The Los Angeles County Economic Development Corporation (LAEDC) is the region’s leading provider of economic development services. Established in 1981, the LAEDC’s mission is to attract, retain and grow businesses and jobs for the regions of Los Angeles County. The LAEDC serves the 88 cities and more than 100 unincorporated communities of L.A. County through its free business assistance and attraction programs, economic research, fee-supported economic and policy analysis, and public policy leadership.
Just as the region’s economy has grown, so have the breadth and impact of the LAEDC’s programs and services. Since 1996, the LAEDC’s Business Assistance team has helped to retain or attract over 190,000 annual jobs in Los Angeles County with an estimated labor income, including wages and benefits, of approximately $12 billion. Taken together with the supported indirect and induced economic activity, a total of more than 400,000 annual jobs with labor income of more than $21 billion were impacted, accounting for an estimated $850 million in property and sales tax revenues to the County of Los Angeles.
William C. “Bill” Allen • Biography
President & CEO
Lewis C. Horne • Biography
Chairman of the Board, LAEDC
Executive Managing Director, Greater Los Angeles Region