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The Need for an Equitable Small Biz Recovery | Connect with Small Biz Seeking TA

Dear Daniela,

In this Must Know…

The Need for An Equitable Small Business Recovery

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The pandemic was not kind to business owners of color. A McKinsey analysis found that “4% of businesses run by black Americans are still in business after 3.5 years compared with the national average of 55.5%.” As we move deeper into the recovery phase, we must understand that some businesses, including many socially and economically disadvantaged businesses, remain in the relief phase. The past two years have also seen record numbers of businesses start, especially by business owners of color.

Investing in small businesses is a priority; and investing in BIPOC businesses and their owners is an imperative. 

To this end, CAMEO has released a white paper detailing California’s small business response from 2021-2022 as well as an advocacy toolkit to push for investments in the entrepreneurial ecosystems and policy moves that put us closer to an equitable recovery.

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Webinar: Connect with Small Businesses Seeking TA

Connect2Capital (C2C) has built a portal for small business development organizations to connect with entrepreneurs searching for loans and/or technical assistance. 

On March 8, 2023 at 2:00 pm PST, CAMEO will be hosting a webinar with Charlotte White Canter, Program Manager for C2C. Charlotte will take us through the new portal and answer any questions for those of you interested in providing TA/business services to applicants.

National CDFI Academy

Strategic Management Framework Courses for CDFIs

We are very excited to see the first major track of the National CDFI Academy come to fruition. Our Strategic Management Framework Courses will take place from March 15 through April 5, 2023 as a four-course series.

The first course, Overview of a CDFI Strategic Management Framework, is offered as a standalone course as well.

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  • Jobs: CAMEO, PACE, CIELO, Renaissance, Accessity, and CIBC announced new jobs recently. See who else is hiring!