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L.A. BUSINESS THIS WEEK

July 26, 2024

Voters to Weigh in on 10 Ballot Initiatives

In November, voters will decide on 10 important propositions on the ballot, including borrowing $20 billion for climate programs and school construction, approving three state constitutional amendments, and efforts to address complex issues like crime, healthcare, and taxes. Over the next several months, the Chamber will review these statewide ballot measures and several local initiatives, including governance proposals from the City of L.A. and L.A. County.

 

Councilmember Traci Park Speaks With Chamber

L.A. City Councilmember Traci Park joined the L.A. Area Chamber's Pancakes and Politics series this week and shared insights on a variety of topics impacting the City of Los Angeles, the preparations underway for several upcoming global sporting events including the 2028 Olympic and Paralympic Games.

 

Get In The Game Featured at Latino Chamber Expo

The Los Angeles Latino Chamber of Commerce (LALCC), who facilitates economic structures and policy initiatives to empower Latino business development, welcomed nearly 1,000 guests to its 2024 Business Expo. The event convened experts from the public and private sectors. L.A. Area Chamber President & CEO Maria S. Salinas joined LALCC Chairman Darrell Sauceda for a fireside chat to discuss the Get In The Game Initiative, highlighting the nearly $150 billion in procurement opportunities for businesses as Los Angeles prepares to host major global sporting events.

 

LAUSD Superintendent Highlights Progress in Annual Address

Los Angeles Unified School District (LAUSD) Superintendent Alberto Carvalho delivered his annual address before the start of the new school year. He highlighted a rise in English Language and Math test scores for the 2023-24 academic year, signaling a recovery from the COVID-19 learning gaps. The new school year, starting on August 12, will introduce several initiatives: a mentorship program for male students of color, a partnership with USC to enhance digital literacy and new workforce education programs for adults. Carvalho also shared information about the new Principal's Academy and the launch a training program to help adults learn new and emerging technologies at the Port of Los Angeles.

 

POLICY & ADVOCACY

Chamber Reacts to Crime Stats, Prioritizes Business Safety Measures

A recent statewide crime statistics report by the California Department of Justice found that reported violent crimes rose slightly by 3.5%, while reported property crimes slightly declined by 1.6%. The Chamber will continue to monitor and engage in efforts to address public safety, particularly issues impacting businesses, such as retail theft and organized retail crime.

Chamber Discusses Next Steps for Convention Center Expansion

City Administrative Officer Matt Szabo joined the Chamber's Travel, Tourism and Sports Policy Council this week to discuss important next steps for the Los Angeles Convention Center Expansion Project. Chamber members can join the next Travel, Tourism, and Sports Council occurring on September 25. View upcoming Chamber events here.

GLOBAL ENGAGEMENT

Chamber Joins Port of Long Beach's ZEERO Roundtable

The Chamber joined the Port of Long Beach’s ZEERO Roundtable & Collaborative meeting on July 23. Under its Zero Emissions, Energy Resilient Operations Program, known as ZEERO, the Port of Long Beach presented its Pier Wind project, which will allow for the assembly of the world’s largest floating offshore wind turbines standing as tall as the Eiffel Tower. Members of the community were invited to provide feedback and comments.

Join the California Pavilion at the China International Import Expo

The Bay Area Council is hosting the California Pavilion at the upcoming China International Import Expo (CIIE) in Shanghai, November 5-10. California companies are invited to exhibit the best of the region’s food and agricultural products in China this year. The California Pavilion will be prominently positioned in the heart of food and agricultural products zone – the most visited zone of the exhibition. Learn more about the expo here.

COMMUNITY COLLABORATION

Caltrans Procurement & Training Opportunities

Join us on Wednesday, August 21, for a presentation by Caltrans on their support services programs aimed at recruiting minority, disadvantaged, and women-owned businesses for projects. The session will also cover workforce development and on-the-job training opportunities for underserved populations seeking skills and training in various highway construction trades. Register here.

BuildLACCD: Networking Forum

Join Los Angeles Cleantech Incubator for an exclusive opportunity to meet Pre-Qualified Service Provider (PQSP) prime contractors. These gatherings are ideal for mall construction subcontractors aiming to bid on projects ranging from $25K to $5M. Connect with major primes involved in BuildLACCD projects, showcase your firm, and share your expertise. Enhance your understanding of the pre-qualification process with both PQSP primes and larger contractors. Secure your spot, and register today.

California Competes Tax Credit Webinar

California Competes is hosting a Tax Credit Webinar on August 1. This informative session will provide an overview of the program, discuss the evaluation criteria, and guide you step-by-step through the application process. Detailed application instructions, FAQs, and other technical documents, including the presentation slides, are available at California Competes Resources. Don't miss this opportunity to gain valuable guidance on applying for this important tax credit. Sign up here.

CHAMBER BUSINESS NEWS

LA84 Celebrates 40 Years

The LA84 Foundation is marking the 40th anniversary of the 1984 Olympic Games, an event that profoundly influenced Los Angeles and continues to inspire communities globally. To celebrate this milestone, the foundation hosted a special gala, unveiled the LA84 Foundation Square, and introduced the new LA84 Eternal Flame exhibit. Discover more about the LA84 Foundation here.

MEMBER SPOTLIGHT

ASU President Receives Brock Prize for Education Innovation

Congratulations to Dr. Michael M. Crow, President of Arizona State University (ASU), on being named the 2024 Brock Prize in Education Innovation Laureate. This prestigious award recognizes his significant contributions in the field of education. Each year, the prize honors individuals whose groundbreaking innovation or contributions have made a notable impact on education. Learn more here.

 

New Member

Member Anniversaries

COUNCIL MEETINGS & EVENTS

State of L.A. Business

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


Join us for the State of L.A. Business 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.

Government & Fiscal Affairs Council

Tuesday, August 13, 10:00 a.m.
MEMBER ONLY EVENT


Join the Government & Fiscal Affairs (GFA) Policy Council to hear presentations on ballot measures that have qualified for the November election.

Member Orientation

Thursday, August 15, 3:45 p.m.
MEMBER ONLY EVENT


Our member orientation is open to all new members and new staff of existing members. It is designed to equip you with the tools to maximize your Chamber membership and highlight the resources available to enhance your business.

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

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