Category: Finance

Bilingual report — Assessor completes $162 billion tax roll for property tax year 2022-23

County Assessor Dan Goodwin announced thecertification and delivery of Ventura County’s annual assessment roll on time to Auditor-Controller Jeff Burgh on Thursday, June 30. The Local Roll now contains a record $162.13 billion in assessed value.

While most properties received a modest increase of 2%, which is their maximum set by a 1978 ballot measure known as Prop 13, some properties will see a larger increase due to new sales or new construction.

Economic Development Collaborative (EDC) Free Webinar Schedule

VENTURA COUNTY SCORE: HOW TO INFLUENCE, PERSUADE AND SELL ANYONE

July 6 @ 10:30 am

Have you ever struggled to get someone to accept your ideas or buy your product or service? Well, help is finally on the way, with this breakthrough webinar! In less than an hour you will learn how to convince and sell almost anyone. Suddenly, you’ll have an incredible power to persuade all the people in your life, unlike anything you’ve ever been able to do before. From friends and family members to prospects and clients, you will suddenly be able to enjoy more stress-free, predictable and FUN ways to get people on your side and buying from you… whether it be face-to-face, from your website, from your ads and emails and more! In this webinar for small business owners, top behavioral management specialist James I. Bond will share secrets that will help you grow your business and simplify your life almost immediately.

Museum of Ventura County — We deeply appreciate you

The Museum deeply appreciates these thoughtful gifts of tribute
that sustain the legacy of the Museum’s mission.

The following individuals have chosen to celebrate the legacy of friends and family members through a gift of remembrance or honor in their name to
the Museum of Ventura County.
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Economic Development Collaborative (EDC) — Free Webinar Schedule

SHOWCASING THE INTERNATIONAL SUCCESS OF LGBTQ+ OWNED AND LED BUSINESSES

June 29 @ 11:00 am

The U.S. Commercial Service invites you to register below for the fifth session of their “From Local to Global: Celebrating Diversity” event series. In celebration of Pride Month, the U.S. Commercial Service will feature an interactive discussion of how LGBTQ+ owned & led Southern California-based companies have successfully grown their businesses internationally.

CLICK HERE TO REGISTER

County of Ventura Board of Supervisors Approves $2.7 Billion Balanced Budget for FY 2022-23

The County of Ventura Board of Supervisors has unanimously approved a $2.7 billion balanced budget for the fiscal year 2022-23 at Monday’s budget hearing. The budget focuses on Board priorities, including expanding mental health services, ending homelessness, climate action, and pandemic recovery.

“The budget is the backbone of the County and what we do for the people of this County,” said Chair of the Board of Supervisors Carmen Ramirez. “Our strong financial position allowed us to sustain key services for our community while responding to the pandemic and expanding in needed areas like mental and public health, human services, services for people experiencing homelessness, equity and inclusion, and environmental sustainability.”

EDC’s Economic 411 Labor Market Report

The California Labor Market Information Division (LMID) released its May 2022 report last Friday, Ventura County breaking for the second month in a row our lowest recorded unemployment rate going all the way back to 1990, down from 3.0% in April to 2.7% in May. While both April and May were record-setting, the May number is truly remarkable, the first time in at least 32 years that Ventura County has dropped below three percent. For the May data, click here. 

That noted, you may recall from our prior recent reports that we’ve become less interested in the unemployment rate as an indicator of our economic health, and more focused on the size of our total labor force and the total numbers of employed workers and industry jobs. On each of those fronts we at least moved very moderately in the right direction in May, but not enough to suggest that our local economy is anywhere near fully recovered.

Cal Lutheran Upward Bound gets $3.6M. Largest-ever award will expand college-prep efforts

The U.S. Department of Education awarded California Lutheran University more than $3.6 million to continue and expand its TRIO Traditional Upward Bound services for high school students in Oxnard, Hawthorne and Lawndale.

The five-year grants comprise the largest amount Cal Lutheran has ever received for its program, which for 42 years has been motivating and preparing low-income and potential first-generation college students to continue their education beyond high school.

A $2,138,500 grant will allow the university to serve 89 students a year from Oxnard’s public high schools, and a $1,488,000 award will fund its work with 60 students a year from Hawthorne and Leuzinger high schools in Los Angeles County.

Economic Development Collaborative (EDC) — Free Webinar Schedule

SBA: CELEBRATE PRIDE WITH SBA AND JWBC

June 21 @ 9:30 am PST

Join the SBA North Florida District Office (NFDO) and JWBC as we recognize and celebrate Pride Month, by delivering key information that will benefit future and existing small business owners at no cost! The U.S. Small Business Administration (SBA) network for LGBTQ+ Businesses aims to bring focus on economic empowerment in the LGBTQ+ business community by providing access to SBA’s programs and services and recognizes the importance of greater inclusion at all levels and in all communities. Discussions will include a local business owner from the LGBTQ+ business community and resources available to launch and take your business to the next level through the SBA North Florida District Office, SCORE Jacksonville & JWBC. There will also be resources that support LGBTQ+ communities available to connect with. If you plan on attending this free virtual event, you must register, to save your virtual seat!

CLICK HERE TO REGISTER

10th Annual Ventura County Farm Day Seeks Sponsors

VENTURA — The 10th annual Ventura Farm Day, set for Saturday, November 5, is seeking sponsors. During Farm Day, more than 14 Ventura County farms and agricultural businesses open their doors and invite the public to learn how their food is…

Economic Development Collaborative (EDC) Free Webinar Schedule

VENTURA COUNTY SCORE: QUICKBOOKS ONLINE AND BEST ACCOUNTING PRACTICES: AN OPEN TOPIC INTERACTIVE SESSION

June 14 @ 10:30 am

This live, interactive webinar session is designed to help you understand the features, functions and benefits of QuickBooks Online for small business owners as well as assist you in implementing accounting best practices to manage your business finance. This webinar will concentrate on setting up QuickBooks Online for your business. Juliana Ramirez from JR Bookkeeping will live answer your questions related to the subject matter including live demonstrations.

CLICK HERE TO REGISTER

Friendship Center’s SPRING CAMPAIGN Reminder

Here at Friendship Center, we have stood by our members and really reached out to meet their needs in every way possible, through all the changes and uncertainty of the pandemic. This clear purpose and agility is something we are very proud of as a longstanding nonprofit organization serving vulnerable elders of our Santa Barbara community. It is a great JOY to share that we have restored full time program services, and are embracing our membership in full bloom!

Financial planner launches consultancy to help divorcing couples untangle their finances

As a financial planner and investment advisor for more than 15 years, Kimberly Malesky noticed the same pattern among new clients seeking advice after going through a divorce: They came to her too late.

So Malesky launched Ezharmony Divorce Solutions. Based in Montecito, the company offers tailored financial advice to individuals and couples contemplating divorce or in the midst of a divorce. Her goal is to guide and support her clients through the divorce process, ensuring they understand the financial and emotional implications of their decisions, avoid common money mistakes, and reach a fair divorce settlement.

People’s Self Help Housing — Celebrating NeighborWorks Week 2022

Join us in celebrating NeighborWorks Week! During this time, NeighborWorks organizations around the country celebrate the successes of their local communities and see how we can work together build stronger neighborhoods. By empowering people to achieve their goals – such as make their community safer, find and maintain secure housing, and ensure financial stability – leads to thriving, healthier communities.
 
With the support of NeighborWorks America, People’s Self-Help Housing has helped empower communities throughout the Central Coast by: 
Bringing the stability and wealth-building opportunities of homeownership to 1,200+ households
Serving 5,000+ residents with compassionate property management and supportive services
Providing 200+ dedicated team members with reliable, respecful employment

Housing Trust Fund Ventura County achieves record fundraising at 3rd Annual Compassion Campaign

Housing Trust Fund Ventura County (Housing Trust Fund VC) recently celebrated its 3rd Annual Compassion Campaign at beautiful Maravilla Gardens in Camarillo. Over 175 attendees gathered for a deeply moving interactive experience. Guests were immersed in an unforgettable evening highlighting the interconnectedness of people’s lives and how we are all impacted by the need for more affordable housing. Housing Trust Fund VC achieved a fundraising record high through generous donors, sponsors, and investors, once again highlighting that as a collective community we can work towards achieving housing equity for all in Ventura County.

Attendees received a special message from California Department of Housing and Community Development Director Gustavo Velasquez on the importance of housing policies and agendas, and how when we all work together progress can be made to tackle the affordable housing crisis in California.

Bilingual report — Ventura County awarded highest credit ratings by nation’s top credit rating firms

The nation’s two top credit rating firms – Moody’s Investors Service and Standard & Poor’s, have awarded the County with their highest short term credit ratings.  These ratings enable the County to borrow funds at lower interest rates to fund critical needs, saving substantial taxpayer resources over time.  

“I am most appreciative for this recognition of the County’s ongoing pledge committing ourselves to prudent and conservative fiscal practices by way of policy and culture especially given the challenging years that we have most recently endured due to the pandemic,” said Interim County Executive Officer Dr. Sevet Johnson. “These ratings are a testament to the efforts of the Board of Supervisors as well as the managers and personnel who daily take on the task of ensuring our County is fiscally strong.  Being awarded the highest ratings again demonstrates the culture of our institution and the resiliency of our local taxpayers-both individuals and businesses who have continued to make payments during challenging times resulting in a strong tax base.  The fiscal judiciousness practiced with these public funds allows us to respond with agility to provide needed services to our community appropriately.” 

Museum of Ventura County — Your donation to MVC makes a real difference

he Museum of Ventura County and the Agriculture Museum are poised to move into a new era of exhibits, programs, and education, and we need your support to do so.

As a community, we are in an exciting time, a time when coming together in-person safely is happening again. In the coming weeks and months, your Museums in Ventura and Santa Paula will be presenting compelling new programming and events.
We are proud of the recent impact made during closures and limited openings, and excited about where we are headed, with your help:
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Admission is now FREE at both locations and will continue to be, with your support
Increased focus on enrichment activities for children and families
New exhibits in every gallery at the Ventura location, beginning in May/June
MVC Education Programs now present education tours in-person or virtually
The MVC 3rd campus – venturamuseum.org – will continue to offer new content regularly, including videos, articles, blogs, puzzles, and over a thousand new digitized photos in 2022
Thank you for your support of MVC throughout these trying times. We are counting on you as we enter this next exciting chapter in the life of our region’s pre-eminent cultural institution. It is only through your sustaining generosity that we can continue to provide the relevant, stimulating, thought-provoking, inspiring, and compelling programming that nourishes this community.

Museum of Ventura County — We are deeply grateful for you

The Museum deeply appreciates these thoughtful gifts of tribute
that sustain the legacy of the Museum’s mission.

The following individuals have chosen to celebrate the legacy of friends and family members through a gift of remembrance or honor in their name to
the Museum of Ventura County.

Friendship Center Adult Day Services — Spring Appeal Letter from Executive Director Heidi Holly

The pandemic experience has been a challenge that affected everyone of us, in so many facets. We take this moment to acknowledge both its global, far reaching effects, as well as the very personal impact it has made on our lives.

Ventura County Community Development Corp. — 17 years in a garage and now HOME

It’s easy to get overwhelmed by all of the obstacles that loom ahead of a home purchase and too often we count ourselves out of the possibility of becoming homeowners one day. Yet in 2016, the Torres Family decided that they were going to try. It wasn’t an easy start. Mayra Torres, mom of three, had to resort to gathering coins from their money jar to afford a babysitter while they attended their first Homebuyer Workshop with VCCDC. They started from the very beginning; learning how to budget and starting the slow process of building up their credit score. Last month, after diligently working for almost 6 years (and many many homeownership coaching sessions later), the Torres Family moved out of the garage they had been living in for 17 years and closed on their very own home purchase.

“A week before we closed our purchase, we went to see the house [for our final inspection] and I remember I went to the yard which has fruit trees and I picked up a lemon and I brought the lemon home. When I cut the lemon, it was so emotional because this was a lemon that is mine, I don’t have to buy it at the store. It is so amazing to have a place that you can say is yours.” – Mayra

Pictured: the Torres Family in their new kitchen

The Torres Family will be sharing their journey at this year’s conference. Don’t let the mountain of obstacles stop you from starting your homeownership journey. The dream really can become your reality.

Quinn Fiduciary Services welcomes new fiduciary associate Tamara Skov

Tamara Skov, a former health care executive and non-profit manager has joined local estate management firm Quinn Fiduciary Services as an associate fiduciary.

Skov, a California Licensed Professional Fiduciary, has worked extensively in non-profit management and charitable gift planning, balancing the mission of the non-profit with the needs and interests of donors.

Southeast Ventura County YMCA’s “Find My Genius” Now An After-School Program

For the past four years, the Southeast Ventura County YMCA has been offering its “Find My Genius” enrichment summer program to kids not reading at grade level. It is now conducting a five-week after-school Find My Genius pilot program at five Conejo Valley schools with the goal to expand the free program year-round.

Two hundred Title One, English language learners and foster youth at Acacia, Ladera, Madrona, Maple and Walnut elementary schools began the program on May 2. Young scholars in first through fifth grades spend three hours every school day participating in a curriculum focusing on enrichment activities, physical fitness and social and emotional learning. The children also receive homework support.

“It’s been our dream to offer Find My Genius during the school year,” says Megan Glynn, YMCA’s Chief Development Officer. “This is the first step. Imagine if children had access to assistance for a full year in a fun, nurturing environment? The main roadblock was funding.”

Economic Development Collaborative (EDC) — Economic 411 Labor Market Report

The California Labor Market Information Division (LMID) released its April 2022 report on Friday, showing an extraordinary improvement in the unemployment rate, down all the way from an already unprecedented low of 3.5% in March to 3.0% in April. Though rather than being encouraged by that data, we’re more convinced than ever that the unemployment rate in the COVID recovery era is all but meaningless as an indicator of our regional economic condition.

For the April data, click here. For our commentary on it all, or on why we’ve mostly given up on the unemployment rate as a measure of recovery, please read on.

Economic Development Collaborative (EDC) — Free Webinar Schedule

STARTING YOUR BUSINESS IN LOMPOC

May 26 @ 12:00 pm

Turn your 2022 business goals into a realty! Join the EDC SBDC, the Small Business Development Center serving Santa Barbara County, the City of Lompoc and the Lompoc Valley Chamber of Commerce in this FREE webinar to learn more about starting your business in Lompoc.

CLICK HERE TO REGISTER

Economic Development Collaborative (EDC) — New Retirement Savings Requirement for Small Businesses

Did you know that any employer with at least five California-based employees, at least one of whom is age eighteen, that doesn’t already offer a workplace retirement savings vehicle will be required by state law to do so by June 30, 2022?

Businesses can either begin offering retirement savings through the private market or through CalSavers!

The CalSavers program ensures nearly all Californians have access to a workplace retirement savings program by offering employees a completely voluntary, low cost, portable retirement savings vehicle with professionally managed investments and oversight from a public, transparent board of directors, chaired by the California State Treasurer.

Ventura College Foundation Distributes More Than $750,000 In Scholarships

The Ventura College Foundation presented scholarships to 240 students for the 2022-2023 academic year during its 33rd Annual Scholarship Awards ceremony, May 13, at the Ventura College Athletic Center. There were 446 scholarships awarded, including nine new scholarships, totaling $756,908. Last year’s distribution amount was $652,758.

Scholarships ranged from an average of over $2,400 for continuing students to an average of $4,200 for students who are transferring to four-year universities in the Fall. Many students received multiple scholarships.

SBCC’s Cameron Black receives Cooke Undergraduate Transfer Scholarship

When the Jack Kent Cooke Foundation announced the recipients for its highly competitive Cooke Undergraduate Transfer Scholarship on May 12, 2022, one Santa Barbara City College student appeared on the list: Cameron Black. Cameron, who majored in both psychology and communications, was also an SBCC Associated Student Government (ASG) officer committed to nurturing equity and inclusion within the SBCC community.

“Today, almost half of all college students begin their academic career at a community college,” said Seppy Basili, executive director of the Jack Kent Cooke Foundation. “We know our community colleges are full of high-achieving students, and we’re committed to playing our part to ensure those students succeed. Congratulations to a cohort of students who have persisted in the midst of such unprecedented disruptions in our lives.”

Rotary Club of Montecito Foundation Donates to ShelterBox, Direct Relief

The Rotary Club of Montecito Foundation has donated $10,500 each to two humanitarian relief organizations that are offering direct medical and shelter supplies and support to the people of Ukraine during this time of war and crisis. ShelterBoxUSA and Direct Relief not only respond to times of great need around the entire world, but the groups have also provided comfort and help to the greater Santa Barbara County.

ShelterBox, founded in 2000, has given shelter and other essentials like blankets, cooking sets, and mosquito nets to more than two million people around the world. It has responded to over 300 disasters across 100 countries. Learn more about the organization at www.shelterboxusa.org.

United Way VITA Tax Program Helps Local Residents Receive Over $2.5 Million Back in Refunds

United Way of Santa Barbara County’s (UWSBC) Volunteer Income Tax Assistance Program (VITA) helped local residents receive over $2,678,237 back in refunds this year.

From February 2nd to April 18th, a team of 40 volunteers worked under United Way management at four locations throughout the County, providing free tax filing services to families and individuals making $67,000 or less annually. Locations included: United Way of Santa Barbara County, Immigrant Hope, the Eastside Library, and the Goleta Valley Community Center.

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: IMPROVE YOUR GOOGLE RANK: BEING FOUND AND CHOSEN ONLINE

May 17 @ 10:30 am

In this workshop, you will learn how to improve your business’s chance of being found in relevant online searches. SCORE will cover the building blocks of bringing exposure to your Google My Business listing and how to leverage the Google local pack ranking algorithm to show up above your competitors online. You won’t want to miss this webinar!

CLICK HERE TO REGISTER

MICOP — California Leaves Out Thousands Who Face Rising Food Insecurity

Gov. Gavin Newsom on May 13 announced his revised state budget plan, which included a proposal to remove exclusions to the California Food Assistance Program (CFAP) for Californians over age 55, regardless of immigration status. While this is an important step toward ensuring the health and wellbeing of older Californians, it misses a vital opportunity to ensure Californians of all ages who have been historically excluded are able to access critical food assistance. 

Amid skyrocketing food prices and soaring cost of living, a recent report from the Food4All campaign in partnership with the UCLA Center for Health Policy Research revealed that nearly half (45%) of undocumented Californians are currently experiencing food insecurity. Children face even higher rates of food insecurity; 64% of undocumented children – nearly two out of every three – don’t have access to sufficient food. 

People’s Self-Help Housing — Camino Scholars Spring Silent Auction: Bidding Open Now!

Help our students blossom by participating in our virtual silent auction! Bidding will be open from today, May 16 at 12PM through Sunday, May 22 at 5PM, where you can choose from an exciting selection of local goods, services and experiences. All proceeds will support Camino Scholars, the education program of People’s Self-Help Housing.

Ventura County Community Development Corp. — Registration Now Open for Home Ownership Virtual Conference

want all your homeownership questions answered but did you know it is also the beginning of a life-changing journey that could impact generations of your family?!

If you’re ready to learn, connect and find a way to financial security, you’re in the right place. Most people come to us feeling like homeownership is impossible, but with over 2,000 families successfully purchasing homes, and countless more engaged on the path, we can confidently be the hope that you need to keeping working toward your dreams. Through resources like our Homeownership Conference, we can help you find “a new way home”.

Now it’s your turn. Don’t miss this chance to find your way home. Check out our website for information and register early.

EPA Announces $48 Million WIFIA Loan to Expand Water Supplies in Oxnard

The U.S. Environmental Protection Agency (EPA) on May 13 announced a $48 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the City of Oxnard, California, to support its Aquifer Storage Recovery Project. With this WIFIA loan, EPA is helping to expand the city’s recycled water supply to help secure a climate-resilient and reliable water service for over 200,000 people. 

“Communities across the west—including in Oxnard, California—are facing sustained water challenges as a result of climate change and the worst megadrought in a millennium. This challenge calls for using multiple tools, including recycling our water to get more use from every drop,” said EPA Assistant Administrator for Water Radhika Fox. “EPA is proud to provide this $48 million loan to help Oxnard expand water reuse. We are working to bring the benefits of water infrastructure investment to communities from coast to coast with $50 billion in through the Bipartisan Infrastructure Law.”

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: HOW TO RECORD IN QUICKBOOKS ONLINE FROM THIRD PARTY COMPANIES

May 10 @ 10:30 am

This live, interactive webinar session is designed to help you understand the features, functions and benefits of QuickBooks Online for small business owners as well as assist you in implementing accounting best practices to manage your business finance. This webinar will concentrate on steps to properly record payroll transactions that are administered by third party companies like ADP and Paychex. Juliana Ramirez from JR Bookkeeping will live answer your questions related to the subject matter including live demonstrations.

Ventura County Community Foundation Awards $192,556 to Ventura College Foundation To Support Ventura College’s Veterinary Technology Program

The Ventura County Community Foundation (VCCF) awarded $192,556 to the Ventura College Foundation to help support the Ventura College’s Veterinary Technology Program. The two-year vet program is a partnership between the Ohana Pet Hospital and the college that began in 2021 and takes place adjacent to Ventura College’s East Campus in Santa Paula.

The VCCF conducted an Animal Welfare Needs Assessment for Ventura County. This assessment showed, among other things, the need for more veterinarian professionals including qualified vet technicians in Ventura County. 

Bilingual report — Get it Done SB! and Mi Regalo Initiatives Launched to Encourage SB Community to plan ahead by completing their Medical Advance Care Planning Forms

Hospice of Santa Barbara (HSB) and Mi Vida, Mi Voz (MVMV) have launched a new advance care planning initiative for both English and Spanish speakers in Santa Barbara County. Advance Care Planning is a way for people of all ages to prepare for their end of life medical wishes. An Advance Directive assists individuals in making decisions about the types of healthcare they wish to receive in the case they become very sick or injured and are not able to speak for themselves. Additionally, it allows them to select a person to make healthcare decisions in the case they are unable to make them themselves. Everyone, 18 years or older should have a completed document regardless of health condition.  

Celebration of World Trade Week at the Port of Hueneme Highlights Importance of Green Tech and Blue Economy

Trade consuls from around the world, high-ranking Department of Commerce officials, local elected officials, business leaders, and maritime industry experts gathered at the Port of Hueneme to present an important program with a special focus on environment, green technology, and the economy as it relates to the marine realm.

The 10th annual World Trade Week event, “Green Tech and Blue Economy,” was held at the Port of Hueneme on May 3, 2022 and welcomed over 100 people from around the globe with an interest and involvement in international trade.

Bilingual report — City of Oxnard Partnership With Amazon Gets Local Residents Hired

With Amazon’s new Oxnard fulfillment center officially open for business, the City of Oxnard highlights how its partnership with Amazon ensured local residents got hired.

In October 2020, when Amazon announced it was building a new fulfillment center that would create more than 1,500 new, full-time jobs with industry-leading pay and benefits, the City began to work with Amazon to notify and prepare Oxnard residents for these much needed jobs. Through this collaboration over the past year, about 60% of Amazon’s new hires at the fulfillment center are from the City of Oxnard.

Village Properties’ David Kim Discusses Residential Housing Trends at UCSB 2022 Economic Summit

David Kim, a local realtor and former president of the Santa Barbara Association of Realtors, offered a “boots on the ground” assessment of the region’s residential real estate market during the 2022 South County Economic Summit on Wednesday, May 4, at the Granada Theater.
Kim, who works for the Santa Barbara area’s largest independent real estate company Village Properties, was one of five guest speakers at the annual summit, organized by the University of California, Santa Barbara’s Economic Forecast Project. The Department of Economics at UCSB established the project in 1981 to provide the community with information on economic, demographic, and regional business trends in the Santa Barbara, Ventura and San Luis Obispo County areas.

Economic Development Collaborative (EDC) — EDC and Uplift Central Coast Developing Inclusive Coalition to Access CERF

The six-county Uplift Central Coast Coalition—led by the Economic Development Collaborative, REACH and Monterey Bay Economic Partnership (MBEP)—is excited to announce its continued partnership to develop an application and secure our region’s share of California’s new $600 million Community Economic Resilience Fund (CERF).

The six county region as defined by the state for the CERF program and funding includes Ventura, Santa Barbara, San Luis Obispo, Monterey, Santa Cruz and San Benito.

The purpose of CERF is to support new plans and strategies to diversify local economies and develop sustainable industries that create high-quality, broadly accessible jobs for all Californians.

Economic Development Collaborative (EDC) Free Webinar Schedule

VENTURA COUNTY SCORE: FRANCHISE OWNERSHIP 101

May 04 @ 10:30 am

Starting a business through a franchise is often the shortest path to profitability, and some of them require as little as $60K to start and can operate out of a home office. But where do you start? Join SCORE to learn franchising basics, including the array of categories, investment levels, and ownership options available, and how to go about defining your vision to make sure you’re selecting the RIGHT fit for YOU! 

Bilingual report — Economic Development Collaborative (EDC) — National Small Business Week

For more than 60 years, the president of the United States has recognized the National Small Business Week (NSBW) as May 1 – 7, 2022. NSBW recognizes the critical contributions of America’s entrepreneurs and small business owners.

Join us in celebrating National Small Business Week and participate in the following events throughout the week! These events are free (provided by the Fresno SBDC Network) and will cover different information that will help you START, GROW and EXPAND your small business.

Para leer este boletín en español, haga clic aquí

Congresswoman Julia Brownley presents $250,000 to CSUCI for a Native American and Indigenous Studies Program

CSU Channel Islands (CSUCI) will begin working to develop a new Native American and Indigenous Studies academic program thanks to a $250,000 check presented to the University by Congresswoman Julia Brownley recently.

The presentation ceremony took place Thursday, April 21 in the President’s Courtyard where about 20 campus and community members gathered to hear remarks from Brownley, President Richard Yao, Ph.D., Provost Mitch Avila, Ph.D., and Chumash elder Raudel Bañuelos, who holds an honorary Doctor of Letters from CSUCI.

Bañuelos began the ceremony with a traditional Chumash blessing, filling the courtyard with the smell of sage as he fanned the fragrant herb with an eagle feather and honored the east, west, north and south, all living beings, and the Chumash ancestors.

Economic Development Collaborative (EDC) — Free Webinar Schedule

U.S. COMMERCIAL SERVICE: FROM LOCAL TO GLOBAL: CELEBRATING DIVERSITY: SHOWCASING THE INTERNATIONAL SUCCESS OF ARAB AND MIDDLE EASTERN-OWNED AND LED BUSINESSES

April 27 @ 11:00 am

In celebration of National Arab American Heritage Month, join the U.S. Commercial Service for the third session of their “From Local to Global: Celebrating Diversity” event series, as we feature a dynamic panel of Arab and Middle Eastern American founders and leaders from Southern California based companies, who will share how they have successfully grown their businesses internationally. Learn about the opportunities to seek out, as well as the challenges to avoid as you launch or expand your international business. Receive information and resources that will help you chart your path to global sales and expansion success.

CLICK HERE TO REGISTER

April News from People’s Self-Help Housing

April may have been a “taxing” month for all of us, but the bright side of that is realizing the investment of those resources can produce good things, that are most important and critical to meeting our communities’ common concerns and needs. Such is the case for the federal Low Income Housing Tax Credit program. It’s a tried and true system that, although not perfect nor simple, has continuously produced high quality permanently affordable housing to lower-income earning households all across the nation, including here on the Central Coast. Originating from the 1986 Reagan Tax Reform Act, it has had substantive bipartisan support since then, through numerous pendulum power swinging election cycles and shifts. Success has in part been attributed to the public-private partnership nature of the program, that provides affordable housing financing. It starts with a tax credit allocation made available to each state each year, based on their population at a per capita rate. For 2022 that rate is set at an allocation of $2.35 per person.  

Housing Trust Fund Ventura County announces $2 million in lines of credit received from Community West Bank and Mission Bank

Housing Trust Fund Ventura County (Housing Trust Fund VC) announces two, $1 million lines of credit (LOC), one each from Community West Bank and Mission Bank. The funds will be used as part of Housing Trust Fund VC’s Everyone Deserves a Home revolving loan fund, a community impact note that provides flexible, below- market interest rate loans for the development of affordable housing in Ventura County. Three upcoming developments that will receive funding are a new pre-development loan for Fillmore Terrace being developed by Peoples’ Self-Help Housing Corporation (PSHHC), a GAP loan for Mesa Ojai being purchased by Mesa, and a construction loan to the Housing Authority of the City of San Buenaventura (HACSB) for Westview II.

Economic Development Collaborative (EDC) — Free Webinar Schedule

SANTA BARBARA SCORE: WHY YOUR WEBSITE SHOULD BE A TOP MARKETING PRIORITY

April 20 @ 10:00 am

It’s important that businesses make their website a priority and the foundation of their digital marketing in order to achieve optimal success. With only having a few seconds to engage website visitors, your visuals and content need to be spot on. Join SCORE to learn the latest website best practices and techniques for making your website a more effective sales tool. 

CLICK HERE TO REGISTER

Register now for SBCC summer sessions

Santa Barbara City College is pleased to announce that registration for summer 2022 is now open to everyone in the community. Whether looking to earn a certificate, an associate degree or transfer to a four-year university — or enroll in the School of Extended Learning for life-enhancement classes, career-skills training, a high school diploma or GED — SBCC is ready to help you achieve your goals.

Two six-week sessions are offered, starting May 16 and June 27.