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
Carolina Small Business Development Fund (CSBDF) is a community economic development organization that fosters economic development in underserved communities by providing capital, technical assistance, and policy research. CSBDF advances the interests of its clients by engaging in nonpartisan advocacy for government policies and programs at the federal, state, and local levels.
Our Policy Priorities
01. Increase General Assembly funding for North Carolina CDFIs
02. Require increased transparency by lenders and equitable access to capital for entrepreneurs
03. Ensuring access to capital and business development services for marginalized entrepreneurs
04. Maximize federal funding for programs that support CDFIs in meeting the needs of underserved communities
What We're Doing...
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02. At the state level, CSBDF partners with the NC Rural Center to advance the Truth in Financing Act. At the federal level, CSBDF supports the passage and enforcement of legislation intended to protect small business owners, including the Small Business Financing Disclosure Act, the Community Reinvestment Act, and Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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04. CSBDF partners with peer CDFIs and industry leaders to advocate for maximum funding for programs that support the needs of underserved entrepreneurs. These activities include participating in the National Association for Latino Community Asset Builders (NALCAB) Day of Advocacy, the Opportunity Finance Network (OFN) Afternoon of Advocacy, the Mission Lenders Working Group, and advocacy regarding the Rural Microentrepreneur Assistance Program in partnership with the Center for Rural Affairs.