Economic Development Collaborative-Ventura County (EDC-VC)

What is Economic Development Collaborative-Ventura County (EDC-VC)?

The Economic Development Collaborative-Ventura County (EDC-VC) is a regional public/private economic development organization that focuses on supporting and growing the economic health of Ventura County. They offer a diverse range of programs centered around job promotion, economic growth, and increasing productivity and incomes within the county.

A significant component of their initiative is their role as a community-based lender through three primary loan funds available to local Ventura County businesses. EDC-VC's Revolving Loan Fund operates county-wide, providing loans from $20,000 to over $200,000 to assist businesses to compete in a dynamic economy.

Another notable fund is the EDC-VC Business Loan Fund, offering financial support to help defense and related industries with the commercialization of technology for civilian applications. They target six core business clusters through their lending efforts: Agriculture, Biomedical, Environmental, High technology/communications, Metals/machinery, and Plastics.

On their website, the EDC-VC illustrates their dedication to personalized business advising, strategic growth planning, and resource support aimed at business prosperity. They promote themselves as business consultants who have been empowering business owners, connecting community partners, and cultivating informed civic leadership in Ventura and Santa Barbara since 1996. They highlight an array of partnerships and initiatives aimed at business development, global trade, technology innovation, film industry support, upskilling workforce, and economic strategy for the broader region they serve.