OVERVIEW OF EALI ECONOMIC DEVELOPMENT PROJECTS

Presentation to EALI Economic Development Working Group

9.30.2014

Susan McCue, Economic Development Manager Economic & Civic Development Department

Alameda County Community Development Agency

EALI WORKING GROUP

In June 2014, the EALI Economic Development Working Group selected Project 1 with 12 votes:

Project 1 – Support business creation, retention & entrepreneurship

Staff is also focusing on two other projects

Project 3 (10 votes) Develop vacant/underutilized sites by attracting good quality businesses

Project 2 (1 vote) Create a Working Group to explore policies &

procedures to make the County more business friendly

EALI WORKING GROUP

KIVA ZIP Micro-loan Program Up to $5,000, 0% interest loans Crowd Funded – Everyone contributes small amounts until funds are raised Designed to launch small businesses

Example

PROJECT 1 Business Creation Retention Entrepreneurship

SBDC Partnership Workshops 5 Alameda County Sponsored 1 each in Cherryland, Ashland, San Lorenzo & Castro

Valley

100 hours of County-funded one-on-one business counseling for entrepreneurs and small business owners w/ SBDC

PROJECT 1 Business Creation Retention Entrepreneurship

Working with the Alameda County Workforce Investment Board to help residents & employers meet job training needs

PROJECT 1 Business Creation Retention Entrepreneurship

Actively exploring incubator options (food, tech, etc.)

Refer businesses to Alliance for Community Development, SBA and other financing/business training resources

ACD Link Reach out to Cal State East Bay to

collaborate on entrepreneurial training

PROJECT 1 Business Creation Retention Entrepreneurship

Updating ECD website to market “Eden Area Open for Business”

Market available commercial properties Property Search Loopnet

Work w/ commercial brokers

Pursue fiber optics (LIT Eden)

Marketing Vacant & Underutilized Sites

PROJECT 3

Marketing former RDA sites:

PROJECT 3

20895 Mission Blvd 16640 E. 14th Street

Marketing Vacant & Underutilized Sites

ECD Working Group will develop policies & procedures to make the County “more business friendly”

Working Group will be represented by: County Agencies Boards & Commissions CV/Eden Chamber Developers Commercial Brokers & Property Mgrs

Create A Working Group PROJECT 2

10 meetings maximum

Working Group will map out the issues, identify the “fixables”, and develop recommended strategies (the “fixes”)

Create A Working Group PROJECT 2

EVENTS

Ashland/Cherryland: Healthy Communities Collaborative Fall 2015

San Lorenzo Halloween Parade (10.25)

Castro Valley Meet in the Street/Light Parade (11.15)

Annual Events Showcasing Each Community