Small Business Trends News & Updates to Stay Ahead Small Business Trends News & Updates to Stay Ahead

Ripple contributes $15M to expand economic opportunity for small businesses

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A Salute to our Exceptional SoCal Leadership

As we mark the mid-year point of a turbulent 2020, we want to recognize that we have accomplished amazing things with the help of some wonderful people! Opportunity Fund’s Southern California Regional Board has played a vital role in expanding the organization’s reach into a new market since June 2015 and making this region the…

Southern California Advisory Board Members headshots

Serena Williams Partnership

Tennis icon and fashion designer Serena Williams is launching Unstoppable, a special edition jewelry capsule to benefit Accion Opportunity Fund

NMTC Needs Permanency to Advance Underserved Communities

Despite its profound impact, the program has been up for renewal on a periodic basis, and after the current 1-year extension, the NMTC program is, once again, at risk of being eliminated. It’s crucial now, more than ever, that Congress moves to make the New Markets Tax Credit program permanent. 

70% of restaurants might not survive COVID

For those of us fortunate enough to be able to work from home, everyday life is complicated, difficult, and worrisome. However, we still get to mobile order our favorite pizza or Chinese food for dinner. We still get to stop by and grab coffee at a drive-through on the way home from picking up groceries.…

customer service rules

Nonprofit small business lender prepares COVID response

Many Opportunity Fund small business clients like Tamales Los Mayas, which sells thousands of tamales at Golden State Warriors games, to a local school district and at most of the Bay Area’s biggest tech companies, will require support as they suffer a drop in consumer demand.

OCC and FDIC’s Proposed Rules Would Weaken CRA

Earlier this week, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) released their plan to modernize the Community Reinvestment Act (CRA). The two governing bodies are soliciting feedback on their proposals, due mid-February. This is our first statement on the proposed changes; we will be submitting a…