Agenda Item 42 John Smith / Corky Mau - PowerPoint PPT Presentation

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Agenda Item 42 John Smith / Corky Mau
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Agenda Item 42 John Smith / Corky Mau

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  1. Consideration Of Approval Of Allocations For Contract Concepts From The RMDZ Revolving Loan Account For FY 2005/2006 Agenda Item 42 John Smith / Corky Mau

  2. What We’ll Cover Today • RMDZ Account Funding History • Program Services & Incentives • Purpose of RMDZ Allocations • Review of FY 2005/2006 Discretionary Allocations

  3. Funding History • SB 1322 • Public Resources Code section 42023.1 (c) and (h) • How are funds used? • Current funding level and % of discretionary allocation for 05/06

  4. RMDZ Program Services • Services & incentives offered by State • Business outreach • Finding buyers for products • Loans with attractive rates/terms • Services & incentives offered by Local Government • Local funding sources (bonds, grants, redevelopment funding) • Permitting and siting assistance • Reduced utility rates

  5. (1) RecycleStore – Expanded Marketing Services (2005-DI-3) • Complete pilot marketing effort • Implement new SBDC project • Webinar training • Links to all SBDC sites • $75,000 per FY (for 3 FY)

  6. (2) Zone Administrator Training Workshops (2005-DI-5) • Purpose: Continuing Education • 3 workshops each year • Examples: Environmental Justice, C & D, Enhancing the RMDZ Loan Program • $100,000 per FY (for 3 FY)

  7. (3) RMDZ Business Intervention Services (2005-DI-8) • Similar to Tire Business Assistance Program • Targets: “at risk” RMDZ loan recipients • Some services provided via this contract: • Research & development • Economic gardening research for new markets • Product commercialization efforts • $100,000 per FY (for 3 FY)

  8. These Allocations Support The…. • Green Procurement Action Plan • Market Assessment Action Plan • California Commission on Jobs and Economic Growth

  9. Questions?