ATTRACT. GROW. MARKET. INFORM.
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.
Any business can apply for this tax credit. Once awarded, the tax credit is used against the income tax due the Franchise Tax Board with 6 tax year carryover. The credit can offset Alternative Minimum Tax as well.
The Board of Directors's approval triggers initial work on analysis and inspection of the Honor Ranch project with funding of $455,000.
Biomedical device maker SetPoint Medical is moving into the Mann Biomedical Park in Santa Clarita.
“ The City of Santa Clarita and its partners work hard to make sure that doing business here is a profitable experience for businesses. Through the SCVEDC and other business groups, we have been very successful in attracting new businesses and creating a healthy climate for business expansion. ”
City Manager, City of Santa Clarita
“ SCVEDC provided critical information our executive team needed to evaluate the various locations we were considering. Without SCVEDC, I believe Logix would have selected a different location for its HQ. ”
COO, Logix Federal Credit Union
“ The SCVEDC team went above and beyond in assisting Crissair’s aggressive relocation timelines including, but not limited to, working with the County on our permitting requirements. ”
“ My team and I at CBRE have been assisting companies in their relocation to the SCV for over 30 years. Since its inception, the SCVEDC has been a true partner and great resource. ”
Executive VP, CBRE