EDA Fall Newsletter

FALL NEWSLETTER Page 4

Project Management Office — Projects Underway

On August 12, 2015 Riverside County Office of Foreign Trade, in partnership with The Small Business Administration, The California Centers for International Trade Development and the City of Riverside, presented discussions on how to successfully export to Japan and South Korea. The class was welcomed on behalf of Riverside County by 3 rd District Supervisor Chuck Washington. “Finding new markets overseas means foreign direct investment into our county and job growth at home.” said Washington to the over 60 companies in the room. These seminars are designed to help manufacturers and service business see and learn about the opportunities available through exporting. Since only 1% of US companies export, there is a lot of room for market growth through exports that have yet to be explored by many of our manufacturers. US markets represent only 5% of the world population with the other 95% outside US borders. Helping manufacturers understand the challenges and opportunities from other companies that are exporting successfully, allays some of the apprehensions and misconceptions about doing business in foreign markets. This is the 4th year the Riverside County Office of Foreign Trade has organized and presented the College of Foreign Trade educating over 1,000 business men and women on some aspect of the world of foreign Trade. “Utilizing the rich Mental Health Crisis Center (MHCC) In April 2014, the Investment in Mental Health Wellness Grant Program awarded $6,656,415 from the California Health Facilities Financing Authority (CHFFA) to the Riverside County Department of Mental Health (DMH) to expand the capacity of crisis support services. Under this grant, the DMH, in collaboration with EDA, will construct three new facilities on county-owned property at 9890 County Farm Road. One facility will be used to provide Medi-Cal certified voluntary crisis stabilization services 24 hours a day, seven days a week. The second facility will be used to establish a Medi-Cal certified residential treatment program where individuals can receive support for up to two weeks. The third facility will be for DMH administration. The total project budget is estimated at $15M.

The project is a two phase approach; phase one is demolition and phase two is construction. Phase one bid process is complete and the demolition is anticipated to start the first week of October. Phase two bid process will start in October and estimated construction will start in January 2016.

Riverside County EDA/Office of Foreign Trade/ College of Foreign Trade in 4th Year of Classes

resources of the Department of Commerce, The Small Business Administration, The California Centers for International Trade, and getting support from several of our county cities, like Riverside, Murrieta, Temecula, Moreno Valley and Palm Springs, the College of Foreign Trade continues to provide International Trade education for businesses in our County and throughout Southern California” said Heidi Marshall, Foreign Trade Commissioner. The Office of Foreign Trade is organizing an International Agricultural Trade Summit on November 4 th , 2015 in Palm Springs, to help our growers find new overseas markets and get updates on the opportunities available to them through International trade.

E-mail RSVP to OFT@rivcoeda.org or call (951) 955-5284 if you wish to know more.