Cities Index.
Presentation

Economic Development Committee
November 20, 2025

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Presentation
Meeting
November 20, 2025
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Economic Development Committee
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3.4 MB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

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1 Strategic Initiatives and Next StepsN O V E M B E R 2 0 , 2 0 2 5www.riversideca.gov/cedd @rivecondevWorkforce Development Toempowerindividuals across our diverse communitieswith theskills, opportunities, and supportneeded tothrivein a dynamic economy. Throughstrategicpartnershipswith industry, education, and civic leaders, wedeliver aninclusive, equitable, and future-readyworkforce. We aim to build a resilient workforce byaligning training with high-demand sectors, supportinglifelong learning, and investing in innovation. Together, weare cultivating a vibrant economic future that reflects thetalent, diversity, and potential of our city.

Mission

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2 AEROSPACE & DEFENSEMEDICAL/BIO

GREEN TECHARTS & TOURISM
GENERAL TECHNOLOGYAreas of Focus•Inventory of Current Workforce Ecosystem•Create Workforce Development Agency Resource Map•Data collection and analysis of regional workforce trends•Inventory of Top Jobs (Current and Forecasted)•Exploration of Minimum Requirements•Strategies for Talent Acquisition•Identify Partnership Opportunities•Exploration of Strategies to Leverage Resources

FIVE AREAS OF EXCELLENCE
Harvard: Project on Workforce oWorkforce AlmanacSunstone Economic Development ChallengeoPartnership with Sunstone Cities and USC Price School of Public PolicyoFocus on developing strategies to attract and retain business and support job creation.GRCC – Riverside Task Force: Keeping Local Talent LocaloTask force of local public, private, non-profit, and student stakeholders.

Key Partnerships

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3 Focus on Economic MobilityoCreate more effective and equitable pathways to economic mobility.Connecting Education and EmployersoProject works to close the gap between what is taught in schools and what employers actually needResearch and Practical ApplicationoCreate more effective and equitable pathways to economic mobility Workforce Ecosystem Mapping Project

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4 Access to Innovative, No-Cost ConsultingoClient cities receive focused, high-level consulting services from bright graduate students at no costConnecting Education and EmployersoThe student teams conduct in-depth research and analysis tailored to the city's unique circumstances. Develops Future Talent PathwaysoBy working closely with talented and motivated public policy students, cities can showcase themselves as attractive places to work. Strengthens University and Private Sector PartnershipsoThe Challenge creates a powerful collaboration between the public sector (the city), academia (USC), and the private sector (Sunstone).

SUNSTONE ECONOMIC DEVELOPMENT CHALLENGE
oEvaluation of key industry sectors (Areas of Excellence)oResearch employer incentive programs for local hiringoEvaluate employment trends for Riverside residents and for commuters who work in RiversideoProvide findings and recommendations SUNSTONE ECONOMIC DEVELOPMENT CHALLENGEScope of Services

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5 Riverside Task Force:Keeping Local Talent Local
oTen meetings (September 17 – November 19, 2025) oInformation sharing sessions to draft policy recommendations and best practicesoPresentations from Public Higher Education, Private Higher Education, K-12 Education, Public Sector, Private Sector, Non-Profit Sector, and Medical SectoroFinal report and presentation to Mayor and City Manager Bringing It All TogetherNext Steps and Benchmarks•Workforce Development Ecosystem Inventory•Workforce Development Agency Resource Map (Harvard Workforce Almanac)•Analysis and Recommendations for Keeping Local Talent in Riverside (GRCC – Think Tank)•Analysis of Workforce Trends, Top Jobs, and Requirements•Analysis of Regional Best Practices for Hiring Incentives of Local Talent (Sunstone Cities/USC)•Study/Survey on Where Residents Work and What Types of Jobs They Have. Additionally, Who is Commuting to Riverside Work (Sunstone Cities/USC)•Accelerator for America Inclusive Department Action Plan Quarter 2(Nov. 2025)Quarter 2(Nov. 2025)Quarter 2(Dec. 2025)Quarter 3(March 2026)Quarter 4(April 2026)Quarter 4(April 2026)Quarter 4(June 2026)

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6 THANK YOU FOR YOUR SUPPORT! www.riversideca.gov/cedd @rivecondev

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