1. Los Angeles Unified School District
Creating Economic Development through Small Business &
Local Worker Participation
December 2, 2008

2. Economic Impact 239,000 Jobs $12B In Wages
Projected Total Economic Impact
239,000 Jobs
$12B In Wages
$1.2B In Local And State Taxes
$2.5B Awarded To Small Businesses

3. Small Business Program
Small Business Participation
25% Goal
Currently 58% ($1.86 billion)
Small Business Boot Camp
8-week program for small contractors
$125 million+ awarded to graduates
Locations: Central LA, East LA, SFV
Classes begin April 2009
Contractor MoneyWorks
5-seminar program
Increases financial literacy and capacity
Facilitates access to bonding and capital

4. Small Business Program (cont.)
Contractor BondWorks
Eliminates barriers to bonding and capital
Bonding Assistance via guarantee up to $400,000
Line of Credit via guarantee up to $200,000
Eligibility Criteria
Small Business Enterprise (SBE)
Graduation from Small Business Boot Camp or Contractor Academy
Labor Compliance Training Certificate
Project Stabilization Agreement Training Certificate
Contractor Prequalification

5. Workforce Development Accomplishments
33% Local Worker Participation Level since July 2004
56,541 Total Workers
$664.4 million in wages
$30.00 average hourly wage
18,127 Total Local Workers
$221.9 million in wages
$28.10 average hourly wage
38,649 Total Workers within LA County
$473.9 million in wages
$29.20 average hourly wage
“We Build” Trainees at East Los Angeles Skills Center

6. “We Build” Program A Key to Workforce & Economic Development
Objectives
Help Fulfill Contractor Apprentice Needs
Help Cultivate Local Workforce
Fulfill 50% Local Worker Goal
Encourage local
Strategic Goals to Increase Local Worker Participation
Contractor utilization of local workers & sponsorship of We Build
graduates
Priority dispatching of local union craft workers to LAUSD projects
Continued union partnerships to increase local worker access to union
apprenticeship

7. iSEE Architecture & Engineering Internship Program

8. Questions???