ADMINISTRATIVE REPORT
MEETING DATE: July 22, 2024 AGENDA CATEGORY: New Business TO: Budget, Finance and Economic Development Committee
FROM: Jennifer M. Byers, Economic and Community Development Director DATE: July 15, 2024
SUBJECT: Presentation on the City of Bakersfield’s Entrepreneurship Grant Program
Presentation on the City of Bakersfield’s Entrepreneurship Grant Program
RECOMMENDATION:
Staff recommends Committee receive and file the presentation
BACKGROUND: In June of 2023, the City partnered with three technical advisors: California State University Bakersfield, Extended Education and Small Business Development Center , Bakersfield College Launchpad and the Kern County Black Chamber of Commerce to support the Program and assist in fostering a more equitable entrepreneurship ecosystem through education and mentorship.
Staff and members of the technical advisory team will present the program and its accomplishments.
FISCAL IMPACT: The program was funded from the American Recue Plan Action (ARPA) in the FY 2023-24 budget and did not have an impact on the General Fund.
COUNCIL GOAL:
Economic Opportunity for All
ATTACHMENTS:
None