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.