23 01-2014

Social Media 101: Engaging with Your Users

By | 2017-09-14T11:21:16+00:00 January 23rd, 2014|

When it comes to building a company brand and bolstering your business’s reputation, social media can be an indispensable tool.  No matter what stage your business is in, whether it’s brand-new or well established, using social media platforms to promote your products and services is something no business owner should neglect to do.  A reputable [...]

16 01-2014

5 Facts about Maria Contreras-Sweet: What You Should Know

By | 2017-09-14T11:21:17+00:00 January 16th, 2014|

President Obama announced Maria Contreras-Sweet as his nominee to lead the Small Business Administration on Wednesday.  A businesswoman who has extensive experience in both the private and public sectors, Contreras-Sweet makes a great candidate to fill Obama’s final cabinet seat.  Here are five reasons why her nomination is a step in the right direction for [...]

3 10-2013

Accion and ACE Recipients of CDFI Fund

By | 2017-09-14T11:21:19+00:00 October 3rd, 2013|

The Community Development Financial Institutions Fund awards for 2013 were announced on Sept 24.  The CDFI Fund awards annually grant to institutions that serve underserved, low-to-moderate-income communities. The companies that are considered for funding are certified Community Development Financial Institutions (CDFI), and specialize in this field. This year, the CDFI fund distributed awards totaling over $172 [...]

28 08-2013

Community Resources for Small Businesses

By | 2017-09-14T11:21:19+00:00 August 28th, 2013|

Accessing capital is only one step of business ownership. Running a business is a complicated process and can be particularly intimidating for first-time business owners and entrepreneurs. Luckily, community resources are readily available at free or low cost for business owners looking to start, grow or maintain their companies. Local Small Business Development Centers, Chambers [...]

17 04-2012

Community Development Financial Institutions Fund: What You Need to Know

By | 2017-09-14T11:21:29+00:00 April 17th, 2012|

Community Development Financial Institutions (CDFIs) are companies, certified by the US Department of Treasury, that offer access to capital to economically distressed communities.  The US Department of Treasury explains, "Through monetary awards and allocation of tax credits, the CDFI Fund helps promote access to capital and local economic growth in urban and rural low-income communities across the nation."  These companies may be banks, credit unions, [...]

10 04-2012

Non-Profits Need Access to Capital to Create Jobs Too

By | 2017-09-14T11:21:29+00:00 April 10th, 2012|

The non-profit sector has already created millions of jobs and has potential to add many more.   A study conducted by Lester M. Salamon, S. Wojciech Sokolowski, and Stephanie L. Geller of Johns Hopkins University, showed that in 2010 the non-profit sector had a total of 10.7 million paid workers [*.pdf] coming close to other industries, such as manufacturing at 11.5 million workers. [...]

27 03-2012

Community Involvement Helps Generate Capital

By | 2017-09-14T11:21:31+00:00 March 27th, 2012|

Getting involved with the local community is an excellent way to build brand awareness and credibility for your business.  According to Small Business Resource, "Most business owners are worried about making a profit rather than making good relations with the community where their business is located."  In actuality, a business's involvement in the community renders several benefits [...]