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.

SBA Sees Record Year for Community Advantage Lending

The Association for Enterprise Opportunity (AEO) would like to congratulate William (Bill) Manger, Manny Hidalgo and the entire team at the U.S. Small Business Administration’s (SBA) Office of Economic Opportunity for a record year of Community Advantage lending. In FY 2017, 69 Community Advantage lenders originated 1,043 loans with an aggregate value of $138,039,560 and an average loan size of $132,349. This represents a 6 percent increase in volume and…MORE...

September Advocacy Roundup: Tax Day Arrives!

After nine months of talks, the “Big Six” — Treasury Secretary Steve Mnuchin, National Economic Chair Gary Cohn, Senate Majority Leader Mitch McConnell (KY), House Speaker Paul Ryan (WI), and the Chairs of the Congressional tax-writing committees, Senate Finance Chair Orrin Hatch (UT) and House Ways and Means Chair Kevin Brady (TX) — released their tax reform framework. The following framework provisions pertain to businesses:  25 percent tax rate for…MORE...

AEO Hosts Successful Forum for Small Business Owners and Government Officials

Washington, D.C. — The Association for Enterprise Opportunity (AEO) hosted another successful roundtable connecting Black small business owners with members of the U.S. Small Business Administration (SBA), including William Manger, associate administrator, Office of Capital Access, on Thursday, September 21. Following in the footsteps of a similar event that took place in Baltimore in July, “Inclusive Entrepreneurship: Untapped Opportunities for Success” gave business owners in Washington, D.C., an opportunity to…MORE...

Association for Enterprise Opportunity Announces Board Members and New Board Chair

Washington, D.C. — The Association for Enterprise Opportunity (AEO), a nonprofit membership organization dedicated to supporting the success of microbusinesses in the United States, today announced the election of seven board members, and the appointment of both a new board chair and a State Microenterprise Association (SMA) representative. The new board members are: Usman Ahmed, Head of Global Public Policy at PayPal Inc. Joshua Brackett, CFO at Access to Capital…MORE...

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...