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Entrepreneurship Center awarded $500,000 to support Inland Empire BIPOC small business owners and entrepreneurs

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The Inland Empire Center for Entrepreneurship (IECE) at California State University, San Bernardino has been awarded $500,000 in unrestricted funding from the Citi Foundation to reach and serve more local Black, Indigenous and People of Color (BIPOC) entrepreneurs and small businesses.

The Citi Foundation issued a $25 Million Small Business Technical Assistance RFP earlier this year and awarded 50 organizations nationwide with funding to support continued work in providing technical assistance to BIPOC-led small businesses that have been disproportionately affected by the unprecedented health, social and economic impacts of the COVID-19 pandemic.

“BIPOC small businesses and entrepreneurs are vital to our local economy, and they have been hit hard by the COVID-19 pandemic,” said Mike Stull, director of the IECE“Prior to the pandemic, the number of new Black-owned businesses and new Hispanic-owned businesses were growing at a more rapid pace than the overall business growth rate. New and early-stage businesses face numerous challenges and the pandemic has compounded those challenges. The timing of the Citi Foundation award comes as a critical time as the economy is opening up, and businesses are rebuilding and responding to new market opportunities.”

The IECE, housed in the Jack H. Brown College of Business and Public Administration, delivers innovative programs and educational resources to entrepreneurs and small business owners through a broad range of community and campus programs. As the leading entrepreneurial support organization in the Inland Empire, the IECE is also one of the largest University-based Entrepreneurship Centers in the world and has been recognized by the Association to Advance Collegiate Schools of Business (AACSB International) as a top 35 program for fostering entrepreneurship and innovation. 

“This recent award from the Citi Foundation is a testament to the importance of BIPOC businesses to economic growth in the region, the strong reputation IECE has built as effective stewards of funds and the significant impact both will have on the surrounding communities,” said Shanthi Srinivas, interim dean of the Jack H. Brown College.

“Innovative organizations like IECE are providing pivotal support to small businesses as they navigate an ever-changing economic landscape,” said Brandee McHale, head of Citi Community Investing and Development and president of the Citi Foundation. “The Citi Foundation is proud to be supporting IECE and other change agents with the unrestricted, flexible funding they need to deliver specialized support to more minority-owned small businesses in their communities .”

IECE operates the Small Business Development Center, the Women’s Business Centers and California State Trade Expansion Programs in the Inland Empire region, which operate from full-time offices in Colton, Ontario, Palm Desert, Riverside and 10 part-time offices throughout Riverside and San Bernardino counties. The programs have a long history of delivering free business counseling, mentoring and training to existing and aspiring small business owners and entrepreneurs. Collectively, the programs have provided support to over 10,000 small business owners and entrepreneurs in 2020.

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

Business

Inland Empire Regional Chamber of Commerce Welcomes Hawaii Chamber as Honorary Global Member

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Empowering Future Generations: IERCC and Chamber of Commerce Hawaii Forge Partnership for Youth Development

In a landmark meeting that signifies the growing collaboration between regional chambers of commerce, the Inland Empire Regional Chamber of Commerce (IERCC) proudly welcomed the Chamber of Commerce Hawaii as an Honorary Global Member. This momentous occasion was marked by a ceremonial presentation led by Eddy Sumar, MBA, CCE, CICE, a distinguished member and Chair of the Education and Youth Skills Development Liaison at IERCC.

Eddy Sumar, renowned for his passionate advocacy for youth education and skill development, met with Sherry Menor-McNamara, CCE, President & CEO, and Tyler Hunt, Associate Vice President of Membership Services, of the Chamber of Commerce Hawaii. The meeting was not just a formal presentation but also an opportunity to share the innovative approaches IERCC is employing to champion youth development.

In a unique and inspiring gesture, the Chamber of Commerce Hawaii representatives were introduced to IERCC’s youth initiatives through a trilogy of educational books authored by Eddy Sumar himself. These books – “A Treasure Hunt With OTIS,” “The Hidden Dreams,” and “The Cutting Edge” – are a testament to Sumar’s dedication to empowering the youth. Each book addresses critical areas of youth development:

  • “A Treasure Hunt With OTIS” provides wisdom to guide young lives.
  • “The Hidden Dreams” unlocks the potential of identifying and pursuing youthful aspirations.
  • “The Cutting Edge” offers vital insights into understanding credit and financial literacy.

Edward Ornelas, Jr., President & CEO of the Inland Empire Regional Chamber of Commerce, expressed his enthusiasm for this new partnership, stating, “This collaboration with the Chamber of Commerce Hawaii represents a significant step in our ongoing commitment to foster the leaders of tomorrow. By combining our resources and expertise, we can more effectively prepare our youth for the dynamic world they will inherit. Our shared vision for youth development and education is the cornerstone of this partnership.”

The Chamber of Commerce Hawaii expressed its enthusiasm for the collaboration, recognizing the value of the resources provided by IERCC. This partnership is a significant step towards a shared goal of fostering a brighter future for youth through education, skill development, and empowerment.

The Inland Empire Regional Chamber of Commerce is enthusiastically developing plans to launch a summer internship program exclusively for students from the Inland Empire, offering them the opportunity to travel to Hawaii for this enriching experience. This initiative, which stems from the IERCC’s recent collaboration with the Chamber of Commerce Hawaii, is focused on providing Inland Empire students with a unique opportunity to immerse themselves in the diverse business and cultural environment of Hawaii. The program aims to equip these students with invaluable hands-on experience in various industries, enhancing their skills and broadening their perspectives. This visionary approach underscores the IERCC’s dedication to fostering the professional and personal growth of its youth, preparing them for successful careers in an increasingly interconnected world.

The IERCC is committed to continuing these collaborative efforts and looks forward to a fruitful and impactful partnership with the Chamber of Commerce Hawaii, collectively striving to nurture the leaders of tomorrow.

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Philanthropy & Nonprofits

A Great Milestone Reached! The Otis Dream Project Has Been Recognized in Zambia, Africa!

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A Great Milestone Reached! The Otis Dream Project Has Been Recognized in Zambia, Africa!

Have you been wondering what happened to the establishment of the NGO (Non-Governmental Organization), the Otis Dream Project in Zambia, Africa? Well, wonder no more! As of August 10, 2023, the Otis Dream Project has become a reality! Yes, the government of Zambia has recognized the Otis Dream Project as a legal entity. Thanks to our incredible team on the ground and all the hard work they put into the project, the Otis Dream Project has become a legal NGO in a much shorter time frame than most NGOs in that country. This is a BIG milestone, the first of many more! Again, thanks to our hardworking team: Derby Chipwande, Chali Ezra Mwansa, and Edwin Mukwamba.

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Community

San Manuel Orange County Golf Tournament Raises $425,000 for Five Tribal, Local & National Nonprofits

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24th Annual Tournament Recognizes O.C. based Meals on Wheels and Radiant Futures Among Others 

The San Manuel Band of Mission Indians, Tribal leaders, business and community partners united for this year’s annual golf tournament to raise $425,000 for tribal, local and national nonprofits, making it the largest year for funds raised at the annual event. The San Manuel Band of Mission Indians has donated more than $3 million to 50 nonprofit organizations as a result of its annual golf tournament. The tournament was the first Tribal event at Waldorf Astoria Monarch Beach Resort & Club since the San Manuel Band of Mission Indians acquired an interest in the property earlier this year. 

The annual event commenced on July 16 with a celebration and a check presentation of $85,0000 each to five inspiring tribal, local and national nonprofits. The following nonprofits were awarded: Lakota Waldorf School on the Pine Ridge Indian Reservation in southwestern South Dakota dedicated to providing an exemplary education to reservation students while incorporating their culture; Voices for Children which serves children in Riverside and San Diego County who are in foster care by providing court appointed special advocates; Citrus Counseling Services located in Redlands which provides mental health services at low or no cost; Radiant Futures of Orange County provides crisis support, services for survivors, and education to prevent domestic violence and human trafficking; and Meals on Wheels OC which provides programming to nourish the wellness of senior citizens in Orange County. 

San Manuel Band of Mission Indians Chairwoman, Lynn Valbuena, says she is moved by the community’s commitment to providing a hand up to nonprofits that are dedicated to making a difference regionally and throughout Indian Country.

“Each year I stand in awe of the thoughtfulness and generosity of our sponsors and partners to continue San Manuel’s mission of supporting organizations that are truly the boots on the ground for making our world a better place,” said San Manuel Chairwoman, Lynn Valbuena. “These five nonprofits are improving the lives of so many Native Americans, as well as local communities, and we are proud to help. The tournament is one of the many ways San Manuel demonstrates its value of giving back.” 

This year, golfers teed off on ocean-view golf courses at Pelican Hill Golf Club in Newport Beach and Waldorf Astoria Monarch Beach Golf Links in Dana Point from Monday, July 17 to Thursday, July 20. 

Presenting sponsors of the tournament included Imagine This and PENTA Building Group. Yaamava’ Resort & Casino was also joined by its sports partners from the LA Dodgers, LAFC and the Anaheim Ducks.

Supporting nonprofit organizations is part of the Tribe’s commitment to their Giving Pillar also known as “San Manuel Cares.” For more information on San Manuel Care’s Program, please visit: www.sanmanuelcares.org

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