Help Unemployed BYOB-Be Their Own Boss

CAMEO Initiates Campaign to Help Unemployed BYOB-Be Their Own Boss! and Start Their own Small Business!

This Labor Day CAMEO, the California Association for Micro Enterprise Opportunity, wants to celebrate by recognizing those people who are employed by their own sweat and hard work, the self-employed who create their own small businesses.

San Francisco, CA (PRWEB) August 30, 2012

The workforce is changing. Climbing the corporate ladder is no longer a sure thing. Self-employment is a labor market trend and has grown by 28 percent from 2003-2008, according to the U.S. Department of Labor. The federal government has recognized this trend by passing a $35 million Self-Employment Assistance (SEA) Program that was tucked into the payroll tax-unemployment extension bill passed in March of this year.

The federal government has set aside $35 million for states to implement a SEA program and help unemployed become their own boss and start their own small business. If California implements a program it will receive at least $5.3 million in federal money.

Under the SEA program, unemployed workers will be able to receive or maintain their unemployment insurance benefits while they start their own small businesses – a full-time job in its own right – without having to look for other full-time work. Currently, in California this is not the case.

“We initiated the Help Unemployed BYOB campaign, because California’s unemployment rate continues to remains high, higher than the national average,” said Claudia Viek, C.E.O. of CAMEO. “If the unemployed can’t find a job, they can create their own. California needs to apply for these federal funds and train the unemployed to become their own boss.”

California has had double digit unemployment for more than three years. In this time of persistent high unemployment, we need to do everything we can to encourage job creation. We must recognize and embrace the fact that self-employment creates at least one job per start-up that is for the owner, and creates jobs for others over time.

Social media will play a crucial role to raise awareness about the importance of helping the unemployed create their own job. The first step in the campaign is drive supporters to the Help Unemployed BYOB-Be Their Own Boss campaign page where they can sign a petition that will be delivered to Governor Brown and the California legislature. The campaign will use other tools as necessary to convince the state to apply for the program.

To get funds to operate SEA, the California legislature needs to pass a bill and our Governor Jerry Brown needs to support it. California leaders have the opportunity to assist the unemployed to become self-employed, create jobs, and reduce the unemployment rolls – all at the same time.

About CAMEO
CAMEO’s mission is to grow a healthy, vibrant, thriving environment for all entrepreneurs and start-up businesses by advancing the work of our statewide member network – the over 160 organizations, agencies and individuals dedicated to furthering the fortunes of micro-businesses in California. Our vision is to create economic opportunity for all entrepreneurs, to build wealth and strong California communities.

Read on PRWeb.

Help Unemployed BYOB-Be Your Own Boss

In this week’s Must Know

  • Happy Labor Day – Help Unemployed BYOB – Be Your Own Boss
  • The Goodies: information on important opportunities like trainings, funding, scholarship programs.

Join the ‘Help Unemployed BYOB – Be Your Own Boss’ Campaign

Sign the Be Your Own Boss petition.

This Labor Day CAMEO wants to celebrate by recognizing those people who are employed by their own sweat and hard work, the self-employed who create their own small businesses.

As we’ve mentioned before, the federal government passed a $35 million Self-Employment Assistance (SEA) Program that was tucked into the payroll tax-unemployment extension bill passed in March of this year. If California implements a program it will receive at least $5.3 million in federal money to implement a SEA program and help unemployed become their own boss and start their own small business.

Under the SEA program, unemployed workers will be able to receive or maintain their unemployment insurance benefits while they start their own small businesses – a full-time job in its own right – without having to look for other full-time work. Currently, in California this is not the case.

CAMEO is launching the Help Unemployed BYOB – Be Your Own Boss campaign to raise awareness about the importance of helping the unemployed create their own job and to show support for a SEA Program in California. A SEA program would drive more clients to your programs and open up additional funding opportunities through the workforce system.

This week, CAMEO wants you to join in support this program by signing the Be Your Own Boss petition.

The Goodies

New opportunities for trainings, conference information, funding, scholarships, and other information that have crossed our desks since the last Must Know: I have posted a running tab of current Goodies on the CAMEO website that lists items that were in past emails. Check it out to make sure you’re not missing anything, like grants whose deadlines are still alive!

Make A Note: We moved upstairs. Our new suite is 715. Please change your address books.


Watch and listen to the webinar
.

Download the Powerpoint for the KIMCO Business Incubation and Free Rent Webinar.

Take Action: Two important programs expire on September 27, 2012. The refinance provision of the U.S. Small Business Administration 504 loan program allows small business owners to refinance performing commercial mortgages with longer-term, below-market, fixed interest rates afforded by the SBA 504 program. The First Mortgage Lien Pooling (FMLP) program creates a secondary market where lenders can re-sell a portion of SBA 504 first mortgage loans, allowing them to increase their liquidity and capacity to make more small business loans. Sign the petition to save them.

AEO Webinar: AEO On the Hill- Policy and Advocacy Update. Join AEO’s Policy Team for an update from Washington, DC. Congress returns soon from August Recess. On their agenda before the end of the year: expiration of Bush tax cuts and many other small business tax policy updates; looming ‘fiscal cliff,’ and annual appropriations. Register for the webinar on August 30, 2012 at 10:00 – 11:00 am PT // 1:00 – 2:00 pm.

Free Webinar: Green Business Development for Native American and Latino Entrepreneurs. How are small business CDFIs helping Native Americans and Latinos capture opportunities in the Green Economy? Join two organizations that have developed innovative approaches for “green” entrepreneurial training, technical assistance and access to capital. Thursday August 30th at 2:00 pm EDT // 1:00 pm CDT // 11:00 am PDT. Register now.

Conference: Meeting of the Minds 2012 – Collective Impact (Timely Training – Regional Economies – Sector Strategies). This dynamic conference offers a framework for the workforce, economic development, education, business, and industry sectors to meet. The goal is collective support of regional economies and identify workforce development initiatives and strategies that address critical issues facing California’s major regional industry sectors. September 4-6, 2012 at the Monterey Marriott. Claudia Viek and Judy Hawkins, CAMEO boardmember, are presenting on how to integrate business training into the workforce system.

Win $10,000+: SAP and Ashoka Changemakers are hosting a competition – The Power of Small: Entrepreneurs Strengthening Local Economies. The competition is for organizations and partnerships with innovative strategies designed to help emerging entrepreneurs and small businesses grow and thrive in underserved communities. Learn more about the competition and how to apply. The deadline for submissions is September 5, 2012.

Renaissance Online Business Prep Class: Attention service-starved areas, the webinar-based classes are scheduled from 6:30 to 9:30 p.m. PST one evening a week for 12 consecutive weeks, with two optional 30-minute individual telephone consultations. Clients are expected to participate in every webinar and complete about 3 hours of homework weekly. The next one starts on September 29, 2012. Learn more and register.

Bay Area Office space: Renaissance Marin has two nice offices that they want to fill with compatible CAMEO members and/or lawyers, accountants, etc. that provide services to entrepreneurs. There is a corner office for $850 per month and an office right next to it for $650 per month that includes receptionist service, wifi and an opportunity to hold forums and seminars to provide information and promote services. Contact Boku Kodama by email or phone at 415.755.1115.

For Your Clients: CARAT offers free online trainings for small businesses through December. Check out their calendar.

Job Opportunities: Accion San Diego, California Farmlink, Valley Economic Development Center, Inner City Advisors, Fresno EOC and Fresno CDFI, are hiring. Please check CAMEO’s job page for more information and other listings.

Summer Activities: microlending, vets, women

In this week’s Must Know

  • CAMEO’s Summer Activities
  • The Goodies: information on important opportunities like trainings, funding, scholarship programs.

CAMEO’s Summer Activities


This summer we’ve enjoyed some beautiful weather for San Francisco, but that doesn’t mean we’ve been lazing around.

  • Thanks to Susan Brown, we’ve made excellent progress on our innovative platforms designed to increase capital and efficiencies for microlending. The Micro Management System (MMS) and Kiva partnership will begin operations this fall.
  • We’re wrapping up our Annual Member Survey and will be crunching the numbers to find out the state of micro in California. (It’s not too late to fill it out if you haven’t.)
  • We are about to launch a campaign to garner public support for a Self-Employment Assistance Program in California (look out for that next week).
  • We’re expanding our efforts to better serve the needs of women and women veterans. We are convening quarterly peer support groups for our Women’s Business Centers. And save the date for Think Big: A Women Entrepreneurs of Color Symposium, which will be in Los Angeles on November 7, 2012.

One more thing – we moved upstairs. Our new suite is 715. Please change your address books.

The Goodies

New opportunities for trainings, conference information, funding, scholarships, and other information that have crossed our desks since the last Must Know: I have posted a running tab of current Goodies on the CAMEO website that lists items that were in past emails. Check it out to make sure you’re not missing anything, like grants whose deadlines are still alive!


Watch and listen to the webinar
.

Download the Powerpoint for the KIMCO Business Incubation and Free Rent Webinar.

Take Action: Two important programs expire on September 27, 2012. The refinance provision of the U.S. Small Business Administration 504 loan program allows small business owners to refinance performing commercial mortgages with longer-term, below-market, fixed interest rates afforded by the SBA 504 program. The First Mortgage Lien Pooling (FMLP) program creates a secondary market where lenders can re-sell a portion of SBA 504 first mortgage loans, allowing them to increase their liquidity and capacity to make more small business loans. Sign the petition to save them.

AEO Webinar: AEO On the Hill- Policy and Advocacy Update. Join AEO’s Policy Team for an update from Washington, DC. Congress returns soon from August Recess. On their agenda before the end of the year: expiration of Bush tax cuts and many other small business tax policy updates; looming ‘fiscal cliff,’ and annual appropriations. Register for the webinar on August 30, 2012 at 10:00 – 11:00 am PT // 1:00 – 2:00 pm.

Free Webinar: Green Business Development for Native American and Latino Entrepreneurs. How are small business CDFIs helping Native Americans and Latinos capture opportunities in the Green Economy? Join two organizations that have developed innovative approaches for “green” entrepreneurial training, technical assistance and access to capital. Thursday August 30th at 2:00 pm EDT // 1:00 pm CDT // 11:00 am PDT. Register now.

Conference: Meeting of the Minds 2012 – Collective Impact (Timely Training – Regional Economies – Sector Strategies). This dynamic conference offers a framework for the workforce, economic development, education, business, and industry sectors to meet. The goal is collective support of regional economies and identify workforce development initiatives and strategies that address critical issues facing California’s major regional industry sectors. September 4-6, 2012 at the Monterey Marriott. Claudia Viek and Judy Hawkins, CAMEO boardmember, are presenting on how to integrate business training into the workforce system. Register and learn more.

Win $10,000+: SAP and Ashoka Changemakers are hosting a competition – The Power of Small: Entrepreneurs Strengthening Local Economies. The competition is for organizations and partnerships with innovative strategies designed to help emerging entrepreneurs and small businesses grow and thrive in underserved communities. Learn more about the competition and how to apply. The deadline for submissions is September 5, 2012.

Renaissance Online Business Prep Class: Attention service-starved areas, the webinar-based classes are scheduled from 6:30 to 9:30 p.m. PST one evening a week for 12 consecutive weeks, with two optional 30-minute individual telephone consultations. Clients are expected to participate in every webinar and complete about 3 hours of homework weekly. The next one starts on September 29, 2012. Learn more and register.

Bay Area Office space: Renaissance Marin has two nice offices that they want to fill with compatible CAMEO members and/or lawyers, accountants, etc. that provide services to entrepreneurs. There is a corner office for $850 per month and an office right next to it for $650 per month that includes receptionist service, wifi and an opportunity to hold forums and seminars to provide information and promote services. Contact Boku Kodama by email or phone at 415.755.1115.

For Your Clients: CARAT offers free online trainings for small businesses through December. Check out their calendar.

Job Opportunities: Accion San Diego, California Farmlink, Valley Economic Development Center, Inner City Advisors, Fresno EOC and Fresno CDFI, West Company and Renaissance Marin are hiring. Please check CAMEO’s job page for more information and other listings.

Survey Deadline and Free Rent

Extra, extra: CAMEO and members are featured in a blog post about why the federal government should support micro.

In this week’s Must Know

  • Annual Survey Deadline
  • Free Rent for Businesses – Webinar Online
  • The Goodies: information on important opportunities like trainings, funding, scholarship programs.

Annual Survey Deadline

We need you to fill out the annual survey if you haven’t done so. Two weeks remain until we close out our survey on August 31, 2012.

CAMEO members who completed their annual surveys on microTracker by July 31, 2012 received a free lunch on CAMEO. Here is the team from Opening Doors having fun while making a difference (see pic left)! – check more out on Facebook.

Six reasons to fill out the microTracker survey:

  • Resources for Members – CAMEO uses this information to advocate for state and federal policies that increase resources to the Micro field;
  • Efficiency – you will only have to fill out one survey;
  • Data Quality – more consistent data quality across organizations and nationally;
  • Data Back up and Accessibility – microTracker will house the data in the cloud;
  • Industry Standard – funders increasingly are looking to microTracker for information (think Guidestar for the industry);
  • Impact – to demonstrate the significant role Micro plays in local and statewide economies.

Free Rent for Businesses – Webinar Online

If you didn’t attend yesterday’s webinar on KIMCO’s new program for entrepreneurs and you work with entrepreneurs (that should be all of you/us but especially business trainers, loan packagers, and loan officers), then you missed learning about a great opportunity for your clients.

Lucky for you we’ve posted it on our website. KIMCO Realty’s KIMCO Entrepreneurs Year Start (KEYS) Program is an incubator program for entrepreneurs that offers one year of free rent and business counseling. The webinar is a half hour and includes:

  • the benefits of program;
  • who qualifies;
  • how to qualify; and
  • why Kimco is offering this great deal.


Watch and listen to the webinar
.

Download the Powerpoint for the KIMCO Business Incubation and Free Rent Webinar.

The Goodies

New opportunities for trainings, conference information, funding, scholarships, and other information that have crossed our desks since the last Must Know: I have posted a running tab of current Goodies on the CAMEO website that lists items that were in past emails. Check it out to make sure you’re not missing anything, like grants whose deadlines are still alive!

Take Action: Two important programs expire on September 27, 2012. The refinance provision of the U.S. Small Business Administration 504 loan program allows small business owners to refinance performing commercial mortgages with longer-term, below-market, fixed interest rates afforded by the SBA 504 program. The First Mortgage Lien Pooling (FMLP) program creates a secondary market where lenders can re-sell a portion of SBA 504 first mortgage loans, allowing them to increase their liquidity and capacity to make more small business loans. Sign the petition to save them.

White House Briefing: WIPP and the White House Office of Public Engagement would like to invite you to join Deputy Administrator of the Small Business Association Marie Johns for a discussion on upcoming tax and budgetary changes and how they will affect your businesses. Register for the briefing on Tuesday, August 21 at 11:30am PT / 2:30pm ET.

Free Webinar: Small Business Majority hosts Workplace Wellness-Healthy Employees Mean Healthy Bottom Lines. Get the scoop on tried-and-true workplace wellness practices and emerging wellness initiatives by joining us for a chat with an expert on the subject. Register for the webinar on August 22, 2012, 11:00 am EDT // 8:00 am PDT.

Free Webinar: Green Business Development for Native American and Latino Entrepreneurs. How are small business CDFIs helping Native Americans and Latinos capture opportunities in the Green Economy? Join two organizations that have developed innovative approaches for “green” entrepreneurial training, technical assistance and access to capital. Thursday August 30th at 2:00 pm EDT // 1:00 pm CDT // 11:00 am PDT. Register now.

Conference: Meeting of the Minds 2012 – Collective Impact (Timely Training – Regional Economies – Sector Strategies). This dynamic conference offers a framework for the workforce, economic development, education, business, and industry sectors to meet. The goal is collective support of regional economies and identify workforce development initiatives and strategies that address critical issues facing California’s major regional industry sectors. September 4-6, 2012 at the Monterey Marriott. Claudia Viek and Judy Hawkins, CAMEO boardmember, are presenting on how to integrate business training into the workforce system.

Win $10,000+: SAP and Ashoka Changemakers are hosting a competition – The Power of Small: Entrepreneurs Strengthening Local Economies. The competition is for organizations and partnerships with innovative strategies designed to help emerging entrepreneurs and small businesses grow and thrive in underserved communities. Learn more about the competition and how to apply. The deadline for submissions is September 5, 2012.

Bay Area Office space: Renaissance Marin has two nice offices that they want to fill with compatible CAMEO members and/or lawyers, accountants, etc. that provide services to entrepreneurs. There is a corner office for $850 per month and an office right next to it for $650 per month that includes receptionist service, wifi and an opportunity to hold forums and seminars to provide information and promote services. Contact Boku Kodama by email or phone at 415.755.1115.

For Your Clients: CARAT offers free online trainings for small businesses through December. Check out their calendar.

Job Opportunities: Accion San Diego, California Farmlink, Valley Economic Development Center, Inner City Advisors, Fresno EOC and Fresno CDFI, West Company and Renaissance Marin are hiring. Please check CAMEO’s job page for more information and other listings.

Micro-Business Incubation and Free Rent

Learn about KIMCO Realty’s KIMCO Entrepreneurs Year Start (KEYS) Program – an incubator program for entrepreneurs that offers one year of free rent and business counseling.

Learn about

  • the benefits of program;
  • who qualifies;
  • how to qualify; and
  • why KIMCO is offering this great deal.


Watch and listen to the webinar
 (26 minutes)

Download the Powerpoint for the KIMCO Business Incubation and Free Rent Webinar.

 

Back to the Past Training archive

Jessica Nowlan, Hope Solutions

Thanks to Women’s Initiative for this story.

Jessica Nowlan
Founder of Hope Solutions

Jessica Nowlan really knows how to bootstrap. Starting when she was just 13, Jessica was on her own. She has lived through periods of homelessness, group homes, and struggled to raise two kids as a single mother. But when Jessica was 16, she was given an opportunity that changed her life. She was hired out of juvenile hall as an outreach worker for the Center for Young Women’s Development. When she left the organization seven years later, Jessica was the Interim Executive Director. Jessica found out about the Women’s Initiative when she started working as a domestic violence counselor at Stand Against Domestic Violence. To empower her clients, she started showing them Women’s Initiative success story videos. When funding for her position was cut, Jessica decided to take a chance and sign up for the Women’s Initiative business training program, even though it meant hardship because she would have to forgo Welfare to Work public assistance during this difficult transition. “I thought, so I don’t have a college degree, but I am definitely untapped talent.”

Jessica’s dream was to build a company that would provide high-paying career track jobs for people like her, looking to pull themselves and their families out of poverty. She had observed first-hand that they wouldn’t find these kinds of opportunities through traditional workforce development programs. During her days working as a payments processing sales agent, Jessica had also learned that many large banks use predatory practices that take advantage of small business owners. To put a stop to predatory practices and provide quality jobs, Jessica decided to start her own triple-bottom-line company. In 2010, Jessica founded Hope Solutions. Her company offers integrated payment technology and marketing services in Oakland and the Bay Area and now employs five people. “Hope Solutions provides small business owners the information they deserve and offers high-paying, career track positions in the payments processing industry to our employees; you don’t need to have graduated from college to deserve the opportunity to get ahead,” says Jessica.

I can definitely say that I am proud of myself. I am proud that I have gone against the grain in a male-dominated industry that is normally only about the bottom line and created a company with a social mission that advocates for small business owners.” Hope Solutions is currently working on a major initiative in collaboration with Oakland Grown to promote purchasing from local businesses, including several Women’s Initiative graduate businesses. Hope Solutions has also given back to Women’s Initiative graduates by providing free trainings on how to avoid predatory payment processing practices. Jessica found the personal support from the other women entrepreneurs in her class and the networking opportunities provided by SuccessLink to be integral to her success. “I look at every person I meet as a networking opportunity now, maybe they have a helpful idea, or contact, or just know something you don’t know – if you walk in the world that way, it can really open up doors.”

On the rewards of starting her own business, Jessica says “I still have financial anxiety, but now I know that if the car breaks down, or the kids need new shoes, it isn’t going to break the bank, there’s a light at the end of the tunnel now. Since starting my own business, my confidence has gone way up. I find myself in rooms with people from top universities and firms, and it feels so good to be the one looked to for advice.” Jessica anticipates rapid growth in her business over the next two years in the Bay Area and plans to bring Hope Solutions national in the future.

Mariposa Valley Farm

Vonita Murray had a normal early adult life. She went to college, received a BA in photography with a minor in business, served in the 1st Gulf War and went to work. She spent over ten years in some form of Administrative/Office Management before becoming a CAD Technician. She was working at an architecture firm, when she was laid off in 2009.

“I had had enough of doing what other people told me to do with only the reward of a paycheck. AND I was sick of having a desk job. I have always been an active outdoors-loving woman and having to spend 8+ hours a day in front of a computer was making me miserable.”

Owner of a micro-business farm, Vonita MurrayThe epiphany she had after being laid off coupled with her desire to bring people good food led her to pursue edible landscaping. She soon realized that deep down she really wanted to be a farmer and took her passion one step further.

Farming/gardening is in her blood. Vonita’s grandfather was a farmer in Minnesota with a 1,000+ acres of corn, soy hogs and chickens. She grew up in Colorado on a three-acre lot. Her family always had a huge garden and lots of animals around like chickens, turkeys, and a horse. She has a green thumb, loves being outside and has never been afraid of hard work.

In January of 2011, she became a farmer. She leased four acres of land on which she grows a variety of vegetables, fruits and flowers, including green cauliflower, yellow strawberries and purple carrots. She wants to diversify and grow as many different crops as she can manage. She operates an 8-member small Community Supported Agriculture from her farm and has plans to grow it to 50 members. She sells her produce at the local farmers market and is developing restaurant accounts.

Even though Vonita studied business and farming is in her blood, she doesn’t have a formal education in farming. Every day presents a new challenge. She is learning the ins and outs of large scale crop production, succession planting and crop rotation. She is also learning the business side of farming including business planning, marketing, packaging, and direct sales through the Farmers Market and her CSA.

She is a quick learner and not afraid to ask questions. She started with the local office of the National Center for Appropriate Technology (NCAT), who provides technical information and resources for farmers. Then in April 2011, a few months after starting her farm, she saw a sign for Farmer Veterans Coalition (FVC) on one of her visits. They are headquartered in Davis, 15 minutes away from where she lives; so she drove to their office. She figured that because they are dedicated to helping vets and she was taking on a career in which she knew nothing, she had nothing to lose. She is glad she called.

“FVC helped me with all of their awesomeness,” said Vonita. ‘Awesomeness’ translates into research and information, volunteers and hard resources.

To help her with her farming and business challenges, FVC sent her several books, including one of crop rotation and the new organic grower, as well as information on chicken production and mushroom cultivation. Her relationship with FVC has gotten down and dirty, literally. On five separate occasions veteran volunteers from FVC (and the veterans from UC Davis) have worked on her farm. They started building a 1000 square foot hoop house (greenhouse), weeded fields, built her pallet compost area, planted starts, laid plastic mulch, ran irrigation and planted the start of a hedgerow. And FVC arranged donations from Home Depot to purchase much needed supplies and Vonita received a $5,000 fellowship grant that bought her the hoop house and compost fertilizer and irrigation supplied. The relationship is ongoing.

Her first year in business has been “awesome, one big expensive education in farming.” The number one thing that she has learned is that planning and paying attention to detail, are the keys to success. Her business is growing slowly and she doesn’t plan to hire anyone else until 2013.

Vonita also is deeply involved in her community. She is working with the agriculture professor at Woodland’s new Polytechnic Charter High School to devise a curriculum in which students will take what they learn in the classroom and apply it to the field. In other words, the farm will become their outdoor laboratory. Part of her long-term plan is to give back to those who have helped her by hiring fellow veterans.

“I am designing Mariposa Valley Farm to be a center of activity, where my community can come and learn what it feels like to be intimately involved with nature. Where their children can break away from their televisions, hold a tiny seed in their hands and experience the wonder of watching that tiny seed grow into the food they eat. Where I have the honor of teaching my community what I have learned along the way. And where my community, on the farm and off, grows and becomes richer.”

Visit Mariposa Valley Farm on the web for gorgeous photos of the farm.

COIN Tax Credits and Free Rent Webinar

Congrats to the CAMEO members who received a CDFI award!

In this week’s Must Know

  • COIN 2012 California CDFI Tax Credits
  • Webinar: Business Incubation and Free Rent Opportunity for your clients
  • The Goodies: information on important opportunities like trainings, funding, scholarship programs.

COIN 2012 California CDFI Tax Credits

California Tax Credits for 2012 of $553,295 are available to support over $2.75 million in community development investments in the COIN certified CDFIs. All qualified investments must be equal to or greater than $50,000 and invested for a minimum term of 60 months, at zero percent interest (does not apply to equity investments or equity like debt instruments) to receive a 20% Tax Credit.

The COIN program is currently accepting tax credit applications for its second semi-annual application cycle. Applications will be accepted through September 30, 2012, with certifications made in December 2012.

To be eligible for the tax credit, a CDFI must maintain current COIN certification (guidelines). Beginning in 2012, CDFIs must apply annually to the COIN for renewal of their CDFI certification. CDFIs will be fully re-certified by the COIN every three years, pending the approved renewal of their annual certification.

Visit the COIN website for additional information or contact Anna Gragg at (916) 492-3422.

Webinar: Business Incubation and Free Rent Opportunity for your clients

kimco keys logo
CAMEO invites you to join Kimco Realty to learn about the Kimco Entrepreneurs Year Start (KEYS) Program- an incubator program for entrepreneurs that offers one year of free rent and business counseling.

Register now!

When: Tuesday, August 14, 2012 3:00-4:00 pm Pacific
Who should attend: anyone who works with entrepreneurs, such as business trainers, loan packagers, loan officers

Learn about

  • the benefits of program;
  • who qualifies;
  • how to qualify; and
  • why Kimco is offering this great deal.

The Goodies

New opportunities for trainings, conference information, funding, scholarships, and other information that have crossed our desks since the last Must Know: I have posted a running tab of current Goodies on the CAMEO website that lists items that were in past emails. Check it out to make sure you’re not missing anything, like grants whose deadlines are still alive!

CAMEO Takes You To Lunch: CAMEO members who completed their annual surveys on microTracker by July 31, 2012 will receive lunch on CAMEO. Thanks to CVBI, WEV and YBA who have sent us photos of their staff at their local eateries – check ‘em out on Facebook.

Job Opportunities: Accion San Diego, California Farmlink, Valley Economic Development Center, Inner City Advisors, Fresno EOC and Fresno CDFI, West Company and Renaissance Marin are hiring. Please check CAMEO’s job page for more information and other listings.

Good Article: Our friend David Brodwin writes about how local governments are way ahead of the federal government when it comes to innovations in economic development. He makes good arguments you can use against the business attraction strategy.

Member Event: Accion San Diego hosts Build Your Small Business Dream Team on August 18, 2012 from 8:30a.m. to 12:00p.m., 404 Euclid Avenue, San Diego. Learn more.

Conference: Meeting of the Minds 2012 – Collective Impact (Timely Training – Regional Economies – Sector Strategies). This dynamic conference offers a framework for workforce, economic development, education and business and industry to collectively support regional economies and identify workforce development initiatives and strategies that address critical issues facing California’s major regional industry sectors. September 4-6, 2012 at the Monterey Marriott. Early bird registration ends 8/7/12. Claudia Viek and Judy Hawkins, CAMEO boardmember, are presenting.

Win $10,000+: SAP and Ashoka Changemakers are hosting a competition – The Power of Small: Entrepreneurs Strengthening Local Economies. The competition is for organizations and partnerships with innovative strategies designed to help emerging entrepreneurs and small businesses grow and thrive in underserved communities. Learn more about the competition and how to apply. The deadline for submissions is September 5, 2012.

Bay Area Office space: Renaissance Marin has two nice offices that they want to fill with compatible CAMEO members and/or lawyers, accountants, etc. that provide services to entrepreneurs. There is a corner office for $850 per month and an office right next to it for $650 per month that includes receptionist service, wifi and an opportunity to hold forums and seminars to provide information and promote services. Contact Boku Kodama by email or phone at 415.755.1115.

For Your Clients: CARAT offers free online trainings for small businesses through December. Check out their calendar.

New Member Benefit: Through 2012, CAMEO members will receive a 20% discount to the Mighty Minnow Web School in Oakland. Mighty Minnow is picking up the role of teaching technology to non-profits as Compasspoint has discontinued its tech classes. For non-Bay Area members, remember that CAMEO can help defray travel costs. Contact CAMEO for the discount code and information on assistance.

More Corporate Activities Need to Support Small Business

To celebrate Farmers’ Market Week, Chipotle Mexican Grill is donating $1 to the Farmer-Veteran Coalition for every side of guacamole purchased at their California locations. Corporate collaborations that help small businesses invest in local communities.

Heidi Pickman
CAMEO
415.992.4484

San Francisco, CA

To celebrate Farmers’ Market Week, Chipotle Mexican Grill is donating $1 to the Farmer-Veteran Coalition (up to $50,000) for every side of guacamole purchased this week at their California locations. The promotion highlights the importance of local small businesses by recognizing their role in the supply chain. Without the proximity to local avocadoes, Chipotle’s guacamole wouldn’t be as fresh. Chipotle plans to source 10 million pounds of local produce in 2012, that’s double the amount of two years ago.

“Some governments and quasi-public entities like universities and hospitals have buy-local procurement policies,” said Claudia Viek, C.E.O. of CAMEO. “It is great to see companies investing in the communities where they operate, not only in the small businesses, but the organizations that ensure businesses are successful.”

In addition to the commitment to local procurement, the promotion will help the Farmer-Veteran Coalition (FVC) “support American farming and mobilize veterans to feed America.” FVC helps veterans-turned-farmers to overcome the agricultural, managerial, financial, and marketing obstacles to success.

According to Civic Economics, when a dollar is spent at a local business, 45 cents is invested locally, that’s three times more than if the dollar were to be spent at a national chain.

When corporations invest in the local communities, money is recycled in the community, economies are more sustainable, and more jobs are created.

“One CAMEO member told me that his client, a cheesemaker in Humboldt County, said if his neighbors buy a hunk of cheese every two weeks, he can create four new jobs,” said Viek. “Think of the job creation possibilities if big corporations spent more dollars locally.”

Chipotle joins other corporations such as Starbucks and Whole Foods in a commitment to invest in America’s small businesses. CAMEO believes that commitments like these bolster local businesses, help small entrepreneurs and build strong communities.

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California CDFI Awardees 2012

CAMEO Congratulates California CDFI Awardees That Fund Small Business

CAMEO congratulates the nine California organizations who received funding from the U.S. Treasury’s Community Development Financial Institutions Fund to support small business. California received $5.8 million to provide business technical assistance and loans to start-up businesses and those that want to grow.

San Francisco, CA (PRWEB) August 07, 2012

CAMEO congratulates the nine California organizations who received funding from the U.S. Treasury’s Community Development Financial Institutions Fund to support small business.

  • Accion San Diego -$600,000
  • California FarmLink – $92,700
  • Opening Doors – $100,000
  • Opportunity Fund – $1,450,000
  • Pacific Community Ventures – $953,800
  • TELACU – $953,800
  • Working Solutions – $600,000
  • Valley Economic Development Corporation – $953,800
  • Women’s Economic Ventures – $100,000

The 2012 awardees are more than double those in 2010, when only four organizations received CDFI funds. The total of $5.8 million will provide loan capital and business technical assistance to start-up businesses and those that want to grow. Seven of the nine organizations are CAMEO members who have benefited from CAMEO’s capacity building efforts.

“These organizations lend to small business when traditional banks won’t,” said Claudia Viek, C.E.O. of CAMEO. “The big banks are making very few loans under $250,000. The CDFI’s that lend to small business are filling the demand for small loans that banks don’t want to touch.”

Also, the $300,000 in technical assistance grants will help the organizations provide business training such as writing business plans, developing financials, and marketing. According to a survey of CAMEO members, when businesses receive this type of training, 80 percent succeed. When they don’t receive training the small business failure rate is between 50-80 percent. Thus, business training, ensures a pipeline of loan-ready businesses.

Additionally, eight organizations received $13 million to invest in low-income housing. The combined awards to California of $18.8 million equals 12.4 percent of the total $152 million awarded. The total award to California is proportional to our population, but the percentage going to small business is only 3.8 percent. In a business climate in which CDFIs have become the lenders of choice for small business, the investment in small business should be greater.

“California has 4.2 million very small businesses, said Claudia Viek. “If we are to grow the number of businesses and grow the existing businesses, then more resources need to be available for small businesses in California.”

According to CDFI, Financial Assistance awards go “to CDFIs that demonstrate the financial and managerial capacity to provide affordable financial products and services to low-income communities” and Technical Assistance (TA) awards are grants that go “to emerging as well as established CDFIs to help them increase their capacity to serve their target markets.”

Company Information:

CAMEO’s mission is to grow a healthy, vibrant, thriving environment for all entrepreneurs and start-up businesses by advancing the work of our statewide member network – the over 160 organizations, agencies and individuals dedicated to furthering the fortunes of micro-businesses in California. Our vision is to create economic opportunity for all entrepreneurs, to build wealth and strong California communities.

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