Milestones
2003
Sep
- SFHCC joins LCF to address access to capital and procurement needs of the Hispanic community
Dec
- SFHCC, LCF, and Union Bank host Access to Capital Summit
2004
Jan
- Research commences on Isabela Project white paper
Mar
- Isabela Project receives funding from Altria ($20,000) and Union Bank of California ($7500)
Apr
- Isabela project presented to Minority Business Development Agency Regional Meeting with National Director Ronald Langston
Jun
- San Francisco Business Times profiles Isabela Project
- Isabela Project white paper released at City Club hosted by Union Bank of California and Goldman Sachs
Jul
- Isabela Project Steering Committee formed
- Capitalization sub-committee, co-chaired by Maria Gallo of Union Bank of California and Fred Williamson of Wells Fargo) and Procurement sub-committee (chaired by Richard Chacon of Union Bank of California and Bonnie Wells of PG&E) formed
- Fund development for feasibility study and procurement bootcamp commences
- Procurement sub-committee enlists Ernie Bumatay, Summit Group, as consultant to the project
- Assemblyman Mark Leno endorses Isabela Project and provides support to identify funding sources
- Isabela Project introduced to Governor's Office of Economic Development
Aug
- Isabela Project receives support from CPUC Chairman, Commissioner Michael Peevy
- Bonnie Wells, PG&gE, champions Isabela Project with CPUC Diversity Council
- Discussions with three CPUC Diversity Council members commence — Verizon, SBC, Southern California Edison
- Isabela Project receives funding commitment from Union Bank of California ($10,000), Wells Fargo ($15,000), and PG&gE ($25,000)
- Northern Region, California Hispanic Chambers of Commerce endorses Isabela Project
- Procurement sub-committee receives commitment from Wells Fargo and PG&gE to serve as pilot companies
- California Hispanic Chamber of Commerce endorses Isabela Project
- Isabela Project receives support from David Crane, Governor's Office of Economic Development
- Isabela Project receives funding commitment from Supervisor Fiona Ma ($35,000)
- Richard Ventura and Marcela Davison Aviles are named advisory members to newly formed Northern California Hispanic Advisory Council (an outreach program of Merrill Lynch)
- Merrill Lynch expresses its intent to support Isabela Project, initial meeting set for Sep. 23
Sep
- Isabela Project receives funding commitment from CalSTRS ($35,000)
- Isabela Project receives commitment from Supervisor Fiona Ma to champion project with City and County of San Francisco
- Procurement Work Plan Outline completed
- Congresswoman Nancy Pelosi invites Richard Ventura to participate with Congressional Committee's Minority Business Summit in Washington, D.C.
- Northern California Supplier Diversity Council and SFHCC enter MOU to provide accounting function and fiscal oversight of Isabela Project expenditures
- Latino Economic Community Development Agency (LECDA), a division of the SFHCC, in formation
- Alex Rodriguez, Board Member of California Hispanic Chambers of Commerce introduces Isabela Project to Congressional Black Caucus in Washington, D.C.
- Content partnership with New American Alliance established
Oct
- Presentation made at SFHCC Hispanic Business Conference
Nov
- First draft of Procurement Bootcamp curriculum presented to steering committee
- PG&gE contribution received
Dec
- Altria Holding Company contribution received
- CalSTRS contribution received
2005
Jan
- City of San Jose selected as location of 2005 summit
- Wells Fargo and Cisco contributions received
- Revised draft of Procurement Bootcamp curriculum presented to steering committee
Feb
- Wells Fargo commits an additional $20,000
- Feasibility study executed with Milken Institute
Mar
- Procurement Sub Committee positions Consultant to assist with curriculum development
- Union Bank commits an additional $5,000
- Cisco commits an additional $10,000
Apr
- Steering Committee reviews infrastructure of Isabela Project
- Event Planner enlisted to assist with Economic Summit scheduled Sep 29