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This Week in Washington

The House passed five bi-partisan small business bills earlier this week including reauthorization for the Women’s Business Center Program and SCORE and improvements for the Small Business Development Centers. A list is below of the small business bills that passed. They will now move to the Senate. H.R. 6454 – Small Business Advocacy Improvements Act of 2022 (Rep.

Take Action: Support Federal TILA

Please support Small Business Lending Disclosure Act of 2021 (HR 6054 / S 3235). This federal bill, based on the BBoR, would ensure that all small businesses seeking financing have the information they need to make informed decisions. Timely Action Needed in the House: The House bill, H.R. 6054, is on the docket of the House Financial Services Committee

CDFIs Help Communities of Color

CDFIs Can Do More With a Few Changes to the Program Thanks to Addison Peterson, CAMEO’s Policy Specialist Two CAMEO members, Luz Lopez Urrutia, the CEO of the Accion Opportunity Fund, and Everett K. Sands, the CEO of Lendistry  testified on Wednesday February 16, 2022 at a virtual House Committee on Financial Services hearing titled

Entrepreneurship Advantage January 2022 Virtual Meetup

About Entrepreneurship Advantage is a Los Angeles-based collaboration that is passionate about helping entrepreneurs thrive. We kicked off January with a small business panel from various industries, e.g. beauty, e-commerce, food, and more. Check out the recording to learn how they pivoted due to the pandemic, what they learned in 2021, what they would like

Doordash and Mindbody Enter MCA Arena

Takeaways: Beware of new cash advance schemes!  Respected platforms are entering the small business financing business – make sure your clients know how those products will affect their cash flow. DoorDash, the company known for its app based food delivery services is offering a new service to restaurants – merchant cash advances (MCAs). DoorDash says

Omicron Checklist for Employers

Enhanced Protections to Help Meet This Moment From our colleagues at Health Action Alliance. Legal battles aside, employers in most states are still free to move forward with their own vaccine requirements. Employer-initiated vaccination requirements were, in fact, the basis for OSHA’s rules, and these requirements have been extraordinarily effective at raising vaccination rates. New data from United Airlines show how those vaccination rates

California FY 2022-23 Budget Take One

2021 what a year! The state of California invested billions in small businesses during the COVID-19 pandemic at levels the state has never done before. As Governor Newsom announced on Monday at his press conference on his proposed 2022-23 California state budget, the state is continuing its small business assistance by continuing existing programs at

Reforms to Increase Equity and Level the Playing Field for Underserved Small Business Owners

The federal government is the largest purchaser of goods and services in the world, buying everything from software and building construction to financial and asset management—making its procurement a powerful tool to advance equity and build wealth in underserved communities. Despite this, less than 10 percent of federal agencies’ total eligible contracting dollars typically go

CAMEO Annual Member Meeting

Thank you for those that attended our CAMEO Annual Member Meeting! We appreciate you taking the time to listen to our 2021 highlights and plans for 2022. We couldn’t do the work that we do without all of you, our staff, and amazing board members.  Thank you Jesse Torres, our CAMEO Board President from ArroyoWest LLC