Unlocking Opportunities: Economic Development Initiatives in Camarillo
Nestled in the Pleasant Valley, Camarillo, California is an ideal place to start, relocate, or grow your business. With a growing population, median household income over $100,000, and 42% of Camarillo residents over 25 holding a bachelor’s degree or higher, the city is full of possibilities.
Camarillo is also business friendly, with low sales tax, low business license fees, and a business-friendly City Council. Municipal leadership supports the evolution of policies, procedures, and municipal code to adapt to the needs of the business community. For example, in May 2023, the city amended its zoning ordinance to better meet the operational needs of life science businesses.
Economic Development
If you’re interested in starting, relocating, or expanding a business in Camarillo, there are many ways the city can help. Camarillo’s Economic Development Team provides concierge support to help you find the right resources for your unique needs and guide you through the startup, management, and growth of your business. Here are a few of the resources available that our team can offer.
Get to Yes
Camarillo’s “Get to Yes” consultation team brings together staff from the city’s Economic Development, Community Development, Public Works, and Building and Safety departments to help businesses move their projects forward. This service is provided at no cost, helping businesses get started, move locations, and more. The Get to Yes team meets with business and property owners interested in development every Tuesday at 10:00 and 11:00 a.m. Meetings offer high-level, full-spectrum analysis of potential development projects and ideas so that you can understand the project’s feasibility quickly.
Business Support Ecosystem
Camarillo is the epicenter of business support in Ventura County with a vast ecosystem of resources available in-town at no cost to you. Whether you’re looking for inspiration for a startup idea, onboarding and upskilling employees, fine-tuning operations for efficiency, marketing your products, expanding to new markets, and more, Camarillo’s resource providers have your back. Explore the economic development initiatives and resources available to you and your business here in Camarillo. If you have questions about the local ecosystem in Camarillo, contact us. We’re excited to help!
City of Camarillo Business Loan Fund
In partnership with the Economic Development Collaborative, the City of Camarillo Business Loan Fund helps business owners overcome some of the hurdles to successful entrepreneurship. The program provides non-traditional funding and access to no cost business advising from experienced advisors. Funding may be used for equipment and inventory purchases and working capital. Loans from $10,000 to $100,000 are available, with six months of interest-only payments followed by 66 months of principal and interest.