RESOURCES & NOTES FROM:

Minority Owned Small Business & Government Panel:

Navigating to Survive and Thrive 

Tuesday, August 25th, 2020 @11:00AM (PDT)

COVID-19 has wreaked unprecedented havoc on all small businesses. The meltdown in marginalized minority owned businesses have been especially devastating.  Between February and April, 41% of Black businesses and 32% of Latino businesses closed as a result of the pandemic. 

 

 Did you know...

  • There are 1.1 million minority owned small businesses with employees in U.S.
  • Minority owned small businesses employ more than 8.7 million workers
  • Minority owned small businesses generate more than $1 trillion in economic output 

 

 At this panel, we discussed: 

  • Leverage government partnerships, resources, and information  
  • Find advisory/consultative resources available for small businesses 
  • Find underutilized grants, loans, and general assistance for small businesses 
  • Access to capital resources 
  • Make connections with decision makers
  • Understand the new 'PPP' due this fall

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Our Distinguished Panel:

The Honorable Fiona Ma, CPA, California State Treasurer

Julie Clowes, District Director, U.S. Small Business Administration

John Kabateck, State Director, National Federation of Independent Business

Jeff Bellisario, Executive Director, Bay Area Council Economic Institute

Angel Cardoz,  Director, San Francisco Small Business Development Center

Robert Shoffner, Moderator, Director of MBA & Entrepreneurship Program, Golden Gate University

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PANEL DISCUSSION RESOURCES & TRANSCRIPT NOTES:

 

GGU: Small Business & Entrepreneurship Program:https://www.ggu.edu/entrepreneur-center/small-business/

  • Free and Open to the Public Upon Acceptance  

Fiona Ma, CPA: California State Treasurer  https://www.treasurer.ca.gov/ 

Julie Clowes: District Director, U.S. Small Business Admin https://www.sba.gov/node/1595134

  • For questions about the Federal tax implications  of PPP loan forgiveness, please see IRS notice: https://www.irs.gov/pub/irs-drop/n-20-32.pdf
  • You can find a list of all the SBA Resources in Bay Area including free business advisors and lenders and non-profit lenders who participate with SBA's loan guarantee programs in our Resource Guide:  SBA.gov/ca/sf
  • You can also find SBDC list at norcalsbdc.org
  • SBA.gov for COVID program info; contact us directly at SFOMail@sba.gov

Angel Cardoz: Director, San Francisco Small Business Development Center https://www.sfsbdc.org/

Jeff Bellisario: Exec Director, Bay Area Council Economic Institute http://www.bayareaeconomy.org/

John Kabateck: State Director, National Federation of Independent Business www.nfib.com/CA

Additional Resources Cited by Participants: