Section 12100.92 - [Effective until 6/30/2024] Responsibilities of CalOSBAThe office shall do all of the following:
(a) Administer a Request for Proposal (RFP) in no more than two open rounds, for a period of no more than 60 days per round, for eligible grantmaking entities.(1) First round will be open to all 58 county governments as eligible grantmaking entities.(2) Second round will be open to remaining county governments that did not apply in the first round, and open to nonprofits as eligible grantmaking entities.(b) Subject to appropriation by the Legislature, allocate funding to one fiscal agent per county as a per capita percentage of available funding, based on the county's estimated population on January 1, 2021, as determined by the Department of Finance.(c) Develop processes and requirements for monitoring, tracking, and reporting on the use of these funds by the office and each fiscal agent.(d) Establish criteria to be used to select one fiscal agent per county from among the eligible grantmaking entities. These criteria shall include, but are not limited to, all of the following:(1) Demonstrated operational experience and organizational capacity to serve one county, or in the case of a consortium of nonprofits, one or more counties, of the state, consistent with the requirements of this article.(2) Demonstrated preexisting relationships with the county's microbusiness community.(3) Identified key outreach activities for the specific county they will serve, aimed at identifying underserved small business groups that have faced historic barriers to accessing capital, including businesses majority owned and operated on a daily basis by women, minorities or persons of color, veterans, undocumented individuals, and individuals living in rural or low-wealth areas on low incomes.(4) Prioritization for eligible grantmaking entities that are qualified and experienced in administering similar programs.(5) Prioritization for eligible grantmaking entities that commit to working with nonprofit organizations with a mission that includes economic or business development support for California's underserved businesses and entrepreneurs.(e) The office shall enter into a grantmaking agreement with each fiscal agent selected to implement the program. The grantmaking agreement shall identify the duties and responsibilities of the fiscal agent and the grantmaking entity in carrying out the purposes of this article. The grantmaking agreement shall identify the county the fiscal agent is required to serve, the fiscal controls that will be applied during the program term, a commitment that outreach and marketing to underserved business groups and business owners located in low-wealth and rural areas, as appropriate, will be undertaken, and the tracking and reporting requirements related to outreach and technical assistance activities, applications received, and microbusiness grants awarded. The office may provide additional guidance and requirements in the grantmaking agreement to ensure the requirements and purposes of this article are met.Added by Stats 2021 ch 74 (SB 151),s 18, eff. 7/12/2021.