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Meeting Date: 08/22/2016  
SMALL BUSINESS SERVICE ASSISTANCE GRANT PROGRAM
Submitted for: Melissa Ortega Submitted By: Melissa Ortega
Department: Economic Development  

Subject:
Discussion and possible action to accept a contract agreement from the Office of the Governor's Business Assistance Division for a grant awarded in the amount of $10,000 for the purpose of offering and promoting activities that will benefit small businesses and Historically Underutilized Businesses (HUBs) by raising awareness and providing opportunities for obtaining financial assistance to residents in the rural areas of Webb County; contract end date of November 30, 2016; and designating the County Judge as the County's Chief Executive Officer and authorized representative to act in all matters in connection to this project. A Twenty percent (20%) In-Kind match will be provided. This action will not impact the County General Fund and will not create any new positions.
 

Issue: Many local programs geared towards small business development are not adequately promoted or offered in rural areas of Webb County.
 
Solution: Webb County has been awarded $10,000 in grants funds to offer and promote small business development activities, with a focus on rural residents.
 
Result: The acceptance of this Small Business Service Provider Grant will assist rural residents through workshops directed at providing information on how to start a small business and identify various lending institutions that provide small business loans.
Background:
N/A
Previous Court Action:
Agenda item# 8.a. 5/23/2016

Fiscal Impact
Budget Account Number: 291-104
Funding Source: 291
Balance: 10,000
Financial Impact:
No impact to County General Fund.
Attachments
SBS Grant Award


    

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