LAEDC is always looking for ways to help grow our local economy by helping to grow our small businesses.
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
County of Los Angeles has released a report prepared by LAEDC, with analysis of the economic crisis caused by COVID-19, and recommendations for a recovery that creates more widely shared equity.
Participants explored policy priorities and agreed that LA’s ZEV industry is ripe to accelerate even further because of the new federal administration and our governor and state budget, priorities and policies.
Talent pipelines and diversity were discussed at the e4 meeting Nov 12th, on the topic of Cool Jobs in a Hot Industry: Tesla and ZEVs. The meeting’s purpose was to advance equitable access to well-paying jobs
As restaurants face unprecedented challenges this year, LAEDC’s team is assisting them with access to capital, e-commerce strategies, and analysis of their operations to keep them afloat through the pandemic. … Continued
Industry experts offered next steps local governments can take to comply with Governor Newsom’s EV order and support more EV adoption, at the e4 Mobility Alliance meeting held on October 22nd.
Future Forum: The Future of Entertainment explored ways in which production, content delivery and more have changed in Entertainment
The Governor’s Office of Business and Economic Development (GO-Biz) today announced the California Rebuilding Fund, a new public-private partnership that will leverage government backed capital to support California’s small businesses … Continued
Two electric vehicle OEMs in LA County have this week announced major financial deals, extending the region’s investment in EV innovation. With a plethora of EV makers including a number … Continued
Samantha Bricker of LA World Airports (LAWA) outlined ways to participate in infrastructure improvement projects at LAX, with a panel discussion focused on women in the industry
LAEDC’s Bill Allen was one of several panelists in a pair of recent webinars, discussing the potential for LA County to create more innovation businesses and jobs in the “blue” or ocean economy. Following up on the recent LAEDC report, The Ocean Economy in Los Angeles County, speakers from several innovation businesses discussed LA’s opportunity
Many small businesses have suffered in the pandemic because they lack a good internet sales system, at a time when shoppers are using more in-home delivery. This State of California … Continued
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 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
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
LA’s “Blue Economy” Represents a Major Jobs, Wage and Tax Revenue Driver Rarely Tracked, LAEDC Says: “Blue Industry Jobs Projected to Grow to 126,000 by 2023” Download and read the … Continued
Stephen Cheung was recognized by LA County Supervisor Hilda Solis in February, for his continuing and dedicated service to the community. She remarked that Stephen has been instrumental in economic … Continued
All of us on the staff of LAEDC are saddened to hear this tragic news. Kobe was one of LA’s biggest supporters and philanthropists. He chose to make a real … Continued
SCAG’s no-miss annual Economic Summit featured LAEDC economist Eric Hayes delivering an update on the economy, and Judy Kruger talked about LAEDC’s perspectives on the EV and advanced mobility industries … Continued
