Opportunities and Programs
Provide Support to Businesses
Development projects and new or expanding businesses in the River District have access to incentives and assistance through several programs.
Hub Zone
The River District is located in a Historically Underutilized Business Zone
(HUBZone), an SBA governed empowerment contracting program designed to encourage
economic development in HUBZones by establishing preferences for federal contracting.
Businesses must qualify and become certified to receive benefits.
Early projects in the River District may qualify for fee reductions designed to jump start development by offering impact fee incentives. Additional information is available through City of Sacramento Public Infrastructure Financing Department, 916-808-1440.
Grow Sacramento Fund
The Grow Sacramento Fund is an economic development partnership among the Sacramento
Municipal Utility Department (SMUD), the Sacramento Housing & Redevelopment Agency
(SHRA) and the National Development council (NDC), one of the nation’s oldest economic
development nonprofit organizations. The fund offers at or below market rate loans for
items such as permanent working capital, leasehold improvements, property acquisition
or machinery & equipment (more information)
orebanal@nationaldevelopmentcouncil.org
Small Business Association
SBA offers a variety of programs and support services to help navigate the issues faced with loan
applications, and resources to help after you open for business.
www.sba.gov/about-offices-content/2/3100
Small Business Development Center (SBDC)
The mission of the network of Northeastern California Small Business development Centers
is to grow the economy by providing entrepreneurs with the education, information and tools
necessary to build successful businesses. Consulting is confidential and provided at no charge
by a staff of skilled professionals.
SCORE Sacramento
SCORE is a nonprofit association dedicated to helping small businesses get off the ground and
achieve their goals through education and mentoring. The organization is supported by the U.S.
Small Business Association and a large network of volunteers. Many services are delivered
at no charge or at very low cost.
California Governor’s Office of Business and Economic Development (GO-Biz)
GO-Biz serves as California’s single point of contact for economic development and job creation
efforts. GO-Biz offers a range of services to business owners including: attraction, retention
and expansion services, site selection, permit streamlining, clearing of regulatory hurdles,
small business assistance, international trade development, assistance with state government,
and more.
SETA/Sacramento Works
Sacramento Works provides resources for hiring and training through a system of one Stop Career
Centers. Training programs help employees enhance technical and interpersonal skills while
business services provide the tools and knowledge to enhance your business. All of the
Sacramento Works’ services are free.