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California Association of Micro Enterprise Opportunity

Nominated for the 2012 Small Business Influencer Awards in:
Corporations


CAMEO members work with every day entrepreneurs to harness their innovative ideas and creativity and empower them to become their own bosses.

Its member organizations provide entrepreneurs with small business financing such as loans and credit, technical assistance and business management training.

CAMEO promotes economic opportunity and community well-being through Micro Enterprise development in California:

It builds capacity so members can serve more clients and reach new markets; cultivates new resources and investments to provide business services and capital to micro-businesses; and advocates for Micro Enterprise in California at all levels of public policy.

Contributions

In 2009, CAMEO members served 21,000 businesses with training, technical assistance and loans. These firms brought 42,000 new jobs and $1.5 billion into California’s economy. CAMEO member clients who start their own businesses also on average create two jobs in addition to their own, over a three-five year period. The organization has seen $1 invested return $30 to society-local multiplier, more tax revenue, less government assistance, etc.

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