Page 39 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.
P. 39

More than 50 percent of Moreno Valley   7% to 26.5%. Businesses may receive
        residents are employed as white-collar   an additional two percent discount for
        professionals. The City has a strong workforce   hiring 20 percent of their workforce
        of more than 104,000.  March Air Reserve   from Moreno Valley residents or an
        Base is the City’s largest employer with   additional four percent discount for
        9,600 employees.                       hiring 40 percent of their workforce
                                               from Moreno Valley residents. Additional
        Moreno Valley offers some of the most
                                               rebates exist for solar power and energy
        affordable corporate lease and land values,   efficiency upgrades.                  MIKE LEE
        as well as the best housing value and cost                                       CITY MANAGER
        of living, in all of Southern California. The     »  City-run Employment Resource Center,   F
        average home value is in the $300,000s.  offering job fair and recruitment services
                                                                                        14177 Frederick St,
                                               to Moreno Valley businesses at no cost
        Cost of doing business is low, with no payroll                               Moreno Valley, CA 92553
        or local wage ordinance.               »  “Hire MoVal,” offering reimbursements for    ☎
                                               local hire of graduates and veterans, as
          ࣿ    Incentives                      well as business license fee waivers and   951.413.3460

        Moreno Valley offers an array of incentives   small business development resources.    ✉
                                                                                    edteam@morenovalleybusiness.com
        to new businesses, including:
                                               »  Designated Foreign Trade Zone

           »  A dedicated business concierge service
                                              For more information, visit our website   www.morenovalleybusiness.com
           »  Unparalleled plan check turnaround times   at www.morenovalleybusiness.com,
                                              email edteam@morenovalleybusiness.
           »  A city-owned electric utility offering   com, or call (951) 413-3460.
            electric rate discounts that range from



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