Riverside County Office of Economic Development -Business Resource Guide

In this guide, we will share Federal, State, and local business incentives, employee training, business assistance, financial assistance and other resources that can help establish or grow your business in Riverside County.

1

The Riverside County Office of Economic Development department has been established to provide the highest level of service to our customers, businesses, patrons and residents. Riverside County Office of Economic Development is committed to fostering economic vitality, to preserve and enhance neighborhoods, to improve the quality of life and to promote learning for all residents of Riverside County. Through a wide range of economic development programs, the department is dedicated to creating a system for responsible economic growth in the unincorporated regions as well as with city partners. Riverside County Office of Economic Development is the rigorous combination of knowledge and method to successfully deliver these public services to the businesses and residents of Riverside County. In this guide, we will share federal, state, and local business incentives, employee training, financial assistance, resources, and other business assistance to help establish or grow your business in Riverside County.

Last Updated: September 3, 2024

3

37 43 TABLE OF CONTENTS

5

Why Riverside County 6....Riverside County Leading Clusters 7....Riverside County Map Doing Business in Riverside County

Regional Higher Education

Resources - Online Information 44....Key Contacts 48....State of California Contacts 49....Utilities Contacts 50....Regional Economic Development Agencies 50....Business Assistance Organizations

8 9 19

Cities in Riverside County

Local Programs, Incentives, Financing 20....Programs 22....Utility Incentives & Financing

51....Colleges and Universities 53....Cities in Riverside County 55....Chambers of Commerce 57....Tribal Governments

24

State Programs, Incentives, Financing & Green Resources

25....Programs 26....Incentives 27....Financing 29....Green Resources

Federal Programs, Incentives, Financing & Green Resources 32....Programs & Incentives 34....HUB Zones & Opportunity Zones 35....Financing 36....Private Financing & Green Resources

31

4

WHY RIVERSIDE COUNTY?

REGIONAL ADVANTAGES

The options are limitless in this 7,200 square mile county that stretches from its western border adjacent to Orange County and the Colorado River at the eastern border adjacent to the Arizona border. Riverside County is the 4 th most populated county in the state of California out of 58 counties and is about the size of New Jersey. 2022 estimates show that Riverside County has approximately 2,430,976 residents and that it’s one of the fastest growing counties in the U.S. with a 0.5% population growth from the previous year. Connected to five major freeways, Riverside County offers accessibility throughout the region. Interstate 10 traverses the entire county from east to west, connecting businesses to Los Angeles and Phoenix. Interstates 15 and 215 connect Riverside County with San Diego and San Bernardino Counties. Both Highway 60 and 91 link Riverside County to Los Angeles and Orange Counties. Highway 86, which is east of the Coachella Valley, is part of a trade corridor providing easy access to Imperial County and Mexico. Riverside County is served by BNSF, Southern Pacific and Union Pacific Railroads. Rail service connects Riverside County businesses with important markets, (Source: State of California Department of Finance 2023)

ports of entry, and key airports to expedite major national and international commerce transactions. There are 12 airports within Riverside County, and the County is served by 17 airports . Major air hubs include Ontario International Airport, serving western Riverside County with quick and easy access, and the Palm Springs International Airport serving the eastern part of the county. The Jacqueline Cochran Regional Airport also serves the Coachella Valley with easy access and the capabilities of bringing in Boeing Business Jet 737. The March Inland Port addresses the growing need for economical air cargo services.

The county is 67% more diverse than the national average for an area the size of our county. Source: Lightcast 2023

67%

5

2024 Riverside County Industry: Business Establishments and Employment

Riverside County Industry

Businesses

Employees

Agriculture, Forestry, Fishing & Hunting

484

4,849

Mining Utilities

47 88

208

3,044 41,519 44,140 28,719 111,380 18,039 4,029 3,106 11,508 20,972 7,782 2,830 6,897 9,326 26,891 13,526 10,396 17,027

Construction Manufacturing Wholesale Trade

6,065 2,561 2,180 9,923 1,448

Retail Trade

Motor Vehicle & Parts Dealers

Furniture & Home Furnishings Stores Electronics & Appliance Stores

584 354 959

Building Material & Garden Equipment & Supplies Dealers

Food & Beverage Stores

1,371

Health & Personal Care Stores

907 450

Gasoline Stations

Clothing & Clothing Accessories Stores Sport Goods, Hobby, Book, & Music Stores

1,144 1,683 1,023 1,834 1,229 3,101 1,121 1,026 4,111 6,281 1,352 2,677 1,722 5,765 1,577 5,748 5,182 8,980 1,960 1,087 954 176 566

General Merchandise Stores Transportation & Warehousing

Information

Finance & Insurance

Central Bank/Credit Intermediation & Related Activities

8,166 3,834 5,027

Securities, Commodity Contracts Funds, Trusts & Other Financial Vehicles

Real Estate, Rental & Leasing

23,529 39,049

Professional, Scientific & Tech Services

Legal Services

6,212

Management of Companies & Enterprises

662

Administrative & Support & Waste Management & Remediation

19,241 56,101 75,942 28,176 88,819 14,232 74,587 49,236 8,909 50,893

Educational Services

Health Care & Social Assistance Arts, Entertainment & Recreation Accommodation & Food Services

Accommodation

Food Services & Drinking Places

Other Services (except Public Administration)

Automotive Repair & Maintenance

Public Administration

Unclassified Establishments

8645

2,673

Total

74,281

709,129

Source: Esri, February 22, 2024

6

RIVERSIDE COUNTY MAP

1. Jurupa Valley 2. Eastvale 3. Riverside 4. Norco 5. Corona 6. Perris

7. Canyon Lake 8. Lake Elsinore 9. Wildomar

13. Moreno Valley 14. Calimesa 15. Banning 16. Beaumont 17. San Jacinto 18. Hemet

19. Desert Hot Springs 20. Cathedral City 21. Palm Springs 22. Rancho Mirage 23. Palm Desert

24. Indian Wells 25. La Quinta 26. Indio 27. Coachella 28. Blythe

10. Murrieta 11. Temecula 12. Menifee

Thousands of acres of land for industrial development coupled with an expanding workforce makes Riverside County an advantageous location for business relocation or expansion. According to CoStar, the Inland Empire is one of the nation's largest and fastest-growing industrial markets. Proximity to nearly 20 million residents living in the Southern California region makes Riverside County an ideal location to build new warehouses and distribution centers. The retail market, despite the pandemic, grew by roughly 1.6% year-over-year in January 2021, compared to 0.3% growth for the national index, according to CoStar. Regional Advantages • 5 major freeways connecting Businesses to Los Angeles, San Diego, Orange County and Phoenix, AZ • BNSF Railway from Palm Springs, into and out of ports of Los Angeles, Long Beach and San Diego • Metrolink – Riverside County to Los Angeles • 17 Airports including Ontario, Palm Springs and March Inland Port Air Cargo Services

• 3 Foreign Trade Zones • 49 Opportunity Zones • 44 HUB Zones

7

DOING BUSINESS IN RIVERSIDE COUNTY The Riverside County Office of Economic Development is here to offer support as you look to grow or expand your business in the County of Riverside. We partner with over 75 economic development partners to foster growth and build assets in communities across the county. There are many reasons to locate or expand a business in Riverside County, among them being incentives. There are a variety of incentive programs available to both small and large businesses. While incentives should not be the only reason why one should consider a location, they may be one of many factors that could help lead to a final location decision. In this guide, we have laid out the local, state, and federal business incentives, employee training, business assistance, financial assistance and additional “green” resources that can help you locate to Riverside County and/or grow your business here.

1,135,600

Riverside County’s labor force

2,430,976

People living in Riverside County

According to data from the State of California Employment Development Department, from December 2019 to December 2023 Riverside County’s workforce grew by more than 30,000 which was the largest growth of all California counties and far greater than the state as a whole which actually declined. Riverside County GRP for 2022 was over $115 Billion US Dollars. 43 rd highest ranked US County by total GRP and the 10 th largest county in California. (US Bureau of Economic Analysis)

8

CITIES IN RIVERSIDE COUNTY

Riverside County encompasses 7,300 square miles, with 28 cities and 78 unincorporated communities ready for you to do business:

Banning Population 31,213

The City of Banning is strategically located astride Interstate 10 in the San Gorgonio Pass. The city which was incorporated in 1913, has a rich and colorful history. Initially, Banning served as a stagecoach and railroad stop between the Arizona territories and Los Angeles. Banning shares geographic and regional features with its western neighbor, the City of Beaumont. Banning’s population has been rapidly growing since the 1990s. The city is located about 80 miles east of downtown Los Angeles and 30 miles west of Palm Springs and is connected by freeway and railroad. Banning is a friendly and wholesome place to work and raise a family. The city features clean air, ample water supplies and the memorable and inspiring scenic vistas of Mt. San Gorgonio and Mt. San Jacinto. Beaumont Population 57,416 Beaumont proudly offers a rich history and rural charm. Originally settled in the mid-1800s as a stop along the Southern Pacific Railroad, people drawn to the beautiful mountain views, crisp air and abundance of apple orchards remained in the area and the City of Beaumont was incorporated on November 18, 1912. Beaumont is a vibrant city whose charm is exceeded only by the remarkable people who call it home. While times have changed, the friendliness and hospitality that recall a simpler era have not. In Beaumont, residents enjoy a way of life that includes not only the charming characteristics of a small town, but all of the amenities of a dynamic suburban environment. Beaumont's continued growth can be attributed to a dedicated and visionary city government and staff, coupled with involved community members and vibrant businesses working together to prepare Beaumont for the future. The city's exceptional services and public safety, excellent school system, and 16 scenic parks and recreation areas ensure that Beaumont is a great place to live, work and explore.

City of Banning 99 E. Ramsey St Banning, CA 92220 951.922.3105 www.banning.ca.us

City of Beaumont 550 E. 6th St Beaumont, CA 92223 951.769.8520 www.beaumontca.gov

9

Blythe Population 17,378

Blythe is a warm and friendly agricultural community located at one of the busiest entrance points to California, which sees more than 8.5 million interstate travelers a year. Blythe's three hundred and sixty days of sunshine (winter temperatures range from 55 to 75 degrees, with average summer temperatures ranging from 85 to 110) provide year round fun in the sun activities such as golfing, camping, hunting, fishing, dune buggies, rockhounding and off-road, as well as boating, water-skiing and canoeing along almost ninety miles of navigable water provided by the beautiful Colorado River. The City of Blythe is a general law city which was incorporated in 1916. It is located 225 miles east of Los Angeles and 150 miles west of Phoenix, Arizona. The Colorado River embraces the east side of the Palo Verde Valley. Agriculture and tourism are both very important to the economy of the Blythe area. Calimesa Population 10,867 The City of Calimesa is dedicated to a community that honors its beautiful natural setting through open space preservation, wildlife corridors, and extensive trail systems, as well as enriching the quality of life for residents and visitors of Calimesa through sensitive planning that creates increased business activity, local jobs, new parks and schools. The City of Calimesa incorporated December of 1990. It has developed its own unique zoning codes and standards and sought to retain its open space characteristics. The city’s General Plan provides for neighborhoods and businesses that reflect that concept. Canyon Lake is a city and gated community on Canyon Lake reservoir, located in western Riverside County. It is one of five gated incorporated cities currently in California. Canyon Lake began as a master-planned community developed by Corona Land Company in 1968. The “City of Canyon Lake” was incorporated on December 1, 1990. Railroad Canyon Dam was built in 1927, and impounds the San Jacinto River to fill the reservoir, which covers 383 acres and has 14.9 miles of shoreline. It is owned and operated by the Elsinore Valley Municipal Water District. The reservoir is supplied by storm water runoff from the San Jacinto River and Salt Canyon Lake Population 10,832

City of Blythe 235 N. Broadway Blythe, CA 92225 760.922.6161 www.cityofblythe.ca.gov

City of Calimesa 908 Park Ave Calimesa, CA 92320 909.795.9801 www.cityofcalimesa.net

City of Canyon Lake 31516 Railroad Canyon Rd Canyon Lake, CA 92587 951.244.2955 www.canyonlakeca.gov

10

Creek. Water from the reservoir feeds the Canyon Lake Water Treatment Plant, which provides approximately 10% of the domestic water supply in the Lake Elsinore/Canyon Lake area. Cathedral City Population 50,911 Cathedral City, colloquially known as "Cat City", is home to many fine resorts, dining options, shopping venues and family-centered recreational facilities. A place where local businesses thrive, and development opportunities exist. Visitors say its hometown vibe, desert flora, and scenic golf courses continually draw them back while year-round residents point to exemplary schools and inviting neighborhoods and parks as reasons to live in the community for generations. Cat City has the second largest population, after Indio, of the nine cities in the Coachella Valley. Prior to the arrival of European explorers and settlers, the land was part of the territory inhabited by the Cahuilla Indians. Today every other square mile of the city is part of the Agua Caliente Band of Cahuilla Indians reservation land. Development of a town began when a housing subdivision was built in 1925, although it was not incorporated until 1981. Coachella Population 43,173 While the name Coachella has become synonymous with the world famous Coachella Valley Music and Arts Festival, the city itself is rich in Mexican heritage, which shines through in the authentic eateries and vibrant art that bring Coachella’s walkable downtown to life. Coachella is a geographic wonder of 32 square miles in the heart of California’s year-round sunny desert. The city celebrates a largely Latino population, with an enchanting history and culture. Located on the easternmost boundary of the Coachella Valley in Riverside County, Coachella is one of the fastest growing cities in California. It offers the coveted mix of large, contiguous expanses of terrain, natural beauty and scenic views, affordable housing and, to be sure, an aura of character and culture. The City of Coachella remains an important agricultural hub with fields of brightly colored fruits and vegetables surrounding the city. It is home to a pair of action-packed casinos, cultural events and an array of public parks, including the massive Bagdouma Park with its swimming pool, tennis court and champion producing Coachella Valley Boxing Club.

City of Cathedral City 68700 Avenida Lalo Guerrero Cathedral City, CA 92234 760.770.0340 www.cathedralcity.gov

City of Coachella 1515 Sixth St Coachella, CA 92236 760.398.3502 www.coachella.org

11

Corona Population 156,615

Corona is located approximately 45 miles southeast of Los Angeles in western Riverside County. The city limits encompass 39.2 square miles and the population is over 168,000. A city whose heritage spans more than a century, Corona has emerged as an ethnically diverse community, where a significant percentage of the population is made up of young, well-educated families. Corona boasts many amenities that provide a first-rate quality of life for residents. The city has more than 394 acres of parks, with sports fields, basketball courts, playgrounds, tennis courts, two skateparks and an outdoor pool. Desert Hot Springs Population 32,654 Desert Hot Springs is a true oasis, home to some of the world's finest naturally occurring hot mineral springs. For years, these world-class waters have driven the economy, with polished marble resorts, retro-hip motels and ultra-exclusive celebrity retreats feeding off their energy. Today, Desert Hot Springs means so much more. Desert Hot Springs is characterized by its small-town friendly atmosphere. Residents and visitors enjoy traditional gathering spots: The Community Center, Public Library, Senior Center and the extremely unusual gem, Cabot’s Pueblo Museum. The city is also known for its active Chamber of Commerce. Eastvale Population 68,884 Eastvale is one of the newest cities in western Riverside County. The area transitioned from a dairy farm enclave to a developed community starting in the 1990s and was formally incorporated on October 1, 2010. It is one of the fastest growing cities in the State of California. Eastvale is 13.1 square miles strategically poised between Interstate 15 and California State Routes 91, 60 and 71, making access easy for residents, visitors and businesses alike. Residents and visitors find the proximity of Ontario International Airport to be a metropolitan advantage yet enjoy the small-town, neighborly charm of this young community.

City of Corona 400 S. Vincentia Ave Corona, CA 92882 951.736.2400 www.coronaca.gov

City of Desert Hot Springs 65-950 Pierson Blvd Desert Hot Springs, CA 92240 760.329.6411 www.cityofdhs.org

City of Eastvale 12363 Limonite Ave, Suite 910 Eastvale, CA 91752 951.361.0900 www.eastvaleca.gov

12

Hemet Population 89,663

Hemet is well known as a retirement community, but is also becoming home to significant numbers of younger families who provide services to the senior population or who are simply fleeing the more urbanized areas of Southern California. The economy is based primarily on service-to-the-senior community and ancillary services such as financial institutions and the health care professions. The city is also known for being the home of The Ramona Pageant, California's official outdoor play. Started in 1923, the play is one of the longest running outdoor plays in the United States. The founding of Hemet, initially called South San Jacinto, predates the formation of Riverside County, when the land was still part of San Diego County. The formation of Lake Hemet helped the city to grow and stimulated agriculture in the area. Hemet has been named Tree City USA for 20 years by the Arbor Day Foundation for its dedication to the local forest.

City of Hemet 445 E. Florida Ave Hemet, CA 92543 951.765.2300 www.hemetca.gov

Indian Wells Population 4,797

City of Indian Wells 44-950 Eldorado Dr Indian Wells, CA 92210 760.346.2489 www.cityofindianwells.org

Located in the heart of Southern California’s Desert Resort communities, the City of Indian Wells is recognized worldwide for its tranquil and luxurious resort environment. Then and now, astute planning and city leadership have helped Indian Wells achieve status as one of the premier residential resorts and vacation destinations in the United States. Guests and residents alike are continually drawn to the many amenities that Indian Wells offers including four world-class resorts, Indian Wells Golf Resort and Indian Wells Tennis Garden, a variety of cultural programs, impressive resident benefits and much more.

Indio Population 90,680

The City of Indio is the largest and oldest city in the Coachella Valley. Indio is nestled in the 640 square mile valley, cradled in sun-drenched splendor, and surrounded by mountain ranges and national parks. Indio is a community of culture and heritage, family values and fun. Indio is one of Southern California’s most important agricultural regions, responsible for a large percentage of the nation’s date crop. With fabulous weather, Indio offers abundant outdoor activities including renowned polo matches, championship golf, cycling, equestrian events and hiking. The ideal climate, combined with exceptional conditions

City of Indio 100 Civic Center Mall Indio, CA 92201

760.391.4000 www.indio.org

13

for growing various crops and an ample supply of ground water, allows agriculture to remain the second largest industry in the Coachella Valley. Tourism is ranked as the region’s top employer. With close to a million visitors each year attending its various festivals, shows, concerts and events, Indio is known as the “City of Festivals.”

Jurupa Valley Population 104,721

City of Jurupa Valley 8930 Limonite Ave Jurupa Valley, CA 92509 951.332.6464 www.jurupavalley.org

Within a 10-minute drive of the Ontario International Airport, Jurupa Valley enjoys a location advantage unmatched in Riverside County. Served by Interstate 15 and State Route 60, heavy rail service and its own Metro-Link Station, Jurupa Valley combines a location advantage with convenient transportation service to commuters and industry alike. The city's superior location and transportation system has served as reason enough for major corporations such as Costco, Walmart, FedEx and UPS to call the city's Mira Loma Industrial Complex home. La Quinta Population 38,370 The City of La Quinta is the premier playground for active living, with patio dining, boutique shops, resort escapes, world-class golf, top national retailers and the charm of the La Quinta Village. La Quinta is known for its pristine surroundings showcasing picture perfect views, enchanting scenery, perfect weather, world-class events and the finest amenities. The community inspires art and culture, health, wellness and serenity among its visitors and residents. A dedicated group of leaders, residents and businesspeople contribute to the city’s success. Residents and visitors alike enjoy limitless “extreme-tainment” recreational opportunities like boating, fishing, skydiving, golfing, bmx and mountain biking, motocross or visiting Lake Elsinore’s historic downtown, championship minor league baseball, casino, lakeside Launch Pointe resort, or local culinary scene and so much more! The City of Lake Elsinore continuously strives for excellence and is guided by the “Dream Extreme Vision 2040” establishing how the City of Lake Elsinore is the “ultimate destination to live, work and play, build futures and fulfill dreams.” Menifee Population 111,560 Lake Elsinore Population 76,280

City of La Quinta 78-495 Calle Tampico La Quinta, CA 92253 760.777.7000 www.laquintaca.gov

City of Lake Elsinore 130 S. Main St Lake Elsinore, CA 92530 951.674.3124 www.DreamLE.org

City of Menifee 29844 Haun Road Menifee, CA 92586 951.672.6777 www.menifeebusiness.com

The City of Menifee is centrally located in southwestern Riverside County approximately 30 miles southeast of the City of Riverside.

14

The city encompasses approximately 50 square miles. Interstate 215 traverses north and south through the center of Menifee, with existing community commercial areas located primarily along Newport, Bradley and McCall Roads off Interstate 215. Menifee is roughly 46 square miles in size and has an elevation of 1,424 feet. The incorporated City of Menifee includes the communities of Sun City, Quail Valley, Paloma Valley and Romoland.

City of Moreno Valley 14177 Frederick St Moreno Valley, CA 92552 951.413.3000 www.moreno-valley.ca.us

Moreno Valley Population 207,146

The City of Moreno Valley was recently ranked as one of the fastest growing cities in the nation (cities with a population of 100,000 or more) and is the second largest city in Riverside County. Companies are consistently choosing Moreno Valley because it delivers the right market opportunity, qualified and motivated workforce, prime location, pro-business environment and quality of life. Ideally situated at the junction of State Route 60 and Interstate 215, Moreno Valley is the Inland Empire’s best opportunity for a new business or a development project. With over 4,500 businesses strong, Moreno Valley is home to many Fortune 500 and international companies. Murrieta Population 109,177 The City of Murrieta has it all, starting with a strong sense of community, a business-friendly atmosphere, a focus on growing the economy, maintaining a safe and prosperous community and offering high levels of public service. Located in the center of the Los Angeles-San Diego mega-region, Murrieta is named after Juan Murrieta, a California ranchero who founded the town. Murrieta claims some of the top-rated high schools in the state, and a #6 spot on America’s Safest Cities list. Over the years it developed and preserved more than 20 miles of hiking trails, 52 parks and countless recreational opportunities. Murrieta became known is an ideal place to settle down and call home. Murrieta’s robust economic growth includes re-vitalization of Historic Downtown, the emergence of a regional medical hub with five major healthcare facilities, a cutting-edge biotechnology center; and expanded shopping and entertainment for all ages. Norco Population 25,068 The City of Norco is best known as an animal-keeping, equestrian oriented community whose residents enjoy over 400 acres of parkland

City of Murrieta 1 Town Square Murrieta, CA 92562 951.304.2489 www.murrietaca.gov

City of Norco 2870 Clark Ave Norco, CA 92860 951.735.3900 www.norco.ca.us

15

and one of the largest networks of horse trails in the nation, earning the nickname “Horsetown USA”.

The City of Norco encompasses about 14.5 square miles strategically located on Interstate 15, just 50 miles from downtown L.A. The small town values that are alive and well in Horsetown USA not only enhance its residents’ quality of life but provide a nurturing environment for

businesses as well. Palm Desert Population 50,889

City of Palm Desert 73-510 Fred Waring Dr Palm Desert, CA 92260 760.346.0611 www.cityofpalmdesert.org

The City of Palm Desert incorporated November 26, 1973, is centered in the heart of the Coachella Valley near Palm Springs. Known as the cultural and retail center of the desert communities, Palm Desert is home to country clubs, golf courses and shops, such as The Shops on El Paseo, which feature designer boutiques, plus restaurants and art galleries. Palm Desert is rated one of the safest cities in Southern California. Many new residents are drawn here, mainly from the coasts and urban centers of California, to enjoy both affordable and high-valued homes. Palm Springs draws visitors from all over the world with its beautiful landscape, rich culture, fine restaurants, spectacular resorts, outstanding attractions and prosperous business climate. Palm Springs, a city in the Sonoran Desert of Southern California, is known for its hot springs, stylish hotels, golf courses and spas. It's also noted for its many fine examples of mid-century-modern architecture. Often described as a small city with the cultural amenities of an urban area, the shopping, entertainment, dining, and recreational opportunities are first-class. Palm Springs lies on the western edge of the Coachella Valley in central Riverside County. Because it is only a two-hour drive from Los Angeles, Orange and San Diego counties, many have second homes in Palm Springs. The permanent population is 47,000, with another 27,000 to 30,000 people living in the city in the winter, bringing the total population to over 75,000 residents during the winter season. Palm Springs Population 43,791

City of Palm Springs 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 760.323.8299 www.palmsprings-ca.gov

City of Perris 101 N. D St Perris, CA 92570 951.943.6100 www.cityofperris.org

Perris Population 79,311

Perris is located in the heart of the fastest growing region in Southern California, between San Diego and Los Angeles. The city covers 30

16

square miles and has become a regional magnet. Perris has just the right mix in its formula—history, business development, growth, affordable real estate, and leisure activities making it a great place to live, work and play. The City of Perris offers excellent career opportunities, including a stable environment, emphasis on professional development, and an innovative, competitive and dynamic culture. The City of Perris turns 110 years old in 2021 and is home to Lake Perris, offering opportunities for outdoor recreation including hiking, biking, boating, swimming and camping. The city is most widely recognized for its aerial activities, such as skydiving and hot-air ballooning. Rancho Mirage Population 16,992 Rancho Mirage is an outstanding destination for long-term residents and seasonal visitors. It has a wealth of history, shared by the wider Palm Springs area, as well as luxuriant ease for its dwellers. Recognized for its elegant ambiance and unique luxury lifestyle, Rancho Mirage is known for its exclusive gated communities, beautiful golf courses and superb tennis facilities. Rancho Mirage has thirteen golf courses, also known as country clubs or golf resorts. The Agua Caliente Band of Cahuilla Indians of Palm Springs runs the Agua Caliente Casino. The city has a total area of 24.8 square miles. High mountain ranges on three sides and a south-sloping valley floor all contribute to its unique and year-round warm climate, with the warmest winters in the western United States. Riverside is the county seat of Riverside County and is located in the Inland Empire metropolitan area. Named for its location beside the Santa Ana River, it is the most populous city in the Inland Empire and is located about 50 miles east of downtown Los Angeles. Riverside is the 12th most populous city in California. Founded in the early 1870s, it is the birthplace of the California citrus industry and home of the Mission Inn, the largest Mission Revival Style building in the United States. It is also home to several higher learning institutions such as UC Riverside, California Baptist University and La Sierra University. Riverside Population 316,690

City of Rancho Mirage 69-825 Highway 111 Rancho Mirage, CA 92270 760.324.4511 www.ranchomirageca.gov

City of Riverside 3900 Main St Riverside, CA 92501 951.826.5311 www.riversideca.gov

Other attractions in Riverside include the Fox Performing Arts Center, Riverside Art Museum, which houses exhibits and artifacts of local

17

history, the California Museum of Photography, the California Citrus State Historic Park, and the Parent Washington Navel Orange Tree, the last of the two original navel orange trees in California.

San Jacinto Population 53,538

Located at the base of the San Jacinto mountains and adjacent to the San Jacinto River, the City of San Jacinto has much to offer residents and businesses alike. As one of the oldest incorporated cities in Riverside County, you'll find an eclectic combination of the old and the new. Uncongested traffic flows as freely as the clean, crisp air. A quaint and revitalized Main Street, affordable housing, shopping venues, and excellent golf represent a few of the many amenities to enjoy in San Jacinto. Extraordinary business and entrepreneurial opportunities are also advantages of being in San Jacinto. Temecula is a city in the southwestern part of Riverside County. The city is a tourist and resort destination, with the Temecula Valley Wine Country, Old Town Temecula, the Temecula Valley Balloon & Wine Festival, championship golf courses, and resort accommodations for tourists which contribute to the city's economic profile. Although Temecula is geographically closer to downtown San Diego than downtown Los Angeles, it is considered part of the Greater Los Angeles area. The community's mix of entertaining activities and friendly residents makes visitors want to return again and again. Wildomar Population 36,327 Wildomar is a community of old and new, more mature homes and acreages with horses and other animals mixed with more modern housing tracts. Nestled between the cities of Murrieta and Lake Elsinore, Wildomar officially became a city on July 1, 2008. Located along Interstate 15, Wildomar is a growing community comfortably nestled in a valley bordered by a mountain range on the west and rolling hills to the east. Temecula Population 108,700

City of San Jacinto 595 San Jacinto Ave San Jacinto, CA 92583 951.487.7330 www.sanjacintoca.gov

City of Temecula 41000 Main St, Temecula, CA 92590 951.694.6444 www.temeculaca.gov

City of Wildomar 23873 Clinton Keith Rd, Suite201 Wildomar, CA 92595 951.677.7751 www.cityofwildomar.org

18

19

LOCAL PROGRAMS Business Assistance Services

and support through many tools, programs, and resources. Site Selection Assistance Riverside County Office of Economic Development team members will work with you to find a building or site that meets your needs. You can also search for sites by using Riverside County’s advanced site selection tool - https://www.rivcosites.com. Incentive Zones Our staff will help you navigate through the different Incentive Zones that may benefit your business. Being located in an Incentive Zone provides opportunities to obtain below market terms financing, tax incentives, and a multitude of foreign trade benefits. • Riverside County Recycling Market Development Zone • 49 Opportunity Zones • 44 HUB Zones • 3 Foreign Trade Zones Lending Partners The Office of Economic Development works with regional partners that can offer financial assistance for your business. Our staff would he happy to connect you with the appropriate contact. AmPac Business Capital - provides loan products and resources to foster the success of small businesses at all stages of growth. https://ampac.com. International Trade Assistance The International Trade Assistance is available to assist you with international investment, exports, underwriting, banking with the Export-Import Bank of the United States, EB-5 Regional Investment Centers & programs, Riverside County’s 3 Foreign Trade Zones, and international investment programs abroad. The International Business Office also maintains the county’s official diplomatic relationship with 180 nations in an effort to increase trade, investment, and build lasting international partnerships that help the private sector create jobs and investment in the County of Riverside.

Riverside County Office of Economic Development is ready to help businesses locate and grow, and we are prepared to connect your business with the resources and programs to make it happen! With office staff in the city of Riverside, city of Indio and the southwest region, we have you covered regardless of your location. Business Assistance NOW Program We understand working with some local government processes can be complicated and confusing at times. Through the Business Assistance NOW Program, the County of Riverside’s Economic Development business support team will work closely with the County’s Ombudsman to provide a clear path to navigating Transportation Land Management Agency’s Planning and Building and Safety departments as well as Environmental Health, and Workforce Development Centers to get your business established and growing within Riverside County. The Business Assistance NOW Program will support your business with occupancy permit assistance, financial resources, hiring and training, and more. Visit the Business Assistance NOW request portal at: https://rivcoed.org/banp . Veterans Business Resources NOW Program Riverside County Veterans Business Assistance NOW Program provides valuable business resources to our Veteran community. Learn more about procurement opportunities, financing options, hiring and training and starting a business at quarterly workshops, and keep up to date on current events and resources. Contact us today for assistance. 951.955.2044 bizinfo@rivco.org website: www.rivcoed.org/veterans . Small Business Advocate A Small Business Advocate with the Office of Economic Development department is available to assist small business owners and entrepreneurs with development

For more information, visit: https://rivcoed.org/international-trade assistance.

20

Riverside County Center for Demographics To help business and public agencies plan for the future and make educated decisions on future growth and investment, the Demographics Division compiles a variety of reports on the demographics of Riverside County, its cities and communities. Demographic indicators explain the characteristics of human populations and population segments and are especially helpful when used to identify consumer markets. This information can be beneficial to businesses and governments in defining the demand or need for specific products and services in the area. For more information, please visit: https://rivcoed.org/demographics-dashboard. Riverside County - Workforce Development Centers (WDC) Riverside County Workforce Development Centers have many services and programs available to businesses, all of which are free to utilize. Riverside County Office of Economic Development works in partnership with the Workforce Development to provide employment resources and assistance. Recruitment Services Our workforce team works with businesses to assist in finding skilled, qualified candidates. This includes pre-screening, candidate assessment and testing as well as posting job openings. Business Resources and Referrals The Workforce Development team offers a wide variety of resources and referrals to assist your business. Training Incentive Programs The Workforce Development Center also offers assistance in offsetting the costs of training new employees or retaining your existing employees. On The Job (OTJ) Training For businesses willing to hire and train new employees, Workforce Development Centers will reimburse a portion of wages to offset extraordinary costs of training and loss of productivity during training. Outplacement Services Resources and referrals are provided for businesses

and workers affected by a layoff or closure. Labor Market Services Use the Workforce Development Centers as an asset to access information about labor market trends, statistics and economic and demographic data. Human Resource Information and Resources Find information on HR-related topics, such as news, trends, employee policies and problem resolution. Government Resources Find information on federal programs such as OSHA, Social Security, IRS, wage reporting, labor statistics With the assistance of the Workforce Development Specialists, find out if you qualify for local, state, or federal tax incentives, like the Welfare-to-Work and Work Opportunity Tax Credits. For more information, visit: www.rivcoworkforce.com or contact the Workforce Development Center Business Solutions team at 951.955.3100 or TTY 951.955.9050, CA Relay 711. Small Business Development Consulting (SBDC) Riverside County has several small business development centers that offer no cost, business consulting, training and other resources in a variety of areas like start up assistance, debt and equity funding, attracting and retaining customers, product commercialization and more to aspiring entrepreneurs and current business owners. Consultants are current and former small business owners, ready to assist you with even your most complex business needs. The SBDC team of financial experts assists in investigating your financing possibilities and safely packaging your loan. They can link you to their network of more than 100 funding institutions and aid you in choosing the best loan terms. They are ready to help your business start, grow and succeed. Inland Empire Small Business Development Center https://ociesmallbusiness.org/inland-empire. Coachella Valley Small Business Development Center https://ociesmallbusiness.org/coachella-valley. UC Riverside EPIC Small Business Development Center - UC Riverside’s EPIC SBDC provides individualized and commerce. Tax Incentives

21

support to early stage tech entrepreneurs and companies in the Inland Empire to grow their businesses at no cost. Services include specialized consulting, training programs and workshops, access to capital and SBIR/STTR assistance. EPIC SBDC has a pool of seasoned professionals who serve as Entrepreneurs in Residence to provide business consulting to help you launch or grow your company. https://techpartnerships.ucr.edu/programs-services/ entrepreneurship-support-epic/sbdc-excite-programs. INCENTIVES Capital Investment Incentive Program (CIIP) This program https://bit.ly/ciip-report authorizes a local government to rebate a capital investment incentive amount to a manufacturer proponent that is equal to the property taxes owed on the property in excess of the first $150 million assessment for up to 15 years. To view eligible manufacturers and businesses: https://bit.ly/manufacturers-businesses. UTILITY INCENTIVES Whether your business is encountering challenging detours, on the verge of expanding, or looking to relocate to Southern California, Economic Development Services (EDS) can help steer you in the right direction. Since its inception in 1992, Edison has retained, expanded and/or attracted just over 300,000 jobs in their service territory accounting for $937 million in new revenue. Southern California Edison is ready to provide the guidance you need to navigate the California business climate. The EDS team offers one-on-one, specialized consulting for retention, attraction and expansion services at no cost to you. Once they assess your unique business issues, they will develop a package of incentives, tools, programs and cost-effective services that can reduce your cost of doing business in California—putting you in the driver’s seat. Plus, Southern California Edison – Economic Development Services (EDS)

they’ll connect you with city, county, state and local partners who can provide the additional services you may need. For more information on the Southern California Edison - Economic Development Services (EDS), visit: https://www.sce.com/business/consulting services . Economic Development Rate (EDR) Program The purpose of the (EDR) program is to attract, retain, or expand your business operations in our service territory versus out of state. Specifically, the program offers a 12% discount on your energy bill over a 5-year period. Visit: https://bit.ly/sce-economic-development-rate program to learn more. SoCalGas The Southern California Gas Company offers efficiency programs for businesses including: • Small business equipment rebates, food service equipment rebates, rebates for suppliers and installers: http://www.socalgas.com/for-your-business . • Application: https://scg-eecp.semprautili ties.com/OnlineApp/#enrollment/?program Id=105. • Savings by design: https://www.socalgas. com/for-your-business/builder-services/sav ings-by-design. • Energy Resource Center: https://www.socalgas. com/for-your-business/education-and-training/ energy-resource-center. Initial Purchaser Claim for Solar Energy System New Construction Exclusion California law provides that under certain circumstances the initial purchaser of a building with an active solar energy system may qualify for a reduction in the assessed value of the property. In order to qualify for this reduction, this claim form must be completed and signed by the buyer and

22

Santa Ana Watershed Project Authority Inland Empire Brine Line The inland Empire Brine Line is an effective and economical way to dispose of salty wastewater, which is sometimes produced though manufacturing and water treatment processes. Salt removal is important for protecting water quality and meeting regulatory requirements. Like much of the Inland Empire, wastewater treatment plants in inland areas have total dissolved solids (TDS) restrictions, which may prevent your industry from discharging its waste to the municipal sewer. The Brine Line removes 500,000 pounds of salt per day from the watershed by transporting salty wastewater to a wastewater treatment plant operated by the Orange County Sanitation District. After treatment, the water is discharged into the Pacific Ocean. With the Brine Line, businesses can now dispose of salty wastewater locally at a substantial cost savings, without trucking it outside of the region. For more information on the Brine Line and costs to discharge, visit https://sawpa.org/inland-empire brine-line/ or contact us at iebrineline@sawpa.org | 951.354.4220. LOCAL FINANCING ReSTART Program The County of Riverside & AmPac Business Capital are partnering to provide emergency and ongoing capital for small businesses in Riverside County. Restart loans are available to businesses located anywhere in the county. Loans may be given for $15,000 to $30,000.

filed with the County Assessor. Visit: https://bit.ly/ initial-purchaser-claim to fill out the form.

Self-Generation Incentive Program (SGIP) This program provides businesses with rebates for installing energy storage technology at non-residential facilities. These storage technologies include battery storage systems that can function during a power outage.

For more information visit: https://www.cpuc.ca.gov/sgipinfo/

SCE Charge Ready Program SCE’s Charge Ready Program assists business and property owners with deploying the infrastructure and equipment necessary to support electric vehicle (EV) charging stations at their business locations, public sector or multi-family buildings. Specifically designed for light-duty passenger vehicles the program helps by providing financial incentives, infrastructure, and technical support to facilitate the installation and maintenance of EV charging stations. With greater ease and affordability, property owners, businesses, and public entities can now meet the growing demand for clean energy charging options from their customers, employees, communities, and/ or tenants. Program Highlights • Multiple program offerings for commercial and multi-family properties. • Rebates to help offset the price for the purchase and installation of qualified EV charging stations. • No- or low-cost infrastructure to support charging equipment. • New multi-family construction program options and features. • Technical assistance for siting the charging equipment, access to our experts, and other resources to help move each project forward.

Eligible Business Types • Private for profit

• Business with 25 or fewer employees • Minimum 2 year operating history

ReSTART Loans ($15,000-$30,000) • Interest Rate: 3.75% • Term: 5 years (60 months) • No payments for the first six months For more information visit: https://rivcoed.org/financing-help

For more information visit: https://rivcoed.org/incentives UTILITY PROGRAMS

23

24

STATE PROGRAMS California Made Program

Program (SB TAEP) provides $17 million each year through 2022-23 to expand existing small business services, such as free or low-cost one-on-one consulting and low-cost training. The program’s funding is focused on services to underserved business groups, including women, minority, and veteran-owned businesses and businesses in low wealth, rural, and disaster-impacted communities. The program allocates funding through a competitive grant process. The expansion program also provides $3 million in annual funding through 2022-23 for the Capital Infusion Program (CIP), which supports one on-one business consulting provided by the Small Business Development Center Network to assist small businesses in accessing capital. The Innovation and Entrepreneurship unit is the State’s primary point of contact for promoting California’s innovation infrastructure. It functions to develop an environment encouraging entrepreneurship, promotes long-term economic growth and facilitates job creation through innovation. It also serves to convene key stakeholders necessary to support GO-Biz activities an environment encouraging entrepreneurship, promotes long-term economic growth and facilitates job creation through innovation. It also serves to convene key stakeholders necessary to support GO-Biz activities throughout the state as well as stimulate entrepreneurship and the development of California’s innovation workforce. This unit is primarily responsible for the administration of California’s Innovation Hub (iHub) Program and the California Advanced Supply Chain Analysis and Diversification Effort (CASCADE) Cybersecurity Program. For more information, please visit: https://business. ca.gov/advantages/small-business-innovation-and entrepreneurship. Incumbent Worker Training (IWT) IWT is an employer sponsored program that provides grant funding to assist eligible businesses offset the cost of training for their existing (incumbent) workers. Its intent is to create a stronger workforce for workers and employers with the opportunity to build and maintain a quality of workforce and avert layoffs. For more information, please visit: https://bit.ly/sbtaep Innovation & Entrepreneurship

CA Made is California’s labeling program for manufactured goods. The program is designed to encourage consumer product awareness and promote the purchase of products manufactured in California. To learn more about the benefits, about their partnership with California Manufacturing Technology Consulting, and how you can apply to brand your products with the CA Made label, go to: https://calosba.ca.gov/. Office of the Small Business Advocate The Small Business unit serves as the primary advocate and resource provider for California’s small business community. The unit has four focus areas: advocacy, information gathering and dissemination, agency coordination, and business assistance. This work includes engaging with policy makers and stakeholders, providing educational services on issues directly affecting small businesses, working in collaboration with state agencies and departments, and assisting business directly with questions about available resources. Get Digital CA! An e-commerce initiative to promote accelerators and intensive trainings to build the skills necessary to compete in an online marketplace. https://business.ca.gov/advantages/small-business innovation-and-entrepreneurship/get-digital-ca Source Diverse Source Local A public-private collaboration to strengthen inclusive procurement programs and build a resilient California based supply chain. https://business.ca.gov/advantages/small-business innovation-and-entrepreneurship/programs-and initiatives/source-diverse-source-local Small Business Technical Assistance Expansion Program The Small Business Technical Assistance Expansion Reference: https://business.ca.gov/category/calosba

25

Made with FlippingBook Ebook Creator