The Inland Empire Small Business Development Center, which provides guidance and technical assistance to help existing and startup businesses, has received a three year grant for $150,000 from the Union Bank Foundation.
The IESBDC is housed in Cal State San Bernardino’s Inland Empire Center for Entrepreneurship, which provides a number of programs and services on campus and in the community to help support the development of entrepreneurs and small businesses.
“The IESBDC is a major component of our efforts at the university to be a key resource for the community,” said Mike Stull, director of IECE. “Aspiring and existing business owners face a wide range of challenges, and having a program like the IESBDC available to provide business counseling and training helps increase their odds of success. The support of Union Bank will help us have an even greater impact in the region by helping more businesses launch and grow.”
The grant comes after the foundation recently announced grant funding for nearly 30 small business technical assistance and homeownership counseling nonprofit organizations in California and the Pacific Northwest.
“Union Bank is committed to helping businesses increase their revenue and the number of employees they hire,” said Julius Robinson, Union Bank executive vice president and head of corporate social responsibility. “We are equally committed to helping individuals and families build assets and make informed decisions about homeownership.”
The presentation was made on Monday, June 3, at Chino University Hall, in Chino.
The Inland Empire SBDC is partially funded through a cooperative agreement between Cal State Fullerton and the U.S. Small Business Administration to provide technical assistance to businesses in San Bernardino and Riverside counties and is part of the Inland Empire Center for Entrepreneurship at Cal State San Bernardino, said Vincent McCoy, director of the Inland Empire Small Business Development Center.
The center’s strong relationships with eight cities in the Inland Empire have been instrumental in finding and
attracting businesses that need help improving their competitive standing in the marketplace, McCoy said. “We have an excellent track record with working with them,” McCoy said, who has been with the center 13 years.
The center, which has offices in Ontario, Victorville and Riverside, offers assistance in important business management areas that include access to capital, marketing, social media, sales, business planning and development, operational improvement, QuickBooks, and government and corporate contracting, McCoy said.
The Union Bank Foundation, a nonprofit public benefit corporation, serves as an agent for charitable contributions made by Union Bank. Established in 1953, the foundation has, throughout its history, supported the bank’s commitment to help meet the needs of the communities it serves.
For more information on the Union Bank Foundation, call Jane Yedinak at (415) 765-3241, or email firstname.lastname@example.org.
For more information, visit the Inland Empire Small Business Development Center website, or call (951) 781-2345.
For more information on Cal State San Bernardino, contact the university’s Office of Public Affairs at (909) 537-5007 and visit news.csusb.edu.