Last week, the Los Angeles County Economic Development Corp. hosted its 29th annual Eddy Awards at the LA Memorial Coliseum.
The event featured 600 leaders in the area celebrating economic development in the region. Art from local artists was available for sale.
Hilltop Coffee + Kitchen, a Black-owned coffee chain that opened its first location in South Los Angeles in 2018, won the Small Business Award; downtown-based Capital Group, an investment manager, won the Corporate Partner of the Year Award; the San Pedro Bay Ports won the International Partner of the Year Award; and LA Room & Board won the Workforce Development Award.
Two cities were also recognized as the Most Business-Friendly Cities at the event: Monterey Park and Lancaster.
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The iconic Helms Bakery in Culver City reponed earlier this month. While the bakery’s sign was left to anchor the Helms Bakery District, the bakery itself, which originally opened in 1931, had been closed since 1969.
Sang Yoon, who owns Father’s Office, is behind the reopening. Executive Chef Nanor Harboyan, formerly of Destroyer, and baker Jacob Fraijo are running its day-to-day food production, according to Eater LA.
The bakery has a number of pastry items and roasts coffee on site.
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The Claremont Lewis Museum of Art has received a large grant from the Perenchio Foundation.
The museum called it “one of the most significant grants the Museum has received since it reopened in the Claremont Depot site in 2016” in a press release.
“With support from the Perenchio Foundation the Museum will enhance its ability to serve the region as an artistic and creative hub,” Martin Betz, Claremont Lewis Museum’s executive director, said in a statement.
The Perenchio Foundation was founded by late billionaire A. Jerrold “Jerry” Perenchio. Prior to his passing in 2017, he was a mainstay on the Business Journal’s annual Wealthiest Angelenos list. The year of his passing he was worth more than $4 billion.