Economic Development Collaborative Awarded $2.45M in New Loan Capital to Support Ventura County Businesses
On August 5, 2020, the Economic Development Collaborative (EDC) secured $2.45M in new loan capital from the U.S. Department of Commerce/Economic Development Administration's CARES Act Fund to help support Ventura County businesses negatively impacted by COVID-19. Set to be allocated as an EDC Revolving Loan Fund (RFL) over the next 24-months, qualifying Ventura County businesses can apply to receive between $10,000 to $250,000 of working capital.
With this new $2.45M award, the EDC now controls $5M total in loan capital set for distribution specifically in Ventura County. Fixed with a 4.2% interest rate, all RFL recipients are reasonably expected to repay in full within 7 years.
"The Economic Development Administration (EDA) is one of the EDC's oldest partners," states Marvin Boateng, EDC Director of Lending. "We greatly appreciate their more than 24 years of continued financial support and are excited that this new grant will expand our opportunity to lend to small businesses within Ventura County. We know that many have been hard hit by COVID-19 and additional capital is a lifeline to businesses with limited cashflow."
Ventura County businesses interested in learning more about or applying for an EDC loan are encouraged to contact Marven Boateng directly via email at email@example.com or phone at (805) 409-9156.
OXNARD, Calif., FOR IMMEDIATE RELEASE – Do you know the best-of-the-best in Oxnard? The Oxnard Chamber wants to hear from you!
For 70 years the Oxnard Chamber has been honoring the city’s top individuals, businesses and organizations at its annual Community & Business Awards. The deadline for nominations for 2020 awardees is Friday, March 27. This year’s categories recognize Oxnard’s:
Nominations are open to the public. Nominations can be completed online at: http://bit.ly/cbawardsform20.
The nomination form can also be downloaded from the Chamber website and emailed to firstname.lastname@example.org or faxed to (805) 604-7331.
The 70th Annual Community & Business Awards will be held Wednesday, April 29, 2020 at 11:30 a.m. at Courtyard by Marriott in Oxnard (600 E. Esplanade Drive). Reservations are required in advance and are $60 per person. Event sponsorship opportunities also are available. Visit www.oxnardchamber.com or call the Chamber to register or become a sponsor.
ABOUT THE OXNARD CHAMBER OF COMMERCE
The Oxnard Chamber of Commerce is a catalyst for business growth, a convener of leaders and influencers, and a champion for a stronger community. Founded in 1908, today the Chamber empowers 500 businesses and organizations that employ more than 35,000 people. It promotes the business and economic well-being of Oxnard’s diverse community to benefit enterprises, large and small, through advocacy, networking, education, services, business exposure and promotion. Learn more at OxnardChamber.org.
‘Be Afraid. Be VERY Afraid!’ Knowledge & Networking Lunch Provides Update on Independent Contractors, Overtime and More
OXNARD, CA – Avoid the catastrophic consequences of ignorance in a rapidly changing field of law as attorneys Brian Koegle and David Poole of Poole, Shaffery & Koegle, LLP present the “Be Afraid. Be VERY Afraid!” Employment Law Update hosted by the Oxnard Chamber of Commerce on Thursday, Dec. 12. Held at the Residence Inn by Marriott/River Ridge, this Knowledge and Networking Lunch provides insight on legal matters affecting Oxnard businesses and professionals.
“If you’re not updating your employee handbook annually, it's probably not worth the paper it’s written on,” Brian Koegle explained of the fluid nature of employment law. “Every year, drastic changes to employment law go largely unnoticed by the majority of the business community — until they need us.”
The purpose of the upcoming luncheon, David Poole explained, is to help businesses understand and prepare for a new year of changes, so they can take proactive steps to protect themselves and their businesses. Without a nuanced appreciation of these laws, business professionals unknowingly could make significant and costly mistakes.
Topics to be covered during the luncheon include:
“Ignorance is not bliss when it comes to the law,” Koegle said. “Your business can’t afford to ignore California employment laws and risk catastrophic results.”
The 2019 Employment Law Update will be held Thursday, December 12 at 11:30 a.m. at the Residence Inn by Marriott/River Ridge.
For tickets, please visit OxnardChamber.org. Early registration is $35 (regular $40) for members of the Oxnard Chamber of Commerce and $45 for non-members. Seats are limited and sell out quickly. Visit oxnardchamber.org to become a member.
About Poole Shaffery & Koegle, LLP
Poole Shaffery & Koegle, LLP is a full-service law firm of legal professionals who are committed to providing high-quality representation to each business or corporate client. The firm has garnered a reputation for providing professional, effective legal representation in business transactions, business litigation, employment counseling, employment litigation, transportation, and a range of other legal services.
Founded in 1998 by partners David Poole and John Shaffery, the firm has enjoyed exceptional growth in both size and areas of practice. Since then, Brian Koegle has been named partner. The firm provides counsel from a team of attorneys in six offices throughout California: Los Angeles, Santa Clarita, Orange County, San Francisco, and San Diego.
For more information, please visit pooleshaffery.com.
About Oxnard Chamber of Commerce
The Oxnard Chamber of Commerce is the catalyst for business growth, the convener of leaders and influencers, and the champion for a stronger community. Founded in 1908, today the Chamber empowers 500 businesses and organizations that employ more than 30,000 people. We promote the business and economic well-being of Oxnard’s diverse community to benefit enterprises, large and small, through advocacy, networking, education, services, business exposure and promotion.
For more information, please visit oxnardchamber.org.
Oxnard Chamber of Commerce will celebrate the grand reopening of California Hand and Physical Therapy with an official ribbon cutting ceremony on Wednesday, December 4 from 4:00-6:00 p.m.
Media and the public are invited to attend the ribbon cutting at California Hand and Physical Therapy Inc. locate at 2001 Solar Drive, Suite 150 in Oxnard. There will be refreshments, tours, networking opportunities and more.
California Hand and Physical Therapy specializes in hand therapy, with a unique approach that looks at the whole body and how the hand relates to the active body. They also provide general physical therapy. Their mission is to invest in the overall well-being of those in their care and educate them on living a healthy, pain-free life through a personalized therapy experience.
Learn more about California Hand and Physical Therapy by calling (888) 722-3131 or visiting www.cahandpt.com.
ABOUT THE OXNARD CHAMBER OF COMMERCE
The Oxnard Chamber of Commerce is a catalyst for business growth, a convener of leaders and influencers, and a champion for a stronger community. Founded in 1908, today the Chamber empowers 500 businesses and organizations that employ more than 30,000 people. It promotes the business and economic well-being of Oxnard’s diverse community to benefit enterprises, large and small, through advocacy, networking, education, services, business exposure and promotion. Learn more at OxnardChamber.org.
OXNARD, Calif., FOR IMMEDIATE RELEASE – The Oxnard Chamber of Commerce Chamber, in conjunction with The Port of Hueneme, will present the State of the Port report at its Knowledge & Networking Lunch on Thursday, October 10.
The Port of Hueneme is the most productive and efficient commercial trade gateway for niche cargo on the West Coast, moving $9 billion in goods each year and consistently ranking among the Top 10 U.S. ports for automobiles and fresh produce. Port operations support the community by bringing $1.5 billion in economic activity, creating 13,633 trade-related jobs and generating more than $93 million in annual state and local taxes, which funds vital community services. Top trading partners include Austria, Brazil, Canada, Costa Rica, China, Ecuador, Germany, Great Britain, Guatemala, Japan, Korea and Mexico.
The Knowledge & Networking Lunch will take place at the Residence Inn by Marriott/River Ridge located at 2101 W. Vineyard Avenue in Oxnard. Check-in and networking begin at 11:30 a.m. Lunch is at noon with the program to follow.
The event is open to the public and lunch is included. Tickets are $45 for non-members and $40 for Chamber members. Chamber members can purchase early registration tickets for $35 before Monday, October 7, at 5:00 p.m.
Reservations may be made on OxnardChamber.org or by calling the Chamber office at (805) 983-6118.
The luncheon is sponsored by Oakmont of Riverpark and Ventura County Credit Union.