Category Archives: California Capital News and Updates

California Capital News and Updates, Client Success Stories

With Help from the Women’s Business Center, Krystyna Kubran Is Making the Clean Energy Economy Accessible for Small Business Owners

For Krystyna Kubran, her business, 352 Innovation, is the beginning of a paradigm shift of how vehicles are powered around the world. A mechanical engineer by trade, Krystyna is passionate about increasing access to electric vehicles while empowering automotive mechanics to maintain their service offerings as the industry shifts away from internal combustion car engines.  In partnership with her brother, an experienced mechanic, Kubran offers custom engine retrofitting and consults with automotive shops to provide education on servicing electric vehicle engines. 

Meeting a Need for Upskilling

Kubran’s idea for a business focused on electric vehicle retrofitting and education came about when she saw the need to ensure that the economy’s transition away from fossil fuel engines would be inclusive of the entrepreneurs who have made their livelihoods as mechanics. “I asked myself, ‘What would someone need to know to work on an EV effectively and reduce their liability while working on the car?’,” Kubran explains.  

From there, in collaboration with her brother, she set out to upskill mechanics and demystify electric vehicles. With a solid idea but needing insight into the best practices of business operations, Kubran connected with Charles Thomas, a counselor at the California Capital Women’s Business Center (WBC). “[Charles] has been my main guy,” she says about their work. “He’s had ideas that have completely transformed my business.” Through one-on-one business counseling, Kubran created her website, made her service offerings more specific, and learned the basics of cash flow analysis and profit and loss statement tracking. 

In launching her business, Kubran created a training program that she made available for subscription, and created a “Roadmap to the Clean Vehicle World” that envisions the process of undoing society’s reliance on fossil fuels. To increase her credibility and hone her knowledge, she became certified by the National Institute of Automotive Service Excellence.  

As she continues to build her clientele and position herself as a resource for education on electric vehicles, Kubran is looking forward to broadening her impact by opening her own shop for converting internal combustion engines.  

California Capital News and Updates, Client Success Stories

With Guidance from APEX Accelerator, Diala Jawhary Brings Meaningful Community Engagement to Sustainability Projects

In many ways, Diala Jawhary’s entrepreneurial journey began decades before she started on the path to business ownership. Established in 2021, Jawhary’s business, A & D Solutions, is a management consulting firm that helps businesses and agencies support their work of climate stewardship and environmental justice—but her vision for ensuring that organizations achieve their development and sustainability goals with authentic inclusion of frontline communities started during her work in international community development.  

Now, with A & D Solutions, Jawhary supports this vision for large agencies through contract project management in areas like community outreach, stakeholder engagement, grant and report writing, research and more. Working with a procurement counselor at the California Capital APEX Accelerator, Jawhary has built a network of clients and collaborators that allow her to work towards a vision of sustainability and resilience.  

Listening to Communities

After earning her master’s degree in environment and resource studies, Jawhary began working for large agencies charged with building sustainable projects in underdeveloped communities—and she noticed a marked disconnect between the work that was reported and the work that was undertaken. “I noticed that there is always a way to present things in a way where it’s not actually what is happening on the ground,” says Jawhary, reflecting on the illuminating early years of her career. “There was no listening to the communities – the projects were just meant to check boxes.”  

Working in conflict areas and with groups sensitive to local corruption, civil war, and distrust of institutions, Jawhary wanted to know what caused this gap, knowing that the aid workers in the field had the best intentions. “I noticed that the communities opened up to me and told me things they wouldn’t tell others, and worked with me when they wouldn’t work with others,” she explains. “Because I was transparent and actually listened and treated them like real partners in reaching the common good.” 

In this way, Jawhary developed her philosophy that projects meant to benefit communities must be led by the priorities of those communities, and solidified her belief that approaches to environmental sustainability must be holistically grounded in community impact.   

From Philosophy to Practice

In 2021, when she was ready to reenter the workforce after several years as a stay-at-home mother, Jawhary explored her options for putting her skillset to use. With her educational background, experience in the field, and natural ability to build connections, creating a consultancy that would allow her to reach multiple agencies and organizations felt like a natural choice. “I always had my way of doing things that didn’t always line up with what happens with larger orgs,” she explains. “I didn’t want to go to a company and have to convince them of my way. So, I thought, ‘Why don’t I start my own thing?’”.   

From this vision, A & D Solutions was launched, and Jawhary put her passion for environmental social governance into action. After attaining the certifications necessary to contract with entities like Caltrans, the State of California, and the California Public Utilities Commission, Jawhary connected with the California Capital APEX Accelerator. Part of a national program under management of the Department of Defense Office of Small Business Programs, the APEX Accelerator helps businesses prepare for, pursue, and perform on contracts with government agencies. For Jawhary, this meant mentorship, networking, and encouragement.  

Jawhary was matched with procurement counselor Alex McCracken, and the pair got to work immediately. Because Jawhary had already self-certified, McCracken began by helping her refine her offerings, access educational opportunities, and respond to requests for proposal. 

“[My counselor] was able to engage me at the level I was at rather than treating me like a computer. She made it customized and personalized,” says Jawhary, reflecting on how working with a counselor led her to opportunities she did not foresee. “She would tell me what research to do, but she also went beyond that and introduced me to other businesses that she thought would be good partners for the proposals I was submitting.” 

A Bright Future Grounded in Partnership

As an entrepreneur new to the consulting field, these partnerships were key in helping Jawhary land some of her first contracts. With this network of support, Jawhary has brought her grant writing, community engagement, and end-to-end project management services to clients including the California State University system, the California Department of Fish and Wildlife, and the State of California Coastal Conservancy.  

Looking ahead to the future of A & D Solutions, Jawhary hopes to continue educating agencies and corporations about the importance of environmental social governance that fit the criteria for citizen engagement and sustainability.   

“We need meaningful engagement of all stakeholders, and not just checking the box,” she says when envisioning how she can scale the impact of A & D Solutions. “I believe this is the only way forward with the problems we’re facing—we need the whole community to be partners.”

Blog, California Capital News and Updates

California First Partner Jennifer Siebel Newsom Visits California Capital Women’s Business Center to Celebrate Women in Business and “Mom-Preneurs”

SACRAMENTO, CA | Yesterday, the California Capital Women’s Business Center (WBC) had the honor of hosting California First Partner, Jennifer Siebel Newsom, for a luncheon honoring California’s women entrepreneurs.  

Presented in partnership with the California Office of the Small Business Advocate (also known as CalOSBA, part of the Governor’s Office of Business and Economic Development) with sponsorship from U.S. Bank, the event sought to highlight the unique contributions of women business owners to the economy and their communities.  

“Women-owned businesses are vital to our communities, as women tend to lead with our values, considering not only our own bottom lines, but the success of our communities,” said the First Partner in a statement on her Instagram page following the event.  

Following remarks from WBC Director Sophia Kanaan, California State Senator Nancy Skinner, who also chairs the Legislative Women’s Caucus, and Director Tara Lynn Gray of CalOSBA, the business owners and state representatives from a variety of agencies participated in a roundtable discussion where they shared their perspectives, challenges, and hopes for the future of their business.  

The entrepreneurs in attendance have worked with the California Capital WBC to launch, sustain, and/or grow their businesses. The industries they represented showcased the diversity of California’s small business ecosystem: businesses owners joined from spaces including childcare and early childhood education, cosmetology, artisan goods, hospitality, consumer packaged goods, and more. 

“Hearing [the First Partner] speak today, validating all of our speed bumps and achievements as an entrepreneur herself, gave myself if not all of us, the little extra push we needed to keep going,” said Charone DeShazier, owner of Enorah Jewelry and one of the entrepreneurs in attendance.  

As the California Capital Women’s Business Center continues to grow their innovative training and networking programs, their clientele will continue to thrive and access new opportunities.  
California Capital News and Updates, Client Success Stories

Two California Capital Clients Honored at SBA Sacramento District Small Business Awards

The sustainability of small businesses is always worth celebrating—and when that comes with an official award, all the better. On Friday, May 3rd, two small businesses that have worked with California Capital programs were honored at the 2024 SBA Sacramento District Small Business Awards, as part of National Small Business Week. The awards were presented at a luncheon ceremony in distinct categories.  

ExcelDent Dentistry, owned by Gabriela Solano and her husband Dr. Miguel Guerra, won Startup of the Year.  

From the beginning of their business journey, Gabriela has worked with Charles Thomas, a California Capital Women’s Business Center business counselor. Charles nominated ExcelDent for the award and presented the award at the ceremony. As they navigated the purchase and operation of their dental practice in Sacramento, Charles helped Gabriela and Dr. Guerra understand their finances, business planning, and permit requirements. “Charles brought a mix of professionalism and encouragement right from the start, which was exactly what I needed to get our dental office off the ground,” says Gabriela. “He guided me through all the essential resources and made sure we dotted our i’s and crossed our t’s with every agency involved.” 

Anvaya Solutions, owned by Shobha Mallarapu, was named Contractor of the Year. has worked with California Capital APEX Accelerator counselor James Aldea over the years to prepare to bid (and perform!) on government contracts, and she has grown to be a major player in the cybersecurity space.  

As entrepreneurs continue to power our local economies and communities, California Capital is proud to put their stories at the forefront and ensure they get the recognition they deserve.  

Black-Owned Business, Blog, California Capital News and Updates, Client Success Stories

“It Always Takes a Team”: How Patrick Bellard Found Support to Launch His Trucking Business

A typical morning for Patrick Bellard begins at 3:45: he is up, finished with his workout, and ready to take on the day’s work orders by 6.  He’ll start his shift at a hauling service, delivering materials for various construction projects including freeways and community development, attend classes in business administration at CSU Sacramento in the afternoon, and return home to spend time with his two daughters. With this ambition and dedication to providing a steady livelihood for his family, Patrick decided in late 2023 to purchase a semi-truck and trailer of his own to begin building his own construction delivery company, Timeless 500.  

With in-depth advising from Sacramento Valley Small Business Development Center (SBDC) and funding from the California Capital Direct Lending center,Patrick purchased his truck in early 2024 and has begun building his clientele operating Timeless 500.  

As Patrick recalibrated his plans for the future after a move to Sacramento from the Bay Area, his studies in business and his experience with the trucking industry led him to a vision of himself as a multi-industry entrepreneur, with a brand that incapsulates his values of hard work, empowerment, and service. He decided to start by launching his own long-haul trucking company—but he knew he would need funding to get started.  

At the recommendation of a friend, Patrick connected with Sacramento Valley SBDC for training on the technical aspects of running a business and preparing to apply for a loan. Patrick’s business advisor, Kevin Herndon, helped him write a strong business plan and realistic two-year financial projections, two documents that every business owner needs when seeking financing.  

“[Kevin] was awesome. He really helped me go through the process” says Patrick.  “I was new to it, and for a while it seemed tedious to me, but it was a great learning process for me.” 

In addition to the technical assistance, Kevin helped Patrick foster a relationship with the California Capital Direct Lending team, knowing that non-traditional financing would be a better fit for a start-up like Patrick’s. 

“I was having a hard time with conventional banks trying to get a conventional loan, so I came over to California Capital,” explains Patrick, reflecting on the importance of working with a team that believed in his vision. “Through them, they made it happen for me. They helped me make my dream come true.”  

Thanks to his perseverence, and the expertise that he tapped into at Sacramento Valley SBDC, Patrick accessed a $50,000 loan to purchase a semi-truck and cover working capital expenses to get Timeless 500 off the ground.  

As he expands his business and his story, he is quick to shout out those who helped him lay the foundations.  

“Sacramento Valley SBDC and California Capital helped me every step of the way,” he reflects, adding that the support has continued after his loan closed. “I didn’t have to do everything myself. It always takes a team.” 

While he sub-contracts with his previous employer to build his clientele, Patrick continues to dream of ways to expand the Timeless brand and provide motivation for other aspiring entrepreneurs.  

“I’m looking for sustainability in my business, and I’m also into teaching and helping people,” he says. “I’m just here to say that you can do it—I’m living proof. Stick to the prayers, work hard, make it happen.” 

 

California Capital’s no-cost resources are made possible in part with support from JP Morgan Chase. 

California Capital News and Updates, Client Success Stories

Bear & Crown Pub Brings British Classics to Old Sacramento

For Joe Wilson and Jesse Ledin, owners of Bear & Crown Pub, opening a British eatery in Northern California was a new endeavor in their personal and professional lives—but in many ways, it was familiar territory.  The restaurant, which celebrated its grand opening in August of 2023, is an embrace of the unique backgrounds of each of its founders.   

A veteran of the United States Marine Corps, Ledin has worked in the restaurant and hospitality industry for nearly two decades, with experience ranging from banquet catering to overseeing restaurant openings, while Wilson is a Certified Public Accountant (CPA) bringing extensive accounting experience and his British heritage to the enterprise.  Despite their experience, being a start-up restaurant presented challenges for accessing capital through a traditional bank loan—so when they were looking for funding to finalize their launch, they turned to California Capital and secured a loan that allowed them to complete their renovations of their Old Sacramento location.

BRITISH ROOTS, CALIFORNIA VIBE

Born in London to English parents, Wilson grew up eating—and enjoying—beloved British dishes. When Ledin stepped back from his role at another local restaurant, and the couple realized that their combined skillsets would translate well into operating a restaurant together, the idea of opening a traditional British pub immediately came to mind.  

“We saw a gap for a British pub in Sacramento, and we were craving that homey feel,” explains Ledin, adding that they were intent on opening near midtown or downtown Sacramento, where they live.  

What was originally envisioned as a hole-in-the-wall canteen, says Wilson, has developed into more of a California spin on the time-honored public houses of the United Kingdom. “It reflects my upbringing, because I’m both British and American, and the playful modern spin fits us more,” he says.  

To be sure, the brand itself is a deliberate nod to both locales. Bear & Crown follows the usual naming convention of pubs by having two nouns joined together, says Wilson, explaining that they chose bear to honor California and crown as a salute to hometown NBA team, The Kings. With a logo designed by local artist Spencer Parry, Bear & Crown is as Sacramento as a British-themed eatery can be.

SEEKING MENTORSHIP AND COMMUNITY SUPPORT

When they began to pursue the project in earnest, Ledin’s connections in the Sacramento restaurant industry proved to be invaluable mentors, and Wilson’s knowledge of accounting and business management made the planning s

eamless. Both of their families are supportive of the vision as well, and have invested in the start-up costs. With support from California Capital, they were able to finish their tenant improvements and open on schedule.  

“Working with [California Capital] was really easy, and it was great to have them visit the site and see the behind-the-scenes of how we were putting the money to use,” explains Wilson. “Working with a nonprofit lender was also a reflection of our love for the local community.”  

HUSTLE, BUSTLE, AND PLANS FOR GROWTH

Since their grand opening, the founders have kept their staff—and themselves—busy.  They are running promotions for Sacramento Kings fans heading to games at nearby Golden 1 Center, hosting private events and preparing to host more community events with their new entertainment permit.  In the coming months, they also plan to pilot a seasonal initiative in which they will partner with local nonprofits to offer a special menu item whose sales will support the nonprofit of the season.  

Add this to their regular happy hours and weekly, rotating Sunday Roast menu, and it is clear that Wilson and Ledin are staying true to the long-established tradition of pubs being more than a restaurant: Bear & Crown is quickly becoming a hub for entertainment, community building and inclusivity.  

California Capital News and Updates

Sacramento Barber Ronald Burt Brought His Vision to Life with Funding and Business Assistance from California Capital

For Ronald Burt, owner of The Lux Barber Lounge, styling services are not just another fact of life–they’re an opportunity to feel your best. At his Midtown, Sacramento location, Ron provides his clients with barber and styling services designed to make them feel pampered and refreshed. Before launching The Lux Barber Lounge, Burt worked with Women’s Business Center business counselor, Prashante Bailey-Lewis. After meeting at a networking event through the WBC’s Motivated Entrepreneurs program, Bailey-Lewis helped Burt fine-tune his business plan and create financial projections to apply for funding through the California Capital Lending Center.  

After completing barber school in New York, Burt returned to his home state of California ready to expand his operation. “I’m passionate about looking fresh and making people feel good, so it just made sense to make it a career,” Burt says, reflecting on being inspired by his cousins in the industry. After completing school, Burt rented stations at various shops, but after relocating to Sacramento in 2021 to be closer to family, he knew that the growing Midtown grid held promise for living out his dream.  

THE SEARCH FOR SUPPORT

To bring his vision of a high-end barber shop in a prime location to life, Burt knew that he would need to get a business loan. When he heard about the WBC’s Motivated Entrepreneurs meet-up that focused on how to access business funding, he almost did not attend–he had gone to similar events and had never been connected with the right resources.  

But through Motivated Entrepreneurs, Burt learned about the holistic approach of California Capital’s no-cost services–which can take entrepreneurs from addressing business obstacles with a counselor to applying for funding from the in-house Lending Center–and he decided to begin working with WBC business counselor, Prashante Bailey-Lewis to prepare his loan application. 

A YEAR OF ACCOMPLISHMENTS

“Prashante told me she had experience in the beauty industry, so it was kind of a perfect match in terms of mentoring and counseling,” explains Burt. “I had a business plan, but she helped me tweak it, make it better, and also write financial projections.”

 With this guidance, Burt put together a comprehensive loan application and was approved for funding in late 2023. Burt used the funding to secure a lease in the heart of Midtown, Sacramento and purchase state of the art equipment to complete the build-out. Burt celebrated the grand opening of The Lux Barber Lounge in November of 2023, and was also named a finalist of the Motivated Entrepreneurs Small Business Showcase pitch competition. By connecting to resources and a team of experts that believe in his vision, Ron Burt is raising the bar styling services available in Sacramento.  

 

California Capital’s no-cost resources are made possible in part with support from JP Morgan Chase. 

Blog, California Capital News and Updates

Sacramento Valley SBDC Partners with Yuba County to Launch Business Start-Up Program

Marysville, CA | Small businesses now have the opportunity to take part in free entrepreneurial education – and a chance at $10,000 – through a new startup program from Yuba County and SBDC. This week, Yuba County opened applications for Yes to Start Ups, a business incubator program established in partnership with Sacramento Valley Small Business Development Center (SBDC). The program is a free, online training series that offers fundamental business education, resources, and technical assistance to entrepreneurs starting or growing new businesses in Yuba County. The series will culminate in a pitch competition where participants will receive start-up funding grants of up to $10,000. Applications are available on sacramentovalleysbdc.org/yestostartups and are accepted until January 14. To participate in the program, legal business entities must be registered or plan to register in Yuba County. The 6-week series will take place virtually on Tuesdays, Jan 30 through March 5, 2024.

“Yuba County is a great place to start a business,” says Rachel Downs, Business Engagement Manager with Yes to Yuba. “We have strong communities that love to shop small and support the local economy, and we’re proud to create new opportunities for the area’s entrepreneurs to thrive.”

The series will be taught by a business advisor from Sacramento Valley SBDC, a business development nonprofit that serves Yuba County businesses with no-cost advising and education. The six-week training will focus on writing a business plan—including financial projections, market research, and pitching to funders—and will prepare participants for the pitch competition.

“This program provides an innovative way for entrepreneurs to grow their business and help them to develop a winning pitch to access funding.,” explains SiewYee Lee-Alix, Director of Sacramento Valley SBDC. “We are looking forward to watch business owners pursue their dreams and to continue supporting them.”

Through the capstone pitch competition, the entrepreneurs who complete the educational portion of the program will have the opportunity to receive start-up funding. This increase in access to funding is another significant step towards elevating Yuba County as a location where businesses can start, grow, and thrive.

Blog, California Capital News and Updates

Through California Capital partnership, City of Lodi expands funding opportunities for local businesses

Today, the City of Lodi Economic Development Department launches its partnership with Sacramento-based nonprofit California Capital Financial Development Corporation (FDC) to create a new loan program for small businesses and entrepreneurs in the City of Lodi. Through the Hometown Microloan Program, low-interest loans of up to $50,000 will be available to Lodi-based businesses with 10 or fewer employees.

“This new source of lending offered by the Lodi City Council is intended to provide a path forward to greater economic growth for startups and small businesses based in Lodi who have experienced hardships in obtaining capital,” explains Astria Trupovnieks, City of Lodi Business Development Manager. Trupovnieks developed the microloan program over a 12-month period in consultation with lending institutions in Lodi, regional nonprofit microlenders and community development nonprofits.

While any businesses who fit the borrowing criteria may apply, these loans are particularly designed to reach first-time borrowers and low-income, minority, veteran, and women-owned businesses. The partnership with California Capital FDC, a mission-based lender that provides loans to businesses who have been denied funding from traditional sources, will be instrumental in providing long-term financing support for Lodi’s growing businesses.

“California Capital provides complimentary business advising as part of the loan application process, ensuring that the applicants are prepared to manage their business and finances effectively,” explains Robert Gonzales, Director of Lending at California Capital, adding that business owners also will have access to ongoing no-cost advising after receiving a loan.

To add to the mission-based approach of the program, the loans will have a fixed interest rate of 5%, which is far below the current prime market rate. These favorable terms are made possible by the City of Lodi who will buying down the interest rate from 9.75 percent in addition to paying all loan fees. Leaders from both entities are optimistic, says Trupovnieks. “Plans are already underway to expand funding for the program to increase the number of businesses assisted in the future.”

Anyone interested in learning more about the Hometown Microloan Program is invited to visit cacapital.org/lodi or lodi.gov/484/economic-development.

Blog, California Capital News and Updates, Client Success Stories, Uncategorized

With a loan from California Capital, Edwin Balli is Transforming Rio Pub into a Community Hub

Edwin Balli isn’t new to business ownership—but with the purchase of Rio Pub in Rio Linda, California, he is taking on restaurant ownership for the first time. This year, Balli worked with Sacramento Valley SBDC and the California Capital Lending Center to enter the restaurant business and relaunch Rio Pub as a neighborhood institution.   

With a background in the tech industry, Balli launched his first business building custom computers and point-of-sale systems for small businesses with a college friend in 2012. From there, working as a business systems analyst for firms like LinkedIn and Facebook, Balli refined his skills of keeping a business running, so that by November of 2022 when he was ready for a pivot away from Silicon Valley, he was prepared to step back into business ownership.  

Knowing that he did not want to start a new enterprise from scratch, Balli worked with a broker to search for turnkey businesses on the market to buy. His one stipulation: he was not looking for businesses in the restaurant industry. “Then Rio Pub came up,” Balli says, laughing. “We came to see it and instantly fell in love with the neighborly vibe and the friendly people.”

Tapping Into Resources

Balli instantly envisioned the ways that he could revamp the space—he was sold, and he was looking to buy. To prepare to make an offer and enter unfamiliar business terrain, Balli worked with Panda Morgan, a business advisor with Sacramento Valley SBDC, a program of California Capital FDC.   “I had built business plans for start-ups, but never for an existing business,” he says, explaining that different considerations in the formatting and growth projections. “Working with Panda is what helped me realizing that [the business] was viable.”  

 

After working out what his purchase offer would be and the capital infusion he would need to make it possible, Balli was referred to the California Capital Lending Center to apply for a loan. Without restaurant industry experience, Balli had a hard time finding funding opportunities from traditional lenders—but as a mission-based lender, California Capital was able to take a holistic approach and consider Balli’s business experience and detailed business plan. Ultimately, Balli was approved for funding and celebrated the grand re-opening of Rio Pub in October of 2023. Continuing to work with his business advisor, Balli is honing his skills in accounting, managing inventory, and is applying his business analyst background to assess his progress and plan for growth.  

Creating a Community Hot Spot

Since opening, Balli has worked hard to build trust in the local community and establish a steady clientele base. “I want to get the ‘new owner, new mentality’ message to the community,” explains Balli. “We’re hosting events and making the space more family-friendly. The first thing I bought when I got the place was an arcade machine.” 

To be sure, Balli is well on his way to hosting events every night of the week: their current calendar boasts brunch on Sundays, Taco Tuesdays, Trivia Wednesdays and Karaoke Thursdays. Another local business, D-Dub’s Grubs, rents the kitchen space and serves up innovative and indulgent eats for the pub’s customers.  The consistency is paying off, says Balli. “My goal is to pub Rio Pub on the map beyond Rio Linda and get clients from areas like Natomas, Antelope, and Elverta.  I’m getting feedback from bartenders that they’re seeing new faces.”   

With a clear vision and the skills, expert advisors, and community buy-in to make it a reality, Edwin Balli is well on his way to making Rio Pub a destination for family-friendly fun.

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