Welcome to the Fall issue of Fresh Biz,  a quick jolt of Economic Development news brewed especially for you and your business by the City of Rancho Cordova. Read on for current news and projects, useful business resources and more. Thank you for being a part of our Rancho Cordova business community!
Local News for Your Business
Catch Up on What's Happening

City of Rancho Cordova's Commercial Facade Improvement Program is now live!

The City of Rancho Cordova is excited to announce a new business incentive, the Commercial Facade Improvement Program.

The program is designed to support businesses with exterior improvements. Businesses can apply for grants to make improvements to signage, exterior cleaning and painting, awnings, lighting, landscaping and more.

Businesses with small projects can apply for a $5,000 mini grant, and businesses with larger projects can apply for a matching grant up to $70,000. The program is funded by the City's Community Enhancement Fund, which is supported by a half-cent, voter-approved sales tax measure. It joins the City's two other innovative business-oriented programs, the Revolving Loan Program and Business Incentive Program.

For more information and to apply now, please contact the City's Economic Development Department at 916-851-8780 or econdev@cityofranchocordova.org

Check Zoning
Get zoning information for your business quickly and easily. Enter your business address for fast information on zoning and approved uses. Click here to get started.

Start a Business
Do you want to start a business in the City of Rancho Cordova? Learn how in a few quick steps with our easy-to-use OpenCounter service. You can quickly generate a list of required permits and calculate estimated permitting and licensing fees. Click here to get started.
Resource Hig hlight
In each issue,  Fresh Biz will highlight partner organizations and resources available to local businesses. The City wants to connect your business with new ways to grow and thrive.

Do you know the state of California is offering over $200 million in tax credits this year to incentivize businesses to create full-time jobs? 

The California Competes Tax Credit Program is a competitive incentive program for businesses to create full-time jobs. Applicants are evaluated on 11 factors, including:
  • Number of jobs to be created
  • Average wages paid
  • Overall capital investments
  • Rate of unemployment or poverty of the business location
  • Opportunity for future growth and expansion
Any business may apply, regardless of industry, size or location. Join the 865 California businesses that have been awarded $622.8 million in tax credits since Governor Brown created the California Competes Tax Credit program in 2014!  The application is free and the Governor's Office of Business and Economic Development (GO-Biz) is available to explain how the program can help your business expand in the Golden State. T he next application period begins January 2, 2018 .  

For more information visit the California Competes Tax Credit program . Let us help you save money and take your business to the next level.


Business Highlight 

Are you an entrepenuer looking for a space to work? Or a small business not ready to sign a lease? Rancho Cordova's first co-working space, WorkFlow Lounge, is here to help!

Born out of a need to find affordable space and fueled by a desire to help others, WorkFlow Lounge opened on October 2, 2017 and is Rancho Cordova's only co-working space and business development center.  WorkFlow Lounge is designed to offer small business owners, independent contractors, and location-neutral workers an affordable, professional, and comfortable space to work in.  The space is equipped with amenities business owners need to run their businesses, including Wi-Fi, telephones, printers, faxes, scanners, coffee, tea, filtered water, microwave, refrigerator and more.  It offers a large, open co-working space along with several shared private offices to meet with clients one-on-one.  There are also two conference rooms for larger group meetings. Use of the facility is on a membership basis.  

WorkFlow Lounge offers workshops on the first Wednesday of each month, designed to help small business owners get information and resources to grow their business.  Topics include QuickBooks, goal setting, starting your new business, social media, networking, business structuring and financing.  

WorkFlow Lounge serves the Rancho Cordova and greater Sacramento area with very personalized service and is located at 9912 Business Park Drive, Suite 170, Sacramento, CA 95827.  
Calendar of Events
Write These Down...

Rancho Cordova City Council Meetings
Monday, December 18th, 5:30 p.m.
Tuesday, January 16th, 5:30 p.m.
Monday, February 5th, 5:30 p.m.
Tuesday, February 20th, 5:30 p.m.
Monday, March 5th, 5:30 p.m.
Monday, March 19th, 5:30 p.m.
Rancho Cordova City Hall, 2729 Prospect Park Drive 

Rotary Club of Rancho Cordova Luncheon Meeting
Every Tuesday, 12:15 - 1:30 p.m.
Rancho Cordova City Hall, 2729 Prospect Park Drive
Rotary is a leadership organization made up of local business, professional and civic leaders, and other community members. Through networking and projects, they work to help the community combat hunger, improve health and sanitation, provide education and job training, and promote peace under the motto Service Above Self. Come see what they're all about!

SCORE Sounding Board
Every second and fourth Wednesday of the month, 10 a.m. - 12 p.m.
Rancho Cordova City Hall, 2729 Prospect Park Drive
In this small group session, you'll get a chance to discuss your challenges and opportunities with an experienced counselor and other small business owners and entrepreneurs. Work together to brainstorm actions you can take to move your business forward productively. Sacramento S CORE was established in 1978 and currently helps more than 5,000 clients each year via workshops, counseling, forums, and seminars. Learn More or  Register Here

2018 Business Outlook & Economic Forecast
Wednesday, January 31st, 8 - 10 a.m.
Sacramento Marriott Rancho Cordova, 
11211 Point East Drive
This is a must-attend event for business leaders who value well-researched information and insight into the economic development of our community. The event offers analysis of markets within the region and dynamic views on national trends, regional perspectives and local indicators.  Click here for more information

Sac State Health, Science, and Technology Career Fair
Tuesday, February 27th, 12 p.m. - 3 p.m.
California State University, Sacramento
The Health, Science and Technology Career Fair gives employers the opportunity to meet students interested in careers in health, science and related technology fields. Take part in this event and tap into the Sacramento student and alumni talent! Click here for more information
 
Project Highlight
Curious about the latest and greatest businesses and projects popping up in the City of Rancho Cordova? Here's the scoop:

BUSINESS
STATUS LOCATION
Menchie's Yogurt Now Open 10933 Olson Drive
Bath and Body Works Now Open 10849 Olson Drive
Back to the 80's Cafe and More Now Open 3084 Sunrise Blvd
Kiki's Chicken  Now Open 10394 Rockingham Drive
Estacion DF Now Open 3000 Sunrise Blvd
Hop Hero Home Brew Supply Now Open 10487 Folsom Blvd
Great Clips Now Open 4022 Sunrise Blvd
WorkFlow Lounge Now Open Business Park Drive
Thin Line Brewing Company Now Open  11345 White Rock Road 
Petali Italian Restaurant Coming Soon 3101 Zinfandel Drive
MOD Pizza  Coming Soon  10909 Olson Drive
Fire Wings Coming Soon 10909 Olson Drive
SF Market Coming Soon 2738 Sunrise Blvd
Beauty by Thread Coming Soon 3151 Zinfandel Drive

Fantastic Sams		 Coming Soon  3151 Zinfandel Drive
J.J. Pfister Distilling Coming Soon 9819 Business Park Drive
Huong Lan Coming Soon 10145 Folsom Blvd
Poke Cube Coming Soon Capital Village
Strad Meadery  Coming Soon 2539 Mercantile Drive
BDX at Capital Village
(199 upscale apartments)		 Under Construction Capital Village
Sunridge Plaza
  • 9Round Kickboxing
  • Burgerim
  • Bark Avenue
  • Chase Bank
  • Jimboy's Tacos
  • NG Cleaners
  • Soho Sushi
 Businesses Coming Soon Sunrise Boulevard & Douglas Road

Did You Know?
financial_advisor_chart.jpg

Curious  about the mix of occupations in Rancho Cordova's 54,000 person workforce? Here's the rundown of our City's largest employment by occupation:
  • 10,798 employees - Office and Administrative Support Occupations
  • 7,961 employees - Business and Financial Operations Occupations
  • 5,812 employees - Sales and Sales-related Occupations
  • 5,400 employees - Construction and Extraction Occupations
  • 4,216 employees - Management Occupations