AGENDA ITEM BACKGROUND TO: GOVERNING BOARD DATE FROM: PRESIDENT September 12, 2011 SUBJECT: Acceptance of Grant for the Business and Entrepreneurship Center for 2011-2012 REASON FOR BOARD CONSIDERATION ENCLOSURE(S) Page 1 of 1 ITEM NUMBER ACTION A.7 Background: In 2010 Cabrillo College was awarded a highly competitive grant to operate the Business and Entrepreneurship Center (BEC), serving the Community Colleges of the greater San Francisco Bay region. We have recently received notice from the Chancellor’s Office that the funding to operate the Business and Entrepreneurship Center has been renewed. This center will work in alignment with our Small Business Development Center and will also provide services to foster instruction in entrepreneurship in the colleges of the greater Bay Area and will develop entrepreneurial pathways to small business owners served by collaborating agencies. This funding will support program operations for fiscal years 2011-2012. Fiscal Impact: An increase of $205,000 in revenue and expenditures. Recommendation: It is recommended that the Governing Board accept the $205,000 grant from the California Community College’s Chancellor’s Office. It is further recommended that the Board authorize the Vice President, 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 Approved