Page 25 - FDI Alliance International Magazine | September 2018 1

strong educated workforce
With its city-owned electric utility company, Moreno parks, the best new restaurants and breweries,
Three colleges (University of California, Riverside,
Valley offers attractive electric rate discounts that cultural celebrations and theater, all under perpetual
Cal Baptist University and Moreno Valley College)
range from 7% to 26.5%. Businesses may receive an sunshine and palm trees.
attract more than 40,000 students. In total, 44
additional two percent discount for hiring 20 percent hottest Market in southern California
universities and community colleges educate more
of their workforce from Moreno Valley residents
than 225,655 undergraduates within 50 miles of Moreno Valley’s ideal location, business friendly
or an additional four percent discount for hiring
Moreno Valley. atmosphere and motivated workforce are why so
40 percent of their workforce from Moreno Valley
many Fortune 500 companies have made it their
More than 50 percent of Moreno Valley residents residents. Additional rebates exist for solar power
home. Contact us to find out what we can offer you.
are employed as white-collar professionals. The and energy efficiency upgrades.
City has a strong, motivated workforce of more than
The City also developed the “Hire MoVal” program,
84,000 and growing.
which offers business license fee waivers and access
affordability to small business development resources. Together,
Moreno Valley offers some of the most affordable the City of Moreno Valley and the County of Riverside
corporate lease and land values, as well as the best run the popular Employment Resource Center,
housing value and cost of living, in all of Southern offering businesses free workforce recruitments,
California. employee training, business consulting, workshops
and job postings. Under certain criteria, businesses
Cost of doing business is low, with no payroll or local
receive incentives for hiring recent graduates, as well.
wage ordinance.
For businesses operating in imports and exports,
We are also ranked as the third most fiscally strong
Moreno Valley is a designated foreign trade zone. And
city in the nation by The Fiscal Times.
under the Time and Materials program, businesses
accelerating opportunities through may be eligible for cost savings on post-entitlement Mike Lee
incentives Planning, Building & Safety, Land Development and Economic Development Director
Our Go MoVal Strike Team of City representatives Fire Prevention plan check, permit and inspection fees.
stands ready to assist businesses with all needs as things to do 14177 Frederick St,
they happen. Moreno Valley, CA 92553
Residents and visitors alike enjoy the array of
Time is money. Our concierge service assists businesses community programs and events offered by the Phone: 951.413.3460
through each stage of the development process. City, with 200 classes for children and adults, plus
Our unparalleled plan check turnaround times parades, celebrations and family activities. We have Email: edteam@morenovalleybusiness.com
consistently beat other agencies in the region. And an indoor trampoline arena, an equestrian park, a golf Website: www.morenovalleybusiness.com
we recently implemented SimpliCITY, a permitting club and even a Wind Symphony and Master Chorale.
system that allows developers and businesses to Our Southern California location makes it convenient
check their permit status online. to access local beaches and mountains, amusement

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