Category: Finance

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

Application Window Opens Wednesday, October 29!

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.

October News from People’s Self-Help Housing

Fall is here, and the change in season is evident all around. Leaves are falling, cooler breezes are swirling, daylight is shortening, all signs that change is in the air. Our address has changed too, with the opening of our new corporate office in San Luis Obispo. Keep that contact page for us open though, soon we’ll have another change of address, our new corporate office in Ventura County! Other changes this month see the start of construction of new apartments in Pismo Beach, and first-time home owners completing construction on their self-help houses in King City.

Ventura College Student Angela Duran Obtains Statewide STEM Scholarship

Ventura College computer science major Angela Duran is one of 11 students statewide to receive a $1,000 scholarship from the Chief Information Systems Officers Association (CISOA), a nonprofit organization supporting technology leadership in the California Community College System. Duran was one of the more than 150 applicants from 31 community college districts who applied for the 2021 CISOA Student Scholarship.

Duran has been supported in her educational goals through the college’s Mathematics, Engineering and Science Achievement (MESA) program, whose mission is to help underserved and underrepresented students be successful in STEM studies and careers.

Bilingual report — Board of Supervisors Approves $12.7 Million to Fund All Eligible Businesses in Fourth Business Assistance Grant Program

The Board of Supervisors has approved $12.7 million in additional funding for the County’s Business Assistance Grant program, totaling $70 million in financial assistance. Following an overwhelming response of 1,455 applications in the fourth round of the program, the additional funds will allow nearly 1,100 eligible businesses and nonprofits to receive grants. The Board also authorized $3.7 million in unused program funds from the third round of grants to supplement funding to all eligible businesses and organizations in the fourth round. At the completion of the fourth round, over 7,000 businesses will have received $10,000 in grant funding.  

Is Ventura County Ready for the WALKtober 5,000 Challenge?

Oct. 11th, 2021 –This October, the Ventura County community is invited to join the WALKtober 5,000 Challenge. The City Center, Local PODS® Moving & Storage, KVTA, and KCOP are challenging the Ventura County community to join them in a daily 5k run or walk to raise funds for Ventura County homeless children and families. Participants are encouraged to get family or friends to sponsor them and donate via www.gofundme.com/thecitycenter.

 “This is a fantastic opportunity to set some fitness goals while also helping local homeless children,” said Tom Spence of NewsTalk 1590. “No child should be homeless. Ever.”

Economic Development Collaborative (EDC) — Grant Available for Businesses in Conejo Valley!

The Conejo Valley Small Business Relief Fund has been established by the Greater Conejo Valley Chamber of Commerce’s Foundation in partnership with the cities of Thousand Oaks, Westlake Village and Agoura Hills. The fund has provided much needed grants to local small businesses as they navigate the financial impacts of COVID-19. The maximum grant is currently $2,500!

San Luis Obispo presents 2021 Annual Report of the Assessor’s Office

San Luis Obispo County presents 2021 Annual Report of the Assessor’s Office which provides the latest information regarding the value of property assessed for property tax purposes.

“I want to especially thank the great staff of the San Luis Obispo County Assessor’s Office. With diligence and professionalism the outstanding employees of our office have fairly and equitably assessed the value of all taxable property within the county,” said Tom J. Bordonaro, Jr., County Assessor.

Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

HOW TO DO SOCIAL MEDIA FOR SALES

October 15 @ 12:00 pm

Deborah Deras has spoken to many business owners who say that they hate Social Media because they don’t like using Social Media for personal use or for fun and don’t know the strategy behind Social Media for Sales. Deborah also wrote an eBook “5 Steps to Go From Likes to Sales” and since expanded it to a 7 step system that will help you shift from hating Social Media to Loving it! During this FREE interactive webinar you will discover how to clarify your message so your target market responds to you with a purchase, the SECRET to Social Media success that will cost you zero dollars and much more.

Economic Development Collaborative (EDC) — Commercial Eviction Moratoriums Expiring Sept. 30

On September 30, 2021, the current commercial eviction moratoriums protections in Ventura and Los Angeles Counties will expire. The EDC understands the significant impact COVID-19 has had on our business community. If your business has experienced economic injury due COVID-19, you do not have walk alone.

EDC Recommendations for Landlords & Tenants
NOTE: Both tenants and landlords need to be in communication with one another regarding the tenant’s ability to pay rent. The County of Santa Barbara does not have any commercial tenant protections in place at this time. The information below is still applicable. 

Economic Development Collaborative (EDC) — CA Small Business COVID-19 Relief Grant Program closes Sept. 30 at 5 p.m.

Rounds 8 and 9 of the California Small Business COVID-19 Relief Grant Program will be closing September 30th! At this time, there are no other additional rounds planned, so do not miss your last opportunity to submit a completed application.

Economic Development Collaborative (EDC) — Deadline for early bird registration for Nov. 9-10 California Economic Summit is Sept. 30

Early Bird Registration for the 2021 Summit Closes Soon! Join the summit in person on November 9-10 or virtually on November 10, and be a part of the growing network of public, private and civic sector leaders who are committed to building regions and communities that work for everyone.

Early Bird Pricing- Ends on September 30
Full In-Person Summit Ticket ($400 – Both Days Included)
Virtual Summit Experience ($200 – November 10 Plenaries and Networking)

Economic Development Collaborative (EDC) — Free Webinar Schedule

October 15 @ 12:00 pm

Deborah Deras has spoken to many business owners who say that they hate Social Media because they don’t like using Social Media for personal use or for fun and don’t know the strategy behind Social Media for Sales. Deborah also wrote an eBook “5 Steps to Go From Likes to Sales” and since expanded it to a 7 step system that will help you shift from hating Social Media to Loving it! During this FREE interactive webinar you will discover how to clarify your message so your target market responds to you with a purchase, the SECRET to Social Media success that will cost you zero dollars and much more.

Economic Development Collaborative (EDC) — Happy 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.

Economic Development Collaborative (EDC) — Free Weekly Webinars

September 21 @ 10:30 am

Online sales have been growing by triple-digits since social distancing went into effect. It’s far from just toilet paper: Everything from high-end coffee makers, fitness equipment and pajama pants are seeing a surge in demand. The topics to be covered include: How critical is it to have multiple e-commerce channels and why is Amazon one of the keys; Assessment – Can your product compete and can you make a profit?; Implementation – What are the basic steps to setup an Amazon Store?; and Management – What goes into keeping the Store competitive?

Rotary Club of Montecito opens applications for 2021 Community Grants Program

The Rotary Club of Montecito has opened applications for its 2021 community grants program, which awards grants to non-profit organizations located in Santa Barbara County.

Grants range from $1,000 to $1,600 and can be used to fund future projects that help the Santa Barbara County area. The one-page, online application is available at montecitorotary.org. The deadline to apply is Friday, October 8. 

UPDATE: EDC Business Alert- CA Small Business COVID-19 Relief Grant Program for Nonprofit Cultural Institutions Only deadline extended to Sept. 30

Round 8- Nonprofit Cultural Institutions Only
Application Window is still OPEN until Thursday, September 30th!

Round 8 supports California eligible nonprofit cultural institutions of any revenue size that meet eligibility criteria found at CAReliefGrant.com. Eligible nonprofit cultural institutions must complete a new application even if they already applied in Rounds 1, 2, 5 or 6; nonprofit cultural institutions that applied in Round 4 do not need to reapply. Grants will only be available to nonprofit cultural institutions that did not receive funding in any previous rounds. Grants will be prioritized based on the documented percentage revenue declines based on a reporting period comparing Q2 and Q3 of 2020 versus Q2 and Q3 of 2019.

Bilingual report — City of Oxnard Issues Credit to Utility Customers; Also Cuts Current Utility Rates to Exclude Infrastructure Use Fee

In a series of decisions that culminated in its final ruling in July of 2021 regarding the City of Oxnard’s Infrastructure Use Fee (IUF), the Ventura County Superior Court ordered the City to reimburse its utility funds a total of $36.5 million over a three-year period and to remove the IUF from utility charges effective June of 2021. 

The City is going beyond that by making those changes retroactive as of January 2020 and issuing a credit to all utility customers.

Economic Development Collaborative (EDC) — Free Webinar Schedule

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

CROSS-BORDER ECOMMERCE STRATEGY & OMNICHANNEL MANAGEMENT

August 31 @ 10:00 am

How to create a cross-border ecommerce website that will suit your customers’ needs, what are the different factors that influence the cost of e-commerce project, and how to build your omnichannel management.

CLICK HERE TO REGISTER

Update on County of Ventura Santa Clara River Clean Up Effort

Supervisors LaVere and Ramirez, Districts 1 and 5, are the representatives for the area of the Task Force effort to address Santa Clara River bottom encampments. They, individually, and along with members of their staff, have accompanied the County Executive Officer, Sheriff, and County public health and other staff several times to see for themselves the encampments. They have observed the accumulation of trash and debris in the Santa Clara River bottom. They also recently went with the County’s Backpack Medicine team which offers help and services to the people living in the watershed. This is being done ahead of a major clean-up effort that is planned to take place in September. The County Executive team is leading the effort coordinating with the Sheriff’s office, Ventura and Oxnard Police, and Public Works Agency staff to make access easier and to clear pathways for the future clean-up event. More clearing of brush and vegetation, which pose a fire danger, will occur after the sites which are abandoned have been removed.

Economic Development Collaborative (EDC) — EDC SBDC Advisor Named Regional State Star

Anthony Elliott, CPA is a forensic “royalty audit” specialist with more than 30 years of public and corporate accounting experience. He consults with EDC SBDC small business clients on a broad range of finance, accounting and tax related topics, including business startup assistance, business plan and financial projection development, access to capital, disaster recovery, due diligence and business acquisition analysis, profitability, break even and cash flow analysis, sales and income tax compliance issues and other financial advisory services.

Economic Development Collaborative (EDC) — Ventura County COVID-19 Business Assistance Grant Program

The County of Ventura is launching a fourth COVID-19 Business Assistance
Grant Program for business and nonprofit organizations that did NOT receive a grant during any of the County’s previous business grant programs. Businesses and nonprofits based in Ventura County may be eligible for a $10,000 grant.
The County Board of Supervisors has supported more than $65 million in grants to help local businesses move forward.

Economic Development Collaborative (EDC) — Free Webinar Schedule

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

ARE YOU READY FOR EVICTION PROTECTIONS TO END?

August 27 @ 12:00 pm

Will you be ready for eviction protections to end? Join the EDC for a free webinar that will review timeless recommendations that will help BOTH TENANTS AND LANDLORDS prepare for eviction protections to expire. EDC Small Business Development Center Legal, Financial and Strategic Advisors will provide actionable items for both parties on:
Assessing your business finances
Evaluating your business options
Planning for negotiations

Union Bank Donation Brings ‘Tools for School’ to 400 Local Children in Need

After 18 months of pandemic life, some 400 school-age children walked away from the 8th Annual “Tools for School” on Aug. 14th with backpacks filled with school supplies for the coming school year.  40 individuals signed up for vaccinations at the event as well.

Back-to-school fund drive organized by The Teacher’s Fund aims to raise $60,000 to support local educators

As kids and teachers head back to in-person school after a challenging year of online learning, the non-profit Teacher’s Fund is aiming to raise at least $60,000 to help local educators get the tools and materials they need for their classrooms. To date, $47,000 has been raised with only $13,000 needed in the next two weeks to hit the goal of $60,000.

This year’s annual “Back to School” fundraising drive launched August 1 and runs through August 31. Similar to last year, fundraising will take place entirely online, given the ongoing pandemic risks. Individuals and organizations interested in donating to the drive can do so here.

Economic Development Collaborative (EDC) — California Small Business COVID-19 Relief Grant Program Rounds 7-9

Having trouble viewing this email? Click here CA SMALL BUSINESS COVID-19 RELIEF GRANT PROGRAM ROUNDS 7 – 9 California’s Office of the Small Business Advocate (CalOSBA), part of the Governor’s Office of Business and Economic Development (GO-Biz), announced today that…

County of Ventura Assessment Appeals Board Member Recruitment

The County of Ventura is accepting applications for Board Member vacancies on its Assessment Appeals Boards (AAB). The AAB is a quasi-judicial body which hears property tax assessment appeals at a public hearings. The hearing process provides ‘equalization’, or fairness of the assessment of a property’s value of the property in question. Meetings of the Board are held in the City of Ventura and applications must be submitted by September 3, 2021.

Bilingual report — Oxnard’s Chief Financial Officer Headed to the City of Long Beach

City Manager Alexander Nguyen announced today that Oxnard’s Chief Financial Officer Kevin Riper is headed to the City of Long Beach, Calif., to become their Director of Financial Management.

During his time in Oxnard, Riper helped revamp the Finance Department after several challenging years when the City had to address 158 audit findings that had accumulated since 2014 and was also facing a multi-million dollar operating deficit in the General Fund. 

Zero Textbook Cost Program Advances Equity and Academic Success for VCCCD Students

Textbooks and supplies are often among the largest educational expenses college students face. As a result, 65% of college students have avoided purchasing textbooks due to prohibitive prices, according to a recent survey by the U.S. Public Interest Research Group Education Fund.

To make textbooks more accessible, the Ventura County Community College District (VCCCD) has implemented the Zero Textbook Cost (ZTC) program at Moorpark, Oxnard and Ventura colleges. The program enables students to use textbooks and online materials for their coursework at no charge. VCCCD students may average savings between $1,400 and $1,700 per year by taking classes that participate in the ZTC program.

United Way of Ventura County — Good news: Child Tax Credit & new board members

Last week, Congresswoman Julia Brownley held a press conference at the Encanto Migrant and Seasonal Head Start in Oxnard to raise awareness about the Child Tax Credit payments that are coming to Ventura County families. The expansion of the Child Tax Credit will help all families succeed, from working families struggling with basic needs like food, rent, and bills, to middle-class families that need help with childcare and college savings. This helps Main Street businesses and the whole community thrive. United Way was honored to attend Congresswoman Brownley’s event with our partners from First 5 Ventura County and the Central Coast Alliance for a Sustainable Economy (CAUSE).