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1 RiversideCA.gov
1 RiversideCA.gov
2022-2024 INLAND EMPIRE SMALL
BUSINESS DEVELOPMENT CENTER
GRANT AGREEMENT
Economic Development, Placemaking, Branding/Marketing Committee November 17, 2022
Community & Economic Development
RiversideCA.gov
2 1. The IESBDC – serving City of Riverside and surrounding communities for over 24 years
2. On March 23, 2004
A. City Council approved grant funding for IESBDC
B. Local access to business support services
3. Scope of services has changed - reflect evolving needs of business community
4. On August 18, 2020
A. City Council approved a 2-year contract
B. $50,000 annually for duration of contract (total $100,000)
BACKGROUND
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3 1. Partnership driven organization
2. Funded by the SBA
3. Required to raise 54% of funding
from public and private partners
4. Unique Services
A. Depth of Services – Breadth of
Industry Expertise – Capacity
B. Services are inclusive
C. Provides multi-lingual support
D. Accommodates entrepreneurs
with both in-person and virtual
options
5. One-on-one/workshop
support
A. Business planning
B. Marketing education
C. Funding and financial
consulting
D. Business management
education
E. Expansion strategies
F. Business succession
planning
DISCUSSION
RiversideCA.gov
4 CASES
1059 Clients: confidential,
one-to-one counseling
sessions in the fiscal year
TRAINING
102 Workshops
4890 Attendees
BUSINESS TYPES (CASES)
13% Retail
28% Service-based
02% Wholesalers
03% Manufacturers
11% Construction
23% Other including: nutrition,
logistics, realtors, tutoring, etc.
CONTRACT ACTIVITY REPORT
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5 AREAS OF CONSULTING
14% Business Startup
32% Access to Capital
16% Marketing
11% Procurement
18% Business management
Over 13 million in disaster
assistance funding issued
CLIENT DEMOGRAPHICS
40% Hispanic
20%African American
06% Asian
03% Native American
39% Caucasian or decline
GENDER DEMOGRAPHICS
34% Woman-owned
37% Male
13% Both
CONTRACT ACTIVITY REPORT
RiversideCA.gov
6 Full Service General contracting
Guidance on securing 8a SBA
certification and bidding
Certified and awarded a
contract with U.S. General
Services Administration
OCS CONSTRUCTION SERVICES
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7 Strategic Priority 3 - Economic Opportunity
Goals 3.1—Facilitate partnerships and programs to develop, attract and retain innovative business sectors
Goal 3.3—Cultivate a business climate welcoming innovation, entrepreneurship and investment.
Goal 3.4—Work with partners to implement policies and programs that promote local business growth and ensure equitable opportunities for all.
Cross-Cutting Threads
STRATEGIC PLAN ALIGNMENT
RiversideCA.gov
8 That The Economic Development, Placemaking,
Branding/Marketing Committee receive an update on the
proposed First Amendment to the Professional Consultant Services Agreement between University Enterprises
Corporation at California State University San Bernardino on behalf of the Inland Empire Small Business
Development Center, a California Corporation, and the
City of Riverside.
RECOMMENDATION
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