Northeastern California Small Business Development Center Receives Grant to Help Create Jobs

FOR IMMEDIATE RELEASE
Date: 02-04-2011

Kathleen McPartland
Public Affairs
530-898-4260
Dan Ripke, director
Small Business Development Center
530-898-3861

The Northeastern California Small Business Development Center (SBDC) at California State University, Chico has received a grant for $616,586 to expand access to programs to help entrepreneurs start or grow their businesses and create jobs. The grant to the Northeastern California SBDC is one of six grants that are part of $50 million in funding included in the Small Business Jobs Act of 2010 signed by President Obama last September.

A key provision of the Jobs Act provides separate one-time funding to the SBDCs to support job creation and retention within the small business community through in-depth business counseling and advising to entrepreneurs and small business owners.

The grant to the Northeastern California SBDC and the other California centers will allow them to offer such assistance as supporting small businesses negatively impacted by foreign trade practices, partnering with other federal and state programs to assist technology firms with innovation, counseling second-stage companies in how to increase business growth, assisting small business participation in government opportunities, and adding business advisers to rural service centers to reach underserved clients.

“These new funds will allow us to increase our level of technical assistance to small business to meet the ever-growing need,” said Dan Ripke, director of the Northeastern California SBDC. “In particular, we will be focusing our efforts on innovative technology companies.”

The CSU, Chico Research Foundation’s Northeastern SBDC is one of six lead centers in California that covers the Sacramento geographic region from San Joaquin County in the south to Modoc County in the north. It provides administrative services, training and oversight services to the 21 counties in the region.

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