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Carolina small businesses in both sales and employment growth. Orange County Success <br />Stories for 2002 is included as an attachment to this abstract. <br />With the implementation of the Orange County Small Business Loan Program, the County's <br />partnership with SBTDC has become more important. SBTDC counselors have been working <br />closely with staff of the Economic Development Commission to make potential borrowers aware <br />of the program. In addition, SBTDC counselors have been assisting potential loan pool clients <br />in preparing business plans. To date, all three applicants for the loan program have worked with <br />SBTDC staff on business plan preparation. <br />In addition, the SBTDC has begun working with the Agricultural Economic Development <br />Coordinator this year to offer basic financial record-keeping courses to Orange County farmers. <br />The pilot course, attended by nine local farmers, was held during the week of January 27th. Two <br />more classes are scheduled within the next 60 days. <br />FINANCIAL IMPACT: The annual budget for the Economic Development Commission <br />approved for Fiscal Year 2002-2003 includes $10,000 for professional contract services for this <br />contract. <br />RECOMMENDATION(S): The Manager recommends that the Board approve the contract and <br />authorize the Manager and the Clerk to the Board to execute the contract. <br />