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The primary mission of VSEDC is to facilitate community development of the South Los Angeles area by providing programs structured to revitalize the physical, economic and social life of the community. In order to realize this objective, VSEDC has developed and implemented a comprehensive approach to community economic development that includes business development, technical assistance and training, residential housing, commercial and industrial development.
Since 1981, VSEDC has stimulated economic development in South Los Angeles through commercial projects, affordable housing initiatives and business development.
To support the needs of small businesses in Los Angeles, VSEDC operates the City of Los Angeles BusinessSource Center for the South region. BusinessSource is funded by the City of Los Angeles Community Development Department to provide training, counseling and access to capital services for small businesses.
Welcome to the BusinesSource Center for the South Los Angeles Region!
VSEDC operates the City of Los Angeles BusinessSource Center for the South Los Angeles Region. BusinessSource is funded by the City of Los Angeles Community Development Department to provide comprehensive business services to ensure businesses are profitable and sucessful.
Services are delivered primarily at VSEDC's Business Enterprise Center which is a micro-business incubator which offers affordable office space and support services for start-up and established businesses. Services provided include:
- Business services
- Employee hiring/workforce development
- Access to capital
- Business plan development
- Tax incentives and credits
- Business courses
Services are delivered via the following components. Click on the links below for more information about each service.
Entrepreneurial Training Program: Whether you are an entrepreneur contemplating the next innovative business idea or an established business owner on your way to the Fortune 500, this free program is for you! With two levels of training for new and existing business owners, you are sure to go from idea to execution and expansion with this dynamic program. Learn more.
Technical Assistance: VSEDC offers aspiring entrepreneurs and small business owners free one-on-one and group counseling from expert consultants in areas such as marketing, operations/management, contract procurement and loan packaging. Learn more.
Loan Assistance & Packaging: Acquire necessary funds for your business! Assistance is provided to local businesses interested in applying for loans from VSEDC and other lending partners. Learn more.
Seminars, Forums & Networking Events: Learn current business trends and developments, and develop strategic relationships at these ongoing professional development events! Learn more.
Office Space Rental: Transition out of your home office into a formal office environment with VSEDC’s affordable office suites! The facility offers a professional environment, shared reception, access to office equipment, and meeting/conference space.