Page 33 - FDI Alliance International Magazine Summer 2020 Digital Interactive Issue
P. 33

More than 50 percent of Moreno Valley residents   ा   Incentives          Additional rebates exist for solar power and
        are employed as white-collar professionals. The City                      energy efficiency upgrades.
        has a strong workforce of more than 88,000.  March   Moreno Valley offers an array of incentives to new     » “Hire MoVal,” offering reimbursements for
        Air Reserve Base is the City’s largest employer with   businesses, including:
                                                                                  local hire of graduates and veterans, as well as
        9,600 employees. The second largest is Amazon,
                                              » A dedicated business concierge service   business license fee waivers and small business
        with 7,500.
                                                                                  development resources.
                                              » Unparalleled plan check turnaround times
        Moreno Valley offers some of the most affordable
                                                                                  » Designated Foreign Trade Zone
        corporate lease and land values, as well as the best     » A city-owned electric utility offering electric
        housing value and cost of living, in all of Southern   rate discounts that range from 7% to 26.5%.   For more information, visit our website at www.
        California. The average home value is in the mid   Businesses may receive an additional two percent   morenovalleybusiness.com, email edteam@
        $300,000s.                            discount for hiring 20 percent of their workforce   morenovalleybusiness.com, or call (951) 413-3460.
                                              from Moreno Valley residents or an additional
        Cost of doing business is low, with no payroll or   four percent discount for hiring 40 percent of
        local wage ordinance.                 their workforce from Moreno Valley residents.


















                                                                                            Mike Lee
                                                                                          City Manager
                                                                                               F

                                                                                        14177 Frederick St,
                                                                                     Moreno Valley, CA 92553
                                                                                               ☎
                                                                                          951.413.3460

                                                                                  www.morenovalleybusiness.com









                                                                                  33. FDI ALLIANCE INTERNATIONAL
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