California Black Chamber of Commerce is partnering with Black Small Business Association of California, Green Tech and Neighborhood Innovation to create the Marginalized Community & Small Business Coalition designed provide access to information about the resources available to them locally, statewide and through federal programs. The program and will provide essential services critical to meeting eligibility requirements, fundamental business training, marketing strategies, business startup assistance and providing both business and personal financial literacy training. We will also work with youth to provide a solid foundation for the next generation of entrepreneurs by providing education and resources that targets green and STEM based businesses.
The purpose of this program is to address the negative economic impacts and disproportionate impacts of the COVID-19 public health emergency by providing technical assistance to eligible small businesses from historically underserved and underrepresented subsections of the small business community and entrepreneurial training to eligible youth from low- to moderate-income households. The technical assistance will aid with small business recovery and growth, while the entrepreneurial training will accelerate rehiring.
The Program shall be comprised of the following two components:
A) Technical assistance to eligible small businesses from historically underserved and underrepresented subsections of the small business community; and
- Assistance registering and applying for government contracting as well as procurement opportunities;
- Assistance obtaining state and federal certifications including but not limited to Small Business (SB) and Disabled Veteran Business Enterprises (DVBE);
- Assistance connecting with financial institutions;
- Assistance with creating or improving business plans;
- Assistance with creating or improving marketing plans;
- Assistance with business startup activities; and
- Financial literacy and wealth building training;
B) Entrepreneurial training to eligible youth from low- to moderate-income households.
- Work readiness: business communication, skill building and resume writing, interview techniques, securing and maintaining the job, and team building;
- Industry job training: agriculture, landscaping, solar technology and energy efficiency, weatherization and home improvement, woodwork and pre-apprentice construction;
- Entrepreneurial awareness: elements of a business plan, manufacturing, marketing, and budgeting; and
- Life skills: personal and social emotional awareness, history, personal documents, academic and professional goals, financial literacy;
A. For purpose of this agreement, a “Small Business” is a small business that:
- Is a “small business” as defined in section 35.3 of the ARPA final rule (title 31, CFR, section 35.3);
- Is located within the city limits of the City of Sacramento; and
- Meets either or both of the following: (i) is located within a 2021 or 2022 HUD Qualified Census Tract (QCT), or (ii) has faced challenges in covering payroll, mortgage or rent, or other operating costs as a result of the public health emergency and measures taken to control the spread of COVID-19.
B. For the purposes of this agreement, a “Youth” is a person who:
- Is 16 to 24 years old;
- Resides within the city limits of the City of Sacramento;
- Wants and is available for work, including a person who is unemployed, has looked for work sometime in the past 12 months, who is employed part time but who wants and is available for full-time work, or who is employed but seeking a position with greater opportunities for economic advancement; and
- Meets either or both of the following: (i) resides within a 2021 or 2022 HUD QCT, or (ii) resides in a moderate-income household as defined under 31 CFR §35.3.