2012 Sacramento Small Business Resource - (SmallBusiness)3

• Organized for-profit.
• Most types of business — retail,
service, wholesale or manufacturing.
The SBA’s 504 certified development
companies serve their communities by
financing business expansion needs.
Their professional staffs work directly
with borrowers to tailor a financing
package that meets program guidelines
and the credit capacity of the borrower’s
business. For information, visit
www.sba.gov/504.
Amador Economic Development Corp.
Ron Mittlebrun
1500 S. Hwy. 49, Ste. 104
Jackson, CA 95642
209-223-0351 • 209-223-2261 Fax
California Statewide Certified Dev. Corp.
Jeff Boone
426 D St.
Davis, CA 95616
800-348-6258 • 530-756-7519 Fax
Capital Funding
Ray Sebastian
5428 Watt Ave.
Sacramento, CA 95660-4945
916-339-1096 • 916-339-2369 Fax
Resource Capital
Frank Dinsmore
1050 Iron Pointe Rd.
Folsom, CA 95630
916-962-3669 • 916-962-1822 Fax
Superior California Economic
Development, Inc.
Robert Nash
449 Hemsted Dr., Ste. A
Redding, CA 96002
530-225-2760 • 530-225-2769 Fax
Small Business Finance
Rick Woody
1545 River Park Dr., Ste. 530
Sacramento, CA 95815
800-611-5170 or 916-565-8100
Tracy/San Joaquin Certified Dev. Corp.
Roger Birdsall
1151 W. Robinhood Dr., Ste. B-4
Stockton, CA 95207
209-951-0801 • 209-951-0999 Fax
MICROLOAN PROGRAM
The Microloan program provides
small loans ranging from under $500
to $50,000 to women, low-income,
minority, veteran, and other small
business owners through a network
of approximately 160 intermediaries
nationwide. Under this program, the
SBA makes funds available to nonprofit
intermediaries that, in turn, make the
small loans directly to entrepreneurs,
including veterans. Proceeds can be
22 — Small Business Resource SACRAMENTO
used for typical business purposes such
as working capital, or the purchase of
furniture, fixtures, machinery, supplies,
equipment, and inventory. Microloans
may not be used for the purchase of real
estate. Interest rates are negotiated
between the borrower and the
intermediary. The maximum term for a
microloan is 7 years.
The program also provides business
based training and technical assistance
to microborrowers and potential
microborrowers to help them be
successful at starting or growing their
businesses. Such training and technical
assistance may include general business
education, assistance with business
planning industry-specific training,
and other types of training support.
Entrepreneurs and small business
owners interested in small amounts of
business financing should contact one
from the list below or go to
www.sba.gov/microloans.
Sacramento District Office
6501 Sylvan Rd., Ste. 100
Citrus Heights, CA 95610
916-735-1700 • 916-735-1719 Fax
SMALL BUSINESS
INVESTMENT COMPANY
PROGRAM
There are a variety of alternatives to
bank financing for small businesses. The
Small Business Investment Company
(SBIC) program fills the gap between
the availability of private capital and
the needs of small businesses for growth
capital. Licensed and regulated by the
SBA, SBICs are privately owned and
managed investment funds that make
capital available to qualifying U.S.
small businesses at attractive rates.
The funds raise private capital and
can receive SBA-guaranteed leverage
up to 3x private capital paid-in, with
a leverage ceiling of $150 million per
SBIC and $225 million for two or more
licenses under common control. Licensed
SBICs are for-profit investment firms
whose incentive is to share in the
success of a small business. The SBIC
program provides funding for a broad
range of industries. Some SBICs invest
in a particular field or industry while
others invest more generally. For more
information, visit www.sba.gov/inv.
Sacramento District Office
6501 Sylvan Rd., Ste. 100
Citrus Heights, CA 95610
916-735-1700 • 916-735-1719 Fax
SMALL BUSINESS
INNOVATION RESEARCH
PROGRAM
The Small Business Innovation
Research (SBIR) program encourages
small businesses to advance their
technical potential from funds
committed by federal agencies with large
extramural research and development
budgets. The SBIR program serves
to fund the critical startup and
development stages for a technology and
encourages commercialization of the
technology, product or service. In turn,
this stimulates the U.S. economy.
SBIR Requirements
Small businesses must meet the
following eligibility criteria to participate
in the SBIR program.
• Be 51 percent owned and controlled by
one or more individuals who are U.S.
citizens or permanent resident aliens
in the U.S. or be a for-profit business
concern that is at least 51 percent
owned and controlled by another
for-profit business concern that is at
least 51 percent owned and controlled
by one or more individuals who are
citizens of, or permanent resident
aliens in, the U.S.
• Be for-profit.
• Principal researcher must be employed
by the small business.
• Company size cannot exceed 500
employees.
For more information on the SBIR
Program visit www.sba.gov/sbir.
Participating Agencies
Each year, the following eleven
federal departments and agencies are
required to reserve 2.5 percent of their
extramural R&D funds for award to
small businesses through the SBIR
program: Departments of Agriculture;
Commerce; Defense; Education; Energy;
Health and Human Services; Homeland
Security; Transportation; Environmental
Protection Agency; National Aeronautics
and Space Administration; and National
Science Foundation.
SMALL BUSINESS
TECHNOLOGY TRANSFER
PROGRAM
The Small Business Technology
Transfer (STTR) program reserves
a specific percentage of federal R&D
funding for award to small business and
non-profit research institution partners.
Central to the program is expansion of
Visit us online: www.sba.gov/ca