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1 RiversideCA.gov
2022-2024 INLAND EMPIRE SMALL
BUSINESS DEVELOPMENT CENTER
GRANT AGREEMENT
City Council
December 6, 2022
Community & Economic Development
RiversideCA.gov
2 1. The IESBDC has served the City of Riverside and
surrounding communities for over 24 years.
2. On March 23, 2004, City Council approved grant
funding for IESBDC to ensure local access to business
support services.
3. Over time, the partnership has grown, and the scope of services has changed to reflect the evolving needs of
the business community.
BACKGROUND
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3 4. On August 18, 2020, City Council approved a 2-year contract through FY 2021/2022.
5. On November 17, 2022, the Economic
Development, Placemaking, Branding/Marketing
Committee reviewed and unanimously
recommended that the City Council approve the
first amendment to the Professional Consultant
Services Agreement and authorize the City
Manager or designee to execute.
BACKGROUND
RiversideCA.gov
4 1. The IESBDC is a partnership driven organization, funded by the SBA and required to raise 54% of its funding from public and private partners.
2. IESBDC services are unique. No other local or regional organization offers the comprehensive depth of services, breadth of industry expertise and capacity to serve such a large volume of businesses.
3. Services are inclusive: the IESBDC provides multi-lingual support and accommodates entrepreneurs with both in-person and virtual options.
4. Services include one-on-one and workshop support for:
A. Business planning
B. Marketing education
C. Funding and financial consulting
D. Business management education
E. Expansion strategies
F. Business succession planning
DISCUSSION
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5 T h em i s s i o no ft h eS B D Ci st op r o v i d et h es m a l l business community with expert counseling, useful
training and important resources needed to achieve
their dreams.
RiversideCA.gov
6 Programs and Services
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7 Programs and Services
RiversideCA.gov
8 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
CASES
– 1059 Clients:
confidential, one-
to-one counseling
sessions in the fiscal
year
TRAINING
– 102 Workshops
– 4890 Attendees
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9 AREAS OF CONSULTING
1. 14% Business Startup
2. 32% Access to Capital
3. 16% Marketing
4. 11% Procurement
5. 18% Business
management
6. Over 13 million in disaster
assistance funding issued
Contract ACTIVITY REPORT
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
RiversideCA.gov
10 1. Full Service general
contracting
2. Needed guidance on
securing 8a SBA
certification and bidding .
3. Got certified and awarded
a contract with U.S.
General Services
Administration.
OCS Construction Services
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11 1. Wanted to start a new
business
2. Assisted with financial
projections, assessing
feasibility, securing funding
3. CA Dream Fund
4. Open date: 7/1/22
Roxy’s Registrations LLC
RiversideCA.gov
12 Strategic Priority No. 3 – Economic Opportunity
Goal 3.1 – Facilitate partnerships and programs to develop, attract and retain innovative business sectors
Goal 3.3 – Cultivate a business climate that welcomes 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
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13 That City Council:
1. Approve the 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 in the total amount of $100,000; and
2. Authorize the City Manager, or designee, to execute the professional consultant services agreement with University Enterprises Corporation on behalf of the Inland Empire Small Business Development Center, including making minor and non-s ubstantive changes to complete the transaction.
RECOMMENDATIONS
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