released 5/29/2001 -- for more information:
Mary A. Hansen, Airport & Enterprise Zone Manager
Jim Hunter, Small Business Development Center

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

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 Third Group of Entrepreneurs
Hits the Streets

The third Microenterprise Training Program class recently graduated 12 business entrepreneurs from the Yuba-Sutter area.  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 program is 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.

Graduation was held on May 17 and included the following graduates:  Norma Jean Teufel, Howard Teufel, Frank Scovill, Michael Harner, Raymundo Flores, Cherylann Flores, Sue Cejner, Suzi Cartwright, Alan Cartwright, and Brenda Banducci.  Special recognition was given those who completed the program with perfect attendance: Suzanne Rhinehart and Joni Findley.

The next Yuba-Sutter Microenterprise Training Program is scheduled to begin in September.  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.

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