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ERIC Number: ED243508
Record Type: Non-Journal
Publication Date: 1984-Apr
Pages: 8
Abstractor: N/A
Reference Count: N/A
Local Initiative for Economic Development.
Zeiss, P. Anthony
In fall 1982, in an effort to address a rising unemployment rate in its service area, Pueblo Community College (PCC) joined with local community leaders and the Pueblo Economic Development Corporation to explore feasible, practical, and workable assistance models which would foster the retention and development of small businesses. Numerous economic development models were reviewed and a comprehensive community study was conducted for use in the development of the model initiative--the Pueblo Business Assistance Network (PBAN). PBAN provides a unified network of services from the community and consists of four major assistance groups: (1) an intake and assistance center, which has received 183 requests for assistance and has helped 23 businesses to open or significantly expand; (2) a non-profit, cooperative, volunteer assistance group, which provides in-depth assistance by practicing professionals; (3) a seed/venture capital assistance fund, which is designed to render financial assistance to any new or existing small business that is based in Pueblo County and will create jobs via the exportation of goods and services; and (4) the Business and Technology Center, an incubation facility providing affordable technical assistance and low overhead costs to new small businesses. PCC's efforts to alleviate the unemployment problem in its service area have also included expanded and innovative programs and services, geared towards the training or retraining of the local labor force. (LAL)
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A