LOS ANGELES, CA – East Los Angeles is the densest unincorporated community in the County of Los Angeles, with diverse commercial and retail corridors, growing consumer markets, and infrastructure investment opportunities. To support and make the most of these unique advantages, today the Board of Supervisors approved a motion authored by Los Angeles County Supervisor Hilda L. Solis that establishes an East LA Entrepreneur Center at Centro Maravilla Community Center.
“The new East LA Entrepreneur Center at Centro Maravilla will support local small businesses, building essential connections to services, and capital that they need to thrive,” said Supervisor Solis. “Combined with my other effort today to launch a Countywide microloan program, this new Entrepreneur Center is an essential part of my ongoing commitment to support local small businesses and our communities, ensuring support and empowerment to those who need it the most. It is my hope that this effort is replicated in other communities in LA County.”
The East LA Entrepreneur Center will provide a comprehensive menu of resources and services to entrepreneurs and local businesses. The East LA Entrepreneur Center will support new and existing local businesses through business development, access to capital, mentoring, credit repair, technical assistance, and support navigating the County system. Programming and materials will be delivered in a culturally- and linguistically-appropriate manner, empowering entrepreneurs and micro and small businesses while helping to cultivate community success, prosperity, and economic sustainability.
The LA County Department of Consumer and Business Affairs (DCBA), which is dedicated to creating a vibrant marketplace with successful micro and small businesses as the foundation of economic development, will partner with the Small Business Administration’s Small Business Development Centers (SBDC), Leadership for Urban Renewal Network (LURN), SCORE, Bet Tzedek Legal Services’ Small Business Development Project, and others. County Departments, such as the Community Development Commission (CDC), Regional Planning (DRP), Public Health (DPH), Public Works Building and Safety (DPW), and Workforce Development, Aging, and Community Services (WDACS), will also provide vital supportive services.
Earlier today, the Board of Supervisors approved another motion authored by Supervisor Solis to launch a Countywide microloan program. Once launched, this microloan program will be available at the East LA Entrepreneur Center.
LA County currently plans to open the East LA Entrepreneur Center to the public by early 2020.
Last month, the Board of Supervisors approved Supervisor Solis’ investment of $671,000 for revitalization of the Centro Maravilla Service Center, including the building of this new East LA Entrepreneur Center, and $300,000 to be used for economic and community development programming.