In this Must Know…
- The California FY 2023-24 budget was finalized, and small business programs saw a stable budget with few cuts.
- Become a SBCS partner! Find out how in this informative session by the Federal Reserve, on July 12, 2023 at 1:00 pm PT.
- CAMEO in the News!
- CAMEO is hiring a VP of Finance and Operations. The deadline to apply is TODAY at EOD.
- This week’s Goodie Highlight is the SBA Cyber Summit 2023, taking place every Wednesday in October.
Small Business Investments Hold Steady in California Budget
The California FY 2023-24 budget was finally finalized. This year included steep cuts overall, but small business programs saw a stable budget with few cuts. Some highlights:
- The Technical Assistance Expansion Program received $23 million to support SBDCs.
- The $50 million for the CA Investment and Innovation Program remains intact.
- GO-Biz will see an overall $9 million increase to $79 million.
- The CA Small Agricultural Business Drought Relief Grant program increased $25 million for a total of $100 million.
Become a SBCS Partner
The Small Business Credit Survey (SBCS) is a national survey conducted by the Federal Reserve that provides a detailed look at performance and financing conditions from the perspectives of small business owners. The SBCS is the largest national dataset of its kind and is only possible thanks to a national network of partners who help promote the survey to the small businesses they work with. Join the Federal Reserve on July 12, 2023 at 1:00 pm PT for an Information Session to learn what’s involved with being an SBCS partner, hear from past partners, and find out how it can benefit your organization.
CAMEO in the News
- Carolina is quoted in a recent Forbes article on “Questions for business owners to ask before seeking capital.”
- Heidi was a guest in CALED’s Economic Development podcast on “Understanding community culture and building trust in relation to economic resiliency and disruption.”
- Board member Jesse Torres was also a guest in CALED’s podcast, on “Helping businesses plan for and recover from economic disruptions.”
The Goodies
For Your Clients
- The Small Business Growth Fund provides recipients with up to $25,000 in grants. Applications close July 21, 2023.
- The SBA Cyber Summit 2023 will take place every Wednesday in October. Experts from the cybersecurity and business worlds will share best practices and practical tools to help small businesses.
Virtual Events
- The Center for Responsible Lending will host a panel on increasing transparency in small business lending on July 17, 2023 at 9:45 am PT.
- ICYMI: Working Solutions hosted a virtual conversation with the grandmother of Juneteenth, Ms. Opal Lee, and CalOSBA Director Tara Lynn Gray. The recording is now available.
Professional Development
- The Dr. Beatriz María Solís Policy Institute (SPI) is a policy advocacy and leadership training fellowship. Applications close on July 19, 2023.
- CalNonprofits is seeking candidates for its Board of Directors. Nominations are open through July 31, 2023.
Other Goodies
- Food for Thought: This TEDx talk by Ernesto Sirolli offers an interesting perspective on entrepreneurial training and helping entrepreneurs.
- Jobs: CAMEO, the Treasury Department, and ESO Ventures announced new jobs recently. See who else is hiring!