Modesto’s vibrant economy is significantly driven by its small businesses and entrepreneurial spirit. Recognizing the pivotal role these enterprises play, various local organizations and programs have been established to support and empower entrepreneurs in our community.
City of Modesto’s Economic Development Initiatives
The City of Modesto offers a range of incentives and support services designed to facilitate business growth and development. Key initiatives include:
- Business Concierge Team: This dedicated team provides personalized, hands-on support to businesses, assisting with permitting, connecting to available programs, and offering tailored guidance to help businesses start, grow, and succeed. Learn more
- Revolving Loan Fund Programs: To support local entrepreneurs, the city offers loan programs such as the Small Business Growth & Expansion Loan Program, providing loans ranging from $2,500 to $75,000 at favorable terms. Learn more
- Downtown Incentives: These include occupancy incentives, façade improvement grants, and fee waivers aimed at revitalizing the downtown area and supporting businesses operating there. Learn more
Stanislaus Equity Partners (STEP)
STEP is committed to fostering a thriving local business sector by providing resources such as technical assistance, one-on-one support, and connections to affordable lending options. Their programs include:
- Entrepreneurship Cohorts: These 6-week courses help participants develop business plans and cover topics like business structures, marketing, accounting, and funding. Learn more
- Micro-Business Development Hub: An annual cohort serving BIPOC entrepreneurs, offering modules on business strategy, financial planning, marketing, and QuickBooks. Learn more
Valley Sierra Small Business Development Center (SBDC)
Hosted by Opportunity Stanislaus, the Valley Sierra SBDC provides no-cost confidential business consulting and low-cost training to entrepreneurs and business owners. Services include assistance with business start-up, writing business plans, marketing, strategic planning, funding resources, operations, financial analysis, and more. Learn more
SizeUp Modesto
In partnership with the Stanislaus Latino Chamber of Commerce, the City of Modesto offers the SizeUp Small Business Intelligence Platform. This tool provides market research and data-driven insights to local businesses, including performance comparisons, market potential analysis, marketing optimization, and demographic analysis. Learn more
By leveraging these resources, Modesto’s entrepreneurs and small business owners can access the support and information necessary to navigate challenges, seize opportunities, and contribute to the economic vitality of our community.