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Big Changes Ahead for the Santa Clarita Business Incubator

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Big Changes Ahead for the Santa Clarita Business Incubator

Startups in the Santa Clarita ValleyDesigned to stimulate economic growth through entrepreneurship and enterprise development, the Santa Clarita Business Incubator is celebrating a significant milestone—graduating the first two participating companies from the program!  The City of Santa Clarita is proud to honor Business Incubator graduates Nuhubit Software Studios, LLC and Outlyer Technologies for successfully participating in the Santa Clarita Business Incubator program.    

FDA Approves Investigational Device Exemption for SetPoint Bioelectronic Therapy Clinical Study in Rheumatoid Arthritis

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FDA Approves Investigational Device Exemption for SetPoint Bioelectronic Therapy Clinical Study in Rheumatoid Arthritis

SetPoint Medical, a clinical-stage biomedical technology company developing an implantable bioelectronic medicine therapy for chronic inflammatory diseases, has received Investigational Device Exemption (IDE) approval from the U.S. Food & Drug Administration (FDA) to initiate a pilot trial in the U.S. for patients with drug refractory rheumatoid arthritis (RA). SetPoint’s proprietary bioelectronic device will be surgically placed on the vagus nerve and activated based on a predetermined dosage schedule to evaluate safety and efficacy.

Construction on The Center at Needham Ranch Begins

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Construction on The Center at Needham Ranch Begins

Trammell Crow Company (TCC) and Clarion Partners have begun construction on The Center at Needham Ranch, a 54-acre, state-of-the-art industrial business park in Santa Clarita, CA. The project is the first phase of a larger 132-acre, fully entitled site approved for up to 4.2 million square feet of Class A industrial space. Phase 1 is expected to begin deliveries during the Q3 2018. A ceremonial groundbreaking event is being held on December 12 that was attended by public officials, the development team and other parties.

IAC Commerce Center Celebrates the Completion of Phase 1

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IAC Commerce Center Celebrates the Completion of Phase 1

CBRE and IAC Properties announced the completion of the first phase of the new nine-building 1.3 million square-foot IAC Commerce Center in Valencia, California, one of the largest commercial projects in the region. As the three-building Phase1 is completed, CBRE and national developer IAC Properties welcome two tenants -- Accurate Freight and Covercraft -- to the state-of-the-art project situated in North Los Angeles County.

Heading into Fall in the Santa Clarita Valley

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Heading into fall in the Santa Clarita Valley

How has 2017 gone by so fast?  Can you believe the first day of Fall is just around the corner? As we wrap up the summer here in Santa Clarita, check out some of these great events occurring in September – there’s sure to be something that appeals!

America’s Job Center of California - a great resource for local companies and job seekers

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America’s Job Center of California - a great resource for local companies and job seekers

SCVEDC knows that finding skilled workers is one of the toughest challenges facing businesses in today’s tight labor market. That’s why training and apprenticeship programs are so important. Companies are growing their own talent, but are tapping into resources such as community colleges and the workforce development boards that are part of the public workforce system. In the past year, new apprenticeship programs for the aerospace and logistics industries are helping employees advance their skills quickly.

Airbolt Industries - Home in the Santa Clarita Valley

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Airbolt Industries - Home in the Santa Clarita Valley

AirboltOne of the key industry clusters in the Santa Clarita Valley is Advanced Manufacturing, with businesses involved in the production of high-value added, technical, or capital-intensive goods requiring advanced inputs and manufacturing processes choosing the SCV.  Airbolt Industries Inc. is one of the businesses who have relocated to the SCV – and this is their story.

Pharmavite Makes Long Term Commitment to Santa Clarita

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Pharmavite Makes Long Term Commitment to Santa Clarita

Pharmative MedicalPharmavite LLC, the leading manufacturer of dietary supplements for more than 45 years, has renewed its commitment to the Santa Clarita Valley by entering into two new leases!  To support the operations of its growing Nature Made® brand of vitamins and mineral supplements, the company has signed a new long-term lease for a 229,000 square feet distribution and warehouse facility in the Valencia Commerce Center.  It also deepened its roots in the Santa Clarita Valley by renewing the lease for its existing packaging facility located on Witherspoon Pkwy.  Both leases run through 2030.

Interest in SCV Climbs as New Development Projects Near Completion

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Interest in SCV Climbs as New Development Projects Near Completion

As the occupancy rate in Los Angeles and the San Fernando Valley reaches capacity, the search for industrial space can become a challenge.  Have you checked out the Santa Clarita Valley?  The Santa Clarita Valley (SCV) features nearly 30M SF of industrial and commercial facilities today, with approximately 8M SF of future land development already approved. The SCV is a terrific option for if you’re considering business relocation in Los Angeles or the San Fernando Valley. 

Tech Industry Thrives in the SCV

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Tech Industry Thrives in the SCV

Adding to the vast range of business services already provided by the Santa Clarita Valley Economic Development Corporation (SCVEDC) are our efforts to establish the Santa Clarita Valley (SCV) as a thriving and expanding technology innovation hub.

SCV Internships

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SCV Internships

Recruiting great talent gets more challenging every day.  As noted recently by Bisnow, “Today’s young talent is much more concerned with a city’s lifestyle offerings than its job market. This shift in priorities has forced companies to follow the talent, investing millions in office development and expansion in the country’s leading and secondary markets — a trend that is growing in prevalence as the labor market tightens and young talent becomes more scarce.

SCVEDC 2016 Annual Report

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SCVEDC 2016 Annual Report

2016 was another great year for the Santa Clarita Valley Economic Development Corporation (SCVEDC) and as a result, for the Santa Clarita Valley (SCV). With its focus on developing business in the SCV, the SCVEDC delivered again in 2016.  Here are some of the highlights from the 2016 SCVEDC Annual Report:

2017 - Full Steam Ahead

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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.  

ExporTech Workshop for LA County Businesses

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Are you ready to expand your business through exporting? Exporting gives you access to new customers, expanding sales, and increased profits!

ExporTech is the only national program that helps individual companies develop an export plan. They are offering workshop sessions for LA County/San Fernando Valley beginning February 16.

The 2017 Santa Clarita Economic Outlook Conference

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The 2017 Santa Clarita Economic Outlook Conference

Santa Clarita Economic Outlook Conference

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. They will be joined by one more speaker (to be announced). This is the only event of this kind with information specific to the Santa Clarita Valley. 

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