Alhambra, Cerritos Named Most Business-Friendly Cities
BEVERLY HILLS (CBS) — Alhambra and Cerritos were named the most business-friendly cities in Los Angeles tonight in the city -- Beverly Hills -- known for glitz and glam.
The cities were selected by the Los Angeles County Economic Development Corp.
Alhambra was the winner in the category of cities with a population of 60,000 or more. Alhambra beat out Torrance, Carson, Downey, Whittier and West Covina.
Cerritos took top honors with cities with a population of 60,000 or fewer. Cerritos beat out Commerce, Duarte, Azusa, Monrovia and La Mirada.
According to the Los Angeles County Economic Development Corp., the winners were selected for having a demonstrated commitment to economic development as a priority; excellence in programs and services designed to facilitate business entry, expansion, and retention; economic development activity over the past three years; competitive business tax rates and fee structures; availability of economic incentives; and effective communication with and about business clients.
The Los Angeles County Economic Development Corp. is a private nonprofit organization which seeks to attract, retain and grow business and jobs in the county.
The winners were announced at the 15th annual Eddy Awards at the Beverly Hilton.
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