Blog

Blog

  • Feb16

    NewsFlash: Opportunity Fund Founder Eric Weaver Receives Jefferson Award for Public Service!

    Posted on Feb 16, 2018 by Jacqueline Heinrich

    Opportunity Fund was featured on KPIX-5 News CBS San Francisco this week as Founder Eric Weaver received a 2018 Jefferson Award for Public Service in a story that also featured #OpportunityFunded entrepreneur Alicia Villanueva, owner of Alicia's Tamales Los Mayas. The Jefferson Awards recognize "quiet heroes in the community," honoring those who have made significant impact through public service at the national and local level - and Eric has surely done that. Since founding Opportunity Fund in 1994, Eric has led Opportunity Fund to invest $606 million in small businesses, savings programs, and community real estate, helping thousands of underserved people in California and beyond-like Alicia, profiled in last night's broadcast.

    Comments (0)
  • Feb13

    White House Proposes Budget Eliminating Essential CDFI Funding to Small Business Programs

    Posted on Feb 13, 2018 by Gabriel Villarreal

    On Monday, the White House released its Budget outline for FY2019, to begin on October 1, 2018. As expected, the budget eliminates major funding for the CDFI Fund including essential programs that enable Opportunity Fund and others to deploy capital to underserved business owners across the nation. Last year in the face of a zeroing out of the CDFI Fund by the Trump Administration, Opportunity Fund’s CEO, Luz Urrutia, demonstrated that access to capital for underserved communities is not only necessary, it’s essential. This year we find ourselves in the same position of slashed funding to essential small business programs.

    Comments (0)
  • Feb09

    Opportunity Fund's 2018 Valentine's Day Gift Guide ♥

    Posted on Feb 09, 2018 by Jacqueline Heinrich

    Show love for your loved ones and your community by shopping the Opportunity Fund Valentine’s Day Gift Guide! By choosing Opportunity Fund businesses, you support the small businesses in your community, making your gift extra meaningful.

    Comments (0)
  • Jan23

    Opportunity Fund's 2017 Annual Report Is Available Online: See the Impact of Your Support!

    Posted on Jan 23, 2018 by Luz Urrutia

    Thanks to your support, Opportunity Fund continues to advance the economic well-being of enterprising people by helping them earn, save, and invest in their future. Last year, we invested $66,474,447 in the dreams of 5,537 entrepreneurs and students. We also invested $30.6 million in three major community real estate projects that will create jobs and provide critical services to thousands more underserved Californians.

    Comments (0)
  • Jan16

    Opportunity Fund Welcome Debra Engel to Board of Directors

    Posted on Jan 16, 2018 by Jacqueline Heinrich

    Opportunity Fund’s Board of Directors welcomes Debra Engel as its newest member. Having served on Opportunity Fund’s Leadership Council since 2015, Debra has been a committed member of Opportunity Fund’s leadership during important moments of recent growth and change for the organization. After working closely with Opportunity Fund as part of the CEO selection committee last year and getting to know new CEO Luz Urrutia, Debra decided to join the Board of Directors in December 2017, in addition to her role on the Leadership Council.

    Comments (0)
  • Jan11

    The CFPB Must Continue to Protect Consumers

    Posted on Jan 11, 2018 by Gabriel Villarreal

    Strong leadership of the CFPB is critical to fulfilling its mission to protect consumers. Following the departure of CFPB Director Richard Cordray in early November, a battle over the directorship has commenced with different successors appointed by outgoing Director Cordray and the White House.

    Comments (0)
  • Dec21

    Job Creation Program Pays for Itself

    Posted on Dec 21, 2017 by Caitlin McShane

    The New Markets Tax Credit (NMTC) Program survived tax reform passed by Congress yesterday. The NMTC program is safe for now and has continuous funding through 2019. A recent report by the NMTC Coalition highlights the economic benefits of the program, including job creation, and tells of how the NMTC program pays for itself.

    Comments (0)
  • Dec13

    December Spotlight: Wholesome Bakery + 🎁 Opportunity Fund's 2017 Holiday Gift Guide

    Posted on Dec 13, 2017 by Jacqueline Heinrich

    Check out this year's Holiday Gift Guide, featuring #OpportunityFunded businesses with a little something for everyone on your list! When you shop locally, more of your money stays in your community. For every $100 you spend, $48 is reinvested locally when you shop at local, independently owned businesses, compared to just $14 at big box retailers. This holiday season, Opportunity Fund is your guide to using the power of the purse to build a more inclusive, healthier financial system.

    Comments (0)
  • Dec04

    New Report Reveals Gaps in Access to Credit for Minority-Owned Small Businesses

    Posted on Dec 04, 2017 by Jenna Boyer

    Opportunity Fund is committed to serving entrepreneurs with diverse backgrounds, businesses, and needs. We know that a small business loan can be the difference between a dream and an opportunity—but too many small business owners face barriers when it comes to accessing traditional financing. That’s why we were particularly interested in a recent report released by the Federal Reserve Banks of Atlanta and Cleveland focusing on ethnic minority small business owners.

    Comments (0)
  • Nov28

    Help Others, Like Deago by Guest Blogger: Joni Cropper, Opportunity Fund Board Member

    Posted on Nov 28, 2017 by Jacqueline Heinrich

    We all know that small businesses are vital to driving America’s economy forward: creating jobs and building economic opportunity for the families who run them. But did you know that 8,000 small businesses are denied for credit from a bank every day? This is where Opportunity Fund comes in - offering responsible loans to entrepreneurs in California and beyond.

    Comments (0)
rss

Blog Archives