Monrovia Named As Most Business Friendly City Finalist

Monrovia Chamber and community member at the recent opening of Cup of Cha Tea House. – Courtesy photo / Facebook, @MonroviaChamber

For the third year in a row, the City of Monrovia has been named as one of five finalists for the prestigious annual Los Angeles County Economic Development Corporation’s (LAEDC) Eddy Awards. Monrovia was nominated as a finalist for jurisdictions with a population of fewer than 50,000 people, along with Duarte, La Mirada, San Gabriel and Santa Fe Springs. Finalist for a population of 50,000 people and more category include Bellflower, Gardena, Lancaster, Norwalk, Pasadena and Rosemead.

“Business-friendly programs and services are a critical factor in job-creation,” said the LAEDC. “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 and quality jobs.
• Excellence in programs and services designed to facilitate business entry, expansion, and retention.
• Competitive business tax rates and fee structures.
• Availability of economic incentives.
• Effective communication with and about business clients.”

First introduced in 1996, the Eddy Awards recognized leadership in economic development in business, education and government throughout Los Angeles County. The Eddy Awards support fulfillment of the Los Angeles County Economic Development Corporation’s mission to advance opportunity and prosperity for all.

Monrovia is a dynamic community of nearly 40,000 residents that blends small town charm with big city amenities. The city is also a world class place to do business. In Monrovia, every business is valued as a partner in serving the people of Monrovia to create a community that offers a premier quality of life. The city’s partnership with businesses starts at the onset of the businesses’ establishment and lasts long after the business has opened its doors. Monrovia invites you to experience all that the city has to offer and be a part of its thriving community. For more information, visit the City of Monrovia online and follow the City of Monrovia on Facebook and Instagram.

LAEDC was established in 1981 as a private, non-profit, public benefit corporation. Visit LAEDC online for more information.

The winner of the Most Business Friendly City award will be announced at an awards gala, held on Nov. 7, 2019 at the JW Marriot at LA Live.

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