Thursday, May 13, 2010

New Eden Vale Inn Bed and Breakfast Placerville Coloma Named Regional Small Business of the Year


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SEDCorp news release
Auburn, CA  May 11, 2010

Local Bed and Breakfast Named Regional Small Business of the Year
Entrepreneurial spirit and commitment to excellence

SEDCorp Provides Loans for Small Rural Businesses in Cooperation with local government and the USDA.   Press Release:

"The Small Business of the Year Award for 2010 has gone to Eden Vale Inn of Placerville.  Each year, in honor of Small Business Week, the Sierra Economic Development Corporation  (SEDCorp) selects a small business for the award.  Placerville resident and business owner, Mark Hamlin was presented with the award on May 5, 2010 at the SEDCorp Board of Directors monthly meeting in Auburn.  Mark and Gayle, the owners of the Eden Vale Inn, were one of several nominees considered for the award.  Businesses were evaluated on such criteria as economic impact, increase in sales, product line expansion, penetration into new markets, job growth, upgrading management capabilities, participation in trainings and workshops, community involvement and dedication to the community that the business serves."

"During Small Business Week, SEDCorp honors small business owners and workers for their important role in leading the way in an economy distinguished by low unemployment and sustained job creation.   Brent Smith, SEDCorp CEO states, “We applaud the men and women who own and operate small businesses and spur economic growth. Through their entrepreneurial spirit and commitment to excellence, they help ensure that America remains a place where dreams are realized”."

"Mark and Gayle are committed to the success and growth of their Bed and Breakfast.  SEDCorp provided Eden Vale Inn a business loan under the USDA micro-loan program, they also benefited from SEDCorp’s technical assistance and small business training workshops. The Hamlin’s are active in their community, having hosted Chamber Mixer events and donating free stays to a silent auction that provides support to women in their area. The Eden Vale Inn’s lush gardens and beautiful pond have been featured as a stop on the Garden Tour of El Dorado County many times. You can view their video on youtube.com by searching Eden Vale Inn."      You Tube: http://www.youtube.com/watch?v=1lCLAY-Bq-A

"SEDCorp offers small businesses financing through the SBA Micro enterprise Loan Program and several other programs in loan amounts up to $150,000.  SEDCorp’s Loan Program Supervisor, Colleen Crowden, said, “The SEDCorp Rural Revolving Loan Program really compliments our SBA Micro enterprise...Loan Program that provides funding up to $35,000.”  SEDCorp also has a loan program specifically targeted at expanding small businesses in Sierra County.  The loan programs are available to businesses in a nine-county region: El Dorado, Lassen, Modoc, Nevada, Placer, Plumas, Sacramento, Sierra and Yolo. These loans can be used for equipment, inventory, supplies, furniture, vehicles, and working capital.   SEDCorp is the only Small Business Administration designated microlender in northeastern California.  For more information, call SEDCorp at 530-823-4703 or visit www.sedcorp.biz."

Contact SEDCorp at:  530-823-4703   www.sedcorp.biz