The City of Inglewood has committed to "Community Beautification and Economic Development" as its priorities. Inglewood's Economic Development Division was established to help foster vibrant and productive relationships between the city and its business community through the creation of financial incentives and services tailored to attract and retain a competitive and diverse business and industry mix, and to enhance the local economy.
The Office of Economic & Business Development (OEBD) offers technical assistance to assist businesses set on transitioning into the City with ease. We provide one-on-one assistance either directly or via referral for businesses located within the City of Inglewood, as well as to those seeking Inglewood as their choice for relocation, expansion or entrepreneurial beginnings.
Our staff is prepared to discuss your questions and concerns, as well as discuss various aspects of your business operations. We are available; please call us at (310) 412-8800 for an appointment in order that we may better serve your needs.
Click here to view a PDF of "Key Referrals to Getting Your Business Started"
For businesses needing Financial Assistance, OEBD also provides direct lending to qualified Inglewood businesses.
Inglewood Development Corporation
The Inglewood Development Corporation (IDC) was established by the Inglewood City Council to provide small loans, ranging from $1,000 to $25,000, to small businesses already located or seeking to locate in the City's Downtown Business District (In Town Redevelopment Project Area)
Click here to view the IDC Micro-Loan Program brochure in PDF format.
Click here for an application form.
Grow Inglewood Fund
The Grow Inglewood Fund provides larger loans, on a citywide basis, for Inglewood businesses. This fund is ideal for working capital, equipment and business expansion. This loan is an SBA 7a loan product and may be used to acquire and rehabilitate real estate so long as the borrower is at least 51% occupant in the property. Real estate loans can be funded at as much as $1,000,000. Click here
for an application form.
Façade Improvement Program
This program provides Market Street business and property owners with a rebate incentive for storefront improvements completed and paid for by the business or property owner. Inglewood's Office of Economic and Business Development (OEBD) is currently managing a block-by-block Façade Improvement project. Businesses along Market Street will benefit from a facelift along their frontages. An experienced architecture firm is providing building enhancement services.
Each business address is eligible for:
- up to $2500 for design services,
- up to $2500 for signage and
- up to $10,000 in exterior improvements (based on 40% of the total cost of improvements).
Businesses must complete their projects before applying for their rebate.
This component of OEBD helps to coordinate community festivals, business grand openings, special ceremonies, etc. A key thrust of these activities is to generate community participation. OEBD provides strategic assistance in coordinating involvement of public officials and community leaders, and will assist with publicity efforts.