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News and Press Releases
Monrovia Named As One Of The Most Business Friendly City Finalists For The 22nd Annual Los Angeles County Economic Development Corporation (LAEDC) Eddy Award!
The City is among five finalists for the LAEDC’s prestigious, “Most Business Friendly in Los Angeles County” award. Monrovia was nominated as a finalist for jurisdictions with a population of under 68,000 people, along with Arcadia, Azusa, Rosemead, and Santa Fe Springs. A copy of the press release issued by the LAEDC announcing the finalists can be found here: Press Release
According to the press release, “Business-friendly programs and services are a critical factor in job-creation. The finalists were selected through independent review by a panel of blue ribbon judges, based on the following criteria:
- Demonstrated priority commitment to economic development.
- Excellence in programs and services designed to facilitate business entry, expansion, and retention.
- Competitive business tax rates and fee structures
- Availability of economic incentives.
According to the LAEDC, the Eddy Awards is the most prestigious awards program to recognize leadership in economic development in business, education, and government throughout Los Angeles County. The Eddy Awards supports fulfillment of the Los Angeles County Economic Development Corporation’s mission to advance opportunity and prosperity for all.
The winner of the Most Business Friendly City award will be announced at an awards gala held on November 9, 2017, at the Intercontinental Hotel in downtown Los Angeles. Please check back for updates on how Monrovia will fare in this exciting awards program!