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SCVEDC Annual Report

SCVEDC released its 2014 Annual Report this week, and reported helping over 100 companies and 1000 jobs.

SCVEDC focuses on 4 primary functions:

Business Attraction & Expansion

SCVEDC reported adding 471 jobs in the target industry clusters of Aerospace & Defense, Information Technology, Medical Devices, Advanced Manufacturing, and Digital Media & Entertainment. In addition, SCVEDC reported helping non-cluster companies add another 300 jobs.

SCVEDC also helped companies voucher qualify employees for the now-concluded Enterprise Zone program. This final push for companies to access their benefits under the program paid off, with 295 jobs vouchered during 2014.

SCVEDC also participated in Supervisor Antonovich's China Trade Mission to Shenzhen, China and Hong Kong. The SCVEDC delegation includes 6 local leaders.

Business Assistance

SCVEDC increased its efforts to assist local companies in accessing incentives this year, including holding a "business site visit blitz" that reached out to 75 local companies in partnership with the Chamber and VIA. Individual site visits with another 25 companies introduced those companies to tax, workforce, and operational incentives.

Community Marketing

SCVEDC revamped its website in 2014 and made the website, and this blog, a central element in its digital media campaign. A new brochure based on the trademarked message that the Santa Clarita Valley is "Still Golden" was complete, To keep the importance of economic development front and center, SCVEDC hosted a new event honoring Public Officials in partnership with CalArts.

Information & Research

SCVEDC continues to be the go-to source for economic data about the Santa Clarita Valley. In addition to the monthly economic Snapshot, SCVEDC hosts the annual Economic Outlook in partnership with the College of the Canyons. The 2014 event was the most successful yet. The website update also enabled SCVEDC to offer data-on-demand to local real estate brokers.

Overall, 2014 was a very successful year, and SCVEDC looks forward to continued success in 2015.

Read the full annual report.


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