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Creating Economic Opportunity
Economic Resources Corporation
Phone: (310) 537-4610
2600 Industry Way, Lynwood, CA 90262
Fax: (310) 762-6211
Economic Resources Corporation (ERC) is a California nonprofit corporation whose mission is to promote economic development and job creation in underserved neighborhoods through a multi-disciplined program of small business support and targeted real estate investment. The company was established in 1968 by a group of Los Angeles business and civic leaders at the invitation of the US Department of Commerce Economic Development Administration.
Since 1968, ERC has traditionally focused on small and medium business enterprises, seeking the creation of new jobs, higher incomes and entrepreneurial opportunities. Because business communities and their surrounding residential counterparts are intrinsically linked, ERC correlates business investment with improvements in other areas of the community creating strong interlocking relationships between Economic Development and Community Development. In addition to the development of industrial and commercial real estate, ERC has, during its existence, provided technical, management and financial assistance to businesses and other community nonprofit organizations.