Business students at two inland Southern California universities receive welcomed assistance with tuition and experiential educational expenses through grants from Small Business Development Corporation of Orange County.
SVP of Commercial Lending participates in Khmer & AAPI training workshop
On November 12, 2022 the William Stephanie Foundation hosted the “Disaster Preparedness & Crisis Communication” and “SBA Resources and Access to Capital” training workshops at the Long Beach Expo Arts Center. Guest panelists included Small Business Development Corporation of Orange County’s Nestor Correa, SVP of Lending. The foundation aims to connect Khmer & AAPI entrepreneurs to resources, and provide a space to network to build a sustainable economy within the community.
SBDC-OC participates in panel at economic and empowerment summit
Last Friday, SBDC-OC President Michael A. Ocasio participated in the 19th Economic Development and Empowerment Summit, sponsored by The National Diversity Coalition. The conference was full of excellent talks and opportunities on the vast world of the metaverse. The summit provided information on cryptocurrency's future while allowing participants to learn more about housing and small businesses. Our staff got a chance to meet OCC Acting Comptroller Michael Hsu, who provided a Q&A session with event participants.
The National Diversity Coalition (NDC) is a non-profit organization advocating for greater opportunity, financial equality, and economic empowerment for the diverse, minority and low-to-moderate income communities. NDC works with corporations and federal, as well as state agencies, on policies that help break down the barriers of the unbanked and underbanked, through greater corporate social responsibility, consumer protection, supplier diversity, providing access to capital and broadband, among others.
SBDC-OC staff attend 2022 OFN Network in New York City
Development Corporation hosts Board and Employee Retreat
Sometimes a simple thank you isn’t enough. To express deep appreciation for its employees’ hard work this past fiscal year, Small Business Development Corporation of Orange County recently treated them to a two-day get-away to Catalina Island complete with beach-side palapas. This fun trip occurred in concert with the organization’s annual board meeting allowing employees and directors to jointly celebrate a highly successful year helping small businesses reach their goals through loan guarantees and other assistance.
Development Corporation attends California Small Business Day
Comerica Bank and Development Corporation host official check-signing event
Development Prez shares insights about state government loans on Podcast
On August 1st, Michael Ocasio, President / CEO of Small Business Development Corporation of Orange County (SBDC-OC) was interviewed by podcast host Gene Valdez on the series CEO to Rainmaker, sharing insights about state government loans. CEO To Rainmaker is a weekly small business educational show dedicated to elevating a CEO’s executive skills so that their companies will stay in business for a very long time and grow. Take a listen to the podcast!
SBDC-OC and CAMEO Network meet with Assemblywoman
SBDC-OC helps support real estate association’s signature education event
Development Corporation attends San Bernardino County Economic Forecast
As the economic downturn caused by the COVID-19 pandemic fades further into our rearview mirror, the impact of the massive fiscal stimulus that was injected into the U.S. economy during the crisis has taken center stage. The historic stimulus created an enormous amount of private sector wealth, which has shown in the form of high savings rates, excessive consumption, rapidly rising asset markets, and exploding home prices.
At this year's San Bernardino County Economic Forecast Conference, Dr. Christopher Thornberg presented a comprehensive forecast for the national, state, and Inland Empire economies, addressing the most important trends affecting consumers, businesses, real estate markets, and government through 2022 and beyond.
Keynote speakers included California State Treasurer Fiona Ma, UCR Research Manager Dr. Taner Osman, and County of San Bernardino CEO Leonard Hernandez.
Acting Comptroller Discusses Importance of CDFI's and MDI's
Over 10K Jobs Created or Preserved through COVID-19 Micro Loan Guarantees
California Infrastructure and Economic Development Bank (IBank) recently celebrated an amazing milestone – more than 10,000 jobs created or retained by California small businesses since April 2020 through IBank’s Covid-19 Micro Loan Guarantee Program. This initiative, which resulted in $92 million in approved loans, represents a state investment of $50 million in the wellbeing of its most vulnerable businesses during a critical time. Small and micro businesses are our state’s economic lifeblood. As such, Small Business Development Corporation of Orange County is profoundly grateful for the important work of IBank in supporting these business communities, for the lenders who collaborate with SBDC-OC in providing crucial funding, and for our community leaders for building awareness and continuing their commitment to assist local business owners. Improving and maintaining the health of our economy is truly a team effort.
National Small Business Week
It’s National #SmallBusinessWeek! For more than 50 years, the U.S. Small Business Administration has celebrated the contributions of America’s entrepreneurs and small business owners. Show your support and learn how to help spread the word: www.sba.gov/nsbw
SBDC-OC meets with community lender ALTCap
Staff members Michael A. Ocasio, Nestor Correa, Eduardo Brugman and loan committee chair Jim Elyspent time in Los Angeles meeting with David R. Desai - Ramirez of AltCap, along with attorney Cecily Jackson-Zapata to discuss capital access opportunities for small business owners in Los Angeles.
SBDC-OC sponsors Coachella Valley Business Conference
Today Small Business Development Corporation of Orange County, along with guest organization Enterprise Funding Corporation and Jim Ely of SBA Pro, are attending the 2022 Coachella Valley Business Conference and Economic Forecast. All three organizations are working together to bring capital access to Coachella Valley small business owners.
SBDC-OC attends California Small Business Day
August 18th is California Small Business Day. To celebrate, our staff and invited guests joined with our state legislators in Sacramento to recognize and salute small businesses throughout the state.
California Small Business Day is the result of Assembly Resolution HR-57 that passed unanimously in 2000. This event brings together small business leaders, California state senators, assembly members and other state agency leaders in celebrating outstanding accomplishments and recognize the contribution of small business to the state of California.
California Small Business Day is an opportunity to connect with small business leaders, legislators, and other state agencies.
SBDC-OC employees donate to Grandma's House of Hope
It wouldn’t be Christmas without a celebration of giving, and during these very difficult times, giving to those in need is particularly important. This year, Small Business Development Corporation of Orange County and its employees were privileged to contribute $2,740 in personal and corporate funds to Grandma’s House of Hope, a nonprofit in Santa Ana that is doing extraordinary work making sure families have food, at-risk youth have educational support, and men and women who face obstacles are provided the best opportunities. We encourage all who are able to financially support organizations that are striving to meet basic needs that have dramatically increased due to the COVID-19 pandemic. What better season to come together and lift each other up.
SBDC-OC celebrates Black Chamber of Commerce of OC's 35th Anniversary
We want to congratulate our friends at the Black Chamber of Commerce of Orange County for celebrating 35 years of serving Southern California with a myriad of events and programs. Please watch their Year In Review video, showcasing business and community endeavors, helping increase, enhance and grow local businesses.
