530/741-6463
email:  mhansen@syix.com
(SBDC) 530/749-0153

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 New Group of Entrepreneurs
Hits the Streets
 

The fourth Microenterprise Training Program class recently graduated 11 business entrepreneurs from the Yuba-Sutter area and 4 graduates from the first Independence Through Self-Employment Training Program.  Developed as a joint partnership with the County of Yuba, the Yuba College Small Business Development Center (SBDC), and the Yuba-Sutter Economic Development Corporation.  A microenterprise is defined as a small business that employs five or fewer employees and operates on a small budget.  In the Yuba-Sutter area, 72 percent of the businesses fit this definition.

Accredited through the college system, the training programs are designed to give business owners and potential business owners the essential expertise in marketing, research, financial planning, and marketing strategies to help assure success in their business ventures.  The Yuba College SBDC provides training and consulting services.  The training classes or a minimum of 12 contact hours with an SBDC consultant is a requirement to access the Micro Loan Program, which provides loans ranging from $250 to $25,000.  The Yuba College SBDC assists clients with preparing the loan application, and Yuba-Sutter Economic Development Corporation assesses client loan applications and services the loans approved.

The Independence Through Self-Employment Training Program is a new program developed through the assistance of the CalWorks offices in both Yuba and Sutter Counties and is designed to address the needs of individuals receiving public assistance.

Graduation for both programs was held on December 13 and include:  Colleen Johnson, Angelica Macarthur Kline, Jeannine Ovepeck, Corey Robinson,  Aaron Salais, Sharon Blumhagen, Helen Herrick,  Jeana McKenzie, Erin Sarten, and Bonnie Thielman; and completing the program with perfect attendance:  Laura Burnham, Ken Daniels, Cashalyn Gilliss, Sharon Martin, and Edward Nemanic,

The next Training Programs are scheduled to begin after the new year.  A waiting list has already started and interested entrepreneurs can sign up by calling the SBDC at 749-0153.

The program is funded through the County of Yuba under the Yuba County Job Creation Investment Fund Grant, Community Development Block Grant Funds, and program income from revolving loan fund programs.  Yuba City will partner with the program to assist in funding the next classes under the Independence Through Self-Employment Training Program.