Agenda

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C. 35

To:	Board of Supervisors
From:	Kathy Gallagher, Employment & Human Services Director
Date:	April 12, 2016

Contra

Costa

County

Subject:

Heritage Bank of Commerce Funding

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 04/12/2016

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Elaine Burres, 313-1717

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: April 12, 2016
David Twa,

BY:	, Deputy

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.

CONSEQUENCE OF NEGATIVE ACTION:

Small Business Development Center services to the proposed Antioch population would be curtailed.

CHILDREN'S IMPACT STATEMENT:

Not applicable.