Compete4LA, LA County’s Largest Small Business Database
Compete4LA is a first-of-its-kind online database of up to 31,000 publicly accessible small business profiles across L.A. County, providing a verified, searchable, and mappable directory of local small businesses with under $1 million in annual sales and fewer than 20 employees, among other refining criteria. Developed in collaboration with the University of Southern California Sol Price School of Public Policy’s Center for Economic Development, Compete4LA aims to help level the playing field for local businesses seeking to support the region’s major sports, entertainment, and cultural events, as well as major public infrastructure projects.
Compete4LA supports the City of LA’s new procurement platform—the Regional Alliance Marketplace for Procurement (RAMP)—by providing a roadmap for intermediaries to identify the resources needed for small businesses to start utilizing and bidding on contracts listed on RAMP.
Compete4la initiative HISTORY
LABC and USC officially launch Compete4LA, a small business database that works in tandem with RAMP
Citing a landmark study conducted by the LABCi and USC, the LA City Council votes to fund a new procurement platform focused on increasing opportunities for small, diverse, and disadvantaged businesses
LABC organizes support for small business initiative from leading community and civic groups
Engaged USC to conduct an in-depth sector analysis to identify underserved businesses that stand to benefit most from our small business program
City Council Ad Hoc Committee on Job Creation unanimously approves LABC’s request to study implementing an online procurement platform
Published our feasibility study on the demand for an online procurement platform in Los Angeles
Conducted over 40 stakeholder meetings with members of the business community to better understand the problem, assess the need, and develop our research questions
LABC forms partnership with the creators of the small business platform used in the 2012 Olympic Games