SCV News | Santa Clarita wins third prize for most business-friendly city

Uploaded: , Wednesday Nov 16, 2022

With press release

Last Thursday evening, the Los Angeles Economic Development Corporation recognized the city of Santa Clarita as the most business-friendly city in Los Angeles County with a population greater than 60,000, along with the city of Gardena.

El Segundo was named the winner for cities with populations of less than 60,000. Tom Cole and Monica Fawcett of the city’s economic development department accepted the award on behalf of the city at the LAEDC’s 27th Annual Eddy Awards at SoFi Stadium.

The Eddy Awards® are one of the most prestigious awards programs to recognize economic development leadership in business and government throughout Los Angeles County. Celebrate Los Angeles County’s outstanding public and private leadership in economic development with the Most Business Friendly City award and recognition of honorees who demonstrate outstanding contributions to economic development in the region.

“Santa Clarita has always been known as one of the most business-friendly cities in the state,” said Holly Schroeder, president and CEO of the Santa Clarita Valley Economic Development Corporation, who was also in attendance. “Santa Clarita leaders recognize the importance of a strong and diverse economy to protect and enhance the quality of life of SCVs. As our economic development partner, SCVEDC is thrilled that the City of Santa Clarita has received this honor.”

The city was a winner of LAEDC’s Award in 2008 and 2016, and a finalist in 2006, 2007, 2014, 2015, and 2021. In 2018, we also won Most Business-Friendly City in Los Angeles County by the Los Angeles County Business Federation in their annual survey, which is a snapshot of the top issues of concern in the Los Angeles County business community.

The Kosmont-Rose Institute’s 2018 Cost of Doing Business survey also ranked Santa Clarita among the best cities in Southern California. Ranks were based on city and county taxes, fees, and other demographics. Santa Clarita has been recognized as a low-cost city due to its low property tax rates, no service taxes, and many other business advantages over nearby cities such as Burbank, Glendale, Pasadena, and Los Angeles.

The City of Santa Clarita commented in a press release how its “…partnerships with the Santa Clarita Valley Economic Development Corporation, the Santa Clarita Valley Chamber of Commerce, the Valley Industry Association, the Small Business Development Center, and the College of the Canyons help attract and retain thriving businesses with a mission to increase jobs and continually improve the community.In addition, these partnerships help advocate and support the needs of local businesses through job fairs, training, webinars and many other resources “.

“It is an honor to be recognized by the LAEDC as the most business-friendly city in Los Angeles County,” said Mayor Laurene Weste. “This award is a testament to the strength of our business community and the city’s strategic partnerships with local business organizations[…]. I couldn’t be more proud of how our community has come together since the pandemic to support our local businesses and ensure that our businesses, large and small here in Santa Clarita, continue to thrive.”

Our valley continues to be the ideal place for companies to do business, with excellent access to state-of-the-art facilities, workforce and markets, with an unrivaled quality of life. All this is possible when you have a region that actively collaborates with different businesses and organizations, dedicating a myriad of resources to ensure the success of its employers, as well as the employees who live and work here.

To learn how your business can thrive in the business-friendly Santa Clarita Valley, download our incentive and resource guide today.

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