Baldwin Park Honored as Finalists in 2012 Business-Friendly City Competition
August 20, 2012 • 575 views
Baldwin Park, CA — The Los Angeles County Economic Development Corporation (LAEDC) today announced the finalists for its 2012 Most Business-Friendly City in Los Angeles County award.
One winner from each category will be announced live at the 17th Annual Eddy Awards® on Thursday, November 8rd, at the Beverly Hilton in Beverly Hills.
The finalists were selected based on the following criteria:
o Demonstrated commitment to economic development as a priority
o Excellence in programs and services designed to facilitate business entry, expansion, and retention
o Economic development activity over the past three years
o Competitive business tax rates and fee structures
o Availability of economic incentives
o Effective communication with and about business clients
Each of the finalists has created a business-friendly environment that encourages businesses to locate or expand in their respective communities.
Baldwin Park’s economic efforts have been focused on creating opportunities, improving quality of life, and attracting new industries and businesses to the City. The City is an ideally located near the I-10, I-605, and I-210 Freeways, with close proximity to major
educational institutions and access to a diverse, educated labor force. Baldwin Park is a full-service City and is committed to excellent customer service, with efficient City staff, a streamlined license and permit process to meet customer’s timelines and relatively low property tax, utility user tax, and transient occupancy tax rates. City staff meets with businesses to offer assistance and connect them with business resources, promotes businesses in the City’s quarterly newsletter, and offers a low-interest loan for inventory or equipment purchases, business expansion, business improvements, and working capital. In collaboration with local and state partners, the City has hosted five job fairs during the last four years in an effort to reduce unemployment and to create jobs. Innovative public safety programs have kept Baldwin Park one of the safest cities in the San Gabriel Valley. The City’s website is updated continuously and the City’s quarterly newsletter, promoting new business openings, major City events, projects, seminars/workshops, activities, recreational activities, and programs is sent to all businesses and residents. The City’s Economic Development Strategies are highlighted in its General Plan and focus on maintaining economic competitiveness, diversifying the City’s job base, revitalizing targeted areas, improving general fund revenues and improving public services and infrastructure. Through the Gateway Cities Council of Governments, Baldwin Park supported the LA County Strategic Plan for Economic Development, led by the LAEDC. This is the first year Baldwin Park has been a finalist for the “Most Business Friendly City in LA County” award.