Los Angeles – The Los Angeles County Economic Development Corporation’s (LAEDC) Business Assistance Department has secured a number of Layoff Aversion grants from the Southeast Los Angeles County (SELACO) Workforce Investment Board, South Bay WIB, Southeast Area Social Services Funding Authority, Pacific Gateway Workforce Investment Network and most recently the City of L.A. WIB.
Through this funding, the LAEDC, in partnership with local communities, workforce investment partners, employers, and workers, will assist small and medium-sized businesses explore alternatives to layoffs through human resource solutions. The LAEDC’s team of professionals offers confidential, free-of-charge information and assistance to large and small, domestic and international businesses in the manufacturing, distribution and service industries.
•Private, confidential in-person needs assessment and coordinated business retention and sustainability efforts through one of its partners, the Valley Economic Alliance;
•Job placement and training assistance through the City of L.A. WIB;
•Rapid response services for recently terminated employees;
•Lean manufacturing programs through the California Manufacturing Technology Consulting;
•Assistance in accessing public financing programs (local, state and federal) and Industrial Development Bonds through the Valley Economic Development Center.
About LAEDC (www.LAEDC.org)
The Los Angeles County Economic Development Corporation (LAEDC), the region’s premier business leadership organization, is a private, non-profit organization established in 1981. Its mission is to attract, retain, and grow businesses and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped retain or create more than 162,000 jobs, providing $8 billion dollars in annual economic impact and more than $130 million dollars in annual tax revenue to support local government and schools.
[Editors Note: For media interviews please contact: Aida Mayo or George McQuade @ MAYO PR 818-340-5300 or 818-618-9229PR@mayocommunications.com.]