Category: Finance

Economic Development Collaborative (EDC) — New Masking Requirements for Businesses

UPDATED: California Department of Public Health:
As of January 5, 2022, the California Department of Public Health (CDPH) updated their Guidance for the Use of Face Coverings, continuing the requirement for universal masking indoors, irrespective of vaccine status, statewide from December 15, 2021, through February 15, 2022.

Ventura College Foundation Provided $696,095 In Direct Student Support During 2020-2021 Academic Year

Despite pandemic challenges, the Ventura College Foundation, a nonprofit organization that provides resources and financial assistance to Ventura College students and school programs, distributed $696,095 in direct student financial support during the 2020-2021 academic year and another $871,749 to 28 Ventura College programs across 17 department and divisions.

“This past academic year was like no other for students and their families, college leadership, faculty and staff, donors and the foundation,” says Anne Paul King, Ventura College Foundation executive director. “Despite everything, the foundation was able to build its financial reserves while distributing over $1.5 million in student and school program aid.”

The Ventura County Community Development Corp. (VCCDC) — We’re hiring!

Start the new year with a new career! If you would love to empower our community and help families achieve their financial and homeownership goals apply for the Homeownership Specialist position today! VCCDC offers a comprehensive benefits package including a generous paid time off plan, paid holidays, various health insurance plans including a plan offering 100% premium coverage for the employee and a 403b retirement plan.

Economic Development Collaborative (EDC) Free Webinar Schedule

The Economic Development Collaborative encourages you to sign up for our partner’s no-cost webinars. Space is limited. Register today!

SCORE SANTA BARBARA COUNTY: AMAZON 101 – ASSESSMENT, IMPLEMENTATION AND STORE MANAGEMENT

January 4 @ 5:00 pm

In this workshop John Richardson will discuss the basics as it relates to if and how to setup your own Amazon Store.

CLICK HERE TO REGISTER

Bilingual report — County of Ventura transitions to in person services by appointment to help prevent the spread of COVID-19, online services encouraged, all essential services to continue 

The County of Ventura will close its buildings to the public effective Wednesday, January 5, for a three-week period, as a precautionary measure to slow the spread of COVID-19. Services will continue to be available online at www.ventura.org and by appointment at 805-654-5000. The health conditions will be monitored, and a reopening date will be announced after the three-week period.  

“Our County is committed to the continuity of all services while helping to protect community members and County employees. Services will continue as we temporarily modify operations. Community members are encouraged to take advantage of on-line services or schedule an appointment in advance,” said County Executive Officer Mike Powers. “I appreciate the dedicated service of our nearly 10,000 County employees as they continue to respond to the pandemic and carry-on essential services without delay. I also appreciate our community members as we work together to move forward.” 

Santa Barbara Latino Philanthropic Leaders Raise Over $15K to Support Board Leadership Development and Invite New Members to join the 2022 Giving Cycle

The Santa Barbara Latino Giving Circle (SBLGC) announced that it will invest over $15,500 in three nonprofits in the greater Santa Barbara region. The SBLGC is part of the Latino Community Foundation’s (LCF) Latino Giving Circle Network™, a philanthropic group harnessing the collective power of paying it forward and civic engagement.

The three organizations selected for funding fall into the group’s priorities of board leadership development and mental health: 

Central Coast Alliance United for a Sustainable Economy (Santa Barbara) – CAUSE is a base-building organization for social, economic and environmental justice with Central Coast working class and immigrant communities.

Future Leaders of America (Santa Maria) – develops youth resiliency and leadership to create long-lasting systemic change by empowering and mobilizing youth leaders to advocate for policies that improve their lives and the lives of their peers and their communities.

Leading from Within (Santa Barbara) – Leading From Within invests in leaders who drive and create change.

End-of-year message from Ventura County Animal Services

What a year this has been for all of us! Despite the many challenges that 2021 brought, we are happy to report that our agency remained committed to our life-saving mission, having reunited thousands of lost animals with their families, and found new, loving homes for thousands more. Innovative programs we have created over the years continue to grow and evolve as the needs of our community change. But none of our many accomplishments would have been possible without the passionate dedication of our staff and volunteers who give their heart and soul to each and every animal, every day.

Ventura County Community Development Corporation Receives $50,000 Bank of America Grant Award

The Ventura County Community Development Corporation (VCCDC) received a $50,000 grant from Bank of America to help continue the organization’s mission to increase homeownership and economic stability to low- and moderate-income families and individuals in Ventura, Santa Barbara, Kern, and Los Angeles Counties. This is the largest support received to-date by Bank of America Charitable Foundation, which underscores VCCDC service and outreach to an underserved market.

Sept. 28 — Economic Development Collaborative (EDC) — Showcasing the International Success of Latino-Owned and Led Businesses

September 2022 Edition: Showcasing the International Success of Hispanic-Owned and Led Businesses

Join U.S. Commercial Service for the eighth session of their “From Local to Global: Celebrating Diversity” event series, as they feature a dynamic panel of Latino 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.

Wednesday, September 28, 2022 @ 11:00 am

Location: Virtual (WEBEX)

Museum of Ventura County — Last chance as we move into 2022…

Dear Friend of the Museum,

If you have already made a contribution to the Museum of Ventura County –

THANK YOU VERY MUCH for your support!

If you haven’t, please consider that a gift can help us serve this community with:

Virtual and in-person school tours
Free events
Virtual and in-person discussions and interviews
Historical articles, lectures and videos
Exhibits
Support programs
Free admission to both sites
and much much more!

Museum of Contemporary Art Santa Barbara — ’tis the season of giving!

You’re the reason we are looking so merry and bright!

Thank you all for supporting contemporary art and the artists whose passion compels them to create. It is you who challenges our team to bring our best selves in service to our visitors and our community.  

We were inspired by so many enthusiastic visitors and supportive collaborators this year. Looking back brings as much wonder as it does gratification. Just take a look at our very first Earth Day Mural – it still takes our breath away!

The team at Museum of Contemporary Art Santa Barbara (MCASB) is working on some truly fantastic exhibitions, events, travel, and educational programs for 2022. MCASB prioritizes accessibility for all, and maintains a steadfast commitment to free admission. 

Please consider a year-end donation, which allows us to continue to bring you awe-inspiring, thought-provoking, and beautiful encounters with the art of our time. Our work is only possible because of your support.

Economic Development Collaborative (EDC) — Sales and Use Tax Exclusion Program for Manufacturers

Sales and Use Tax Exclusion (STE) Program, from the California Alternative Energy and Advanced Transportation Financing Authority, excludes from sales and use taxes purchases of Qualified Property:
if its use is either to process Recycled feedstock or using Recycled feedstock in the production of another product or soil amendment, or
that is used in an Advanced Manufacturing process, or
that is used to manufacture Alternative Source products or Advanced Transportation Technologies.

Eligible manufacturers planning to construct a new manufacturing facility or expand or upgrade a currently existing manufacturing facility may apply to CAEATFA for an STE award, and if approved, the purchases of Qualified Property for the project are not subject to state and local sales and use tax.

SBCC uses federal stimulus funds to erase student debt and offer direct support

Since last August, approximately 1,800 Santa Barbara City College students have received a form of debt relief, and an opportunity to pursue and complete their educational goals, thanks to SBCC’s Fresh Start Initiative and the federal Higher Education Emergency Relief Fund (HEERF). 

HEERF funds were allocated to institutions to support students with immediate needs related to the COVID-19 pandemic. One way that SBCC met those needs was by creating the Fresh Start Initiative, allocating $1 million to go directly to students with outstanding balances. Through the initiative, students enrolled in Spring 2020 through Spring 2021 terms impacted by the COVID-19 pandemic were provided with funds to pay off their entire outstanding balance. In addition, students who left SBCC prior to the pandemic who are attempting to re-enroll – and find themselves challenged by COVID-19 related circumstances and restricted from registration due to a pre-pandemic balance – were also provided with Fresh Start monies.

VCCDC Community Matters Newsletter – Dec. 2021 — Empowering Sylvia to Keep Her Very Special Home

80-year-old Sylvia Johnson has lived in her Paso Robles home for 27 years after building it from the ground up alongside her husband after her two children had flown the nest. Tragically, Sylvia’s husband passed away unexpectedly at the age of 55 before the house was finished, leaving Sylvia to continue the build alone. “I was in there every day it was being built,” remembers Sylvia, “and because of losing my husband during that time my home is more special to me than anything.”

When it came to refinancing her home in September of this year, Sylvia felt a little nervous about the process and dreaded reading all the paperwork. When she spoke on the phone with Gaby, VCCDC’s Homeownership Specialist, her fears melted away.

EDC’s Economic 411 Labor Market Report for November 2021

The California Labor Market Information Division (LMID) released its November 2021 report on Friday the 17th, revealing a strong three-month trend of improvements in Ventura County’s unemployment rate, now at 4.4%, down from 5.0% in October. Also showing some positive movement, employment gains were a bit more widely distributed than in prior months, though up in only six of the twelve major subsectors.

What’s a bit more disappointing, however, is the lackluster showing in holiday Retail hiring. While Retail gained 900 jobs in November, we’re actually showing 300 fewer Retail jobs this November than last and we’re off by 3,600 jobs since November 2019. None of this is surprising given the movement to on-line purchasing, but it’s worth reminding that the loss of these temporary holiday jobs has taken a ton of work experience opportunities away from young workers and has reduced opportunity for a boost in family incomes during the holidays. For more commentary on the data, see below; for the monthly detail, the LMID release is here.

People’s Self-Help Housing — Got 5 mins? Build a Home for the Holidays!

Each year, our tradition has been to brighten the season with a heartfelt craft for you and your loved ones to make together.

This year’s card represents some of the 5,000+ people who call People’s Self-Help Housing home.

Please enjoy, and thank you for all your support!

Bilingual report — $70 Property Tax Break Available for Qualified Homeowners

More than 52,000 Ventura County homeowners may have an extra $70 in their pocket this year, just by filling out a simple form. This week, the Ventura County Assessor mailed Homeowners’ Exemption Claim Forms to over 52,000 homeowners that likely qualify for this property tax break.

The Assessor typically mails a Homeowners’ Exemption Claim to new owners. However, in the busy paperwork shuffle of buying a new home, many property owners miss out on this valuable opportunity. In an effort to maximize property tax savings, the Assessor periodically reaches out to potentially eligible homeowners.

Economic Development Collaborative (EDC) Business Alert — Ways to Market Your Business During the Holidays

The Holiday Season is here! The Economic Development Collaborative (EDC) would like to share some ways small businesses can boost their sales during the holidays and ways you can support local businesses this year.

3 Top Ways to Help Boost Your Small Business Holiday Sales

Economic Development Collaborative (EDC) — New Masking Requirements for Businesses

Centers for Disease Control and Prevention:
On July 27, 2021, the Center for Disease Control and Prevention (CDC) issued new masking guidance for fully vaccinated individuals in substantial or high transmission areas. This information can be tracked HERE.

NEW California Department of Public Health:
On December 13, 2021, the California Department of Public Health (CDPH) updated their Guidance for the Use of Face Coverings, requiring universal masking indoors, irrespective of vaccine status, statewide from December 15, 2021 to January 15, 2021.

United Way of Ventura County — United in compassion

Earlier this month, I celebrated my seventh anniversary with United Way of Ventura County.

Since I started in 2014, our organization has navigated many changes. We moved to a new office in Ventura, took on multiple disaster response and recovery efforts, developed a program to house the homeless in our community, and now we’re helping our neighbors through the pandemic.

Through it all, we’ve remained remarkably resilient. But the source of our resilience is people like you, who care so deeply about your fellow community members. Your generosity and caring inspire us throughout the year.

It’s truly an honor to lead this incredible team, to serve those in need, and to help improve the conditions for all in community. We strive to lead with compassion and unity, rather than division. It’s the United Way.

Economic Development Collaborative (EDC) Business Alert — California Competes Tax Credit and Grant Program

The California Competes Tax Credit (CCTC) and Grant Program (CCGP) are available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on twelve different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region.

Application Period Timeline: For the remainder of the fiscal year 2021-2022, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

January 3, 2022 – January 24, 2022
March 7, 2022 – March 28, 2022

Newest members bring financial and economic development expertise to the CSUCI Foundation Board

The CSU Channel Islands (CSUCI) Foundation Board is welcoming two new members with a wealth of experience in banking and community investment opportunities.

The two new members are New Capital LLC Chief Executive Officer Beatriz Olvera Stotzer of Los Angeles and Montecito Bank & Trust Senior Vice President and Director of Community Banking Cari Shore of Ojai.

Interim President Richard Yao, Ph.D., said he is excited to welcome two such accomplished leaders in the community and looks forward to working with them both.

“We are fortunate to have these two innovative and entrepreneurial women join our board,” Yao said. “They not only bring incredible talent, experience and thought leadership to the Foundation, but also are deeply connected in our region and are committed to our mission as a University and to the work of the Foundation Board.”

Local PODS® Announces Its Tenth Year of Support for Food Share CAN-tree Food Drive to Help Local Community

 Local PODS Moving and Storage will once again support Food Share Ventura County’s CAN-tree event December 9-12 at Figueroa Plaza – Downtown Ventura. This year marks a special 10-year anniversary celebration.  

“We’re proud to partner with Food Share for this annual event to help stock the food bank shelves with the extra canned food donations needed to help families through the holidays,” said Steve Yapp, owner of local PODS Moving and Storage. “Food Share helps thousands of food insecure families every holiday season, and we consider it an honor to be able to support their cause.”  

PODS local have been supporting Food Share CAN-tree event programs since its origination in 2011. Each year, the community gathers to build a “forest” of can trees built from donated food that will soon be distributed to families for the holidays.  

Martin V. and Martha K. Smith Foundation becomes CSUCI’s single largest donor

Following more than 20 years of strong philanthropic partnership, the Martin V. and Martha K. Smith Foundation has generously donated $10.5 million to the Martin V. Smith School of Business & Economics (MVS) at CSU Channel Islands (CSUCI). Ventura County philanthropist and real estate developer Martin V. “Bud” Smith and his wife Martha created the Foundation to support community organizations.  

The transformational gift brings the total contributed to CSUCI to more than $19 million since the family’s first donation in 1999, making them the University’s largest donor.  

Just over $3.5 million will be used to complete the renovation of the MVS School’s new home, located in the campus’ former Manzanita Hall, and the refurbishment of an adjacent courtyard. The new space will be named “Martin V. Smith Hall” in honor of Bud Smith, and the courtyard will be named the “Martha K. Smith Courtyard” after Smith’s wife. The remaining $7 million will be used to create a new endowment for the MVS School to enhance the quality of the educational programming and experience for its students and faculty. 

POOLCORP Donates $70,000 To Southeast Ventura County YMCA’s Water Safety Program

The Southeast Ventura County YMCA received a $70,000 grant from POOLCORP to help fund the Y’s Safety Around Water (SAW) program and current and future lifeguard training.

POOLCORP made the donation at the Yarrow Family YMCA in Westlake Village on November 22.

Economic Development Collaborative (EDC) — COVID-19 Economic Injury Disaster Loan Program

In response to COVID-19, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). The loan is directly from the United States Small Business Administration (SBA) that must be repaid; low-interest, fixed-rate, long-term loan to help overcome the effects of the pandemic by providing working capital to meet operating expenses. Click here to learn more.

Economic Development Collaborative (EDC) — California Venues Grant Program

The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

Housing Trust Fund Ventura County announces $1 million investment by Bank of the Sierra

Housing Trust Fund Ventura County (Housing Trust Fund VC) announced today a $1 million investment by Bank of the Sierra into the nonprofit’s Everyone Deserves a Home Revolving Loan Fund. This community impact note will be pooled with funds from investors, both public and private, to provide flexible, below-market interest rate loans in support of building safe and equitable homes in diverse neighborhoods, that positively impact people’s lives in Ventura County. Additionally, investors earn a modest financial return on their investment.

Economic Development Collaborative (EDC) — Business Alert- California Venues Grant Program

The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

Friendship Center — Giving Tuesday! — Make a POSITIVE difference in the Quality of Life for a Senior with dementia

As a nonprofit, Friendship Center depends on the generosity of our friends and our community to continue the tradition of being a place where our members come to be surrounded by their peers, who share common threads in their life stories, and warm, loving staff who take an interest in each unique person, and finding what sparks JOY for them.

Please join us in this effort as we embrace the greater demands of providing safe, loving care to our community of members in the wake of the pandemic. Your financial gift goes a long way in making a difference for elders in our community experiencing dementia and other cognitive and physical challenges, and we thank you for contributing to their quality of life in this meaningful way.

United Way of Ventura County — Give today for a tomorrow where everyone can thrive!

We’re building a better tomorrow for everyone. Start today United with a gift for health, for education, for strong incomes, for safe homes. Today, on GivingTuesday, will you join us?

Your donation today matters. Everyone should have the chance to rebuild the parts of their life lost because of COVID-19 and other crises. Let’s act together today on GivingTuesday and every day! Be heroic!

Economic Development Collaborative (EDC) — Free Webinar Schedule

December 1 @ 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

Teddy Bear Cancer Foundation Serves Record Number of Families for ‘Project Turkey’

Every year, Teddy Bear Cancer Foundation (TBCF) kicks off the their Season of Hope campaign by requesting various in-kind donations for Project Turkey, Project Christmas and Holiday Drive-Thru parties to spread cheer and needed resources to local families battling pediatric cancer.

“We seek to provide extra support to our families during the holiday season as they are under extreme stress. From trying to keep up with their child’s doctor and chemotherapy appointments, medical and household bills, to having enough gas to get to and from their appointments, they are often exhausted and planning celebrations for the holidays as well as the expenses included in holiday shopping can be extremely overwhelming. TBCF, along with our generous volunteers and donors, works together to deliver a holiday season many of our families would otherwise not have this year,” says Tessa Boyce, Community Outreach Manager and cancer survivor.

Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

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

December 1 @ 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.

Upward – CLU School of Management Community Newsletter

California Lutheran University’s School of Management continues to provide a stimulating environment for our learners and the community around us, even in these unusual times. Today, we are once again happy to share a selection of exciting news, updates, and upcoming events to our communities in Southern California and beyond.

If you want to stay current on what is going on at the School of Management, please follow our Showcase page on LinkedIn.

Economic Development Collaborative (EDC) — California Venues Grant Program

The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

Triunfo Water & Sanitation District Offering $15 Reduction On Monthly Water Bills

ligible Triunfo Water & Sanitation District potable water customers can receive a $15 reduction on their monthly water bill.

To qualify, water customers must submit one of three documents: a copy of their Southern California Edison or Southern California Gas bill showing enrollment in the California Alternate Rates For Energy (CARE) program, a copy of the first page of their federal tax return or Form SSA 1099 if only receiving Social Security income. The document must show that the customer meets income threshold levels (i.e., $34,480 maximum for a household of one or two people).

Anonymous donor willing to provide up to $50,000 match funding to support local homeless families through The City Center

The City Center announced today that they have received a $50,000 matching donation from an anonymous donor. This gift will match donations made to The City Center?now through?December?25th,?2021.? The City Center is asking Ventura County to support their work in helping local homeless families become self-sufficient.? “Many people complain about the problem with homelessness in our county, but now is the time to be proactive, to realize YOU can make a difference,” said Cheryl?Heitmann, former mayor of Ventura City, “Now is a particularly good time to support The City Center, as every $1 raised will be matched, up to $50,000, and don’t forget there are also tax benefits for donations before year-end.? Our community needs to push together to help?our?most vulnerable population.? No child should be homeless. Ever.”?  

CSUCI part of a grant to increase social science research opportunities for minority-serving institutions

CSU Channel Islands (CSUCI) social scientists will soon take part in a multi-campus grant writing program aimed at increasing social science research opportunities for Hispanic-Serving Institutions (HSI)s. 

The program is funded by a new National Science Foundation (NSF) “Build and Broaden 2.0” grant, which was awarded to researchers from three campuses working together: CSUCI, University of California, Santa Barbara (UCSB) and University of California, Irvine (UCI). The grant totals $796,858 with $260,740 awarded directly to CSUCI.   

The grant will expand access to external funding opportunities in social sciences for the CSU and UC campuses, with a focus on HSIs.