GO-BIZ ANNOUNCES $17 MILLION IN NEW SMALL BUSINESS TECHNICAL ASSISTANCE GRANTS
Friday, November 23, 2018
Sacramento, Calif. – The Governor’s Office of Business and Economic Development (GO-Biz) today announced grant awards to 84 recipients of the California Small Business Technical Assistance Expansion Program (SB TAEP). The state’s $17 million in new grant funding has been allocated to technical assistance centers serving traditionally underserved business groups, including women, minority, and veteran-owned businesses and businesses in low-wealth, rural, and disaster-impacted communities.
“California is home to the largest number and fastest growing start-ups and small businesses in the country doing everything from providing professional services to innovating next gen consumer products,” said GO-Biz Director Panorea Avdis. “This new grant program will give many of these small businesses the expert advice and tools they need to grow and maintain their ventures.”
SB TAEP was created as part of the Governor’s Fiscal Year 2018 / 2019 state budget to expand the capacity of federal small business technical assistance programs and services in California such as free or low-cost one-on-one consulting and low-cost training. GO-Biz worked closely with the Legislature to establish the grant program and is charged with implementing and administering the program.
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