Federal Policy

2018 Federal Legislative Priorities for Micro-business Development

Find out which federal agencies fund micro-business development.

FY2018 Budget numbers

  U.S. Department of Treasury– Financial Services and General Government Appropriations

Program FY18 – CAMEO Requests FY18 Omnibus
Treasury CDFI Fund $250 million $250 million
Treasury CDFI BGP $1 billion $500 million

   U.S. Small Business Administration– Financial Services and General Government Appropriations

Program FY18 – CAMEO Requests FY18 Omnibus
Microloan Program:  Lending $44 million $36 million
Microloan Program:  TA $31 million $31 million
PRIME $10 million $5 million
Women’s Business Centers $100 million $18 million
Small Business Development Centers $130 million $130 million

  U.S. Department of Agriculture– Agriculture, Rural Development and FDA Appropriations

Program FY18 – CAMEO Requests FY18 Omnibus
Rural Business Development Grants (RBDG) $35 million $34 million
Rural Microentrepreneur Assistance Program (RMAP) $3 million $0 million
Intermediary Relending Program (IRP) $19 million $8.829 million
Value Added Producer Grants $11 million $16 million

Priorities for advocacy at the federal level include:

  • Establish Core Performance Measures for entrepreneurship training in Workforce Innovation and Opportunity Act of 2014 (WIOA) to ensure access to funds for self-employment training and business technical assistance.
  • Work to maintain and expand SBA funding for technical assistance.
  • Work to expand SBA guarantees for non-bank CDFIs which would greatly increase capacity of CDFIs who serve micro-business.
  • Continually press for California CDFIs to get a fair share of funding through the CDFI Fund; help CAMEO members become more competitive for awards.
  • Promote technical assistance services as a key risk mitigator in microlending among all regulators and SBA.
  • Promote microbusiness development as a key strategy for economic success in California among all Senate and Congressional representatives.
  • Track and monitor priority policy issues relevant to micro-business development to ensure that CAMEO and its members are fully aware of all federal advocacy opportunities.
  • Track USDA’s new Rural Micro Enterprise Assistance Program to ensure California receives its fair share.