Email not displaying correctly?

View it in your browser

L.A. BUSINESS THIS WEEK

June 28, 2024

Chamber Welcomes New LADWP CEO and Chief Engineer

The L.A. Area Chamber hosted a welcome reception for Janisse Quiñones, CEO and Chief Engineer of the Los Angeles Department of Water and Power (LADWP). Notable attendees included Deputy Mayor of Energy & Sustainability Nancy Sutly, LADWP Commissioners Nurit Katz, Mia Lehrer, Wilma Pinder, and Board Chair Richard Katz. The Chamber is committed to its longstanding collaboration with LADWP, aiming to ensure safe, reliable, and affordable utilities for all Angelenos.

 

Chamber Launches Get in the Game Initiative

The Los Angeles Area Chamber of Commerce, in partnership with LISC Los Angeles and the Vermont Slauson Economic Development Corporation, launched the Get in the Game Initiative. The new initiative will help local small and diverse businesses take advantage of the more than $150 billion slated to flow throughout L.A.’s regional procurement economy in the coming decade in anticipation of Los Angeles hosting global sporting events, such as the 2026 FIFA World Cup, 2027 Super Bowl, and the 2028 Olympic and Paralympic Games. Read more here.

 

City Council Budget and Finance Committee Approves Convention Center Expansion

The Chamber applauds the L.A. City Council Budget and Finance Committee for passing the Los Angeles Convention Center Expansion Project P3 Agreement which will fund renovations in time for the 2028 Olympics. The Expansion Project will next be presented to the City Council on July 2. The Chamber continue to advocate for funding and keep membership updated on the status of the Convention Center. Read our statement here.

 

LA28 Unveils Updated Venue Plan

The organizing committee for the Los Angeles 2028 Olympic and Paralympic Games unveiled an updated venue plan focused on utilizing existing stadiums and arenas instead of building new ones. LA28 highlighted that the revised plan will generate over $150 million in combined new revenue and cost savings.

 

POLICY & ADVOCACY

Governor Newson Delivers State of the State Address

Governor Gavin Newsom delivered the 2024 State of the State address on Tuesday, June 25. The speech focused on his Administration's efforts to target significant issues such as public safety and homelessness. View the recorded address here.

L.A. Board of Supervisors Places Half-Cent Sales Tax on November Ballot

The Los Angeles County Board of Supervisors approved a motion to place the "Homelessness Services and Affordable Housing Transactions and Use Tax Ordinance," known as Measure A, on the November 2024 ballot. If approved, Measure A would increase the expiring quarter-cent sales tax to a half-cent. While the Chamber consistently supports initiatives addressing housing affordability and homelessness, it opposes the current ballot measure due to the absence of a sunset clause, inadequate accountability provisions, and the lack of a fiscal impact study. Read our statement.

GLOBAL ENGAGEMENT

Chamber Joins Select LA Investment Summit hosted by World Trade Center and LAEDC

The Chamber was excited to join the 2024 Select LA Investment Summit hosted by the World Trade Center Los Angeles and the Los Angeles County Economic Development Corporation. The Summit provided international and local companies with a comprehensive understanding of the region’s investment ecosystem with actionable insights that can guide key business decisions.

COMMUNITY COLLABORATION

Economic Mobility Initiative

The Economic Mobility Initiative (EMI) provides small business owners, entrepreneurs, and nonprofits with tailored support that helps them thrive and build generational wealth at no cost. The Los Angeles Area Chamber of Commerce Foundation is a proud partner in this initiative, offering training for small businesses in securing local, state, and federal contracts and certifications through the OneLA Inclusive Procurement program. Learn more here.

Topanga Business Interruption Fund

L.A. County has announced the commencement of the Interruption Fund in the Topanga area. This initiative is designed to support qualified businesses that have experienced a significant impact by the loss of customer support and business revenue due to the Topanga Canyon road closure with grant awards of up to $10,000. For more information, visit here.

City of Riverside Small & Micro Business Resiliency Grant Program- Round Three

The Riverside Small & Micro Business Grant Program aims to bolster local small business resilience through grants of up to $25,000 for eligible businesses. Applicants will also receive a free two-hour, one-on-one Business Resiliency Consultation. This consultation helps identify areas for improvement and develops tailored strategies to enhance financial stability, long-term sustainability, and overall success.

CHAMBER BUSINESS NEWS

Deputy Mayor Sutley Joins LADWP Reception

Nancy Sutley, Deputy Mayor of Energy and Sustainability for the City of Los Angeles, delivered remarks at a Chamber-hosted welcome reception on Wednesday, June 26, for Janisse Quiñones, LADWP's new CEO and Chief Engineer.

MEMBER SPOTLIGHT

 

New Member

Member Anniversaries

COUNCIL MEETINGS & EVENTS

Small Business Summit

Wednesday, July 10, 8:30 a.m.
COMMUNITY EVENT


Join us at the Small Business Summit to connect with industry leaders, discover innovative solutions, and gain insights to propel your business forward. Learn how to harness the potential of artificial intelligence (AI) and access essential resources to enhance your business's success.

State of L.A. Business

Thursday, August 8, 8:30 a.m.
COMMUNITY EVENT


Join us at the State of L.A. Business event to explore how businesses and infrastructure collaborate to drive growth in the L.A. region. The program will address business needs and the essential infrastructure required to shape the future.

Los Angeles Area Chamber of Commerce
350 S. Bixel Street
Los Angeles, CA 90017

Forward to Friend

Copyright © %%current_year_YYYY%%, All rights reserved.

Privacy Policy   Manage Subscription Preferences