August 25, 2003 Vol. VIII, No. 1

University to Oversee Small Business Development Centers

The U.S. Small Business Administration (SBA) has selected Cal State Northridge to oversee its small business development centers in Los Angeles, Ventura and Santa Barbara counties.

As the new District 3 Regional Lead Center for Business Development Network, the College of Business and Economics will receive $2.9 million annually from the federal government to administer and fund the network of small business development centers in the three-county region. The centers provide small business owners with one-stop access to free business consulting, planning, marketing and training programs.

"Our business college has a long record of working with the community, particularly in the areas of small business and entrepreneurship," said President Jolene Koester. "We are proud of what this selection says about our programs. It underscores Northridge's commitment to be involved in the community and to help enhance the region's economy."

Cal State Northridge worked closely with the Valley Economic Development Center (VEDC)--host of the North Los Angeles Small Business Development Center, the largest and most successful such center in Californiačto develop the proposal for oversight of the small business development centers.

Applicants for the lead center were reviewed for experience, ability to establish and operate a network of service centers, oversight controls, financial and administrative capabilities, and plans to work cooperatively with the SBA and other community and small business organizations.

"California State University, Northridge is the logical choice for the new regional lead center for the small business development centers," said Bob Holguin, director of the North Los Angeles Small Business Development Center. "Its missions and goals are very much in line with those of the U.S. Small Business Administration and the VEDC."

@csun | August 25, 2003 issue
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