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VEDC Building Center for Job Creation

The Valley Economic Development Center will construct this year a facility in the northeast San Fernando Valley for workforce training. The Pacoima Entrepreneurship and Training Center costs $5 million to build and will be shared by the VEDC and two other not for profit groups that do on-site training. The Sherman Oaks-based not for profit lender and business assistance group received a $3.75 million grant from the Economic Development Administration, part of the U.S. Department of Commerce to go toward the project and will contribute another $1.25 million, said Warren Cooley, vice president of operations for the VEDC. “We have to show direct involvement out of the facility in programs and projecst that generate 300 full time jobs,” Cooley said. The 12,000 foot center will be located on the northeast corner of Van Nuys Boulevard and Telfair Avenue. The VEDC owns the property. The project will go out for bid in the spring and construction is expected to be completed in early 2013, Cooley said.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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