Category: Must Know

In this Must Know… Responsible Business Lending – SB 33 Update After its hearing at the Senate Judiciary Committee, SB 33 (Glazer) passed with 10 Ayes and 0 Noes. The bill now goes to the Senate Appropriations Committee (date TBD). Thank you to everyone who called in to express their support! If it becomes law, this bill

In this Must Know… State Policy Update – A Win SB 33 passed out of the Senate Banking Committee on a vote 6-0 with one abstention. It will be heard in the Senate Judiciary Committee on April 11 – please call in to support! It’s easy but important. You say your name, organization and “I support

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

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

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

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

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

Dear Daniela, In this Must Know… The Need for An Equitable Small Business Recovery The pandemic was not kind to business owners of color. A McKinsey analysis found that “4% of businesses run by black Americans are still in business after 3.5 years compared with the national average of 55.5%.” As we move deeper into the recovery

In this Must Know… Strategic Management Framework Courses for CDFIs Last fall, at the Clinton Global Initiative 2022 Meeting, CAMEO made a commitment to develop and launch a National CDFI Academy that would provide professional training and resources to thousands of CDFI staff members across the country. We are very excited to see the first major track

In this Must Know… 2023 State of the Union On Tuesday night, President Joe Biden delivered his second State of the Union address before Congress. As expected, the President focused on post-pandemic economic recovery along with his administration’s accomplishments and future plans. With regards to small business, he mentioned the 10 million Americans who applied to