Ventura and Santa Barbara counties are among the nation’s leaders in agricultural exports, both have high concentrations in high tech sectors that are globally distributed, yet too few firms optimize global markets and there is extraordinary opportunity for innovation and growth. The goal of the EDC’s World Trade Center Initiative is to encourage expansion of world trade activities in Ventura and Santa Barbara Counties, to foster greater business participation in world trade and to increase international business to the region. Learn more
An enormous amount of research and data shows that investing in early child education pays some of the highest returns on investment, for educational achievement, for lifelong earnings and productivity, and for the avoidance of social costs relating to poverty and criminal justice–all of which impact economic vitality. EDC creates access to capital for new child care centers. In partnership with and funding from First Five Ventura County, the EDC operates a loan program that gives entrepreneurs access to the capital needed to create or expand preschools and childcare centers. Learn more
Broadband is essential infrastructure for cities and communities. Having high speed internet connectivity has a major effect on business growth, retention and attraction. Key activities of the initiative include an assessment of the region’s broadband infrastructure, outreach and education for improving leadership and stakeholder awareness of the need for investment in fiber resources, advocacy for the adoption of local policies that facilitate broadband deployment, and the identification of gaps in service and solutions for closing them. Learn more
Most new net job growth is generated by entrepreneurship. Supporting entrepreneurship and building resources for business success are indispensable elements of the regional economic development strategy. The EDC working with the Scheinfeld Center for Entrepreneurship & Innovation, serves as a hub for entrepreneurial development at Santa Barbara City College (SBCC) and throughout the Santa Barbara region. Goal of the EDC’s partnership with the Scheinfeld Center is to enhance the capabilities of both the EDC and the Scheinfeld Center, strengthening outreach and service delivery to Santa Barbara area entrepreneurs. Learn more