Small business job creation grant will reach Lake Tahoe
By Darrell Smith, Sacramento Bee
Sacramento-area small-business development centers will receive more than $600,000, among the first in a wave of federal SBA grants to fund job creation programs, hire more small-business counselors and support microbusinesses across the country, the U.S. Small Business Administration has announced.
“It’s about jobs, jobs, jobs – creating these jobs,” said Panda Morgan, director of the Northeastern California Small Business Development Center’s Greater Sacramento office, which will receive $100,000 as part of the award.
“Who has the potential to hire? It’s small business. We survive on the well being of small businesses,” Morgan said.
In all, nearly $3.9 million is headed to small-business centers in Alaska, Idaho, Iowa, Michigan, South Carolina and here in Northern California – six initial awards that are part of $50 million in funding included in the Small Business Jobs Act of 2010 that was signed into law in September.
The $616,586 grant for the Northeastern California Small Business Development Center also includes funding for other centers in Butte, San Joaquin, Shasta and Yuba counties, which cover a territory stretching from the Oregon state line south to Stockton and east to Lake Tahoe.