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College Chosen to Expand Small Business Development Center.


The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Small Business Administration has selected Rio Hondo Community College District (RHCCD) to expand the Small Business Development Center (SBDO SBDO Space Business Development Operation ) headquartered in the City of Commerce. The initial award, contracted through the California Trade and Commerce Agency, totals $180,000 with additional funding amounts anticipated for 2001 and beyond. Operated by RHO Rho

The rate at which the price of a derivative changes relative to a change in the risk-free rate of interest. Rho measures the sensitivity of an option or options portfolio to a change in interest rate.
, the expanded SBDC SBDC Small Business Development Center
SBDC South Bucks District Council (UK)
SBDC Small Business Development Company (Trinidad and Tobago)
SBDC Simulation Based Design Center
. will serve the southeast LA region with free business counseling, planning, marketing and training programs.

"By operating the Southeast Los Angeles SBDC Rio Hondo College Rio Hondo College is a community college located in unincorporated Whittier, California. It was founded in 1960 and mainly serves the cities of Whittier, Pico Rivera, Santa Fe Springs, El Monte, and South El Monte.  will enhance and accelerate the speed with which small businesses are informed about available resources. This will increase their access to counseling, training and funding and thereby increase their probability of growth and success," explains Jean Petty RHC RHC Rural Health Clinic
RHC Radio Habana Cuba
RHC Rio Hondo College
RHC Rural Health Centers
RHC Residence Hall Council
RHC Receding Horizon Control
RHC Right-Hand Circular
RHC Regional Holding Company
RHC Robinson Helicopter Company
 Dean. of Corporate and Community Development, who played a vital role in obtaining the grant.

The Southeast Los Angeles SBDC serves a total population of 1,017,880 people from 19 cities, including Whittier, Pico Rivera, Santa Fe Springs Santa Fe Springs, city (1990 pop. 15,520), Los Angeles co., SW Calif., inc. 1957. The city lies in an oil and natural gas region and has diversified manufacturing. , Norwalk, La Mirada, Downey, Commerce, East Los Angeles East Los Angeles, uninc. city (1990 pop. 126,379), Los Angeles co., S Calif., a residential suburb of Los Angeles, in an industrial area. It has a large Mexican-American population. There is a performing arts center and a cultural center. A junior college is there. , South Gate, Montebello, Bellflower, Paramount, Bell Gardens, Bell, Maywood and Cudahy.

Long before colleges were legislated in 1996 to implement economic and workforce development programs, RHC Superintendent/President Dr. Jesus "Jess" Carreon was actively involved In these activities. In fact, Carreon created an Economic and Community Development division at RI-IC to house business counseling and training, community outreach and enrichment programs.

Situated within the historic Citadel property along side Telegraph Road, north of the 5 freeway, the SBDC service area spans roughly from the 710 freeway to the Orange County line and from the 60 freeway to the 105 freeway.

"We have worked very hard for well over a year, partnering with Brian Dowling of the City of Commerce, as well as private and public entities to ensure that our SBDC proposal met the needs of our business community," said Carreon.

As one of 107 California community colleges, 20 of which have SBDC contracts, RHC can access the resources of the California Community College Economic Development Network which makes it ideally qualified to host and operate an established SBDC outreach center.

"It was like this was supposed to happen. If Rio Hondo hadn't come to work with us, and if we had not previously established an SBDC outreach center through Mt. San Antonio College Mt. San Antonio College (commonly called Mt. SAC; pronounced as the word "sack") is a community college located in the Los Angeles suburb of Walnut, California, next to California State Polytechnic University, Pomona which is just over a hill.

Mt.
, this opportunity for truly meaningful economic development might not have happened," said Brian Dowling, Redevelopment Agency Project and Housing Manager for the City of Commerce.

The City of Commerce, the Los Angeles Community Development Commission, Gas Company and Wells Fargo Bank are providing cash matches and in-kind office space to assure that small businesses have access to needed services.

"The new SBDC will be a partner with businesses and the transition to Rio Hondo College will be seamless," said Dowling. "By .uniting our Economic Development Office and the services available at Rio Hondo College we can affect the long term economic success of small and home based businesses and attract more good, high paying jobs to the area."

This article was provided by the City of Commerce.
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Article Details
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Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Aug 28, 2000
Words:508
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