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8 Steps to Speed the Economic Recovery for All

8 Steps to Speed the Economic Recovery for All

 

This op-ed was originally published in the Santa Clarita Valley Signal

 

The Santa Clarita Valley Economic Development Corp. is a public-private partnership focused on growing jobs in the Santa Clarita Valley. Economic development will be more important than ever going forward, and all of our partners will play a role in the recovery of our economy.

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SCV Businesses Pursue CARES Act/COVID 3.5 Funding

SCV Businesses Pursue CARES Act/COVID 3.5 Funding

 

With the new $484 billion coronavirus stimulus bill signed by the President today, hope is renewed for SCV businesses to obtain COVID-19 financial relief. The new bill brings $310 billion to replenish the Paycheck Protection Program (PPP), with additional guarantees that a portion of the funds must be granted by smaller lenders that cater to truly small, local businesses. At least $60 billion must be granted for PPP by small banks, community financial institutions, and credit unions.

The Future of Workplaces -- Post COVID-19

The Future of Workplaces -- Post COVID-19

 

Despite the fact that so much is still unknown, employers are already beginning to consider how their workplaces will look and operate after “stay at home” orders are lifted. And while the future is impossible to predict, we can already see changes in how people do work, where they do work and how workplaces are configured that might give us some insight.

SCV Community Steps-Up During Coronavirus Crisis

SCV Community Steps-Up During Coronavirus Crisis

The Santa Clarita Valley has had more than its fair share of challenges this year, and the current COVID-19 pandemic is certainly one of them. But despite it all, our tight-knit community has a reputation for stepping up and taking care of each other. From folks offering to run errands for elderly or sick neighbors to businesses finding creative solutions in the face of seemingly insurmountable obstacles, I am in awe of how our community responds to difficult situations.

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17 Steps to Help Your Business Deal with Coronavirus

17 Steps to Help Your Business Deal with Coronavirus

 

 

Social distancing is key

 

SCVEDC presents the following recommendations to help businesses weather the slowdown caused by coronavirus as recommended by LAEDC.  As with any recommendations, we ask readers to evaluate the merit of each, based on their own organization’s needs. Businesses which are experiencing significant economic harm can contact SCVEDC for strategic assistance, confidentially and at no cost, as part of SCVEDC’s nonprofit mission. Email scvedc@scvedc.org for assistance or call our office. 661.288.4400. For local information on the Coronavirus CLICK HERE.

Spotlight: Leading Med Tech Companies that Call SCV Home

Spotlight: Leading Med Tech Companies that Call SCV Home

The Santa Clarita Valley (SCV) is home to a growing cluster of medical device and bioscience companies that are leading the way in the discovery and engineering of noteworthy advancements in the field. Alfred Mann made the SCV the headquarters of several cutting-edge companies, housing many of them in the Southern California Innovation Park (formerly Mann Biomedical Park) and nearby industrial centers. SCV’s high quality of life, strong training infrastructure and talented workforce are just a few factors that make our region an ideal location for medical device and bioscience companies. Let’s take a look at just a few medical device and biotech companies that call SCV home.

 

SCVEDC Receives CALED Award of Excellence

SCVEDC Receives CALED Award of Excellence

 

The Santa Clarita Valley Economic Development Corporation received a significant recognition this week from the California Association for Local Economic Development and has been honored with an Award of Excellence in their Programs Category for our LiveWorkSCV.com job board

2019 - Another Year of Growth and Development for SCV

2019 - Another Year of Growth and Development for the Santa Clarita Valley

 

Each year, the Santa Clarita Valley Economic Development Corporation (SCVEDC) compiles an annual report that details our key accomplishments that help us further our mission. Our organization gets stronger each year and is supported by a fantastic Board of Directors. This dynamic group of leaders is dedicated to the Santa Clarita Valley (SCV) and we could not do what we do without them. SCVEDC remains focused on 4 key areas: business attraction & expansion, business retention, community marketing, and economic research and data.

New Development = Job Creation

New Development = Job Creation

New development might seem undesirable to some, but there are a wide range of positive effects it can have on the local economy. A whole host of jobs are required just to build one building: contractors, managers, engineers, and inspectors are just some of the many jobs that new development requires. However, the impact of new commercial, industrial, and standard office development on job creation reaches far beyond new construction. After all, once the development is completed it isn’t finished creating jobs. Manufacturing companies, offices and retail locations need employees. These are all things that grow the local economy and help it to thrive.

OK Boomer - Make Way for the Rise of the Millennials

Ok Boomer – Make Way for the Rise of the Millennials

It’s a little-known fact, but Millennials make up the largest generation in the U.S. and California. In 2018 there were 11.2 million Millennials in the state and fewer than 9.3 million people in any other generation. Millennials are also the largest generation in SCV at 81,000, placing them ahead of the 76,000 Baby Boomers.

 

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SCVEDC Hosts Local Companies for Roundtable on China Trade

SCVEDC Hosts Local Companies for Roundtable on China Trade

SCVEDC was approached in early December by U.S. Commercial Service, U.S. Department of Commerce with an invitation to coordinate an event on doing business in China. A Roundtable was convened on January 7, 2020 with business leaders of local companies that are currently exporting to China or are interested in learning how they can expand their trade into this country. The venue also gave businesses the opportunity to discuss their challenges in China trade and learn how U.S. Commercial Service can assist in global expansion.

Five New Year's Resolutions for Employers

Five New Year’s Resolutions for Employers

The start of a new year brings the inevitable personal New Year’s Resolutions. While those are often fleeting, this can be a great time for employers to assess their priorities and take action to build a great team. Here are my recommendations for five New Year’s Resolutions that will help strengthen your business in 2020 and beyond.

Emergency Preparation: Getting Ready for an External Disaster

Emergency Preparation: Getting Ready for an External Disaster


This is a topic few want to discuss but all business owners should address, especially in the wake of the natural disasters that have struck our valley. Due to recent fires and accompanying power outages, it’s been a challenging time for some businesses in the past couple of months.

SCV’s Growth Means More (and Better) Jobs for Residents

SCV’s Growth Means More (and Better) Jobs for Residents

If you’ve driven out the 14 or 126 highways recently, you have probably noticed the amount of development and construction along those corridors. And if you’re on Facebook, you’ve probably noticed that some people aren’t happy about that. I’d like to share why this growth is beneficial to the Santa Clarita Valley economy and the people who live here.

The Impact of Health on the Workplace

The Impact of Health on the Workplace

 

It’s not exactly a shocking revelation that leading a healthy lifestyle can improve your physical and mental well being, but did you know that it can also have a profound effect on your performance at work, as well? Recently, we’ve begun to see companies incentivize employees with wellness programs, access to onsite workout facilities or discounted health club memberships, and mindfulness/meditation training to not only improve productivity, but also increase employee satisfaction.

fDi Magazine named Santa Clarita an American City of the Future

fDi Magazine named Santa Clarita an American City of the Future

 

Like all businesses that have chosen to locate in the Santa Clarita Valley (SCV), foreign companies are attracted by the region’s business-friendly approach, abundance of land, high quality of life, modern facilities and infrastructure, talented workforce and strong local economy. Additionally, SCV’s proximity to the Ports of Los Angeles and Long Beach, which are ranked the #1 and #2 ports by cargo volume in North America, make it an ideal location for international businesses.

The Santa Clarita Business Incubator Spotlight

The Santa Clarita Business Incubator Spotlight

One of the greatest local resources we have for startups is the Santa Clarita Business Incubator. A partnership between the City of Santa Clarita, College of the Canyons, and the Small Business Development Center, the Business Incubator has helped local entrepreneurs kickstart their businesses through networking opportunities, low cost office space, and access to partnerships with local legal and financial services, all while establishing roots in the SCV to create high-quality jobs for the community.

Quality of Life Matters - Millennials are Moving to the Suburbs

Quality of Life Matters – Millennials are Moving to the Suburbs


As millennials grow up and begin to settle into their careers and buy homes, it’s hardly surprising that their demands from just a few years ago have changed. A generation that once flocked to apartments in the city is now looking to settle down and start a family – but where are they moving to and what are they looking for?

The Santa Clarita Valley Remains an Important Hub for the Film Industry

The Santa Clarita Valley Remains an Important Hub for the Film Industry


Hollywood North has become a common moniker of the Santa Clarita Valley in reference to the large amount of filming that takes place here. And it’s true – there are many TV shows, feature films, music videos and commercials shot in our region. The last fiscal year was another incredible year for the SCV, in part thanks to the City of Santa Clarita’s film-friendly attitude and Film Incentive Program and the California Film and Television Tax Credit Program which has brought many productions “home” from locations out of state.

LiveWorkSCV.com by the Numbers

LiveWorkSCV.com by the numbers

Have you heard about LiveWorkSCV.com, the new resource from the Santa Clarita Valley Economic Development Corporation? LiveWorkSCV.com is a comprehensive, highly visible job board that matches SCV career opportunities with SCV residents who want a job closer to home.

New Resource to Help SCV Employers Find Local Talent

New Resource to Help SCV Employers Find Local Talent


LiveWorkSCV.com

 

The Santa Clarita Valley (SCV) is home to many top employers in a wide variety of industries like medical devices & biotechnology, aerospace & defense, digital media & entertainment, information technology, and advanced manufacturing. Despite the fact that SCV residents are highly skilled and often experience long commute times, local employers note that they have trouble hiring talent that lives locally, and they frequently have to cast a wide net to fill open positions. We have also found that residents of the Santa Clarita Valley lack awareness of the types of career opportunities that are offered at local companies.

Digital Healthcare: The Future of Treatment

Digital Healthcare: The Future of Treatment

By now it’s no surprise that the medical industry heavily relies on technology. Patient records are stored and accessed digitally, telemedicine appointments allow you to have a doctor visit from your home, and AI is helping to run diagnostic tests in clinics. But as our health becomes more data-driven, what changes can we expect to see in the way providers and hospitals handle patient treatment?

Wake Up and Smell the Tax Revenue (Three Resasons Why Economic Development Matters)

Wake Up and Smell the Tax Revenue (Three Reasons Why Economic Development Matters)

  

How often do you think about your community’s economic development? Never, you say? Or maybe just when that alluring new business “opens up shop”?

 

We get it. It’s the job of economic development organizations to think about this all the time so you don’t have to!

 

SCVEDC Honors Power Brokers

SCVEDC Honors Power Brokers

Here at the Santa Clarita Valley Economic Development Corporation, we’re invested not just in growing our local businesses, but attracting great companies to the region with a focus on industries that provide our residents with high quality, high paying jobs.

Making Big Deals Happen – The Top 5 Qualities of a Power Broker

Making Big Deals Happen – The Top 5 Qualities of a Power Broker

In the world of commercial real estate, there are those who broker, and those who broker.


Here at SCVEDC, we’re invested not just in growing our community, but how it grows. Which businesses are setting up shop in our area, and what kind of jobs are they bringing? We love to fight for the good jobs, the high-paying kind that provide major opportunity right in our backyard.

2018 -- A Year of Growth and Development for the Santa Clarita Valley

2018 – A Year of Growth and Development for the Santa Clarita Valley

 

The Santa Clarita Valley Economic Development Corporation’s overarching goals are to support the creation of high-paying jobs for our trained workforce, stimulate economic activity that grows the regional tax base, and strategically position the Santa Clarita Valley (SCV) and its businesses to better compete in the global economy.

Join us for the 2019 Economic Outlook Conference

Join us for the 2019 Economic Outlook Conference on March 14

Are you wondering where to get a sneak peek into the economy of the Santa Clarita Valley, the state of California, the United States, and the world? Does your company rely on accurate and up-to-date demographic data for the region? Are you interested in how growth and development will shape Santa Clarita in 2019 and beyond? If you answered yes! to any of these questions, you need to attend our 2019 Economic Outlook Conference!

Small Businesses Drive Employment

Small Businesses Drive Employment

Quick -- when you think of companies that drive the engine of our economy forward, which come to mind? Apple? Google?

 

Like we’ve said before, it may feel like big companies are behind the wheel, but small and medium-sized companies are pulling more than their weight when it comes to hiring and growing the economy, and they have been for some time.

Looking Back on a Good Year

Looking Back on a Good Year

2018 was a very good year for the Santa Clarita Valley, and 2019 shapes up to be good as well. Our local job growth has chugged along in a healthy manner, and we are on track to add several thousand new jobs in the SCV. We are also adding new housing, which is a good thing and will continue to keep our economy in balance as we go forward.

 

SCVEDC Honored by The Signal as 2018’s Growth Leader

SCVEDC Honored by The Signal as 2018’s Growth Leader

Last week The Signal hosted their annual business awards. Among the honorees was the Santa Clarita Valley Economic Development Corporation (SCVEDC) for Growth Leader. Growth is a very important theme here at SCVEDC. In fact, growing the number of high-quality jobs in the Santa Clarita Valley is our mission.

 

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