The Proposal shall consist of a cover sheet, evidence of experience, table of
contents and information as set forth in subsection (d) below.
The cover sheet of the Proposal shall be
signed and dated by each of the entities or individuals which are submitting
the Proposal, and shall contain the following information:
(1) Name and address of each entity or
individual submitting the Proposal;
(2) The proposed location and service area of
Evidence that Proposer has a minimum of two years' experience in small business
finance assistance, or a request for waiver from this requirement, including
the reasons for requesting the waiver.
(c) The Proposer shall prepare and submit a
table of contents page which lists each of the items required in the Proposal,
and the page number where it is located.
The Proposal shall contain the following
(1) A business plan setting forth
the proposed activities of the Proposer during the first year. The business
plan will include activities financed from all sources.
(2) Letters of cooperation from organizations
and individuals located within the geographic area to be served. The letters
must indicate specific assistance which the organization or individual will
provide to the Proposer.
description of the proposed facilities where the Proposer would be located. The
description must include a map showing the location, a photograph of the
building, the lease terms, square footage, and wheelchair
(4) A description of
the legal structure of the proposed Corporation. The Proposer must incorporate
following designation as a Corporation. If the Proposer is already an
established organization, it must acknowledge that upon designation as a
Corporation, it will be necessary to incorporate a new legal organization, and
that this organization must comply with all requirements of both the Law and
the Public Benefit Corporation law.
(5) Proposed article of incorporation
complying with Corporations Code section 14045.
(6) A description of the proposed staffing.
For each proposed staff position, indicate the minimum experience, salary and
proposed funding source. If the Proposer intends to select a specific person to
fill any of the positions, include the resume of each proposed
A budget which
shall consist of all proposed income and expenses of the Proposer during the
first year following designation as a Corporation. The budget shall list each
source of income for each cost category. Cost categories shall include, at a
(A) employees, with each proposed
employee listed by job title and funding source;
(C) consultants, including legal and
(E) rent; and
Cal. Code Regs. Tit.
Note: Authority cited: Section
Corporations Code. Reference: Sections 14002(b),14045 and 14050, Corporations
1. Editorial correction
of NOTE filed 5-19-82 (Register 82, No.21).
2. Editorial correction
filed 2-16-83 (Register 83, No.8).
3. Repealer and new section
filed 6-24-91; operative 7-24-91 (Register 91, No. 42).
Amendment of subsections (a) and (d) filed 12-27-2004 as a deemed emergency
pursuant to Corporations Code section
operative 12-27-2004 (Register 2004, No. 53). A Certificate of Compliance must
be transmitted to OAL by 6-27-2005 or emergency language will be repealed by
operation of law on the following day.
5. Editorial correction of
History4 (Register 2005, No. 27).
6. Certificate of Compliance as
to 12-27-2004 order, including amendment of Note, transmitted to OAL 5-25-2005
and filed 7-7-2005 (Register 2005, No. 27).