Find Riverside County California economic development agencies, departments and corporations. Economic development agencies provide information on resources for economic growth through the expansion of local businesses and by attracting new business and tourism.
Corona Economic Development 400 South Vicentia Avenue Corona CA 92882 951-736-2260
Hemet Economic Development 1025 North State Street Hemet CA 92543 951-791-3500
Indio Economic Development Ste B, 44199 Monroe St Indio CA 92201 760-863-2552
La Quinta Economic Development 78495 Calle Tampico La Quinta CA 92253 760-777-7035
Moreno Valley Economic Development 14177 Frederick St Moreno Valley CA 92553 951-413-3460
Norco City Economic Development 2870 Clark Avenue Norco CA 92860 951-270-5645
Palm Springs Economic Development 4810 East Cam Parocela Palm Springs CA 92264 760-323-8259
Riverside County Economic Development 3403 Tenth Street Riverside CA 92501 951-955-8916
A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.
An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.
Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.