1997 S EDC - 1997-98 Small Business and Technology development Center Contract

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software such as FISCAL-- a loan package evaluation and spreadsheet program-and other business start-up and assistance resources at no charge to the businesses. Fourth, the SBTDC will continue to develop and offer with the EDC and other sponsors a variety of training programs both for small business firms and for those who serve small businesses(such as bankers). These will be scheduled bi-annually throughout the term of this agreement. A specific focus during the term of this contract shall be assistance to female and minority owned businesses. Fifth, the SBTDC will work actively to increase public awareness of and access to its services throughout the County. A visitation effort will be conducted to acquaint Orange County's employers with services that can assist them with expansion. Efforts will be made to fully involve other agencies and resources such as Chambers of Commerce, SCORE, the local community college, Goodwork, Self Help, and local professional and civic groups. Sixth, the SBTDC will provide technical assistance, business plan and loan package preparation assistance to businesses and individuals preparing to apply for financing from the Orange County Small Business Loan Pool. Seventh, the SBTDC will provide the EDC with a written report within 30 days of the close of each quarter. This will detail the program and service activities of the SBTDC in Orange County for the quarter. The SBTDC also will provide a report of client evaluations of services each quarter. Eighth, the SBTDC will make its best good faith effort to continue and/or expand the level of service in Orange County proposed under this agreement beyond the terms of this agreement. Ninth, in return for the foregoing, the County will pay the SBTDC $10,000 in two $5,000 installments. The first such installment shall be paid on or about November 15, 1997, and the final payment will be paid on or about April 15, 1998. Tenth, the EDC will actively support and promote the programs and services of the SBTDC within Orange County. Eleventh, the Director of the EDC will become a member of the SBTDC state-wide Advisory Board, as long as this agreement is in effect. Twelfth, the term of this agreement will be 1 year beginning July 1, 1997 and ending June 30, 1998. Thirteenth, this agreement may be terminated at any time upon the mutual consent of the parties or upon 90 days advance written notice by either party.