LA Economic Development Corporation

The LAEDC is a private, non-profit 501(c) 3 organization established in 1981 with the mission to attract, retain and grow businesses and jobs in the Los Angeles region. Since 1995, the LAEDC Business Development team helped in the creation of more than 95,000 jobs from 560 projects. The annual economic impact of those jobs translates into $3.1 billion in salaries and more than $163 million in tax revenue generated to support local governments, transportation and schools.