Culver City Beat

Culver City is one of five finalists in the 50,000 and under category for Most Business-Friendly City in Los Angeles County award.

The LAEDC will announce the Eddy Award winners on November 17, 2008.

Here's what they say about Culver City:

Culver City is dedicated to enhancing its economy and business environment. The City offers several business incentive programs that include permit fee reimbursement, permit streamlining, gap closer loans, and commercial façade rehabilitation loans. Their business resource center offers a one-stop shop for information assistance, guidance, and referral services, and is available online as well. And their outreach team meets with key businesses to discuss their individual business needs, concerns, and issues. Prospective businesses can also view available properties for lease or purchase on the city’s website.

Bill Allen, LAEDC president and CEO, said:

Because of the overwhelming strength of the applications received, we decided to create two categories to recognize these very deserving cities. This is an extraordinarily encouraging sign that more and more cities are being proactive in their efforts to retain and attract quality jobs and businesses in their communities. The ability and commitment of our local governments to attract and retain good jobs is absolutely essential if our region is to sustain its economic vitality and quality of life.

The gentrification of downtown CC may have been good for some businesses, but it's not all rosy.  There have been some losers too. 

Link: press release