LAC 19:II.301. Small Business Bonding Assistance

A. Purpose. The SEBD Program will coordinate technical, managerial, and indirect financial assistance through internal and external resources to assist certified small and emerging businesses in becoming competitive in the market place. B. Developmental Steps 1. The certified SEB owner will be required to participate in, and complete a SEBD Program approved entrepreneurial training program. The small and emerging business owner that demonstrates adequate entrepreneurial skills or compelling reasons for not participating may be granted a waiver by the director or designee. 2. Determination of Additional Assistance. In consultation with the business owner, the SEBD Program staff will determine areas in which the business owner needs additional assistance. 3. Referral to Additional Resources. The SEBD Program will assist the firm obtain technical and/or managerial assistance from other resources, such as small business development centers, procurement centers, consultants, business networks, professional business associations, educational institutions, and other public agencies. 4. Ongoing Evaluation. In conjunction with the small and emerging business firm and appropriate external resources, the SEBD Program will periodically assess the SEB firm's progress toward attainment of its business goals. The SEBD Program, in conjunction with the SEB firm, will determine the effectiveness of assistance being administered. If assistance is ineffective, the SEBD Program staff will investigate and take appropriate action.