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LAGLCC Announces New Capacity Building Program with AEG

January 8, 2019

LOS ANGELES--(BUSINESS WIRE)--Jan 8, 2019--The Los Angeles Gay and Lesbian Chamber of Commerce today announced that it has formed a partnership with AEG, the world’s leading sports and live entertainment company, to develop a capacity-building program designed to promote the economic growth and development of LGBTQ-owned businesses in Los Angeles.  The program will help qualified small-and medium-sized LGBTQ-owned businesses reach their next level of growth through mentoring, partnerships, referrals and promotions.

“Capacity building is an investment in the effectiveness and sustainability of LGBTQ businesses,” said Marquita Thomas, Executive Director of the LAGLCC. “We believe that this initiative will be particularly beneficial to many LGBTQ businesses by addressing important issues of organizational development and effectiveness. We are thrilled to be partnering with AEG on this exciting program.”

LAGLCC members can apply to participate in the program by filling out an application by February 28, 2019, the selected business will be announced at the WBA LGBT Economic Summit at the Westin Bonaventure on Friday, March 15, 2019.

LA-based organizations that participate in the program must demonstrate strong organizational leadership, have a proven track record of success, and have a strategic business plan. Additionally, they should be able to articulate a clear, well-thought-out vision for how the improvements would advance the organization’s capabilities and long-term viability.

“Many organizations work hard to develop strategic plans that can only be realized through internal capacity building,” said Scott Bosarge, SVP of Business Services at AEG. “Our partnership with the LAGLCC helps local organizations to build momentum to move towards their goals. We are thrilled to partner with LAGLCC on this important new initiative.”

About LAGLCC

Founded in 1979, the LAGLCC increases the economic strength of LGBTQ and allied businesses through business development, leadership, visibility and advocacy.

About AEG

Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. With offices on five continents, the company operates in the following business segments: AEG Facilities, which is affiliated with or owns, manages or consults with more than 150 preeminent arenas, stadiums, theaters, clubs and convention centers around the world including STAPLES Center, The O2 Arena, the Sprint Center and the Mercedes-Benz Arenas; AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals; AEG Real Estate, which develops world-class venues, as well as major sports and entertainment districts like STAPLES Center and L.A. LIVE; AEG Sports, which is the world’s largest operator of sports franchises and high-profile sporting events; and AEG Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands, AXS.com ticketing platform, AXS cable television channel and its integrated entertainment districts, AEG entertains more than 100 million guests annually. More information about AEG can be found at www.aegworldwide.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190108006123/en/

CONTACT: Allegra Batista

AEG

abatista@aegworldwide.com

213-259-9953

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENTERTAINMENT GENERAL ENTERTAINMENT SMALL BUSINESS PHILANTHROPY PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES OTHER PHILANTHROPY CONSUMER GAY & LESBIAN FOUNDATION

SOURCE: AEG

Copyright Business Wire 2019.

PUB: 01/08/2019 06:05 PM/DISC: 01/08/2019 06:05 PM

http://www.businesswire.com/news/home/20190108006123/en

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