September 26, 2017 7:18 AM ET

Commercial Services and Supplies

Company Overview of Valley Economic Development Center, Inc.

Company Overview

Valley Economic Development Center, Inc. operates as a non-profit business development company. The company offers women’s business center, a small business administration program; business workshops and training; direct micro and small business loans; direct financial assistance; consultation services; and entrepreneurial training to individuals and businesses, as well as capital training workshops. It also provides economic development services. In addition, the company offers small business development center program in California. It serves small and medium sized business owners, entrepreneurs, and members of the communities. The company was formerly known as Vitalize Van Nuys, Inc. and ...

5121 Van Nuys Boulevard

3rd Floor

Van Nuys, CA 91403

United States

Founded in 1976

Phone:

818-907-9977

Fax:

818-907-9720

Key Executives for Valley Economic Development Center, Inc.

Director of Finance Administration, Controller and Member of The Board of Directors
Chief Operating Officer
Treasurer
Secretary
Age: 59
Vice President of Operations
Compensation as of Fiscal Year 2017.

Valley Economic Development Center, Inc. Key Developments

VEDC Announces New Board Officers

VEDC announced the election of Nishen Radia as chair of the board of directors. Radia is managing partner and co-founder of FocalPoint Partners. He has served on the VEDC board since 2004 and during that time has worked on a number of committees to help further the organization’s mission. Radia has 18 years of experience advising owners of middle-market companies on mergers and acquisitions, debt and equity recapitalizations and financial restructurings. He previously worked in investment banking at Merrill Lynch, SocGen and Baring Brothers in London, New York and Hong Kong. Scott Aney, senior vice president and regional manager of City National Bank’s Commercial Banking Services in Nevada, and the company’s local market leader will serve as vice chair of the VEDC board of directors. Aney previously held the position of senior vice president and regional manager for City National’s Commercial Banking Services in the San Fernando Valley where he led a team of financial services professionals in the coordinated delivery of the bank’s commercial banking, private banking and wealth management services. He has more than 35 years of experience in banking. In addition to Radia and Aney, VEDC announced the following officer elections: Secretary Anne Williams, chief operating and credit officer for California United Bank. Treasurer Ariel Berrios, a shareholder in Buchalter Nemer’s Bank and Finance Practice Group in Los Angeles. Immediate past chair Pegi Matsuda, senior vice president of community and market development for Valley Presbyterian Hospital.

VEDC Appoints Robert Lopez as Chief Operating Officer

VEDC announced the appointment of lending executive Robert Lopez as chief operating officer (COO). His primary duties as the newly appointed chief operating officer will be to establish and secure an infrastructure that will support VEDC’s national expansion while overseeing daily operations of VEDC’s small business lending and development programs. Lopez comes to VEDC from national online small business loan provider Dealstruck, where he oversaw client services and portfolio risk management as director of servicing. He previously served as chief credit officer at microlender Accion San Diego.

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