SBA Releases Final Lending Regulations

This morning, the SBA is releasing final regulations affecting eligibility for their lending programs and the Disaster Loan Program. This final rule defines how the SBA will evaluate  affiliation as part of SBA’s determination of size eligibility for their lending programs. This rule creates a new set of affiliation guidance for lending programs that differs from procurement. SBA is not accepting comments on this final rule, which will become effective on July 27, 2016.

Applicants for SBA's Microloan Program will need to consider the following factors:

Updated …

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Journeys in Design Thinking and How CDFIs Could Evolve Over The Next 5 Years

Journeys in Design Thinking and How CDFIs Could Evolve Over The Next 5 Years

In April, we introduced you to Project CUE, a screening and assessment tool that we’re building that matches small businesses declined for a bank loan with a CDFI that may be able to meet their needs. And we’ve been busy!

 

Our team is using design thinking principles--a user-centric approach to innovation-- to ensure the successful adoption of our CUE tool. Design thinking techniques allow us to really get to know our end users (CDFIs, small business owners, and banking partners) as we place ourselves …

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AEO Partner Update: WE Decide 2016

AEO Partner Update: WE Decide 2016

AEO Partner Update: WE Decide 2016

 

AEO partner Women Impacting Public Policy (WIPP) is putting entrepreneurship in front of candidates this election through WE Decide 2016.

With Election Day less than five months away, the candidates are blasting the media with their take on business, taxes, jobs and the economy. AEO is working to ensure that entrepreneurs are part of that conversation. That is why we are supporting our partner Women Impacting Public Policy (WIPP)and their initiative WE Decide 2016, where women …

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Congress Split on Entrepreneurship Funding

Congress Split on Entrepreneurship Funding

With August recess (which actually begins mid-July) fast approaching, Congress is working feverishly to produce appropriations bills for the coming fiscal year. Both chambers– the House and the Senate – draft separate funding bills, which are then merged into the final funding levels presented to the President. As with most years, differences between the House and Senate dollar amounts for entrepreneurial programming government-wide will need to be addressed before the FY2017 funding amounts are known.

The chart below compares current spending levels with AEO’s requests for …

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Center for Global Policy Solutions President on President Obama’s Proposal to Expand Social Security

June 2, 2016, Washington, D.C. -- Dr. Maya Rockeymoore, President and CEO of the Center for Global Policy Solutions, made the following statement on President Obama's proposal to expand social security.

"Strengthening Social Security, our nation’s most effective poverty prevention program, is one of the best ways that America can reduce and prevent poverty among seniors, the disabled, and surviving dependents of deceased workers, and promote economic security for all.

We applaud President Obama’s proposal to strengthen Social Security given that our nation is facing …

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From the Entrepreneur’s Perspective

From the Entrepreneur’s Perspective

Project CUE’s mission is to build a solution that bridges the $52 billion gap between small business owners in underserved communities who’ve been declined for bank loans and pairs them with CDFIs for credit. Until now, our posts have focused on the broader challenges of business owners. This post digs deeper into some of the experiences of African American business owners in the underserved communities that CUE seeks to help.

To understand the magnitude and complexity of the issues some African American business owners in underserved communities can …

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