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5/29/2001 -- for more information: Mary A. Hansen, Airport & Enterprise Zone Manager Jim Hunter, Small Business Development Center |
530/741-6463 |
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BACK
TO HOME | BACK
TO ONLINE NEWS 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.
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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