10 Nov La Mirada awarded Most Business-Friendly City
On November 7th at the 24th annual Eddy Awards®, the Los Angeles County Economic Development Corporation (LAEDC) recognized the City of La Mirada as the Most Business-Friendly City with a population under 50,000. The Eddy Awards celebrate outstanding contributions to economic development, and 600 people were present at the JW Marriot at LA Live to honor recipients and support LAEDC’s public-benefit mission to collectively advance opportunity and prosperity for all.
“This year’s Most Business-Friendly City awardees set a high bar for government leaders committed to helping employers create good jobs that help raise standards of living in their communities and across our region,” said Bill Allen, Chief Executive Officer of LAEDC.
The winners were selected by a panel of blue-ribbon judges based on the following criteria:
- Demonstrated commitment to economic development as a priority
- Programs and services designed to facilitate business entry, expansion, and retention
- Economic development activity over the past three years
- Competitive business tax rates and fee structures
- Availability of economic incentives
- Regular and effective communication with businesses
This is La Mirada’s second award as Most Business-Friendly City, having previously won in 2013. The business community has served an important role in establishing the City of La Mirada’s quality environment. Industrial and commercial centers provide the city with a diversified economic base that has remained resilient over the city’s 60 years. This strong economic base has provided important jobs, enhanced commerce, and allowed the city to provide quality programs and services necessary for creating a desirable community in which to work and reside.
Los Angeles County Economic Development Corporation (LAEDC) is collectively advancing opportunity and prosperity for all. This is achieved via collaborative economic development leadership, objective economic research and analysis, strategic assistance to business, education and government partners, and targeted public policy. LAEDC was established in 1981 as a private, non-profit, public benefit corporation.
This is an excerpt from Los Angeles County Economic Development Corporation (LAEDC) website. Click here to read the entire article.
Source & Photo Credit: Los Angeles County Economic Development Corporation (LAEDC)