Joel Belding
Economic Development Director
August 6, 2025
The City Council authorizes the
Economic Development Director,
or their designee, to execute a
Professional Services Agreement
with the CORONA Chamber of
Commerce to provide business
support and coordinate
community events.
2 Resource
Partners
Financing &
Incentives
GO-Biz
SBDC
SBA
Workforce &
Training
LAUNCH
RCWDC
RCCD
Recovery &
Resiliency
Riverside County
Office of Economic
Development
Environmental
Health
CMTC
Education &
Mentorship
SCORE
Chamber of
Commerce
Asociacion de
Emprendedor@s
CORONA Chamber of Commerce
▷ Mission: Promote business advocacy,
community, and economic development,
while serving as a catalyst for improving the
community’s overall quality of life.
▷ The City and Chamber have a longstanding
partnership focused on enhancing business
promotion and driving economic growth in Corona.
4 Chamber
2026
Proposal
Item FY 25 Contract / In-Kind FY 26
Proposal FY 26 Recommend / In-Kind Summary
Executive Partner Marketing
Support $18,000 $18,000 $18,000 Continue marketing partnership; support Shop Dine Corona.
Business Workshops $20,000 (4 workshops) $40,000 (8
workshops) $10,000 (2 workshops) Recommend 2 workshops; additional workshops supported internally.
New Business Welcome
Reception $4,000 $4,000 $4,000 Annual welcome reception to support business retention and engagement.
Manufacturing Tours & Industry
Visits $10,000 $10,000 $10,000 Support 5+ tours and up to 2 major industry events.
Good Morning Corona, Events $6,250 $10,000 (10
events) $5,000 (up to 5 events) Sponsor up to 5 events with the Chamber.
Taste of Corona $5,000 - $5,000 Sponsor annual event per prior City commitment.
Executive Leadership
Roundtable $3,500 - $3,000 Send two staff to build community relationships.
Host Local Gov ELR Day $3,000 (in-kind) - $3,000 (in-kind) Provide staff support for ELR Local Government Day.
Business Expo $1,250 (in-kind) - $1,250 (in-kind) Provide in-kind support for venue and staff.
Chamber Working Group
Meetings $3,000 (in-kind) - $3,000 (in-kind) Provide in-kind support for meetings and facilities.
Community & Business Surveys - $15,000 $5,000 Recommend one survey using City’s capacity to assess business needs.
Economic Forecast Event - $7,500 - Not recommended due to cost and alternatives.
Innovation Month - $20,000 - Not recommended; lacks alignment with City goals.
World Trade Conference - $6,000 -
Not recommended due to cost and strategic
misalignment.
Women’s Leadership Conference - $5,000 -
Not recommended; open to providing in-kind
support.
Custom Introductions &
Onboarding - $15,000 - City staff to handle internally.
Downtown Initiatives - $10,000 - City staff to handle internally.
TOTAL $66,750 + $7,250 (in-kind) $142,500 $60,000 + $7,250 (in-kind) Overview of Recommended Services FY 2026
Agreement
• Business Workshops: Two Chamber-hosted workshops; additional sessions can be handled by City staff.
• Executive Partner Marketing: Includes print, digital, and co-branded outreach, with Shop Dine Corona as a featured component.
• Manufacturing Tours & Events: Five tours and up to two major industry events. • New Business Reception: Annual in-person welcome event with Chamber partnership. • Taste of Corona: Annual event celebrating community and local businesses. • Good Morning Corona: City will sponsor five events; staff can attend additional sessions. • Community & Business Survey: One coordinated outreach survey to assess business needs • In-Kind Support: Staff time and facility use for Business Expo, Working Groups, and Local Government Day.
• Executive Roundtable: Participation in regional leadership fosters cross-sector collaboration and engagement.
The City Council authorizes the
Economic Development Director,
or their designee, to enter into a
Professional Services Agreement
with the CORONA Chamber of
Commerce for business support
and community events
7