Yordanos Asmelash Haile, Asmara Cafe

Asmara Cafe specializes in traditional brewed Eritrean and Ethiopian coffee and food such as chicken kilwa, foule and sambusas. Owner Yordanos Asmelash Haile is a first-generation American having immigrated to the U.S. from Eritrea in East Africa. She aims to highlight her cultural flavors through the menu at her coffee shop.

Increasing Transparency in Fintech Takes the State in Congressional Hearing

On July 13, 2022 the U.S. House of Representatives Small Business Subcommittee on Oversight, Investigations, and Regulations held a hearing titled: “Fintech and Transparency in Small Business Lending.” Fintech is the technology and innovation that are changing the way banking and lending are done. Traditional loans from traditional banks take weeks to complete, not hours

Economic Opportunity Coalition

Last week, the White House announced the Economic Opportunity Coalition, a solid step to help underserved communities. The federal government and a coalition of 24 companies and foundations are aligning historic investments in underserved communities. The EOC members have made significant commitments across each of its four focus areas, including a number of investments since

Small Business Lending UDAAP Protections!

Thanks to our colleagues Amyra Hassan and Louis Caditz-Peck (Lending Club and CAMEO board member) of the Responsible Business Lending Coalition for this post. Exciting news! Last year, you joined the Responsible Business Lending Coalition in a comment letter supporting the California Department of Financial Protection’s (DFPI) efforts to provide financial protection for small businesses. That letter

Final 2022-23 State Budget (AB/SB 178/193) for Small Business

Whew we are halfway through 2022! This year Governor Newsom and the state legislature have given us plenty to be proud of as the final budget for the 2022-23 year awaits the final vote and signature. At the same time, the budget falls short in several places. The good news is that the state is

CAMEO Coming to Your Region

Over the last two months CAMEO has hosted regional meetings for our members with state legislators and their staff in Central Coast, Sacramento, Santa Barbara, and San Diego. In addition to the excitement of seeing most everyone in person, these meetings have been fruitful, allowing small business owners and providers to develop relationships with their

AB 2314 Moves

Download a Letter of Support for AB 2314 DATEThe Honorable Cottie Petrie-NorrisCalifornia State Assembly, AD 74P.O. Box 942849Sacramento, CA 94249-0074 Re: AB 2314 (Petrie-Norris) Small Business Borrower Bill of Rights – SUPPORTDear Assemblymember Petrie-Norris: On behalf of [Organization], I write in strong support of AB 2314, which would require anycommercial financing products that leverage state funding—such

Trust & Access to Capital

Survey collected from our colleagues at Reimagine Main Street. The last two years have taken a tremendous toll on small businesses and challenges persist for many entrepreneurs. Small businesses that do not have a financial cushion or a source of external financingremain at risk. Against this backdrop, Reimagine Main Street sought to better understand capital

Workforce Mental Health Playbook

From our colleagues at Health Action Alliance During Mental Health Awareness Month, the Health Action Alliance, in partnership with the Ad Council, One Mind and Mental Health Action Day, launched a brand new Workplace Mental Health Playbook –– a comprehensive guide to help organizations meet today’s unique workplace mental health challenges. Here are five ways this new resource

California FY22-23 May Revised Budget

California expects a record budget surplus of nearly $100 Billion. GRANTS New programs $500 million one-time General Fund in 2022-23 for the California Small Business Hard-Hit Industries Grant Program administered by the Office of the Small Business Advocate (CalOSBA), within GO-Biz, to provide additional relief to those small businesses most affected by the pandemic. This