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Lawmakers weigh $17 million proposal to continue CA RISE support for employment social enterprises
Summary
CalOSBA asked for $17 million to continue CA RISE, a statewide capital and capacity-building program for employment social enterprises that hire people with barriers to employment.
The Office of the Small Business Advocate (CalOSBA), housed within GO-Biz, asked the Assembly Budget Subcommittee No. 5 for $17 million in additional funding to continue CA RISE, a statewide program that provides capital and technical assistance to employment social enterprises (ESEs) that hire people facing employment barriers.
"CA RISE is the nation's first statewide capital and capacity building investment of this kind," Terrilyn Gray, director of CalOSBA, told the committee. Gray said the first iteration of CA RISE supports 61 ESE grantees with a reported headcount of more than 13,000 employees across…
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