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Public

Policy

As one of three main pillars of our mission, Carolina Small Business Development Fund is committed to being a small business advocate through our dedicated policy and research work. 

Our Public Policy

Advocating for public policies that advance the interests of underserved small business owners is a core component of CSBDF’s mission.  

 

CSBDF fosters economic development in underresourced communities by delivering safe, transparent, and affordable capital to marginalized entrepreneurs; providing customized technical assistance to small businesses at every developmental stage; and disseminating research and policy analysis regarding the CDFI industry. CSBDF’s policy priorities are detailed below. 

Our Policy Priorities

Maximize support for CDFIs and marginalized entrepreneurs 
CSBDF advances the interests of marginalized entrepreneurs by engaging in nonpartisan advocacy for government policies and programs that maximize support for CDFIs at the federal, state, and local levels. Our policy partners include the National Association for Latino Community Asset Builders (NALCAB), Opportunity Finance Network, and the Mission Lenders Working Group.  

Increase transparency and access in small business lending 
CSBDF promotes the availability of transparent and affordable capital through its support for the North Carolina Truth in Financing Act, the Small Business Financing Disclosure Act, the revised Community Reinvestment Act, and Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. 

Champion programs that promote diversity, equity, and inclusion 
CSBDF supports diversity, equity, and inclusion in economic development through its participation with the North Carolina Economic Development Association, the International Economic Development Council, and Opportunity Finance Network

Support small businesses in communities devastated by disasters 
CSBDF aids entrepreneurs in communities devastated by disasters by providing loans, grants, technical assistance, and small business resources in partnership with local governments, the State of North Carolina, and private organizations. 

Get Involved!

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