In Los Angeles…
L.A.’s thriving economy is one of the strongest in the world
Nearly all companies in L.A. County are small businesses with fewer than 50 employees
More than half of all firms in L.A. County are minority-owned businesses
Small Business Spotlight
The LABCi studied the feasibility of implementing a regional clearinghouse to leverage major sporting and entertainment such as the Super Bowl, World Cup, Grammys and College Football Playoffs in Los Angeles to help small businesses connect to public and private procurement opportunities. The concept is based on an innovative system built for the London 2012 Olympic and Paralympic games—a platform that was incredibly successful in helping distribute the positive economic impact of the games to local small and disadvantaged businesses.
The LABCi study is currently undergoing review by the Chief Legislative Analyst’s Office.
Thank you to our supporters and contributors:
UCLA Price Center Board of Advisors, Los Angeles Gay & Lesbian Chamber of Commerce, AIA | LA Political Outreach Committee, JPMorgan Chase Foundation and Local Initiatives Support Corporation (LISC), Office of County Supervisor Mark Ridley-Thomas and the LA County Department of Consumer and Business Affairs .
Check out our blog post explaining the procurement process and our mission to increase economic opportunity throughout the Los Angeles Business Community!
News from the labc
It can be hard to capitalize on a good opportunity, for even the most experienced in the business. Los Angeles has a lot going on—we are an economic hub and a leader in some of the fastest growing industries in the world-- but even with all of this activity, often...read more
While California and Los Angeles already have the most progressive environmental goals and targets in the country, the California energy agencies the California Energy Commission (CEC) and Public Utilities Commission (PUC) have articulated goals for the state that new residential construction be zero net energy by 2020, and new commercial construction by 2030.read more
A Los Angeles City Council committee moved forward with a proposal to create a free online database that would link local businesses to major contracts, including ones related to the 2028 Olympics and other major events.read more
2019 Mayoral Housing Transportation and Jobs Summit
Friday, November 22 | 8:00 am - 2:30 pm | UCLA Luskin Conference Center
Join us for a discussion with three of California's most prominent mayors about the mounting affordable housing and congestion crisis and its effect on businesses and employment in the L.A. region.