In this Must Know…
- Support our advocacy work by renewing your membership or joining us.
- Fill out Opportunity Fund’s survey on the definition of LMI.
- Remember Aubry L. Stone, a giant in the small business community.
- Register for Microlending Essentials in LA on February 20-21, 2019.
- SBA is making low-interest federal disaster loans available to California businesses and residents affected by the wildfires.
- The Goodies – This week’s highlight is a reminder to shop local for the holidays – check out our members’ gift guides.
Support Advocacy. Renew Your Membership.
We know you value the advocacy work that we do. This year, we had quite a few successes.
Securing a $23 million state investment in small business development and passing the first Truth-In-Lending bill for small businesses in the country are two examples of our work to advance the cause of micro-entrepreneurship.
CAMEO also supported SB946, the statewide effort to decriminalize street vending. This week the Los Angeles City Council issued the regulations to make street vending legal in LA, following a decade of advocacy from many organizations, including CAMEO member LURN.
Such achievements would not be possible without your contributions. Keep the wheels of advocacy turning by renewing your membership or joining us and making an additional advocacy donation.
Definition of LMI – CRA or HUD?
Go past the alphabet soup and fill out this quick three question survey by December 19, 2018. It will take you less than 2 minutes to fill it out.
Are you using the CRA definition or HUD definition or something else to talk about your clients? Our friends at Opportunity Fund would like to understand which definitions their peers are using to report on their lending to low- and moderate-income (LMI) clients. They are focusing on the income of the business owner, not on the income of employees nor on the income of the census tract.
Remember Aubry L. Stone
Aubry L. Stone, a giant in the small business community and President and CEO of the California Black Chamber of Commerce died peacefully in his sleep last week. Mr. Stone was committed to public service and economic development in the Black community. He was a good friend of CAMEO and will be missed. Our thoughts go out to his family. The funeral will be at the Calvary Christian Center on December 8, 2018.
- Opportunity Finance Network and Landit designed a training program for women in CDFIs. Applications are due TODAY, December 7, 2018.
- Nonprofit Learning Lab’s Nonprofit Institute will take place in Los Angeles on January 15, 2019
- Early bird registration is open for the 2019 #JustEconomy ConferenceMarch 11-13, 2019
For Your Clients
- Your clients need to fill out the Federal Reserve’s Small Business Credit Survey by December 21, 2018. SO important!
- Small Business California’s 2018 Small Business Survey is open for your clients to fill out on the business climate in the state.
- Small Business Majority is hosting a series of free webinars to explain how the changes to the ACA affect small businesses.
- The National Women’s Business Council wrote a report that profiles millennial women entrepreneurs.
- A new report produced by Asset Funders Network reveals the growing economic fragility of single women 45-65 years of age.
- USDA Rural Development has funds available in their Business & Industry Loan Guarantee Program.
- Please fill out this survey – GoBiz‘s Technical Assistance Expansion Program – by December 10, 2018.
- The deadline to overturn the FCC’s net neutrality repeal is days away. Tell lawmakers to take action.
- Jobs: Renaissance Entrepreneurship Center, Mission Community Services Corporation, Credit Builders Alliance, Santa Cruz SBDC, Women’s Economic Ventures, Pacific Community Ventures, and CalSavers are hiring!