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Economic Development Specialist with the U.S. Small Business Administration
Ms. Beatriz Devis is an Economic Development Specialist with the U.S. Small Business Administration, Los Angeles District Office. Ms. Devis has been with the SBA for 23 years and has spent her entire government career in the Los Angeles region. She has served in many different areas of the SBA, including Administration, Executive Direction, 8(a) Business Development Department and Economic Development. A native Angelino, Beatriz has dedicated her career to serving the needs of the local small business community.
Miguel A. Acuña
Microloan Manager - Economic & Workforce Development Department
Miguel A. Acuña is the Microloan Manager for the City of Los Angeles Economic & Workforce Development Department. The Microloan Program offers loans from $10,000 to $50,000, with terms of 1 to 5 years. Loan funds can be used for eligible business operation costs, including, working capital, equipment, and inventory. Previously he served as the Director of BusinessSource network for 14 years. The BusinessSource network provides access to capital and business assistance to small business owners and entrepreneurs seeking to start up a business. Under his leadership the BusinessSource Network has: Assisted over 11,000 small businesses and entrepreneurs. Launched 730 new small businesses, packaged over 2,700 small business loans, funded over 1,300 small business loans for a total of $180 million. Created over 3,000 new jobs and retained over 1,000 jobs at an average cost of $2,900 per job. Generated over $224 million in wages to low and moderate income people.
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