with the knowledge, tools and resources necessary to successfully tap the market and achieve their dreams. Although initially launched to provide entrepreneurship training classes for low-income individuals, PACE BDC has since recognized the growing need to serve a broad spectrum of business owners in the market. To this end, we currently provide a variety of services for low-moderate small business owners and minority communities, to not only start up, but also expand, their businesses. PACE Business Development Center Today
PACE BDC continues to operate programs that inspire and serve aspiring entrepreneurs, small business owners, and refugees & asylees in Los Angeles County. Currently we operate two Los Angeles Business Assistance Programs (East & West) which allowed our Center to expand our services to cover a larger area of the City; in 2009 we renewed the funding for our Women’s Business Center program so that we can continue to offer programs and services targeted to women entrepreneurs; and we received funding from the SBA’s Project for Investment in Entrepreneurship in order to continue to serve the needs of entrepreneurs and small business owners in the San Gabriel Valley. Furthermore, after recognizing the importance that personal finances and credit have on the success of a business, the BDC established our Asset Building Center in 2005 and have continued to expand the services offered with the support of HSBC and the United Way of Los Angeles. The Asset Building Center provides financial education training, credit counseling, homebuyer education and tax preparation services to the low-to-moderate income communities that we serve. Finally, our most recent development is the establishment of the PACE SBA Micro-Loan Program, which enables us to make loans from $500 to $15,000 to our own clients. This is a very exciting and important addition to our services as we are now able to train, counsel, and finance the businesses that come through our doors. Regardless of your needs or your stage of business, PACE BDC is proud to say that we have developed the resources to be able to address your concerns.
