Steve Knight Small Business Forum a Success

On August 3, Congressman Steve Knight of California’s 25^th District hosted his second Small Business Conference and Expo, an event that attracted small business owners, government agencies and non-government organizations dedicated to serving small businesses as well as private companies who cater to the needs of small businesses. Read more here.

Startup Accelerator Holds Innovation Review at Henry Mayo

Seven healthcare startups presented their innovative concepts, technologies and product offerings in an event hosted by Henry Mayo Hospital and organized by Healthbox, which launched its first accelerator program in 2012 to help entrepreneurs navigate the complex healthcare industry and grow sustainable businesses. Read more here.

Save the Date! Manufacturing Day Coming in October

Are you interested in learning more about a career in manufacturing or advanced technology? You won’t want to miss our evening panel discussion led by Edge Factor host, Jeremy Bout on Oct. 6 at the Santa Clarita Performing Arts Center. Leading Santa Clarita Valley manufacturers and advanced technology industries will discuss career paths and opportunities in manufacturing and advanced technology. Click here for more information or to register.

FROM THE DESK OF

Holly Schroeder, President and CEO of SCVEDC

The Santa Clarita Valley is a growing community, and its population growth in recent years has resulted in the City of Santa Clarita becoming the third largest city in Los Angeles County. Along with population growth, the Santa Clarita Valley has seen significant job growth in recent years – in fact jobs have been growing faster than new housing construction. Last year, the Santa Clarita Valley added 2,284 jobs while only adding 1,134 new housing units. The result is that the SCV is now nearly balanced in its jobs/housing ratio, and growth in the future is designed to add both needed jobs and housing for the growing population of Southern California.

BUSINESS ASSISTANCE

Cal Competes Tax Credit

$75 M in tax credits are available now–but the deadline is August 22nd! The California Competes Tax Credit (CCTC) is an income tax credit for businesses growing in California – either through increased hiring of full-time employees, increased investment, or both. The purpose is to attract and retain employers in California industries with high economic multipliers and that provide their employees good wages and benefits. GO-Biz is awarding a total of $243.3 million in tax credits in fiscal year 2016-17. Read more here.