Supporting Small Businesses
Small business is important to a community. They provide the means by which families make their living by owning a business or being an employee. Entrepreneurial dreams are the cornerstone upon which our country was founded. Meriwest Credit Union supports small business through our Business Banking and Lending programs.
In addition to these programs, we also work closely with community organizations and other entities which provide services to small businesses. Here are two of the programs with which Meriwest Credit Union has partnered:
Business Owner Space is San Jose-Silicon Valley's most accessible, comprehensive, and useful one-stop resource for launching and growing a business in the greater San Jose metropolitan area.
BOS is comprised of a collaborative partnership among more than two dozen public, private, and non-profit agencies and businesses -- all pursuing the same goal: to help new and small business owners and entrepreneurs achieve success. You will find that the website is easy to use and understand, and contains the most relevant and up-to-date information business owners need.
BOS pulls together its partners' expertise to help you:
Assess whether you are ready to start a business
- Identify and follow the appropriate steps to launching and growing your business
- Connect with local business services that can support you through this process
- Stay abreast of news you can use to better ensure your chances of success
- Participate in small business events such as mixers, workshops, and seminars offered by BOS partners
The Greater San Jose Hispanic Chamber of Commerce
The Greater San Jose Hispanic Chamber of Commerce promotes the economic development of its members and the Hispanic business community in San Jose and the Greater Silicon Valley Area. The chamber promotes, supports and encourages the advancement and development of Hispanic businesses. They also provide an organizational forum for the exchange of ideas, information, technical assistance, procurement opportunities, and any other form of business opportunities that enhance the business communities.
The Silicon Valley Black Chamber of Commerce
The Silicon Valley/Santa Clara County Black Chamber was incorporated as a 501(c)6, in 1988. In 2000, the Chamber created a 501(c)3, "The Silicon Valley Center for Entrepreneurial Development" to act as a foundation for its educational projects and its Incubator Program. It is with this program that Meriwest Credit Union partners with the Black Chamber. Our staff serves as judges in the annual High School Business Plan Competition.
The Silicon Valley Black Chamber of Commerce provides a window of visibility, understanding and communication between the African American community and the larger community in Santa Clara County. Opening this window allows the links between needs, services and products to take place between communities. They are committed to using both traditional and innovative strategies to empower the community to overcome historical business and financial obstacles that currently hamper growth.
Other Economic Development Links
If you are interested in starting a business or would like to learn more about how to grow and expand your current business, please browse the following sites:
- U.S. Internal Revenue Service
The U.S. Internal Revenue Service offers information on taxes and many tools for small business owners. For your employees, there is a calculator that anonymously calculates their proper paycheck withholding. There is important information available about ID Theft and how being a victim can affect taxes and what one can do about it. There is also information about the tax credits available for higher education and more.
For our members who own businesses there is information on the various business tax credits that are available. Business Owners can find the publications and forms they may need for filing a tax return or payment. There are also content and small business resource links to help the small business owners in our community thrive.
IRS information for Individuals
IRS information for Small Business Owners
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to educating entrepreneurs and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
- Small Business Development Center of Silicon Valley
The Silicon Valley Small Business Development Center offers a wide variety of services for present small business owners. All counseling services are confidential and free of charge. The Silicon Valley SBDC is dedicated to assisting with small business opportunities, preventing future problems, improving management skills, helping businesses expand and develop, promoting minority and women-owned businesses, and creating and retaining jobs.
- Small Business Administration
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. They recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although the SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.
The SBA does not provide direct loans. Rather, the SBA agency provides guarantees to loans availed through SBA's partner lending institutions, which includes Meriwest Credit Union. Find out more about applying for an SBA loan from Meriwest Credit Union