New Address: Two Embarcadero Center, 8th floor, San Francisco, CA 94111     

CAMEO Members Benefit from Government Stimulus

CAMEO members throughout the state are putting government funds to work to stimulate new businesses and jobs for their communities. These organizations have shown leadership in their commitment to scale up their lending or business assistance programs to serve the increased demand– from businesses abandoned by the banks or struggling during the Recession, or by the unemployed and underemployed seeking to create their own jobs. CAMEO actively advocated in Washington DC for these increases and we are proud of the role MDOs are playing in the economic stimulus.

Congratulations to our members who have recently received the following awards:

CDFI Fund in 2010

Opportunity Fund (Bay Area)
Working Solutions (Bay Area)
Mabuhay Alliance (San Diego)
Arcata Economic Development Corp. (Rural North)
Santa Cruz Community Credit Union (Central Coast)
Valley Economic Development Corp. (LA)

Total Funding: $3,764,000

SBA Micro Loan Funding

Arcata Economic Development Corp. (Rural North)
OBDC Small Business Finance (Oakland)
Opportunity Fund (Bay Area)
Working Solutions (Bay Area)

Total: $1.9 million


Mission Economic Development Agency (MEDA) (San Francisco)
El Pajaro CDC (Central Coast)

Total: $500,000

USDA Rural Microentrepreneur Assistance Program (RMAP)

Valley Small Business Development Corp.
Fresno CDFI

Total: $1.2 million