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Public hearing on the accomplishments of a 2009 State Community Development Block Grant (CDBG) Economic Assistance for a Microenterprise Business Support and Technical Assistance Program and Microenterprise Loan Program
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Published Notice Required? Yes ____ No __X_
Public Hearing Required? Yes _X__ No ____
DEPARTMENTAL RECOMMENDATION:
It is recommended that the Board conduct a public hearing on the accomplishments of a 2009 State Community Development Block Grant (CDBG) Economic Assistance for a Microenterprise Business Support and Technical Assistance Program and Microenterprise Loan Program.
SUMMARY:
The County was awarded a two-year $300,000 in grant funding in 2009 to develop a Micro-Enterprise Technical Assistance Program and a Microenterprise Loan Program that serves the non-entitled cities of Benicia, Dixon, Suisun City and Rio Vista and in the unincorporated areas of Solano County. The Solano College Small Business Development Center was selected to administer the grant activities. The grant expired in December 2011. A final requirement of the grant is to conduct a public hearing on the results of the activities during the grant period.
FINANCIAL IMPACT:
There is no direct cost to preparing this required report of the CDBG program.
DISCUSSION:
In conjunction with the non-entitled communities, Solano County explored ways to access Community Development Block Grant (CDBG) Economic Assistance funds to stimulate economic activity in the respective communities. This resulted in a successful award of a two-year $300,000 grant to establish a Microenterprise Business Support and Technical Assistance Program and a Microenterpise Loan Program.
Microenterprise Business Support and Technical Assistance Program. Services under this program included providing low- to moderate-income businesses with training and counseling services related to business startup basics, business planning, financing, marketing, basic bookkeeping, hiri...
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