L.A. BUSINESS THIS WEEK
Los Angeles Area Chamber of Commerce Weekly Newsletter
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Bixel Exchange's Executive-in-Residence program hosts inaugural Demo Day
Thursday, the Chamber's Bixel Exchange hosted a demo day for six startups belonging to their pilot Executive-In-Residence (EIR) program. Participating startups included Foodies.ai, a restaurant recommendation chatbot; Lawgood, a legal advice app; Muvn, an innovative moving company app; and Patricglo, a real estate intelligence platform. Each startup pitched their companies in front of Bixel Exchange partners and members of the tech community, ending with a Q&A session with the audience. The demo day was the culmination of the pilot program, which brought together tech executives and L.A. startups at all stages for hands-on, customized mentoring over the past 10 weeks. SEE THE PHOTOS.
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The Chamber's Education & Workforce Development Council convened Thursday to address Deferred Action for Childhood Arrivals (DACA) and the urgent need to pass DREAM Act legislation at the federal level. Guest speakers Antonia Hernandez of California Community Foundation and Patty First of the Raben Group spoke on the pressing need for comprehensive immigration reform and stressed how immigration strengthens our economy. They cautioned that some legislators do not sense the urgency of DACA legislation because of President Trump's March 5 deadline to make a decision. Since the President terminated DACA on Sept. 5, approximately 122 DACA recipients lose protection every day. Every day that passes is detrimental for DACA recipients, their families, employers and our economy.
Chamber advocates for middle-income Linkage Fee exemption
Wednesday, L.A. City Council approved the Affordable Housing Linkage Fee (AHLF). At the meeting, the Chamber spoke in support of Councilman Gil Cedillo's motion requesting a study to exempt middle-income housing (for households making 120-150 percent of AMI). The Council approved the motion and the Chamber will push for a middle-income housing exemption in the final ordinance. READ MORE and VIEW THE MOTION.
Chamber shows support for permanent supportive housing
The Chamber testified Thursday in favor of the Permanent Supportive Housing Ordinance at the L.A. City Planning Commission. This ordinance will create a streamlined process that removes unnecessary barriers and red tape to create homes for our homeless community. The Chamber also testified in support of the Interim Motel Conversion Ordinance, which will allow the use of existing resources to house our homeless community while permanent housing is being built.
Chamber weighs in with conference committee on tax reform
The Chamber sent letters to House and Senate conference committee members this week with additional input on the tax reform bills Congress is working to reconcile. We urged the committee to take the Senate approach to continuing the exemption for private activity bonds and graduate tuition, and again shared our opposition to the elimination of the state and local tax deduction, which is a component of both bills. READ THE LETTER.
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Rose Bowl Bash headed to downtown L.A., Dec. 31
Dec. 31, the Bloc Plaza at Hope and 7th street in downtown L.A. will transform for the first-ever Rose Bowl Bash, celebrating college football and the annual New Year's Day Rose Bowl Game. The event is free to the public and will include family-friendly interactive games, food trucks, a Rose Bowl Game merchandise booth, photo activations, a beer garden to watch ESPN coverage and live entertainment. LEARN MORE.
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Become a Chamber Ambassador
Chamber Ambassadors help fellow members maximize their Chamber investment by encouraging member involvement and enhancing the business community's knowledge of the Chamber organization. Ambassadors meet monthly and receive many benefits, including direct access to Chamber members, complimentary access to most Chamber events, access to many exclusive networking opportunities and a whole lot of fun! If you're interested in learning more about this unique team, contact Pat Clark, 213.580.7595. BECOME AN AMBASSADOR.
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Keith S. Parker - a tireless advocate for higher education
The Chamber's Education and Workforce Development Council recognized Keith S. Parker who is retiring from the University of California, Los Angeles after 36 years of service. At UCLA, Parker provided critical leadership in engaging the local civic and business community in his role as assistant vice chancellor for Government and Community Relations. At yesterday's meeting, Parker, a Chamber board member and active Council participant, was presented with a pair of brass cufflinks worn by former L.A. Mayor Tom Bradley, another Bruin leader who left an indelible mark on this city. Congratulations, Keith!
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California State University Chancellor joins Accenture Pancakes & Politics
The Chamber's Accenture Pancakes & Politics speaker series wrapped up 2017 with California State University (CSU) Chancellor Tim White. Each year, the 23 CSU campuses produce over 100,000 graduates, the vast majority of which stay to work in California. The Chancellor discussed upcoming budget challenges, the impacts of federal tax reform, and the strides the system has made in increasing female leadership. SEE THE PHOTOS.
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The Action
Bixel Exchange's Executive-in-Residence program hosts inaugural Demo Day
Policy This Week
DREAM Act Now
Chamber advocates for middle-income Linkage Fee exemption
Chamber shows support for permanent supportive housing
Chamber weighs in with conference committee on tax reform
The Member
Rose Bowl Bash headed to downtown L.A.
The Opportunity
Other News
Thanking a tireless advocate for higher education
California State University Chancellor joins Accenture Pancakes & Politics
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