AEOWorks Blog

Welcome to the AEOWorks Blog where small business is the top story every day.

Strengthening small businesses and microenterprises in every community is crucial to our economic recovery.  Engage in a national dialogue about the bold, innovative and extraordinary solutions that U.S. entrepreneurs need are found here.

AEO’s Data-Driven Research Recognized by IBM

  Dear AEO Community:    I am pleased to announce that AEO was recently recognized by IBM for our use of data-driven research to drive social impact.   “Leap before you lag” by the IBM Institute for Business Value, part of IBM Global Business Services, finds that non-profits with advanced analytics capabilities “are more effective in driving performance against mission and achieving internal efficiencies.” The report specifically cites AEO’s research…MORE...

AEO August Recess Packet

Action Alert:  Urge Your Senator to Support AEO’s FY2018 Appropriations Request   Dear AEO Members, On August 3rd, Congress adjourned for the month-long August recess. Your legislators will be back home in their districts and states to meet with constituents, like you, to share updates on their efforts in Washington, DC. They are eager to learn about how these efforts are impacting you.  Take advantage of this opportunity to continue…MORE...

AEO and Associated Black Charities Host Successful Small Business Forum

AEO and Associated Black Charities Host Successful Small Business Forum

Washington, D.C. — The Association for Enterprise Opportunity (AEO) and Associated Black Charities together hosted their first roundtable connecting Black and Hispanic small business owners with members of the U.S. Small Business Administration (SBA) staff under the new administration, on Thursday, July 13. The event, “Inclusive Entrepreneurship: Untapped Opportunities for Success,” gave business owners a forum to share their concerns, challenges, and requirements for success with both local Baltimore and…MORE...

Congressional Recess Advocacy Packet for July

Dear AEO Members and Supporters: This spring and into the summer, AEO has been especially active on Capitol Hill, advocating for robust funding for the CDFI Fund and SBA’s entrepreneurial development and lending programs.  On June 28, the House Agriculture, Rural Development and Food & Drug Appropriations Subcommittee held a mark-up on their FY2018 appropriations bill. This is the subcommittee of jurisdiction for the United States Department of Agriculture (USDA). …MORE...

Join Us for “Strength in Numbers: Building an Effective Coalition”

Coalitions can have significant impact at the state, local and national levels. Join us on June 20 at 2 p.m., EDT, to learn how to build an effective coalition, and hear from Wendy Baumann, President and Chief Visionary Officer of Wisconsin Women's Business Initiative Corporation (WWBIC). WWBIC just concluded a very successful advocacy effort with state lawmakers in Madison, Wisconsin, and Wendy will share her wisdom on how your organization can bring to…MORE...

FY 2018 Budget Impact Table

    Program FY2017 funding President's FY2018 Request AEO FY2018 Funding Request WBC $18M $16M $21.5 PRIME $5M $0 $10M Microloan - TA $31M $25M $31M Microloan - lending $44M $36M $44M CDFI Fund $248M $14M $250M Rural Business Development Grant Program (RBDG) $24M TBD* $30M Intermediary Relending Program (IRP) $4.5M $0 $19M Rural Microentrepreneur Assistance Program (RMAP) $3M $3M $3M Community Development Block Grant $3B $0 $1B   **ORR…MORE...

ACTION ALERT to AEO Community re: FY 2018 Federal Budget – May 25, 2017

Dear AEO Community: You have probably seen all the media reports on the release of President Trump’s budget and the requested deep cuts in safety net programs and those that support distressed communities. Unfortunately, and as we feared despite a brief respite through the omnibus budget that funds the federal government through the end of September 2017, the President proposed deep cuts for FY18 that support small businesses. Here is…MORE...

Becoming a Veteran-Owned Small Business

BuzzCream is a Texas-based small business that makes alcohol-infused ice cream. It was founded by Michael Davis, a 2013 Le Cordon Bleu graduate and U.S. marine veteran.  From the over three million veteran-owned businesses, many are providing transitional assistance and financial empowerment to transitioning veterans.  As a military spouse, daughter, and sister, I have recognized first-hand the impact that small business ownership can have both fiscally and to help boost…MORE...

The Rewards are Great — Working with Entrepreneurial Native American Communities

ONABEN’s mission is to support Indigenous individuals, economic development organizations, and communities by increasing opportunities for sustainable economic growth through culturally relevant entrepreneurial training and organizational development. Like any community, working within Indian Country has its challenges. But, the rewards are great. Having provided entrepreneurial development services to Native communities for over 25 years, ONABEN has worked from coast to coast, including Alaska and Hawaii. Every community is unique…every entrepreneur…MORE...

As an Entrepreneur, RISK is required – How much are you willing to risk?

Aysha Cooper is the executive director of an Adult Day Center in Snellville, GA Entrepreneurs are often categorized as risk takers.  Starting a business involves some level of risk to be taken.  Risk can also mean doing things that can cause harm, such as financial loss.  Fabienne Fredrickson, founder of Boldheart.com says, “Courage is a love affair with the unknown.”  I would like to think of myself as a Conqueror…MORE...