The Santa Clarita Valley Economic Development Corporation continues its mission of fostering a growth-friendly environment and unifying our region's approach to economic development. We strive to support the creation of high paying jobs for our trained workforce, stimulate economic activities that grow the regional tax base, and strategically position the Santa Clarita Valley and its businesses to better compete in the global economy.
Just 30 minutes north of downtown LA, the Santa Clarita Valley is close to 23 highways as well as major airports and ports.
2016 was an exceptional year for the economy of the Santa Clarita Valley, and 2017 promises more positive growth on the horizon. As we look ahead to new developments, expansions, and entertainment offerings, we are excited to see the Santa Clarita Valley continue to flourish and grow. These new additions and expansions support the SCV as a good location for business.
Last week, the Santa Clarita Valley Economic Development Corporation (SCVEDC) awarded its Industry Cluster Attraction Incentive to Scorpion, a leading Information Technology company in the Santa Clarita Valley. Scorpion is constructing a new Headquarters in the Santa Clarita Valley, with construction set to be completed later this year. The incentive reimburses Scorpion for permit fees incurred during the permitting process of up to $40,000, and is just one of the many SCV business services and resources provided by the SCVEDC.
Each year, the Santa Clarita Valley Economic Development Corporation (SCVEDC) and College of the Canyons (COC) host the Spring release of the Santa Clarita Economic Outlook Forecast at the Santa Clarita Economic Outlook Conference. Mark Schniepp, Director of the California Economic Forecast, and Mark Vitner, Managing Director, Senior Economist at Wells Fargo, this year’s featured economists, will provide an in-depth forecast of our national and local economies, as well as discuss global megatrends.