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REV: 04-09-25 VR Phase 3: Technical Assistance Delivery & Continued Support (July 2025 – June 2026) Deliver targeted technical assistance based on work plans, maintain engagement through tailored outreach, and support financial statement preparation for financial underwriting efforts. Task 3.1: Deliver Technical Assistance Subtask 3.1.1: Provide group workshops and webinars on critical business topics, including business strategy, pricing, and procurement processes. Subtask 3.1.2: Conduct one-on-one advisory sessions tailored to each business’s needs, focusing on implementing their work plans and overcoming specific challenges. Subtask 3.1.3: Continue outreach to ensure ongoing participation and address any emerging needs that businesses may have during the assistance period. Task 3.2: Financial Statement Support and Capital Access Subtask 3.2.1: Assist businesses with preparing financial statements. Subtask 3.2.2: Provide support for loan applications, reviewing key financial metrics, business viability, and repayment capacity. Subtask 3.2.3: Coordinate with support organizations, such as the SBDC and SBA, to facilitate capital access. Phase 4: Ongoing Monitoring and Reporting (May 2025 - June 2026) Monitor the progress of participating businesses, adjust technical assistance as needed, and report on program outcomes. Task 4.1: Monitoring and Evaluation Subtask 4.1.1: Conduct monthly check-ins with businesses to assess the impact of technical assistance and address any issues. Subtask 4.1.2: Adjust work plans and support services as needed based on feedback and observed progress. Subtask 4.1.3: Implement continued outreach strategies, such as personalized follow ups, to maintain engagement and support businesses in achieving their goals. Task 4.2: Reporting and Program Closeout Subtask 4.2.1: Compile reports detailing the number of businesses assisted, services provided, and key outcomes as identified in Phase 1. Subtask 4.2.2: Submit a final project report to the City of Redwood City, summarizing program achievements, challenges, and recommendations for future improvements. ATTY/AGR.2025.071/Right Source Services (RWC Smal Business Support) (Page 12 of 14)