The South Bay Entrepreneurial Center (SBEC)
A business incubator that makes use of seasoned professionals in a variety of specialties to provide mentorship as well as providing space and ancillary services to start-ups and emerging growth companies in the South Bay geographical area and the communities therein.
- To educate entrepreneurs and startup companies in developing their technologies and businesses;
- To foster innovation in the South Bay;
- To facilitate commercialization of university developed technologies;
- To marshal educational resources for entrepreneurs’ training;
- Arrange technology transfer arrangements between large defense/aerospace companies and small technology-oriented firms in the South Bay, and
- To foster venture capital groups to provide equity capital to the emerging growth companies in the South Bay.
City of Torrance Economic Development Manager serves on the Board of Directors.
Operates out of the Community Center at 1215 El Prado in Old Torrance.
The Small Business Development Center (SBDC)
Whether you want to grow your business or are interested in starting a business, the SBDC can help. The Los Angeles Regional Small Business Development Center (SBDC) Network is funded in part by the Small Business Administration (SBA). It provides individualized consulting and training to new and growing businesses.
Hosted by El Camino College
Business Training Center
13430 Hawthorne Blvd.
Hawthorne, CA 90250
California Manufacturing Technology Consultants (CMTC)
CMTC, a private non-profit corporation, was established in 1992 to provide consulting services to small and mid-size manufacturers in Southern California. CMTC operates through a cooperative agreement between the Hollings Manufacturing Extension Partnership (MEP) of the National Institute of Standards and Technology (NIST) under the Department of Commerce.
California Manufacturers Advantage® (CMA) is a program designed for small and medium sized manufacturers providing a fresh review of your business, bringing technical expertise and leadership to identify and solve problems. Each year our advisors assist hundreds of manufacturers in identifying and implementing solutions to remove barriers to growth.
690 Knox Street, Suite 200
Torrance, CA 90502
Torrance Area Chamber of Commerce (TACC)
Small Business Entrepreneur Program
Interact with other small business owners in the Torrance Area, with a focus on business development, peer-to- peer support, business recognition, and small business networking. The Small Business Committee plans Small Business Week in Torrance, the TACC Business Expo, and serves as the selection committee for the Small Business of the Year Award, presented at the Chamber’s annual Inaugural & Business Awards Celebration. Program takes place third Wednesday of each month.
The City of Torrance Economic Development Manager serves as an Ex Officio Member on the Board of Directors
Torrance Area Chamber of Commerce
3480 Torrance Blvd., Suite 305
Torrance, CA 90503
South Bay Workforce Investment Board (SBWIB)
SBWIB’s One-Stop Business & Career Centers provide an array of “off-the-shelf” and specialized services to assist local companies in meeting their hiring goals, lowering training costs, improving employee skill levels, reducing turnover rates and managing a more qualified workforce.
Services are frequently customized to meet specific business and industry employment requirements. To ensure that local businesses have workforce development and other support that they need, SBWIB provides a broad range of services through our One-Stop system and we are preparing to launch additional services that will be available on-line.
City of Torrance Economic Development Director serves on the Board of Directors
Los Angeles County Economic Development Corporation (LAEDC)
Since 1981, the LAEDC has worked to attract, retain and grow businesses and quality jobs for the 10 million residents of L.A. County.
Business Assistance staff is dedicated to providing business assistance services and answering any inquiries. Services include help with permitting, incentives, workforce development, and financing assistance, as well as project management and connections to public/private resources, cities and regional EDCs. City of Torrance Economic Development Manager serves on Board of Governors.
California Governor’s Office of Business and Economic Development (GO-Biz)
The Governor’s Office of Business and Economic Development (GO-Biz) was created by Gov. Jerry Brown to serve as California’s single point of contact for economic development and job creation efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more.
The Small Business Unit provides small business assistance through interagency projects, informational workshops, and direct advocacy. It also maintains a comprehensive list of resources for small business technical assistance, financing, and state procurement.
The Innovation and Entrepreneurship unit is the state’s primary point of contact for promoting California’s innovation infrastructure. It functions to develop an environment that encourages entrepreneurship, promotes long term economic growth and facilitates job creation through innovation. This unit is primarily responsible for the administration of California’s Innovation Hub (iHub) Program.
Shea Benton, Senior Business Development Specialist
Small Business Administration (SBA)
Since its founding on July 30, 1953, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses.
Los Angeles District Office
330 North Brand, Suite 1200
Glendale, CA 91203
Recycling Marketing Development Zone (RMDZ)
Torrance is part of the Los Angeles County Recycling Market Development Zone (RMDZ). This program combines recycling with economic development to fuel new businesses, expand existing ones, create jobs, and divert waste from landfills.
This program provides attractive loans, technical assistance, and free product marketing to businesses that use materials from the waste stream to manufacture their products and are located in a zone. The zones cover roughly 88,000 square miles of California from the Oregon border to San Diego.
Assistance is provided by local zone administrators. Local government incentives may include relaxed building codes and zoning laws, streamlined local permit processes, reduced taxes and licensing, and increased and consistent secondary material feedstock supply. Local incentives vary from jurisdiction to jurisdiction. In addition to loans, CalRecycle offers free product marketing through the RecycleStore
Foreign Trade Zone (FTZ)
A geographical area, in (or adjacent to) a United States Port of Entry, where commercial merchandise, both domestic and foreign receives the same Customs treatment it would if it were outside the commerce of the United States.
Torrance is within a Foreign Trade Zone through both the Ports of Los Angeles and Long Beach.
FTZ No. 50 Long Beach
Grantee: Board of Harbor Commissioners of the Port of Long Beach
4801 Airport Plaza Drive, Long Beach, CA 90815
FTZ No. 202 Los Angeles
Grantee: Board of Harbor Commissioners of the City of Los Angeles
425 South Palos Verdes Street
San Pedro, CA 90731