Sonya Blake, President & CEO, TheValley.net, sblake@economicalliance.org

we have had several local manufacturers receive the CA compete tax credit - good for companies investing in capital, buildings or people

is the cA relief program be retroactive to costs associated with recent covid pandemic shutdowns - LA county businesses have been hit hard Dec - to present

is there an expiration date for sales Tax Exempt credit?

we have had a lot of problems with the retroactive sales tax due to the quarterly reporting with sales & use board

California Comeback Guide: https://static.business.ca.gov/wp-content/uploads/2021/12/GO-Biz-California-Comeback-Guide-1-13.pdf

quick note - for many of our small / medium businesses they don't know to give their accountants the costs associated (can be somewhat estimated) for their time and expenses (these should have receipts) for process changes (ie new layouts, process training, etc) for that R&D tax credit. if you don't tell the accountants they are not necessarily asking these companies for the data. Not bad accounting service, they just rely on clients knowing the details in their business

I just made a note to reach out to my accountant. Thank you Kathy

Economic Development Rate with Edison: https://www.sce.com/sites/default/files/inline-files/EDR%20Fact%20Sheet.pdf

If you’re struggling, enroll in the Business Assistance ProgramTo get help applying for grants and other business assistance, enroll in our Business Assistance Program by completing this Intake Form: https://forms.gle/oETDQ8fXp6V8VW8EA

Next event: 2/9 Government Funding to Build Your Team and 2/17 The Big Impact of Tiny Homes. Valley of the Stars Gala on 4/8, our next in person event, a great opportunity to meet celebrities and high net worth individuals, Join us! TheValley.net/Events

Thank you everyone! This was very helpful. I need to hop off now.,

Thank you for joining us for Next Level Growth and you are invited to stay on for our Economic Development Committee meeting at this time

Thank you for all the insights, will sign up for 2.17.22 meeting. thanks again

As are many businesses, San Fernando Community Health Center is experiencing extreme issues with workforce; attracting and retaining, particularly support staff.

Audrey, some of my clients in the valley are going to churches and the san Fernando facebook jobs facebook page to find local people that may like to work locally. it can be a better chance for some support staff

Thank you. I will put that on our HR radar going forward.

LAEDC Economic Forecast https://laedc.org/economic-forecast-2022/

thank you, Shannon!

Hi Everyone,

Attend the LAEDC Economic Forecast https://laedc.org/economic-forecast-2022/San Fernando Valley Business Journal/Cal Lutheran Forecasthttps://www.eventbrite.com/e/2022-the-valley-economic-forecast-breakfast-tickets-244088825247If you’re struggling, enroll in the Business Assistance Program. To get help applying for grants and other business assistance, enroll in our Business Assistance Program by completing this Intake Form: https://forms.gle/oETDQ8fXp6V8VW8EATheValley.net/Events

Great presentations today. Thanks to Tre and Shannon. I have to get ready for a call at 11:30. Have a great weekend. Paul

Join us for additional programs soon TheValley.net/Events