LOS ANGELES, Oct. 10, 2024–(BUSINESS WIRE)–The following is a statement provided by the Los Angeles Business Council.
“Los Angeles has launched the city’s new ProCure LA initiative to provide local businesses with the support and resources they need to take advantage of the opportunities presented by major sporting events such as the 2026 FIFA World Cup and the 2028 Olympic and Paralympic Games. Kudos to Mayor Karen Bass, LA Region.
“Global events can create meaningful opportunities for local small businesses, but only if businesses are well-equipped to access and capture fair contracting opportunities.
“To ensure that local small businesses are not left behind, the Los Angeles Business Council Institute (LABCi) is partnering with the Pacific Asia Employment and Employment Consortium (PACE) to increase the participation of diverse minority-owned suppliers in procurement. We are proud to announce our new collaboration.” PACE is a leading community-based business development center delivering opportunities for the 2028 LA Olympic and Paralympic Games, providing extensive business training and direct technical assistance (TA). , specifically provides procurement support such as financing, insurance, and guarantees, as well as business expansion support tools. PACE was also recognized as the agency behind Mayor Karen Bass’ new initiative, ProcureLA.
“Through the partnership, PACE will incorporate its diverse employer and supplier database into LABCi’s Compete4LA platform – the region’s largest database of small, minority-owned, women-owned and disadvantaged suppliers. Both organizations will also We will work with Compete4LA to identify small and medium-sized businesses.” PACE connects companies in competition-related sectors such as hospitality and transportation to PACE’s job training centers, where they can better position themselves for success. Masu. PACE helps these companies obtain the certifications and skills they need to win contracts. To ensure that these world-class events benefit Angeleno residents and small businesses throughout the region, and to best serve Los Angeles’ diverse communities, we offer English, Spanish, Cantonese, Chinese, We also offer services in multiple ethnic languages, including Korean, Thai, Armenian, and Tagalog. . ”
About Los Angeles Business Council Institute
LABC Institute is a leading research and education organization dedicated to strengthening California’s sustainable economy. Founded in 2010, the Institute bridges Southern California’s business, government, environmental, labor, and nonprofit communities to develop policies and programs that promote investment, jobs, and business development. The Institute is the research and education arm of the Los Angeles Business Council, one of the region’s most respected business advocacy organizations. Founded in 1936, LABC is known as an innovator and promoter of policy development on a wide range of issues, including education, housing, green buildings, energy efficiency, transportation, and solar power development. For more information, visit labusinesscouncil.org.
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