LAEDC urges residents who can’t afford internet to apply for the federal Emergency Broadband Benefit
Federal benefit will dovetail with regional Digital Equity Action League (LA DEAL) effort to eliminate the digital divide for good
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Keep Our Shops on the Block: Personal Care and Retail Recovery Grant
Attend our webinar to learn how to apply Los Angeles County Regional COVID Fund Keep Our Shops on the Block: Personal Care and Retail Recovery Grant Application period: April 5th … Continued
Congress extends Paycheck Protection Program applications through May 31, 2021
On March 25, 2021, Congress passed the PPP Extension Act of 2021, delaying the program’s deadline to May 31 so more businesses can apply for forgivable loans
SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program
Starting February 24th, for two weeks, businesses and nonprofits with 20 or fewer employees can apply for a forgivable loan from the federal government, through a special allocation of the … Continued
Business recovery resources and capital – PPP is back, and more!
UPDATED 2/8/21 – Added LISC Small Business Grants – APPLY Feb 8-9. If you operate a small business, this is the week to apply for NEW grants, forgivable loans, and … Continued
How to apply for CA Relief Grant: webinars for Small Business – Register!
JUST ADDED: 2/8 Webinar! In an effort to help the recovery of California small businesses, LAEDC will be conducting short webinar briefings on how to prepare and apply for the … Continued
Business recovery webinars from LAEDC support small business
LAEDC has posted a series of great webinars to help businesses reinvent, address challenges and recover. Topics include: Dominate the Market / Grow Your Online Sales; Building an Online Store; Como Aumentar tus Ventas en Redes Sociales, …
Playa Las Tunas restaurant, one of many businesses receiving LAEDC assistance
LAEDC’s team continues to assist — at no cost — businesses struggling during the pandemic. One great story is Playa Las Tunas restaurant, which had trouble accessing capital.
CA Relief Grants available for small business: next round starts Feb 2
UPDATE 1/14/21: First round has closed, and the second round has been announced. State of California has opened up two rounds of grants to small businesses, under the program name California Small Business COVID-19 Relief Grant Program.
Building cross border relationships in a COVID world: Stephen Cheung on CivitasLA
Dwayne Gathers hosted Stephen Cheung for a 30-minute CivitasLA podcast, exploring the pandemic’s disruption to LA’s global connections and inbound investment, which are so important to jobs and a strong economy.
April jobs numbers released for LA County: 20% unemployment
California EDD today released it’s April jobs data. The unadjusted unemployment rate for the LA County region was 20.3 percent in April 2020. “While these figures are concerning, they do … Continued
LAEDC provides analysis to business task force and LA County Supervisors
LAEDC CEO Bill Allen highlighted at-risk jobs and industries, and the need to help lower income people of color who have been disproportionately impacted by the economic crisis caused by … Continued
LAEDC research brief: Municipal budget exposure and COVID-19
LAEDC’s Institute for Applied Economics has published this analysis of general revenues of the 88 cities in Los Angeles County, assessing the level to which the cities are vulnerable to … Continued
Grifols Collaboration with US Government to Produce the First Treatment Specifically Targeting COVID-19
Lifescience company Grifols, with significant operations in LA, is pivoting to serve immediate health needs during the pandemic, using its advanced blood plasma processing operations to advance COVID-19 medical science … Continued
LAEDC: Potential for 31.7% unemployment rate in LA County by May 2020
On April 21, 2020, the LAEDC Institute for Applied Economics has published estimates for the Southern California economic conditions in May 2020, estimating a potential unemployment rate of 31.7% for … Continued