your Clients: Low-interest federal disaster loans are available to California businesses and residents affected by civil unrest that began May 26, 2020.

For Your Clients: SBA’s Lender Match is a resource for pandemic-affected small businesses that have not applied for or received a PPP loan to connect with lenders.

New Research: Tricolor Auto Group, LLC released the white paper Responsible Lending in Subprime Automotive Finance.

PPP Updates: The Treasury Department released new guidelines on PPP loan forgiveness and loan review procedures.

Free Webinar: The recording of Accion’s webinar on PPP loan forgiveness is now available.

New Report: Facebook conducted a survey in partnership with the Small Business Roundtable of small and medium-sized businesses to gauge the impact of COVID-19.

New Report: The U.S. Census Bureau released the 2018 Annual Business Survey, providing data on minority- and women-owned businesses.

New Report: ICIC’s most recent paper discusses which communities are most vulnerable to economic collapse during the coronavirus crisis.

New Report: SBA Office of Advocacy published Small Business Facts: Early Data Show Severe Disruptions, providing information about recent developments amidst the pandemic.

New Resource: CDFI Friendly America shared their Toolkit to create a CDFI Friendly Small Business Emergency Assistance Fair.

New Research: Small Business Majority has released a California Poll which found that 92% of California’s small businesses have been harmed by COVID-19.

For Your Clients: CAMEO’s blog post on SBA’s EIDL program resources is now in Spanish.

For Your Clients: SBA released PPP guidance for individuals with self- employment income who file a Form 1040, Schedule C.

New Resource: The COVID-19 Federal Rural Resource Guide is a resource for rural leaders looking for federal funding and partnership opportunities to help address this pandemic.

New Report: The Federal Reserve published the report Can Small Firms Weather The Economic Effects of COVID-19?.

For Your Clients: Small Business Majority has three on-demand webinars on the COVID-19 stimulus packageloans for California small businesses, and financial aid for affected businesses (in Spanish).

New Report: The California Budget and Policy Center released a report analyzing the Coronavirus federal response package and its implications for Californians.


Take Action

The Federal Reserve COVID-19 CDFI Survey is live.

The CDFI Coalition is sponsoring a sign-on letter to the House and Senate leadership in support of $1 billion in additional appropriations for the CDFI Fund.

Your participation in the 2020 Census will be critical to building healthy, thriving communities across the country for the next decade. Complete your questionnaire at 2020census.gov

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.


Archived Listings

New Research: The Federal Reserve published 2020 Small Business Credit Survey – Report on Employer Firms.

Policy News: Read policy insights and recommendations on small business issues from the 2020 California Policy Summit on our blog.

New Report: SBA has released new data on SBA-guaranteed lending programs, featuring a customizable interface.

New Report: The National Coalition for Community Capital published a free Community Investment Fund Handbook.

For Your Clients: The Center for Responsible Lending is making available a Know Your Rights factsheet and a borrower survey in  English and Spanish to monitor any potential violations of AB 539, last year’s rate cap bill.

Member Kudos: 2020 marks the 40th anniversary of SBDCs being enacted into law. Happy birthday!

Member Kudos: The Department of Commerce awarded CAMEO member 3CORE a $1.8 million grant to establish a Revolving Loan Fund to assist businesses in disaster-impacted Northern California.

Professional Opportunities: Learn more about 3CORE’s Partner Lending Referral Network for businesses in the Rural North.

Free webinar: To learn about the Treasury Department’s CDFI Fund for FY2020 and how to apply, watch this webinar from Friedman Associates.

Member Kudos: Three CAMEO members (Uptima Business Bootcamp, Renaissance Entrepreneurship Center, and La Cocina) made the San Francisco Business Times’ Top 15 business incubators list.

New report: E2 published a report that explores the powerful connection between community quality of life and thriving entrepreneurial ecosystems.

New report: Causes Count: the Economic Power of California’s Nonprofit Sector – New Findings is a report that explores vital aspects of California’s nonprofit community.

Policy News: With the presidential primaries in full swing, we wrote a summary of small business plans from the top Democratic candidates.

Policy News: Governor Gavin Newsom submitted his proposed 2020-21 budget. Read about it on our latest blog post.

Member Kudos: Congrats to Emily Gasner who is a new member of the Working Solutions board of directors.

New Resources: Agility Recovery has two pandemic planning resources for small businesses: a seasonal influenza preparedness checklist and a pandemic tabletop exercise.

New Resources: Prosperity Now released a Communicating on Race and Racial Economic Equity Guide.

Policy News: The Responsible Business Lending Coalition released a statement on the proposed implementation of SB 1235.

Policy News: Independent Sector released a resource compiling each presidential candidate’s policy positions with regards to the nonprofit sector.

Policy News: Working Solutions CEO Sara Razavi is featured in an American Banker article on what’s at stake with the proposed changes to the CRA.

New Resource: Prosperity Now has released their 2020 Scorecard, featuring national, state, and local-level data on Americans’ financial health.

Policy News: Blue Avocado explains what AB5 means for nonprofits.

Member Kudos: A recent Forbes article features I-WE founder and former CAMEO CEO, Claudia Viek, and cites her organization’s research on women business owners.

New Resource: TechSoup published their Nonprofit Tech Trends for 2020.

Industry News: Condolences to SBA San Francisco District Office who recently lost colleague Michael Chong.

Industry News: The Senate has voted to confirm Jovita Carranza as the new SBA Administrator. CAMEO signed a coalition letter in support of the nomination.

New Resource: SBA Office of Advocacy released a fact sheet on the growth in number of rural business establishments.

CAMEO in the News: Our VP of Programs and Policy, Heidi Pickman, wrote an op-ed for the Santa Cruz Sentinel on what to do about declining entrepreneurship in rural areas.

For Your Clients: Public Private Strategies and AARP launched the Small Business Caregiving Guide, a free online resource that helps small business owners create a caregiving-friendly workplace.

Industry News: Fundera released their Election 2020 Survey results which show that, though they are split on the candidates, small business owners agree on key issues.

Member Kudos: CalAsian Chamber earned a $1 million state grant to expand technical assistance for rising businesses.

Member Kudos: Congrats to CAMEO members who received CDFI Awards: Accion San Diego, CA Capital, Mission Community Loan Fund (MEDA), Opportunity Fund, PACE, Women’s Economic Ventures.

For Your Clients: SBA published “5 Ways to Kickstart Your Small Business This National Entrepreneurship Month.”

New Resource: The Federal Reserve’s current issue of Consumer & Community Context features three articles that focus on small businesses’ access to capital.

Industry News: Senator Ron Wyden introduced legislation to create two new tax incentives designed to unlock the growth potential of women and minority-owned businesses.

Member News: IWEI CEO Claudia Viek (and former CAMEO CEO) co-wrote an op-ed in The Hill on capital access for women entrepreneurs.

Member Kudos: Congratulations to Working Solutions CEO Sara Razavi on being elected to the OFN board!

Free Webinar: Prosperity Now has made available the slides and recording from their recent webinar, “Challenges and Opportunities Facing Entrepreneurs of Color.”​

CAMEO News: Our CEO, Carolina Martinez, is part of the 2020 CALED Conference Steering Committee.

Member Kudos: Bixel Exchange and UCI Beall Applied Innovation are two of the recipients of SBA’s 2019 Growth Accelerator Fund.

Member Kudos: The Association of Women’s Business Centers has honored Marsha Bailey, WEV’s Founder & CEO, by naming their national leadership Award after her.

New Resource: Download Agility Recovery’s disaster preparedness guide.