RECOMMENDATION(S):
APPROVE and AUTHORIZE the Employment and Human Services Director, or designee, on behalf of the Workforce Development Board, to apply for and accept grant funding in an amount not to exceed $20,000 from the Heritage Bank of Commerce for Small Business Development Center services to the low-to-moderate income population of Antioch for the period July 1, 2016 through June 30, 2017.
FISCAL IMPACT:
County to receive an amount not to exceed $20,000 from the Heritage Bank of Commerce. (Match $20,000)
BACKGROUND:
The Small Business Development Center (SBDC) will partner with the Heritage Bank of Commerce to serve the low-to-moderate income population in Antioch and surrounding areas of Far East Contra Costa County with no-cost small business advising and training with the goal of starting and growing micro-enterprises and small businesses. SBDC will support the key challenges of access to capital, building the capacity of the population to successfully leverage their businesses to increase sales, and create employment in the region.
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