Planning Phase Fund
During the Planning Phase, $5 million was allocated to each of the 13 regions under California Jobs First to:
1. Establish a collaborative network of regional stakeholders and community members,
2. Conduct research and lead community engagement activities, and
3. Define Regional Economic Plans.
Our region’s Planning Phase, led by our Collaborative with representation from diverse community partners—including labor, business, local government, education, environmental justice advocates, and community organizations—spanned from March 2023 to June 2024. Through a combination of quantitative research, meaningful community engagement, and conversations with economic development partners and industry leaders, we successfully developed a data-driven, community-led Regional Plan.
Catalyst Fund
In the Catalyst Phase, Valley Vision is soliciting competitive proposals for pre-development project activities. There is $9 million dedicated for funding projects that align with our high opportunity industry sectors outlined in the Regional Plan.
The goals of the Catalyst Phase are to:
- Invest in opportunities that will advance environmentally sustainable, future focused, high quality job opportunities.
- Fund projects that ensure workers and disinvested communities are the primary beneficiaries.
- Advance projects toward implementation readiness, positioning them to compete effectively for future federal, state, or private funding.
Implementation Phase Fund
In 2025, the state will release $120 million in competitive funding over three years to support “ready-to-go” job-creating projects aligned with State priority sectors.
Our Collaborative will play a key role in identifying support for specific project proposals that are ready for implementation.
Tribal Funding Opportunity
The state’s Tribal Funding Opportunity is set to invest $25 million statewide to support economic development in tribal communities. The fund will specifically invest in tribal-led planning and implementation projects, which must be completed by September 2026.