AGENDA ITEM BACKGROUND TO: GOVERNING BOARD DATE FROM: PRESIDENT November 1, 2010 SUBJECT: Acceptance of SBDC Contract with Rancho Santiago Community College District REASON FOR BOARD CONSIDERATION ACTION ENCLOSURE(S) Page 1 of 1 ITEM NUMBER A.4 Background: Cabrillo’s Central Coast Small Business Development Center has been awarded a $20,000 augmentation grant from the Rancho Santiago Community College District to continue implementation of the Entrepreneurship Career Pathways Project. This funding will support the continuation of the Youth Entrepreneurship Program (YEP) through March 31, 2011. YEP provides instruction in the basics of business start up including business planning, cash flow management, marketing and sales to high school students. Fiscal Impact: An increase in the amount of $20,000 in revenue and expenditures. Recommendation: It is recommended that the Governing Board accept the $20,000 augmentation grant from the Rancho Santiago Community College District. It is further recommended that the Board authorize the Vice President of Administrative Services to execute and make all necessary arrangements in relation to this grant agreement and any future amendments on behalf of the college. Administrator Initiating Item: Rock Pfotenhauer, Dean, CEED Renée M. Kilmer, VP Instruction Academic and Professional Matter If yes, Faculty Senate Agreement Senate President Signature Yes No Yes No Final Disposition Accepted