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Author: Richard Sandoval

Joan Earhart Named Region IX Financial Services Champion

The U.S. Small Business Administration announces today that Joan Earhart, Senior Executive Vice President at Pacific Mercantile Bank will receive the agency’s 2013 Region IX Financial Services Champion of the Year Award in part due to her efforts to improve the agency’s previously underutilized CAPLine program. She was nominated for the award by Andrew Dmitrenko of CDC Small Business Finance. District Director Adalberto Quijada stated, “Joan’s initiative in addressing challenges presented by small businesses trying to obtain working capital and contract financing and proposing solutions is indicative of her entrepreneurial spirit and her desire to put her clients’ needs...

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Regional Leadership Academy Launches in September

The Inland Empire Economic Partnership (IEEP) Board of Directors is pleased to announce the creation of The Regional Leadership Academy.  Actively engaged members of the regional community in the public and private sectors are invited to participate in an exploratory program that will provide in-depth understanding of key issues facing the Inland Empire region, including the Coachella Valley and the High Desert, Southern California and the state of California. Participants will advance their knowledge of regional issues, public policy, and perceptions of the Inland Empire within the state. The cohort will also advance their leadership skills via web-based modules...

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Event | Small Business Awards – August 7

The Orange County Hispanic Chamber of Commerce is pleased to present the 2013 Orange County/Inland Empire Small Business Awards on August 7, 2013 at Disney’s Grand Californian Hotel & Spa. About the Awards In 1963, the President of the United States issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners. More than half of Americans either own or work for a small business and they create two out of every three new jobs in the U.S. each year. As part of National Small Business Week, the U.S. Small Business Administration takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners and others. Everyday they are working to grow small business, create 21st century jobs, drive innovation, and increase America’s global competitiveness. The event will be MC’d by award winning newscaster Laura Diaz. Ms. Diaz anchors the newscasts on Studio 11 LA at 5pm and reports on special news projects. Laura is thrilled to be reunited with so many dear friends, colleagues and former competitors after she joined FOX owned KTTV and KCOP in Los Angeles in May 2012. Diaz is one of the most familiar and trusted journalist in Southern California. For more than two decades she has anchored, reported and produced for several flagship Los Angeles stations. Our keynote speaker is Tina Aldatz the...

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Sentencing in CalTrans Fraud Case

Attorney General Kamala D. Harris today announced a nine-year state prison sentence of a man who defrauded the California Department of Transportation (CalTrans) out of nearly $1.9 million. Eric Hodgson, 43, of Elk Grove, agreed to a plea deal that in addition to the nine-year prison sentence, included forfeiture of his personal and real property, which includes two residences, two cars, several retirement accounts and a collection of Stars Wars items worth more than $10,000. Hodgson was arrested in April on 22 counts of grand theft following a California Department of Justice investigation that began after Caltrans staff discovered fraudulent invoices for print advertisements that had never actually run in local newspapers as promised. On Thursday, Hodgson pleaded guilty in Sacramento Superior Court to seven of the 22 counts as part of the plea deal. Hodgson, as the owner of Phenix Print & Image, was hired by Caltrans to publicly advertise new construction contracts to bidders, as required by statute. Caltrans employees discovered the alleged fraud during a routine request for information and proof of publication for the construction contract advertisements. A subsequent internal review confirmed likely fraudulent activity and, as consistent with state law, the matter was turned over to the California Department of Justice for further investigation. The investigation of invoices submitted by Phenix found two print advertising contracts, awarded in 2008 and 2009, that totaled more...

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A Record Year MBDA

The numbers are in and the report is out! Last month, the Minority Business Development Agency (MBDA) released its Annual Performance Report for Fiscal Year 2012 and we are proud to report that FY 2012 was another successful year for the Minority Business Development Agency, the U.S. Department of Commerce, and most importantly for the American business owners that we serve. In FY 2012, MBDA helped create and retain 16,730 jobs, the highest level in the 44-year history of the Agency. This was achieved by helping MBDA clients obtain over $3.6 billion in contracts and capital awards. In 2012, the agency increased services to minority business owners by adding new MBDA Business Centers in Anchorage, Alaska; Fresno, California; Santa Fe, New Mexico; Bismarck, North Dakota; Tulsa, Oklahoma; and Memphis, Tennessee. In addition, MBDA expanded coverage at select MBDA Business Centers to provide specialty expertise nationwide with the launch of the agency’s Federal Procurement Center – the first of its type – in Washington, DC; the Export Support Business Center located at the University of Texas at San Antonio; and the Atlanta MBDA Business Center that serves as the Advanced Manufacturing and Healthcare Technology Business Center at the Georgia Institute of Technology. As we look ahead, MBDA will maintain jobs created and retained by clients as its key measurement of performance; however, a new Agency goal will focus on creating...

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