The Cal State Fullerton Mihaylo College chapter of the Small Business Development Center (SBDC), which assists startups in Orange County, the Inland Empire and the desert communities, has received a nearly $1 million award from the California Governor’s Office of Business and Economic Development for the 2018-2019 Small Business Technical Assistance Expansion Program.
Designed to expand the capacity of small business assistance, the grant will provide funding for business consulting with advisors and business training through workshops, classes and other activities; the grant is part of a broader $23 million awarded to centers across the state.
With a particular focus on women-launched firms and entrepreneurs from historically underserved demographics and communities, rural areas, and localities recovering from disasters such as the California wildfires, the Mihaylo College chapter was ranked first in the nation for providing access to capital, assisting clients with $326 million in debt and equity capital in 2017. An estimated 1,209 jobs were created through concepts developed at the center last year.
The business consultants of the CSUF SBDC, which operates in partnership with the U.S. Small Business Administration (SBA), provide individual consulting and advising, low-cost seminars, technical and trade assistance, venture capital formation, feasibility studies, business plan reviews, marketing support, production assistance, and organizational advice to support new concepts in a wide range of industries.
For More Information
Do you have a business concept that you would like to turn into reality? The SBDC is ready to advise startups launched by members of the community, including students and alumni. You can set up an appointment by calling 657-278-2719 or using the center’s contact form.
Read more small business development articles on this website.