California dollars go to tech projects
The state hopes to boost e-commerce in rural areas with money for small business ventures
To boost e-commerce in rural areas, California doled out nearly $2 million
in matching grants for technology projects it hopes to share statewide.
Through these grants, awarded in mid-March, the state hopes to encourage
the creation and retention of jobs, increase the number of small businesses
participating in e-commerce and raise the businesses' product sales.
The funds will go to nine nonprofit groups and educational institutions
throughout the state. The total budget for the projects is $6.8 million,
including $930,000 in federal matching funds.
Grants include:
* $490,000 to California State University's Fresno Foundation, to add
32 home-based retail and business service start-ups in Fresno County.
* $375,000 to the Great Valley Center, Modesto, to develop a network
of public/private partnerships, including creating business plans, in eight
surrounding counties.
* $275,000 to the Golden State Capital Network, Chico, to identify e-commerce
based business ventures, including training 60 firms and creating at least
20 jobs.
* $250,000 to the North Coast Small Business Development Center, Crescent
City, to help businesses access e-commerce technology, provide technical
assistance and improve competitiveness.
* $250,000 to the Milken Institute, Santa Monica, to assess investment
for entrepreneurial growth and analyze the need to train workers in the
New Economy.
* $125,000 to the Woodland Economic Renaissance Corporation, Woodland,
to evaluate and create a rural wireless network to lessen the telecommunications
gap affecting local trade.
* $100,000 to Regional Analysis and Planning Services Inc., Marina,
to develop a database and literature for rural economic initiatives involving
fiber-optic cable routes.
* $85,000 to the Nevada County Economic Resource Council, Grass Valley,
to provide e-commerce training for local businesses and assess the need
for a Metropolitan Area Network in the region.
* $50,000 to the Bakersfield College Foundation to stimulate e-commerce
growth and assist up to 15 companies in their start-up phases.
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