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Two Calif. Women Are Now Leading Efforts to Support State’s 3.9 Million Small Businesses

 “Tara is a tireless and effective leader in California’s small business community and the right choice at this pivotal time,” she said.  “As the state of California continues its recovery, Tara will turn advocacy into action, get results for small businesses, and ensure our diverse small business owners and entrepreneurs are at the table driving towards an equitable and inclusive economic recovery.”

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Isabell Guzman, SBA director (left); Tara Lynn Gray, director of the Office of the Small Business Advocate. 

Last week, Gov. Gavin Newsom announced that he had appointed Tara Lynn Gray, 57, of Fresno, as director of the California Office of the Small Business Advocate (CalOSBA).

In that role, Gray, who is African American, replaces Isabel Guzman, who was appointed by Pres. Joe Biden as the 27th administrator of the Small Business Administration in January. Last week in Wash., D.C., with an 81-17 vote, the United States Senate confirmed Guzman’s nomination. She is Latina.

In California, Gray is expected to begin working immediately since the Small Business Advocate position does not require State Senate confirmation.

Now, working with similar mandates — one in a federal Cabinet position and the other at the top-level of state government — Guzman and Gray have become the de facto leading advocates for the almost 4 million small businesses in California, which, in aggregate, hire more than 7 million people and account for more than 99% of all Golden State businesses.

Together, the women will be responsible for directing tens of billions of dollars in emergency and ongoing budgetary funding to California small businesses.

CalOSBA is part of the Governor’s Office of Business and Economic Development (GO-Biz), which serves as the state’s main apparatus leading economic development programs designed to boost job growth and business assistance efforts.

Ashley Swearengin, CEO of the Central Valley Community Foundation and former Republican mayor of Fresno, praised Gray’s appointment.

“Tara is a tireless and effective leader in California’s small business community and the right choice at this pivotal time,” she said.  “As the state of California continues its recovery, Tara will turn advocacy into action, get results for small businesses, and ensure our diverse small business owners and entrepreneurs are at the table driving towards an equitable and inclusive economic recovery.”

GO-Biz offers a range of growth and support services to California business owners, including permit streamlining, clearing of regulatory hurdles, international trade development assistance, and more, according to the governor’s office. The governor has also charged the office to manage more than $2 billion in COVID-19 relief funding targeted to small businesses, non-profits and cultural institutions across California.

A Burbank resident, Guzman earned her bachelor’s degree at the University of Pennsylvania Wharton School of Business. As SBA Administrator, she will lead the federal agency with 9,000 employees and represent the interests of the country’s estimated 30 million small businesses.

In addition, she will oversee key parts of the Biden-Harris administration’s $1.9 trillion stimulus American Rescue Plan, including relief funding for small businesses like the Paycheck Protection Program and the Shuttered Venue Operators Grant Program.

“Throughout my public and private sector career, I have been dedicated to helping small businesses grow and succeed,” Guzman said during her Senate confirmation hearing. “Now more than ever, our impacted small businesses need our support, and the SBA stands ready to help them reopen and thrive.”

Before Newsom appointed Guzman to serve as CalOSBA director in 2019, she served as the SBA’s deputy chief of staff and senior advisor during the Obama-Biden Administration.

Before Gray accepted the top role at CalOSBA last week, she had been serving as the Chief Executive Officer of YADARI Enterprises for the last 16 years. YADARI is a tech consulting firm with headquarters in Vallejo.

Currently, Gray is also president and CEO of Fresno Metro Black Chamber of Commerce (FMBCC), a position she has held since 2017.  FMBCC is a community-based organization that advances the interests of African American entrepreneurs in the Central Valley with programs that focus on advocacy and economic development.

Before that, Gray held a number of leadership positions at technology firms, including president of Ecopia Information Technology Consulting from 2000 to 2002 and Senior Telecommunications and Project Manager and Network Engineer for Kaiser Foundation Health Plan from 1995 to 1999. She has also served in top management roles at Lotus Development Corporation and Ross-Dove Company Auctioneers.

Gray holds a master’s degree in Christian Studies from Grand Canyon University in Arizona and a Bachelor’s in Business Management from Saint Mary’s College in Contra Costa County.

In addition to her many professional accomplishments, Gray is actively involved in the social, civic and religious life of Fresno as well as the broader African American community across California.  She is a member of Black Women Organized for Political Action (BWOPA), Abundant Life Worship Center, Zeta Phi Beta Sorority, the California Black Chamber of Commerce and Chamber Foundation, and the California Small Business Employer Advisory Council.

Gray, a Democrat, will earn an annual salary of $175,644.

Activism

Oakland Post: Week of April 1 – 7, 2026

The printed Weekly Edition of the Oakland Post: Week of April 1 – 7, 2026

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Oakland Post: Week of March 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of March 18 – 24, 2026

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Advice

Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances. 

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Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support 

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC

© 2026 JPMorgan Chase & Co.

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