LA Business Council Institute and USC Sol Price School of Public Policy Center for Economic Development Launch Groundbreaking Database of Over 31,000 Small Businesses in LA County

Key Facts

• LOS ANGELES--(BUSINESS WIRE)--As the Los Angeles region prepares to host a wide range of major sports and entertainment events expected to deliver significant economic impact in the coming years, the Los Angeles Business Council Institute has spearheaded the launch of an innovative database designed to help government agencies, contractors, and intermediaries identify small, local businesses who can compete for and win a broad mix of LA’s upcoming contracting opportunities.

• “Four months ago, the launch of RAMP marked an extraordinary upgrade to our city’s procurement system, simplifying the process for small and disadvantaged businesses to pursue contracts with the city” > > Tweet this Developed in collaboration with the University of Southern California Sol Price School of Public Policy’s Center for Economic Development, Compete4LA aims to help level the playing field for local businesses seeking to support the region’s major sports, entertainment, and cultural events, as well as major public infrastructure projects.

• The Compete4LA database was developed with the intent to move small businesses onto the City of Los Angeles’ recently launched regional procurement system, the Regional Alliance Marketplace for Procurement (RAMP), a portal that centralizes both public and private procurement opportunities for the region.
• The Compete4LA database is a powerful tool to address underlying equity issues in Los Angeles by connecting public agencies, prime contractors, and intermediaries to small and diverse businesses in neighborhoods that have historically lacked access to capital and opportunities.

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