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As you might already know, the SBA has a new program that will allow mission-driven lenders to have access to 7a loan guarantees for loans under $250,000. Learn who’s eligible, how to apply and how the program will be evaluated.

House of Representatives Committee on Small Business proposes additional cuts for SBA programs (in addition to President Obama’s suggestions): * An additional $2.5 million reduction on microloan technical assistance; * Termination of the Women’s Business Centers; * Elimination of funds for Veterans Business Outreach Centers; * Elimination of the SBA’s Office of Native Affairs; *

President Obama’s proposed budget cuts for 2012 (beginning October 1, 2011) that will affect our industry: * The elimination of the SBA PRIME Program; * A $12 million reduction in funding for technical assistance under the SBA’s Microloan Program, from $22 million in FY2010 to just $10 million for FY201; * A 7.5% cut ($300

The Association for Enterprise Opportunity asked members to submit testimony to the Subcommittee on Financial Services and General Government, House Appropriations Committee about the FY2012 Small Business Administration Budget So here it is… Chairwoman Jo Ann Emerson and members of the Sub-committee, thank you for the opportunity to submit testimony about an issue of crucial

Congress voted to pass a FY2011 budget that includes $38 billion in cuts today and President Obama is expected to sign it. Here’s the nitty gritty courtesy of our friends at CFED – the bolded items will affect CAMEO members. Department of the Treasury The Community Development Financial Institutions Fund (CDFI Fund) will receive $227

The CAMEO staff, Claudia, Shufina, Christine and Susan, congratulate all of our members for their hard work that produced great outcomes during these difficult times. The businesses you assisted in 2009 supported 47,000 jobs, most of them created over the past 36 months. Who else can say they are stimulating California’s economy this way?! CAMEO’s