Small Business Week June 17-21: Resources for Small Businesses and Financial Institutions

Small Business Week

June 17 -21

More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year.

As part of Small Business Week, the CAFLM blog is featuring resources available to support small businesses. We’ll also highlight the impact of small businesses and how financial institutions can partner with them to help grow small businesses, create jobs, drive innovation, and increase competitiveness.

Access to Capital

Access to Capital was developed in 2012 by the California Financial Opportunities  Roundtable. Representing finance, impact investing, philanthropy, business,  economic development, government and more.

Business Matchmaking

Business Matchmaking, sponsored by SCORE, provides opportunities for small businesses  to secure selling opportunities from government agencies and major  corporations, both at key events and through an online network. Business  Matchmaking continues to be a free initiative for all small business  participants. Visit the Business Matchmaking Web  site frequently to see when free events are in your area.

California Disabled Veteran Business Enterprise Alliance

The CA DVBE Alliance proudly serves California’s service-disabled veteran business owners through  outreach and education.

California Small Business Development Centers

California Small Business Development Centers are ready with regional expertise to assist you in becoming a successful business owner, with low cost business training and free business mentoring. Find your local SBDC.

California Small Business Loan Guarantee Program (SBLGP)

The California Small Business Loan Guarantee Program (SBLGP) is administered by the Business, Transportation and Housing Agency and works to help businesses create and retain jobs, while at the same time encouraging investment into low- to moderate-income communities. Recognizing that small businesses are the backbone of the state’s economy and the main drivers of private job creation, the SBLGP enables small businesses to not only obtain a loan it could not otherwise obtain, but to establish a favorable credit history with a lender. With that, the business may obtain further loans on its own, without the assistance of the program. Small businesses owners that employ five hundred (500) people or less may apply for a SBLGP loan by contacting one of the Financial Development Corporations (FDC).

California Tax Service Center

The California Tax Service Center is a partnership of tax agencies includes Board of Equalization, Employment Development Department, Franchise Tax Board, and Internal Revenue Service joined together to streamline and improve our taxpayer resources and educational programs.

Guide to Federal Healthcare Laws

The  Health Law Guide for Business, tailored specifically for California’s  business community, helps business owners navigate all 2,409 pages of the  Patient Protection and Affordable Care Act in one simple website.

Money Smart for Small Business Alliance

Money Smart for Small Business is a new instructor-led training curriculum developed jointly by FDIC and SBA. The 10 modules in this curriculum provide introductory training for new and aspiring entrepreneurs on the basics to organizing and managing a business. In addition to grounding participants in the basics, the curriculum serves as a foundation for more advanced training and technical assistance. FDIC and SBA invite stakeholders to order and begin teaching this free curriculum. It is designed to be delivered to new or operating small business owners – persons without formal business training – by financial institutions, small business development centers (SBDCs), city/county economic development offices, faith-based organizations and others. The curriculum is a tool for bank-community partnerships. For example, bank staff could deliver the curriculum in collaboration with small business resource providers.

Service Core of Retired Executives (SCORE)

SCORE  “Counselors to America’s Small Business” is a nonprofit association  dedicated to educating entrepreneurs and helping small businesses start, grow,  and succeed. With 364 offices and 12,400 volunteer counselors nationwide, SCORE  provides face-to-face mentoring as well as online counseling and workshops. To  find your nearest chapter, see

Small  Business Development Centers (SBDC)

SBDC  assists prospective and existing small business owners in California to start,  retain, or expand their businesses. The Centers assist with business plans,  marketing, finance questions, and other business issues. To find your nearest  center, visit the America’s  Small Business Development Center Network Web site.

Start a Business

The Governor’s Office of Business and Economic Development offers you many resources when starting a business in California.

U.S. Small Business Administration (SBA)

The  SBA helps Americans start, build and grow businesses through a number of  financial programs. While SBA itself does not make loans, it provides  guarantees on loans from private and other lending institutions. To learn more  about applying for a guaranteed loan, please visit the SBA’s Web  site or contact your nearest SBA district office.

Source: DFI Financial Literacy Portal

Related information

California Small Business Month

California Governor Jerry Brown

Governor Edmund G. Brown, Jr. Declares Month of May – ‘California Small Business Month’ Governor Brown issued an official proclamation declaring the month of May as ‘California Small Business Month.’ “This month, we reaffirm our commitment to helping California’s small businesses thrive and prosper,” said Governor Brown. “The Governor’s Office of Business and Economic Development, along with key agencies of state government, works to facilitate economic growth through collaboration with small businesses. Supporting small-scale private- sector job creators is among our most promising strategies to enhance California’s human capital, expand job opportunities and increase our competitive advantage in the global marketplace.” …Learn More

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