Congresswoman Matsui Announces California Capital has Received Important Federal Designation Allowing them to Better Serve Sacramento Small Businesses

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Sacramento, CA, July 2, 2014 | comments

FOR IMMEDIATE RELEASE
Wednesday, July 2, 2014      

CONTACT: JONELLE TRIMMER
(202) 225-7163

Congresswoman Matsui Announces California Capital has Received Important Federal Designation Allowing them to Better Serve Sacramento Small Businesses

California Capital designated as a Procurement Technical Assistance Center; Receives federal funding to help small businesses pursue federal contracts

CA – Congresswoman Doris Matsui (CA-06) today announced that California Capital Financial Development Corporation has been designated a Procurement Technical Assistance Center (PTAC) by the Defense Logistics Agency.  This designation will provide federal funds to California Capital, allowing them to provide training, counseling, and resources for businesses to build their capacity and pursue government contracts.  

“Over the years, California Capital has been a vital community partner delivering business development, technical assistance, and financing to hundreds of small businesses and residents in the Sacramento and Central Valley region,” said Congresswoman Matsui.  “I am pleased that this new PTAC designation will enable them to provide an important bridge between our local small businesses and government; ensuring these businesses have access to programs, services, and lending products to help them pursue contracts and succeed.”  

California Capital’s designation is the first PTAC in the Sacramento and Central Valley region since the Federal Technology Center closed in 2012.  California Capital also has a designation as a Community Development Financial Institution with the U.S. Department of Treasury, enabling them to serve Northern California’s disadvantaged small businesses.

“We are excited about this new opportunity to further provide assets and capacity to small businesses in the Northern Central Valley,” said Clarence Williams, President of California Capital. “Doing business with the government represents a tremendous opportunity and California Capital looks forward to offering in-person counseling and training services to local small business owners.”

“I am very excited about the news that the Capital Region will again have a Procurement Technical Assistance Center available to assist our small businesses,” said Joseph McClure, district director of the U.S. Small Business Administration office in Sacramento.  “A tremendous amount of government contracting occurs in and around Sacramento, and the PTAC program, through their one-on-one and highly confidential consulting and expertise made available through a network of dedicated procurement professionals, provides that critical component for local small businesses when it comes to successfully bidding on federal, state, and/or local government contracts.”

Congresswoman Matsui has long been a supporter of California Capital and submitted a letter of support for their proposal for PTAC designation.  The letter can be viewed here.

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