Member Spotlight: Steve Olson & Halé Behzadi
This month, we would like to welcome and spotlight our incoming Chair, Steve Olson, and Vice Chair, Halé Behzadi. The Chair and Vice Chair of the Executive Committee provide leadership, … Continued
Category: Uncategorized
Spotlight of Black-Owned Businesses
LAEDC is always looking for ways to help grow our local economy by helping to grow our small businesses.
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
New Report: Pathways to Economic Resiliency outlines economic recovery recommendations
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.
Maximum acceleration in ZEV policy: e4 meeting highlighted collaboration
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.
ZEV automotive technician career opportunity strong, says Tesla at E4 meeting
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
Restaurants & bars get assistance from LAEDC as they adapt: Stories from Keep LA Working Program
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
Local government policies are key to EV adoption: Findings from e4 Policy Committee meeting
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.
Entertainment execs at Future Forum: COVID driving major change, new uses for gaming platforms
Future Forum: The Future of Entertainment explored ways in which production, content delivery and more have changed in Entertainment
New Go-Biz Initiative Looks to Support Smallest of California Small Businesses
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
LA’s EV companies on the move: Canoo to go public on NASDAQ, Xos Trucks raises $20M
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
LAX subcontractor opps discussed at e4 “Women in Advanced Transportation”
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
LA’s ocean economy explored in two Altasea webinars
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
#ShopSafeShopLocal program helps California small businesses gain online sales, capture local buyers
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
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
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
Ocean Economy report released by LAEDC and Altasea
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
LAEDC EVP Stephen Cheung recognized by Supervisor Hilda Solis
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
City of Angels has lost one of its brightest lights: Kobe Bryant
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 features LAEDC Economic Update for LA County, preview of EV industry report
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
Finalist cities announced for Most Business-Friendly City Award
LAEDC Announces 2019 Finalists for Most Business-Friendly City in Los Angeles County: Winners to be named at Eddy Awards, alongside Honorees Phil Washington, Citi, CSU Dominguez Hills LOS ANGELES, CA … Continued
Resilience Month! Loads of events and new tools for organizations to cut their risk!
Workshops, webinars, new guides, and free resources… Make this the month you take action to protect your organization from earthquakes and other disasters! Sept 11: Creating a Safer LA County … Continued
Recap: e4 Mobility Alliance Meeting on Women Advancing Transportation
On August 15th, LAEDC’s e4 Mobility Alliance convened business leaders from NEXT Trucking, Fisker, Canoo, Faraday Future, and the Los Angeles Mayor’s Office around a dynamic conversation about the opportunities … Continued