Santa Clarita Valley Economic Development Corporation

What Santa Clarita Valley Economic Development Corporation does

Santa Clarita Valley Economic Development Corporation (SCVEDC) is a private, nonprofit 501(c)-style economic development organization founded in 2010 and headquartered in Santa Clarita, California, operating as a formal public-private partnership between regional industry, the City of Santa Clarita, and Los Angeles County. The organization functions as a one-stop resource center for business attraction, retention, and expansion, with a lean staff of 1–10 employees providing free services — site selection, business incentives navigation, permitting expediting, workforce recruitment, job training coordination, and labor market analysis — to companies, site selectors, and commercial real estate brokers evaluating the Santa Clarita Valley.

SCVEDC's core deliverables are information and convening products rather than technology platforms: the LiveWorkSCV.com and SCVJobBoard.com job boards that match local employers with SCV residents; the SCV Means Business podcast; the annual Economic Outlook Conference and book authored with resident economist Dr. Mark Schniepp of California Economic Forecast; quarterly Economic Snapshots; and a commercial real estate Broker Portal. The underlying technology is conventional web content management and event production — there are no proprietary software products, APIs, or AI components.

The business model is funded by board investor contributions, City of Santa Clarita appropriations, LA County support, and program/event revenue. Services to businesses are provided free of charge. Key industry verticals served include aerospace & defense, bioscience and medical devices, advanced manufacturing, digital media and entertainment, information technology, and corporate headquarters. Marquee outcomes include support for Boston Scientific's 650-job Valencia Technologies acquisition, DrinkPAK's cumulative 425-employee beverage manufacturing footprint contributing $1.3B in five-year economic output, IQVIA Laboratories' 350-job life sciences facility, and approximately 24,363 jobs and 663 companies supported since founding.

Name

Santa Clarita Valley Economic Development Corporation

Legal name

Santa Clarita Valley Economic Development Corporation

Website

https://scvedc.org

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Santa Clarita Valley Economic Development Corporation (SCVEDC) is a nonprofit public-private partnership that provides free site selection, incentives, workforce, and permitting assistance to businesses expanding or relocating into the Santa Clarita Valley region of Los Angeles County.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Business Associations (813910), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Management Consulting Services (8742), Services-Membership Organizations (8600)

akta.pro primary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Economic development services
• Business attraction support
• Site selection assistance
• Workforce development programs
• Business incentive navigation

Headquarters

HQ city

Santa Clarita

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Revenue model

1. Investor Contributions: The SCVEDC operates as a nonprofit organization funded through investments from board members, public sector partners (City of Santa Clarita, LA County), and private sector investors. Each board member contributes financially to support economic development initiatives.
2. Business Assistance Services: Free services provided to businesses including site selection assistance, business incentives navigation, workforce recruitment, job training coordination, permitting expediting, and labor market analysis.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a private/public partnership nonprofit that serves as a one-stop resource center for business expansion and relocation in the Santa Clarita Valley. Its staff works directly with company management, site selectors, and brokers to deliver free services including site search, business incentives navigation, talent recruitment, job training coordination, permitting expediting, and labor market analysis. It also publishes economic data (annual Outlook, quarterly snapshots), operates job boards (LiveWorkSCV.com/SCVJobBoard.com), and produces the SCV Means Business Podcast.

Product overview

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a private/public partnership that operates as a one-stop resource center for economic development rather than a traditional product company. Its core offerings include the LiveWorkSCV.com and SCVJobBoard.com job boards for employer-job seeker matching, the SCV Means Business podcast for community engagement, the annual Economic Outlook Conference and quarterly Economic Snapshots for economic intelligence, the Broker Portal for commercial real estate professionals, and Workforce Development Services including job fairs and training partnerships. These services collectively support business attraction, retention, expansion, and workforce development in the Santa Clarita Valley region.

Differentiator

Problem solved

Functional benefit

Brands

• SCV Means Business Podcast: Official podcast of SCVEDC featuring interviews with business leaders exploring how companies connect and contribute to their community

Products and services

• LiveWorkSCV Job Board A free comprehensive job board service connecting Santa Clarita Valley employers with local job seekers, allowing employers to post jobs at no cost and candidates to create profiles and receive job alerts.
• Economic Outlook Conference & Annual Outlook Book

Quantifiable outcome

• ~24,363 jobs facilitated since 2010
• +4 more outcomes

Named customers10 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered notable, major and core.

• Consulate General of Canada in Los AngelesnotableStrategic or Co-development Partner · 1 January 2025Hosted 2025 Canadian Energy Storage Roadshow bringing together industry leaders, innovators, and policymakers to discuss energy solutions and showcase SCV as a destination for foreign direct investment.
• Southern Pacific Aero-Defense Alliance (SPADA)majorStrategic or Co-development Partner · 1 January 2025Launched in 2025, SPADA brings together industry, education, government, and community leaders around shared vision for aerospace and defense industry cluster growth in Santa Clarita Valley.
• Los Angeles Economic Development Corporation (LAEDC)majorStrategic or Co-development Partner · 1 January 2024Participated in SelectLA and SelectUSA Investment Summit to promote international investment into Santa Clarita Valley and facilitate export opportunities for local companies.
• City of Santa ClaritacoreStrategic or Co-development PartnerPublic sector partner providing municipal support, streamlined permitting processes, and business support services. SCVEDC presents annual reports to the City Council and coordinates economic development initiatives with city government.
• Los Angeles CountycoreStrategic or Co-development PartnerCounty government partner providing regional coordination, workforce development support, and economic opportunity programs including ARPA-funded grants for small businesses.
• College of the CanyonscoreStrategic or Co-development PartnerKey educational partner offering workforce training, Advanced Technology Center, certified logistics programs, and collaboration on Economic Outlook Conference. The institution provides talent development aligned with employer needs.
• California Economic Forecast / Dr. Mark SchnieppcoreStrategic or Co-development PartnerResident economist providing quarterly economic snapshots and annual Economic Outlook forecast for Santa Clarita Valley. Provides regionally-specific economic intelligence for business decision-making.
• LA County Workforce Development Board (WDB)majorStrategic or Co-development PartnerRegional workforce development coordination ensuring alignment with county-wide workforce initiatives and America's Job Centers.
• Trammell Crow CompanycoreChannel Partner/ Reseller/ DistributorMajor developer of industrial facilities including The Center at Needham Ranch (4M SF). Development has attracted major tenants including DrinkPAK, Amazon, and Illumination Dynamics.
• FivePoint HoldingsmajorChannel Partner/ Reseller/ DistributorMajor developer behind Valencia community development and Newhall Ranch project, creating 11.5M SF of job-generating uses and thousands of permanent jobs.
• IAC (Industrial Properties)majorChannel Partner/ Reseller/ DistributorDeveloper of IAC Commerce Center (70 acres, 1.3M SF industrial/commercial) attracting tenants including Amazon and Lief Labs.
• Newmark (Commercial Real Estate)coreChannel Partner/ Reseller/ DistributorCommercial real estate firm representing DrinkPAK in 15+ transactions, facilitating major beverage manufacturing expansion in SCV.
• CBREcoreChannel Partner/ Reseller/ DistributorCommercial real estate broker represented Trammell Crow Company in transactions and has been recognized as top Power Broker in SCV.
• Employee Training Institute (ETI)notableImplementation/ SI/ Consulting PartnerProvides on-site customized training for local businesses including technical skills and business topics. Awarded $750,000 in curriculum funding.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Others

• International Economic Development Council (IEDC): Global professional association for economic developers. SCVEDC has won IEDC Awards of Excellence (2023). Provides training, certification, and best practice frameworks across the same EDC profession.
• California Association for Local Economic Development (CALED): State-level industry association for California EDCs. SCVEDC has won CALED Awards of Excellence (2019, 2020); comparable as an EDC professional body that sets standards and recognizes performance across the same industry.

Direct peers

• Orange County Business Council: Public-private partnership business council that conducts advocacy, economic research, and workforce development for OC. Comparable as a regional, investor-funded nonprofit performing economic development and policy work for a specific SoCal sub-region.
• San Diego Regional Economic Development Corporation: Regional EDC serving San Diego County with investor-funded model and similar business retention/expansion focus. Particularly relevant peer because of comparable bioscience/life sciences cluster focus which overlaps with SCVEDC's IQVIA win.
• Inland Empire Economic Partnership: Regional economic development organization representing Riverside and San Bernardino counties. Comparable private/public partnership structure, investor-funded model, and focus on logistics/manufacturing cluster attraction — directly competes for industrial tenants and logistics deals.
• Greater Irvine Chamber of Commerce / Greater Irvine Economic Partnership: Sub-regional economic development and chamber organization serving Irvine/Orange County. Operates similar site selection, broker portal, and workforce attraction services; competes with SCVEDC for the same aerospace, bioscience, and advanced manufacturing relocations.

Regional players

• Ventura County Economic Development Association: Adjacent Southern California sub-regional EDC serving Ventura County. Comparable mission and nonprofit funding model; serves a neighboring geography and competes for some of the same aerospace and biotech employers considering the broader LA basin.

Broad incumbents

• Los Angeles County Economic Development Corporation (LAEDC): County-level economic development organization serving all of LA County. Direct comparable in mission and service offering; SCVEDC operates at the sub-regional level within LAEDC's territory, creating both partnership (SelectLA, SelectUSA) and competition dynamics.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/SCVEDC
• YouTubeyoutube.com/scvedc
• Facebookfacebook.com/SCVEDC
• LinkedInlinkedin.com/company/scvedc
• Instagraminstagram.com/scvedc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Santa Clarita Valley Economic Development Corporation