Helping Create a More Inclusive Economy

Embracing a broader vision of economic development to drive progress and maintain L.A.’s competitive edge.

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

Los Angeles is a dynamic hub of international trade and innovation, with a booming economy to show for it.

Our city is known as the creative capital of the world, with trailblazing companies and a deep talent pool in entertainment, music, fashion, gaming, advertising and beyond. We also have more people employed in high-tech jobs, including aerospace, than any other metro region in the U.S. L.A. is also the largest major manufacturing center in the U.S., home to the world’s busiest port and airport, a major financial and banking center, and a top global tourist destination.

The LABC has a proven track record of advancing bold economic policy that leads to more jobs, higher incomes, broadly-shared prosperity, and better quality of life for all. We are focused on public policies that cut red tape to more quickly build the housing and modern transportation system that we need to continue attracting top-tier businesses and investment in our city. And we remain committed to promoting programs and policies to support a vibrant, equitable and sustainable economy.

Our Achievements

June 2022

 

LABC and USC officially launch Compete4LA, a small business database that works in tandem with RAMP

Watch the event

 

Mayor Garcetti and LABC launch RAMP, the city’s new procurement platform which addresses procurement reform and equitable access to contracting opportunities

Watch the event

 

March 2022

June 2020

 

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

Read the Report

 

The City Council Ad Hoc Committee on Job Creation approves LABC’s request to send the “Compete4LA” final report to the Chief Legislative Analyst’s office for study of its findings

January 2019

August 2018

LABCi releases “Compete4LA” outlining procurement challenges faced by small businesses

Read the Report

LABC releases “Utility Sector Workforce Development in the Los Angeles Region”

Read the Report

January 2017

June 2015

California minimum wage increases to $15/hr by 2020 with LABC’s active support

The California Pension Reform Bill is signed into law after years of advocacy by LABC

September 2012

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 achievements

June 2022

LABC and USC officially launch Compete4LA, a small business database that works in tandem with RAMP

Watch the event
Mayor Garcetti and LABC launch RAMP, the city’s new procurement platform which addresses procurement reform and equitable access to contracting opportunities

Watch the event

March 2022

June 2020

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

Read the Report

LABC organizes support for small business initiative from leading community and civic groups

Read the Letter of Support 

July 2019

February 2019

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  

February 2019

August 2018

Published our feasibility study on the demand for an online procurement platform in Los Angeles

Read our feasibility study 

Conducted over 40 stakeholder meetings with members of the business community to better understand the problem, assess the need, and develop our research questions

December 2017- 

August 2018

December 2017

LABC forms partnership with the creators of the small business platform used in the 2012 Olympic Games

News from the labc

M
<style>#free-global-popup .et-pb-contact-message ul {<!-- [et_pb_line_break_holder] --> padding: 0 0 23px 1em;<!-- [et_pb_line_break_holder] --> line-height: 26px;<!-- [et_pb_line_break_holder] --> list-style-type: disc;<!-- [et_pb_line_break_holder] -->}<!-- [et_pb_line_break_holder] -->#free-global-popup .et-pb-contact-message ul:last-child {<!-- [et_pb_line_break_holder] --> padding: 0!important;<!-- [et_pb_line_break_holder] -->}</style>

Hello. How are you?

SAMPLE POPUP

Built with Divi Builder.

Email Address

your@gmail.com

OUR OFFICE

101 Mark Boulevard St,
10040, New York,
United States.