exterior of the Portside Used Truck Sales Company in San Pedro
The Harbor Region BusinessSource Center helped entrepreneur Artemio Benitez obtain a $414,000 Small Business Administration loan (SBA) for his business Portside Used Truck Sales, Inc., providing him cash flow that allowed him to hire 10 new employees.

Artemio approached the Harbor BusinessSource Center requesting a $400,000 short term loan to purchase inventory and pay off his high-cost credit. The Harbor Region BusinessSource conducted a financial analysis and determined that bypassing Artemio’s current credit line with a Small Business Administration loan would increase the profitability of each Portside transaction by approximately 30 percent, increasing profit margins, and allow the business to expand at a much faster rate.

Jan Perry, General Manager of the Los Angeles Economic and Workforce Development Department from 2013 through 2018
When Angelenos ask “What is the mission of the Economic and Workforce Development Department?” my answer is three key words – Jobs, Youth, and Business.

EWDD is an interconnected system of 14 YouthSource, 16 WorkSource Centers and nine BusinessSource Centers. Strategically located in LA’s underserved neighborhoods, this network of centers provides a wealth of resources designed to give Angelenos – youth, job seekers and entrepreneurs – an opportunity for success.

EWDD General Manager Jan Perry (center left) holds up a certificate of appreciation from Mayor Eric Garcetti presented by Chief of Staff Ana Guerrero (center right) at her going away festivities on December 18, 2018
EWDD staff gathered for a Parisian-themed celebration on Tuesday December 18, 2018 to bid au revoir to General Manager Jan Perry, who is completing her tenure effective December 31, 2018.

Mayor Eric Garcetti’s Chief of Staff Ana Guerrero presented a certificate to Jan on behalf of the Mayor and thanked her for her five years and six months of leadership. Longtime colleagues including General Managers from other departments and EWDD retirees also attended the party.

Central West Region Business Loan Counselor Phuong Le (left) helped Jean Kwon (right), owner and operator of the JK Law Firm obtain a $100,000 SBA loan
The Central West Region BusinessSource Center helped Jean Kwon, Esquire, owner and operator of the JK Law Firm obtain a $100,000 Small Business Administration Community Advantage loan, infusing her firm with working capital for seven new critical pending lawsuits and paving the way to create two new jobs.

Jean obtained her Juris Doctorate in 2002 from the University of La Verne and has owned and operated JK Law Firm since 2008.

external picture of the Happier Camper travel-trailer rental business
The South Valley BusinessSource Center (BSC) helped entrepreneur Derek May, founder and owner of the Happier Camper travel-trailer rental business, qualify and receive a $1,113,200 business term loan and $100,000 line of credit to expand and hire up to 20 new employees.

In 2010, Derek started a business that provides opportunities for customers to rent new and restored vintage, ultra-light trailers with an emphasis on camper-friendly design, utility, and flexibility. As demand grew, Derek launched Happier Camper in 2014 where he began designing and manufacturing his own trailers.

LA:RISE participant Denise, the first female driver for CRCD Enterprises
LA:RISE participant Denise was facing financial hardship while dealing with the loss of her father and brother, when a friend told her about EWDD partner Coalition for Responsible Community Development (CRCD), which offers educational services and job services, including a partnership with the LA:RISE, Los Angeles Regional Initiative for Social Enterprise, program.

Denise completed her application and interviewed for a position as a driver.

Clayton's Public House main window
The West Valley BusinessSource Center (WVBSC) provided technical assistance, and over the course of several years, helped entrepreneur Elizabeth Peterson-Gower obtain a $650,000 loan to open Clayton’s Public House, a Victorian style pub in the Spring Arcade Building, a Los Angeles Landmark Building in Downtown Los Angeles’ (DTLA) Historic Core.

The establishment retained two jobs and created 45 jobs.

A dozen youth from five of the City’s YouthSource Centers gathered at the USC Community Room on Saturday December 1, 2018 for a two-hour interactive entrepreneurship seminar on how to build their dream business
A dozen youth from the Central Los Angeles, East-South Los Angeles, South-Crenshaw, and North Valley YouthSource Centers attended an Entrepreneurship Seminar on Saturday December 1, 2018.

Held at the University of Southern California Community Room, the seminar was a two-hour crash course on how to build your dream business.

Jason Lautenschleger and Barry McLaughlin, owners of Barry & Jason Games and Entertainment, pose with one of their products - Game Night in a Can
The Hollywood BusinessSource Center (BSC), run by EWDD partner MCS, recently helped start-up entrepreneurs Jason Lautenschleger and Barry McLaughlin obtain a $125,000 working capital loan for their board game company, “Barry & Jason Games and Entertainment.”

The loan allowed them to develop a board game that became a “Game of the Year” finalist and hire two new employees.

A Box Pack & Ship employee packages an antique chair for shipping
In 2016, EWDD awarded a contract to Concerned Capital, a mergers and acquisition firm based in LA’s downtown Arts District that specializes in helping employee/ownership buy-outs in small businesses, as part of a pilot program to use Layoff Aversion funding to transition company ownership from retiring owners to long term employees.

As part of their contract, Concerned Capital worked directly with three retiring Los Angeles small businesses owners, including a print shop and a bakery, helping them transition their businesses by selling to one or several of their employees, thus saving jobs and ensuring the business remained open.

(left) EWDD Assistant Chief Grants Administrator Jackie Rodriguez and EWDD Senior Project Coordinator Vanessa Willis assist female small business owners at LA’s Women’s Entrepreneurship Day
More than 200 female business owners visited EWDD’s Business Advancement Team (BAT) booth at LA Women’s Entrepreneurship Day Celebration on November 19, 2018.

The event was held by Mayor Garcetti's Office of Economic Development.

Brian (center, standing) and Christopher (left, seated) pictured with their Creek Wildfire restoration crew funded through the National Dislocated Worker Grant
The City of Los Angeles Economic and Workforce Development Department received a National Dislocated Worker Grant (NDWG) in 2018 to employ crews of workers to help with the cleanup of areas affected by the December 2017 wildfires in Sunland-Tujunga, Sylmar and Sun Valley.

The grant provides temporary employment to workers and residents impacted by the wildfires, and also gives an opportunity for long-term unemployed individuals, including ex-offenders, to get back on their feet.

The Hollywood WorkSource Center, run by EWDD contractor MCS, assembled six active crews with four employer partners and is currently working at sites affected by the 2017 Creek Fire.