AEO Releases New Report on Black Business Ownership in the U.S.

AEO Releases New Report on Black Business Ownership in the U.S.

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WASHINGTON D.C., March 20, 2016 -- The Association for Enterprise Opportunity (AEO), a nonprofit organization dedicated to empowering microbusinesses, today announced the release of its new report “The Tapestry of Black Business Ownership in America: Untapped Opportunities for Success.” Funded by the W.K. Kellogg Foundation, the report set out to assess the economic strength and potential of Black-owned businesses, identify challenges and opportunities across a mosaic of segments, and launch a national discussion on how investors and policymakers can increase the effectiveness of …

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Action Alert: Urge Your Representative to Support AEO Funding Priorities

Entrepreneurship funding requires support from Republicans and Democrats alike. AEO is asking all its members and supporters to call their Member of Congress and urge them to support Fiscal Year 2018 small business lending. In particular, there are three cornerstone programs that provide critical support to entrepreneurs, especially in economically distressed areas.   The programs which are under threat of being cut, are the Treasury’s CDFI program, the SBA Microloan Program and the SBA PRIME program.

Below is a recommended script that can be used to call your Representative’s …

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The Budget Process: The Good, The Bad and The Exceedingly Complicated

This week, President Trump addressed Congress, kicking off the budget discussion for fiscal year 2018 (which starts October 1, 2017).  In keeping with his campaign promise to increase defense spending, it proposes an additional $54 billion additional dollars for defense and pays for it by cutting the same amount from domestic discretionary spending.  That’s roughly the size of the entire Housing and Urban Development Agency and no domestic program is immune from the chopping block-- everything from foreign aid to the Community Development Financial Institutions program are poised for …

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