Elk Grove Chamber to Serve as South Sacramento Hub for Regional Small Business Development Center

The Sacramento Metro Chamber, in partnership with the Sacramento State College of Business Administration, was awarded a contract from the U.S. Small Business Administration to manage the Small Business Development Center for eight northern California counties (Sacramento, Yolo, Yuba, Sutter, Lake, Colusa and the 916 portions of Placer and El Dorado).

As part of their agreement, the Elk Grove Chamber has committed to participate as the South Sacramento regional hub for the organization.

The newly formed “Capital Region SBDC,” is a region-wide platform enabling strategic partners within the entire county service area – chambers of commerce, cities, counties and other partners, to advance the core objectives of the SBDC – deep counseling appointments, business loans and business start-ups.

“Small business is the driver of the Capital Region’s economy. To expand our economy, we must connect business owners with the capital they need to grow their own operations,” James Beckwith, president and CEO Five Star Bank and Metro Chamber Board of Directors chair said.

“The Elk Grove Chamber is looking forward to its continued relationship with the SBDC.” Said Nancy Milton, Elk Grove Chamber Board Chair. “SBDC consulting and workshops provide a valuable resource for the business community and we look forward to welcoming folks from all over the South County.”

According to Northeastern California SBDC client surveys, positive impacts created through SBDC services in 2013 included: more than $9.2 million in acquired loans and equity capital, $16.8 million in sales increases as well as the launch of 79 new businesses.

The Capital Region SBDC will be headquarter at One Capitol Mall, Suite 300 in downtown Sacramento and will provide services in coordination with seven sub-regional “hubs” throughout the eight county service area: Yolo County: Davis Chamber of Commerce; Highway 50: Folsom Chamber of Commerce; South Sacramento County: Elk Grove Chamber of Commerce; South Placer County: William Jessup University; Yuba and Sutter counties: Yuba-Sutter Chamber of Commerce; Lake County: Lake County Chamber of Commerce; Colusa County: Colusa County Administrative Offices.

Services will also be coordinated through three demographic hubs: The Sacramento chapter of NAWBO – National Association of Women Business Owners; the Sacramento Observer; and the Veterans Resource Center at Sierra College.

--Info submitted from Elk Grove Chamber