NEW SUPPORT NETWORK LAUNCHED FOR UK BUSINESSES IN SOUTHERN CALIFORNIA AS LAEDC REPORT SHOWS UK FIRMS EMPLOY MORE THAN 52,000 IN GREATER LOS ANGELES

The initiative comes as the third annual UK Foreign Direct Investment in California report, published by the Los Angeles County Economic Development Corporation in partnership with the British Consulate General in Los Angeles, confirms that more than 2,300 UK enterprises have set up in California, sustaining nearly 100,000 jobs. More than half of these jobs (approximately 52,500) are locat- ed in the five-county greater Los Angeles area.

The mission of the new UK Investor Network Southern California (UK IN SoCal) is to help UK companies navigate their business growth in greater Los Angeles, as well as unlock new business opportunities for member companies by:

Enabling introductions, networking, referrals and partnerships

Providing soft landing and mentorship for new-to-market companies

Facilitating knowledge transfer on doing business in the US Building British business profile in greater Los Angeles UK IN SoCal and its sponsors will host and organise events throughout the year to encourage networking; provide insights on specific issues and relevant