Category: Finance

Economic Development Collaborative (EDC) free webinar schedule

U.S. COMMERCIAL SERVICE: SHOWCASING THE INTERNATIONAL SUCCESS OF HISPANIC-OWNED AND LED BUSINESSES

Septmeber 28 @ 11:00 am

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

CLICK HERE TO REGISTER

Bilingual report — Economic Development Collaborative (EDC) — Honoring Hispanic Heritage Month

The Economic Development Collaborative would like to recognize National Hispanic Heritage Month. Each year, Americans observe National Hispanic Heritage Month from September 15 to October 15 by celebrating the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America.
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The EDC is proud to support our community by providing professional technical assistance in English and Spanish through our Small Business Development Center. Our NO-COST advising areas include:

Start-up Guidance
Marketing & Branding
International Trade
E-commerce & Social Media
Manufacturing Assistance
Legal Compliance
Strategic Planning
QuickBooks & Accounting
And MORE

Metrolink Offers 30% Off Monthly Passes Through End of 2022

In celebration of its upcoming 30th anniversary on Oct. 26, Metrolink has introduced a 30 percent sale on its Monthly Pass. The 30% discount is open to all Metrolink riders for three months – October, November and December 2022 and is automatically applied at purchase.

Metrolink’s Monthly Pass also features bonus perks for loyal riders. In addition to unlimited rides between selected station pairs and system-wide access on weekends. The Monthly Pass now includes a “Bring a Friend Pass” and extra SoCal Explorer rewards points at no additional cost. For more information about the Metrolink Monthly Pass and associated perks go to https://metrolinktrains.com/monthly-pass-sale.

Cabrillo Economic Development Corporation Announce 2022 Rodney Fernandez Leadership Fund Scholarship Recipients

The Cabrillo Economic Development Corporation (Cabrillo EDC) recently selected their 2022 class of Rodney Fernandez Leadership Fund (RFLF) Scholars. For the 12th-consecutive year, outstanding area high school seniors and college students will be recognized for their academic achievements and pursuits with RFLF Scholarships to support their respective college and trade educations. Seven scholars were selected after displaying a commitment to their community, education and future.

“Cabrillo EDC has a long-standing history of providing community services and growth opportunities for the residents in their communities.” Said Brian Gilpatrick, Regional Manager of Union Bank.
“We are proud to support and be a part of The RFLF Scholarship Program and help support those who exhibit the same commitment and desire to learn, grow and contribute back to the community they live in.”

Housing Trust Fund Ventura County announces $2.5 million predevelopment loan for farmworker apartments in Somis

Housing Trust Fund Ventura County (Housing Trust Fund VC) announces a $2,500,000 predevelopment loan approved for funding to AMCAL Multi-Housing, Inc. (AMCAL) for the Terra Campagna Apartments set to begin construction in November.

The need for affordable housing is felt throughout Ventura County, especially among our most essential workers. The Terra Campagna Apartments will serve the county’s large community of farmworkers and their families with 160 affordable housing units in Somis. This represents the second phase of the Somis Ranch Farmworkers Community development. Phase one consists of 200 units and is currently under construction with an anticipated completion date in the spring of 2024. Both developments will include community centers, social services, outdoor community spaces and play areas for all ages.

CLU awards $180,000 in first Dorfman Incubator Grants

California Lutheran University has awarded its first Dorfman Incubator Grants — a total of $180,000 that will provide hands-on educational opportunities for students while helping four alumni and a professor launch their startups.

Unlike other university-sponsored grants aimed at serving students and faculty, those affiliated with Cal Lutheran’s Steven Dorfman Center for Innovation and Entrepreneurship program are deliberately further reaching. These grants are designed to simultaneously provide educational benefits to students and local resources to the community as they connect early-stage startups to the entrepreneurial program at Cal Lutheran.

Bilingual report — EDC’s Economic 411 Labor Market Report

Labor Market Report for August 2022

The California Labor Market Information Division (LMID) released its August 2022 report on Friday, the overall data showing little change, though an uptick in the Ventura County unemployment rate, from 3.2% in July to 3.5% in August. That increase, however, had less to do with any loss in jobs—in fact, Ventura County had zero change in total industry employment, from July to August—rather its cause was by a change in the total participating in the labor force, specifically by an increase in the total number of officially unemployed workers, up from 13,100 in July to 14,300 in August. We’ll unravel that best we can a bit more in our commentary below. For the official August data, click here.

Santa Barbara City College — The Bridge — September 2022

At their meeting on Sept. 15, the SBCC Board of Trustees passed a resolution to join in with others across the United States to proclaim Sept.15-Oct 15, 2022, as Hispanic Heritage Month. National Hispanic Heritage Month is a time to honor the invaluable ways in which Hispanics contribute to our society. Read the resolution.

Bilingual report — Economic Development Collaborative (EDC) Free Webinar Schedule

EN ESPAÑOL: SBA Y SCORE: REUNIÓN VIRTUAL EN ESPAÑOL CON MENTORES DE SCORE

Septiembre 20 a las 4:00 pm

Acompaña a la SBA para hablar con los mentores de SCORE. SCORE es una organización, de voluntarios que prestan su tiempo, gratuitamente. Ayudan a las personas a crecer o a crear pequeñas empresas.

HAGA CLIC AQUÍ PARA REGISTRARSE

Gerry Pantoja Named Ventura College Foundation’s Director of Philanthropy

Gerry Pantoja has been named Director of Philanthropy at the Ventura College Foundation. He had previously held the position of Director of Major and Planned Giving.

“It is a privilege to work with individuals and organizations who have and continue to seek to improve our community through the power of education,” says Pantoja. “Through their partnerships and ongoing support, our students will go on to earn certificates and degrees or transfer to a four-year university, obtaining the skills and knowledge that will not only better their lives but Ventura as well. In this new role, I look forward to continuing this work with our community partners to expand our ability to make a difference in the lives of the students who will lead and care for Ventura in the coming years.”

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: HOW TO RECORD PAYROLL IN QUICKBOOKS ONLINE

September 13 @ 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.

CLICK HERE TO REGISTER

The Foundation of VCCU gives $47,500 in grants to benefit community

The Foundation of VCCU, a philanthropic nonprofit organization established by Ventura County Credit Union (VCCU), has provided $47,500 in grants to support 10 local nonprofits’ efforts to support the Ventura County community.

The Foundation honored the grant recipients at a virtual celebration on Sept. 8, where representatives from each organization shared their stories. 

The grant awardees include Reel Guppy Outdoors, Fit 4 the Cause, Ventura Family YMCA, Coalition for Family Harmony, For the Need Foundation, National Disaster Search Dog Foundation, Andrea Grace Soter-Simonson Memorial Foundation, Ojai Unified School District Family Fund, Housing Trust Fund Ventura County, and Community Action of Ventura County. 

Economic Development Collaborative (EDC) — Selling Online to Latin America

Learn How Selling to Latin America’s Online Consumers Could Be Your Next Big Growth Opportunity!

Grow Big Initiative (GBI) is back with their MASSIVE Latin America Market Entry through eCommerce Direct Sales workshop. Gain immediate access to the 330mm people online across the region without writing any customs clearance paperwork, setting up bank accounts or creating any in-region marketing, payments or fulfillment infrastructure.

September 22 at 10:00 am PST

TOLD Foundation donates $2.5M to provide Scholarships will aid low-, middle-income students

California Lutheran University has received $2.5 million to provide scholarships to accomplished students from low- and middle-income families.

The donation from the Camarillo-based TOLD Foundation is the largest that Cal Lutheran has ever received for scholarships outside of an estate gift.

The Rod Gilbert Achievement Scholarship is designed to address the fact that a growing number of students with financial need are attending Cal Lutheran. The share of the university’s undergraduate students who are eligible for federal Pell Grants, which are awarded to those with exceptional financial need, increased from 16% to 30% during the last 15 years. In the 2021-2022 academic year, 60% of undergraduates received state or federal need-based financial aid. These trends align with the Hispanic-Serving Institution’s successful efforts to enroll and graduate students from diverse racial, ethnic and socioeconomic backgrounds.

Mitchell D. Rosenberg, CLU®, ChFC®, CFP®, MSFS, AEP® Named to New York Life Chairman’s Cabinet

Mitchell D. Rosenberg, CLU®, ChFC®, CFP®, MSFS, AEP® has been named a member of the 2022 Chairman’s Cabinet of New York Life Insurance Company.  Members of the elite Chairman’s Cabinet are the Top Fifty highest producing agents among New York Life’s elite sales force of more than 12,000 licensed agents. Mr. Rosenberg has been a New York Life agent since 1986, and is associated with New York Life’s San Fernando Valley General Office in Westlake Village.

Cabrillo EDC, Village Senior Apartments Awarded $730K in FHLBank San Francisco Affordable Housing Program (AHP) Grants

The Cabrillo Economic Development Corporation (CEDC) announced today that it has received an Affordable Housing Program (AHP) grant fromFHLBank San Francisco. The $730K grant will help fund Village Senior Apartments in Buellton, CA, and contribute to the development of 50 homes for low-income seniors ages 55 and older, including 13 affordable homes for previously unhoused seniors and 11 for seniors in need of home-based healthcare. The gated community will offer residents a social services delivery area, recreation room, a central courtyard for outdoor activities, and a community garden. 

“CEDC has a bright future ahead of itself. We are leading the way in affordable housing for Ventura and Santa Barbara counties,”said Aiza Galdo, CEDC Board of Directors President. “Quality, safe, affordable housing and the way it transforms lives is what drives us here at Cabrillo to ensure we are constantly working towards providing more housing options in our community. We have two great projects that are currently in the pre-development stages. One of those is Village Senior Apartments located in Buellton’s beautiful wine country, providing senior housing mixed with veteran homeless housing.” 

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: DOUBLE YOUR SALES WITH 5 EASY STEPS

September 7 @ 10:30 am

Are you working too hard to find enough profitable customers and clients for your business? Bring your pen and paper. This hands-on webinar will take you through five specific ways people are doubling and tripling their sales with low-cost and no-cost techniques you can start using almost instantly. Whether you market traditionally or through the Internet, this is one of the most important workshops you will attend this year.

Ventura County Community Development Corp. — We’re hiring!

If you would love to empower our community and help families achieve their financial and homeownership goals apply for our open positions today:

Homeownership Specialists
Homeownership Program Manager
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 more. Enjoy a friendly working environment where you’ll have a positive effect on your community. Click below to learn more!

Economic Development Collaborative (EDC) free webinar schedule

VENTURA COUNTY SCORE: CYBERSECURITY-PROTECTING YOUR SMALL BUSINESS

August 30 @ 10:30 am

Even small businesses are not immune from the cybersecurity epidemic. In fact, 60% of small businesses that are hit by a cyber-attack go out of business within six months. That said, there are many tools that are available to protect your small business, many are available in your current IT environment. During the first half of the webinar David will take you through some cybersecurity basics, conduct a demo of how a hack actually occurs, and then give you some tips that you can take back to your IT expert or IT vendor to make sure you are doing the right things in securing your business. David will then conduct a Q&A session to answer your most pressing questions.

CLICK HERE TO REGISTER

Santa Paula Art Museum — Online Auction Closes Saturday, Aug. 27!

Our Online Fine Art Auction Fundraiser Closes Saturday, August 27, at 4 PM PDT

SPAM’S Twelfth Annual Fine Art Auction Fundraiser ends this weekend! The auction will close one item every minute starting at 4:00 PM PDT on Saturday, August 27.

Not sure where you’ll be when the auction closes? You can place an absentee max bid now! Simply enter the highest value you would wish to bid on an item and click “Place Bid.” Bidsquare will bid incrementally on your behalf according to our preset bid increments until your max bid has been surpassed.

Ventura County Office of Education — What to Expect in the New School Year

By the end of this month, nearly 130,000 students from all corners of Ventura County will have returned to class for the 2022-2023 school year. It’s hard to believe, but this is the fourth school year in a row to be impacted by the COVID-19 pandemic. The good news is that we’ve come a long way from the days of remote learning and mandatory masking. This year, students will again be learning in person, masks will be optional, and most school activities will take place without restrictions.

Bilingual report — EDC’s Economic 411 Labor Market Report for July 2022

The California Labor Market Information Division (LMID) released its July 2022 report on Friday, Ventura County’s unemployment rate remaining unchanged from June to July at 3.2%, a bit off from our low of 2.7% in May, but still at an extraordinary low. The County benefitted from gains in several sectors—Construction, Manufacturing, Professional & Business Services, Private Education & Health Services, Leisure & Hospitality and Other Services—but on net the gains were overshadowed by large declines in Farm, down by 2,800 jobs, and Public Education, down for summer break by 3,500 jobs. For more on the labor force and specific gains and losses in jobs, see below; for the July data, click here.

Economic Development Collaborative (EDC) — Free Webinar Schedule

WORKFORCE DEVELOPMENT BOARD OF VENTURA COUNTY WEBINAR AND CALIFORNIA EMPLOYERS ASSOCIATION: RECRUITING IN A POST-COVID WORLD

August 23 @ 10:00 am

Are you having a difficult time finding qualified people to hire back to work now that many COVID restrictions are easing up? This training shows how the pandemic has changed recruiting and gives you tips on how to market, interview and follow-up to get the best candidates to fill your job requirements.

Pack that PODS® Container with Backpacks for Big Brothers Big Sisters Ventura County

PODS Moving & Storage Ventura County, has partnered with Cumulus Media & Big Brothers Big Sisters (BBBS) to gather over 200 backpacks and extra Tools for Schools for children in Ventura County who need them most. BBBS are asking Ventura County community members to donate as many new backpacks as possible to exceed the 2022 goal. 

“August 2022 will be an exciting time for our local children who are heading back to the classroom, but it can be a daunting time for parents when extra school supplies costs are on the rise,” said Steve Yapp, PODS Tri Counties owner.  “We are always looking for ways that PODS Moving & Storage can make a difference in our community and there is no better way to support our youth than with their education.”  

Donations of new backpacks can be made at any time before August 27th to Big Brothers Big Sisters of Ventura County, 555 Airport Way, Suite D., Camarillo, CA 93012. Alternatively,you can visit https://www.khay.com/backpacks-for-big-brothers-big-sisters-2/ to donate. 

Local Kids Get Jump Start on Back-to-School Resources

The Housing Authority of the City of Santa Barbara (HACSB) in partnership with 2nd Story Associates hosted Tools for Schools Saturday, August 13, 2022 from 8:30 a.m. to 12:00 p.m. at Presidio Springs (721 Laguna Street, Santa Barbara 93101).

Now in its tenth year, the “Tools for School” event provided school supplies and backpacks for low-income children and families in the Santa Barbara area. During this event, HACSB youth and families received a FREE backpack, school supplies, and learned about valuable resources and services for them and their families. 

Ginger Salazar & Katina Zaninovich are Santa Barbara Foundation’s 79th Persons of the Year!

Ginger Salazar and Katina Zaninovich have been selected as the 79th Persons of the Year for the Santa Barbara area. The two will be honored for their volunteer contributions and service to the community at an in-person luncheon on Wednesday, September 21, 2022, at the Hilton Santa Barbara Beachfront Resort Rotunda. Tickets go on sale Monday, August 15.

Bilingual report — Covered California Hails the Signing of the Inflation Reduction Act, Which Will Continue to Provide Lower Costs and Expanded Access to Quality Health Insurance for Californians

The Inflation Reduction Act extends the increased financial help initially provided by the American Rescue Plan through the end of 2025. The increased subsidies expanded health care coverage, leading to record enrollment in California and across the nation, and lowered…

Economic Development Collaborative (EDC) August Partner Webinar Schedule

Having trouble viewing this email? Click here EDC AUGUST PARTNER WEBINAR SCHEDULE The Economic Development Collaborative encourages you to sign up for our partner’s no-costwebinars. Space is limited. Register today! IN-PERSON EVENT: SANTA BARBARA COUNTY SCORE: BOOKKEEPING BASICS: TIPS AND…

Bilingual report — Economic Development Collaborative (EDC) — Are You Prepared for the Next Big Disaster?

Economic Development Collaborative is partnering with the California Business, Consumer Services and Housing Agency, the California Academy for Economic Development and Edison International to promote the statewide Outsmart Disaster campaign, which equips businesses with the tools and resources they need to be prepared for disaster. Here’s two ways you can take immediate action for your business:

Take the Resilient Business Challenge – a self-guided, five-step process to help your business become more resilient. CLICK HERE
Watch a recording of a Disaster Resiliency Clinic and receive a walkthrough of the basics of preparedness and the campaign’s Resilient Business Challenge. CLICK HERE

Bilingual report — County of Ventura Celebrates National Child Support Awareness Month

August is recognized nationwide as Child Support Awareness Month. August serves as a time to recognize and celebrate the vital role the child support program plays in promoting the safety and well-being of children. Statewide, California provides support services to one million children—helping families thrive and setting children up to succeed.

The Ventura County Department of Child Support Services (VCDCSS) recognizes that children are our community’s legacy and future. VCDCSS promotes children’s health and well-being by encouraging responsible parenting, understanding parental support, and involvement in children’s lives, which helps drive positive child development outcomes.

Economic Development Collaborative (EDC) — Free Webinar Schedule

IN-PERSON EVENT: SANTA BARBARA COUNTY SCORE: BOOKKEEPING BASICS: TIPS AND TOOLS FOR STARTUPS AND SMALL BUSINESSES

August 18 @ 10:00 am

As a small business, it’s important to get your head around company finances in order to maximize profits and margins. This can only be accomplished when your bookkeeping is in order. During this interactive session, Accounting Expert, Juliana Ramirez, will walk you through small business bookkeeping and small company accounting tips and tools to help you ensure your bookkeeping is in order and move your business forward as you start, maintain, and grow. Address: Workzones Santa Barbara, 351 Paseo Nuevo, Fl 2, Santa Barbara, CA, 93101.

Housing for a Healthy California Program (HHC) Awards $11.6M to Non-Profit Sponsor Cabrillo Economic Development Corp.

The Cabrillo Economic Development Corporation (CEDC) is excited to announce it was competitively selected to receive funding from the HCD Housing for a Healthy California Program for two affordable housing developments located in Ventura and Santa Barbara Counties.  

In the ongoing effort to address California’s housing affordability and homelessness challenges, the California Department of Housing and Community Development (HCD) has awarded two CEDC developments with funding from the Housing for a Healthy California Program (HHC) to preserve and build new affordable homes.  

The Cabrillo Economic Development Corporation (CEDC) is the largest developer of affordable homes in Ventura County and is best known for providing comprehensive, well-designed affordable housing services and community economic development activities in Ventura and Santa Barbara Counties. 

Bilingual report — COVID-19 & County Update for Aug. 2, 2022

Since Tuesday, July 26, there have been 1,751 new COVID-19 cases reported and 17,959 new tests completed. There are 73 people hospitalized and 10 in the ICU. There have been 6 new deaths of a 62 year old male, 62 year old male, 74 year old male, an 80 year old female, 90 year old female, and a 95 year old female. We extend our sincere condolences to the family and loved ones of the community members who have passed.

The R-effective for Ventura County is 0.94, which means that the spread of COVID is likely stable. The R-effective for California is 0.98.

73.8% of the total county population has been fully vaccinated (completed initial COVID vaccine series).

Bilingual report — Economic Development Collaborative (EDC) — Employee Retention Tax Credit

Having trouble viewing this email? Click here Para leer este boletín en español, haga clic aquí EMPLOYEE RETENTION TAX CREDIT The Employee Retention Tax Credit (ERTC) is a refundable credit that businesses can claim on qualified wages, including certain health…

Bilingual report — Economic Development Collaborative (EDC) — Loan Opportunity for Businesses

As the region’s largest economic development public-private partnership, the Economic Development Collaborative works with more than 30 professional advisors on contract and a full time loan fund director, available to local businesses at no cost all designed to pair you with the financial expertise and right amount of capital you need to move your business forward.

Having trouble viewing this email? Click here

Para leer este boletín en español, haga clic aquí

Bilingual report — People’s Self Help Housing — Applications Available on Aug. 1 for Broad Street Place – El próximo lunes: Solicitudes disponibles para Broad Street Place

Broad Street Place is a new affordable housing community coming to the City of San Luis Obispo, which will serve low-income households.

With completion anticipated in early 2023, this property will include three commercial spaces for local businesses and 40 residential apartments with studio, one, two and three-bedroom floorplans offered. A number of units will provide ADA-certified accessibility for those with mobility, hearing, and vision limitations and 10 units will provide housing for unhoused veterans. Amenities include a community room, shared kitchen, barbeque space, outdoor patios, playground, covered bike parking, electric vehicle charging stations, and laundry facilities.

PSHH will provide compassionate onsite property management and free supportive housing services to all who call Broad Street Place home.

Guest contribution — Village Properties celebrates a major milestone

As it enters its 26th year of business, Village Properties is celebrating an astounding milestone: $20 billion in gross sales volume.

The figure alone is enough to bring pride to the 185 agents who are currently contributing to the Santa Barbara County-based firm achieving that goal. But company leaders say an even more meaningful number is 12,900, which reflects how many transactions they’ve closed. Put another way, it’s how many times they have paired people with the perfect place or represented sellers in maximizing the value of their property.

Economic Development Collaborative (EDC) — Free Webinar Schedule

BUSINESS RESOURCES FOR VETERANS FROM THE SBA

August 2 @ 12:00 pm

Did you know that the U.S. Small Business Administration (SBA) has resources and programs for Veterans and the military community? If you are a transitioning or active-duty service member, National Guard or Reserve member, veteran of any era or military spouse, the SBA is here to help. Through training programs, contracting opportunities and access to capital, the SBA is here to help your business start, grow, expand or recover. You can access the SBA’s Veteran resources through the Southern California Veteran’s Business Outreach Center!