Our Approach

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how LAEDC

BUILDS AN ECONOMY FOR ALL:

Economic Development:

Improving a community’s economic well‑being and quality of life…

WHAT'S THE GOAL?

Job creation, retention, better tax base, inclusive
opportunity—all goals of economic development

LAEDC IS A CONVENER

LAEDC uses its power to convene voices with its vision of a
“coalition of one – economy for all”

Together, LAEDC leads consensus-based strategy
— built by everyone, for everyone.

FIVE PILLARS IN ACTION

LAEDC Institute for Applied Economics leads objective regional research to inform decisions.

One‑on‑one business advising, permitting help, access to capital for LA businesses.

World Trade Center LA helps attract foreign investment and export opportunities.

Programs aligning education and training with industry needs—making more Angelenos ready for good jobs.

LAEDC engages public policy leaders, advocates inclusive policies and strategy.

More quality jobs and career pathways

Stronger tax base funds public services

Thriving small and international businesses

Greater equity and inclusive growth for all Angelenos

Economic Development =
a thriving, equitable, sustainable LA regional economy.

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ABOUT OUR APPROACH Contact

LAEDC uses a 5 Pillar Approach to advance inclusive and equitable economic growth.

The 5 Pillars:

These pillars collectively drive Industry Cluster Development, helping LA’s industries grow and thrive.

To achieve our 5 Pillar Approach, LAEDC is organized into specialized teams:

• Institute for Applied Economics (IAE)

• Business Assistance Program (BAP)

• Workforce Development (WF)

• World Trade Center Los Angeles (WTCLA)

• Strategic Engagement (SE)

• Industry Development Team

• Policy Team

• California Jobs First (CJF) Team