About Us

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Our Mission

PACE Business Development Center is a local, non-profit organization that aims to facilitate the start-up and expansion of businesses in Los Angeles , by providing its clients with business training, capital acquisition, market development, and technical assistance.

Why PACE BDC was Established

PACE Business Development Center aspires to develop the potential of the diverse Los Angeles community by empowering small business owners with the knowledge, tools and resources necessary to successfully tap the market and their dreams.

Although initially launched to provide entrepreneurship training classes for low-income individuals, PACE BDC has since recognized the growing need to serve a broad spectrum of business owners in the market. To this end, we currently provide a variety of services for low-moderate small business owners and minority communities, to not only start up, but also expand, their businesses.

In order to achieve this vision, PACE BDC offers several services and resources to new and existing business owners, including technical assistance for:

• Small grants
• Loan referrals and loans for start up businesses and business expansion
• Business start up workshops
• Collaborative workshops with PACE Asset Building programs funds fundamental business start-up workshops
• Credit repair and financial education; loan packaging
• Procurement and WMBE certification
• Business Individual Development Account (IDAs) for business start-ups

As our reputation for successfully facilitating business start-ups and expansion has grown, we have been awarded grants from the Community Development Department, City of Los Angeles , Kaiser Foundation, Merrill Lynch, Wells Fargo, Bank of America, Small Business Administration and others. PACE BDC consistently assists 900+ businesses per year.

Our hands-on, down-to-earth programs are free or at very low cost to qualified individuals and businesses. Bilingual business counselors (English, Spanish, Korean, Mandarin, Cantonese, Chu Chow, Vietnamese, Cambodian, French, Tagalog) stand ready to assist you for all your business needs. For more information about the available services and resources to help launch your business, see our Business Services and Asset Building Services.