Asian Business Association Expands SBDC Partnership With $200,000 In Grant Funding

(October 28, 2019) - Through a renewed commitment of a $50,000 grant from the Wells Fargo Foundation, Asian Business Association San Diego (ABASD) has leveraged an additional $50,000 match from the US Small Business Administration, and an additional $100,000 match from the California Governor’s Office of Business and Economic Development Small Business Technical Assistance Expansion Program.

With the support of Small Business Development Center San Diego and Imperial Network (SBDC), the new funding allows ABASD to be a full service center, joining the likes of The Brink at University of San Diego, CONNECT w/ San Diego Venture Group, East County Economic Development Council, among others.  ABASD’s added full-time business advisors and support staff will be dedicated to one-on-one, no-cost consulting, technical assistance, business mentorship, educational workshops and access-to-capital for the region’s small and disadvantaged businesses, startups, and entrepreneurs. 

Expanding from a micro-center to a full center, ABASD hired Wesley Quach as its full-time business advisor and is in the process of hiring additional support staff. Wesley comes to ABASD most recently as Convoy District’s Business Manager, overseeing the development of the heart of San Diego’s Asian community in Kearny Mesa. He brings added experience as a small business owner, an innovation center manager supporting early-stage technology startups, and organizer of the region’s largest Pan-Asian cultural event, the San Diego Night Market. In addition, Wesley serves on multiple non-profit boards throughout the community.

“The partnership between ABASD and the SBDC is important for the San Diego region,” said Marquise Jackson, Regional Director for SBDC, “It will lead to the economic advancement of Asian Pacific Islander small businesses and provide new access to additional opportunities that move the San Diego region forward.”

“We’re thankful for the leadership of SBDC San Diego and Imperial Regional Director Marquise Jackson and Associate Director Danny Fitzgerald, the Wells Fargo Foundation, and Isabel Guzman with the Office of Governor Gavin Newsom, for helping Asian Business Association San Diego reach a long-time dream of providing this service to San Diego County’s Asian Pacific Islander owned businesses,” stated Jason Paguio, ABASD’s President and CEO.

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Asian Business Association San Diego (ABASD) represents the interests of more than 30,000 Asian Pacific Islander owned businesses and believes in building sustainable communities through inclusive economic development and a qualified diverse workforce. ABASD accomplishes its mission through educational workshops, technical assistance, business mentorship, advocacy and access to capital to Asian Pacific Islander owned businesses throughout San Diego County.

ABASD SBDC services can be requested here: https://www.sdivsbdc.org/abasbdc/

For more information about ABASD: https://www.abasd.org