TITLE
Recommendation to request City Manager to work with JoAnne Golden-Stewart, Director of Public Policy for Los Angeles County Economic Development Corporation (LAEDC) in submitting comments necessary for the City of Long Beach to participate in seeking designation as a Manufacturing Community as part of the Investing in Manufacturing Communities Partnership (IMCP) program established by President Obama.
DISCUSSION
Councilwoman Gerrie Schipske is a member of the L.A. Jobs Defense Council which is a committee of the Los Angeles County Economic Development Corporation. The Council and LAEDC are seeking opportunities to attract jobs to Los Angeles County and are in process of submitting an application to become a federally designated manufacturing community.
This designation is funded through the Investing in Manufacturing Communities Partnership (IMCP), a new government-wide initiative that will help communities cultivate an environment for businesses to create well-paying manufacturing jobs in regions across the country and thereby accelerate the resurgence of manufacturing. The IMCP is designed to reward communities that demonstrate best practices in attracting and expanding manufacturing by bringing together key local stakeholders and using long-term planning that integrates targeted investments across a community's industrial ecosystem to create broad-based prosperity. The IMCP is a critical component of the Department of Commerce's "Open for Business Agenda," which prioritizes trade and investment.
Up to 12 communities will be designated and the designation gives them elevated consideration for $1.3 billion in federal dollars and assistance from 10 cabinet departments/agencies. These communities would also potentially receive additional catalytic federal investments to support their economic development strategies.
Proposals for designation as a Manufacturing Community must be submitted on behalf of the region by a consortium - which in this case i...
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