Tag: Economic Development Collaborative (EDC)

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)

Oct. 26 — Economic Development Collaborative (EDC) — Showcasing the International Success of Businesses Supporting Disability Inclusion and Equity

Join U.S. Commercial Service for the ninth session of their “From Local to Global: Celebrating Diversity” event series, as they feature a dynamic panel of founders and leaders from Southern California-based companies, fostering disability inclusion and equity, 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.

Oct. 28 — Economic Development Collaborative (EDC) reports ‘2022 California Economic Summit’

Registration for the 2022 California Economic Summit taking place in Bakersfield on October 27-28 is now open!

Available in-person or virtual attendance

Produced by California Forward in partnership with the California Stewardship Network, the Summit influences CA FWD’s ongoing movement to make the government and economy work for everyone. The two-day Summit is designed to create a shared economic agenda known as the Roadmap to Shared Prosperity and strengthen the Summit network, setting the stage for collective action in 2023.

Nov. 17 — Economic Development Collaborative (EDC) — Customer Discovery and Research Tools for Tech Businesses

The EDC SBDC call team and experienced advisors are available to answer questions and help you navigate today’s complex business environment. The Economic Development Collaborative hosts the Small Business Development Center and is funded in part through a cooperative agreement with the U.S. Small Business Administration. Signing up as a client takes just a few minutes and provides you with lifetime access to all of our no-cost services.

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.

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.

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.

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

Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

SCORE VENTURA COUNTY: MINDFULNESS FUNDAMENTALS FOR SMALL BUSINESS OWNERS AND STAFF

December 14 @ 10:30 am

In this practical, interactive session, Amy Saltzman M.D. will show you how mindfulness and self-compassion practices can support you during this unusual and stressful time.

CLICK HERE TO REGISTER

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.

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.

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

Economic Development Collaborative (EDC) — Happy Thanksgiving, Small Business Saturday on 11-27

Saturday, November 27, 2021 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic. Please join SBA and organizations across the country in supporting your local small businesses by shopping at a small business.

Economic Development Collaborative (EDC) — Economic 411 Labor Market Report for October 2021

The California Labor Market Information Division (LMID) released its October 2021 report last Friday, revealing a strong improvement in our unemployment rate, dropping from 5.3% in September to 5.0% in October. Employment gains, however, were concentrated in only five industry sectors, Local Government Education, up by 1,000 jobs, Leisure & Hospitality up by 600 jobs, Retail Trade up by 400 jobs, Private Education & Health Services up by 300 and Transportation and Warehousing up by 100. Each of those gains had been expected, and all, except Transportation & Warehousing, are only still just eating into the losses suffered through COVID-19. While those gains are all positive, what’s not so positive is our continuing lackluster labor market participation and our lack of new hiring in two other sectors especially hard hit by pandemic, Construction and Other Services. We’ll unpack more on the trends for recovery below. For the monthly detail, the LMID release is here.

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.

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.

Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

SCORE SANTA BARBARA COUNTY: RISE UP: EMOTIONAL INTELLIGENCE: THE CORE COMPETENCY TO SUCCESS

November 11 @ 5:00 pm

The most successful companies and individuals are the ones that adapt their culture and communication around the key elements of emotional intelligence (EI). Many experts contend that EI accounts for 80% of professional success. Join SCORE to learn more!

Economic Development Collaborative (EDC) Legal Alert — Cal/Osha Emergency Temporary Standard

On November 4, the U.S. Department of Labor’s Occupational Safety and Health Administration announced a new emergency temporary standard to protect more than 84 million workers from the spread of the coronavirus on the job. The nation’s unvaccinated workers face grave danger from workplace exposure to coronavirus, and immediate action is necessary to protect them.

Economic Development Collaborative (EDC) — EDC Business Alert- Uplift Central Coast Coalition

EDC Proudly Partners with REACH and the Monterey Bay Economic Partnership (MBEP)

The Uplift Central Coast Coalition comprises 13 partners across industry, government and education and is expected to grow over time. The coalition is being overseen by the region’s three economic development organizations, Monterey Bay Economic Partnership, Economic Development Collaborative and REACH, with REACH as the lead agency on the U.S. EDA Build Back Better grant application.

Economic Development Collaborative (EDC) — Tax Credit Programs

TAX CREDITS THAT MAY APPLY TO YOUR BUSINESS

Tax Credits may help reduce the amount of tax your business owes. Your business may be eligible for more than 1 tax credit if you:

Bring or grow your business in California
Hire employees in certain areas
Produce a movie or television show
Do qualified research in California

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.

Economic Development Collaborative (EDC) — Economic 411 Labor Market Report for September 2021

The California Labor Market Information Division (LMID) released its September 2021 report earlier today, showing extraordinary progress in our unemployment rate, dropping from 6.2% in August to 5.3% in September.

What’s odd though, is we had very little gain in our industry employment, up month-over-month by only a net 1,200 jobs. Usually when we see a big improvement in the unemployment rate without a corresponding increase in industry employment—that is, payroll jobs created by employers that are paying into the unemployment and social security systems—it’s because we had a bunch of workers drop out of the labor market entirely. When workers drop out, neither working nor looking for work, they’re not considered “unemployed” so that contributes an artificial improvement to our unemployment rate. But this month we actually had a small increase in our total labor force, by 900 workers, so that doesn’t help explain the improvement.

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!

Economic Development Collaborative (EDC) — EDC Legal Alert- COVID-19 Supplemental Paid Sick Leave Expires

The requirement for employers to provide supplemental paid sick leave (SPSL) to employees expired on September 30, 2021. Read below to learn more about the recent changes on the federal, state and local levels.

Federal Update

The Families First Coronavirus Response Act (FFCRA), which was extended through the American Rescue Plan Act of 2021 (ARPA) to allow employers to voluntarily continue to provide COVID-related SPSL and still receive the available tax credits, expired on September 30, regardless of whether an employee is on leave at the time of expiration.

Economic Development Collaborative (EDC) — Vaccination Verification for Entry in Los Angeles County

In response to the ongoing community transmission of COVID-19 and the presence of the Delta variant, the new Los Angeles County Health Officer Order requires certain higher risk businesses to take additional steps to ensure the safety of their customers and employees, including verification of vaccination status prior to entry. 

Updated Health Officer Order Requirements 
For Los Angeles County Only

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?

EDC’s Economic 411 Labor Market Report for August 2021

The California Labor Market Information Division (LMID) released its August 2021 report earlier today, showing moderate improvement to our unemployment rate but some surprising, even disturbing volatility in the labor force and employment data.

On the upside, the Ventura County unemployment rate improved from 6.4% in July to 6.2% in August, somewhat encouraging news since we’re still dealing with the slowdown caused by the Delta variant.

On the downside, that improvement owes less to new job creation than to the month’s dropout of 4,000 workers from the labor force, meaning they’re neither working nor even looking for work. That’s a big reduction to the County’s productivity and earnings, even worse for us that it’s on top of the roughly 9,000 workers we were already down from pre-pandemic levels.  

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.

Economic Development Collaborative (EDC) — Small Business COVID-19 Relief Grant Program for nonprofit cultural institutions closes Sept. 8

Round 8- Nonprofit Cultural Institutions Only
Application Window Closes Tomorrow, September 8!

Round 8 supports California eligible nonprofit cultural institutions of any revenue size that meet eligibility criteria found at CAReliefGrant.com.

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

The County of Ventura has launched the fourth COVID-19 Business Assistance
Grant Program for businesses 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.