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State of the Valley 2013
More than 1200 business, government and community leaders gathered at Joint Venture's annual State of the Valley conference on Feb. 8 in San Jose, where they heard updates on the Silicon Valley economy and talked seriously about stepping up the region's governance and decision making in the wake of impressive growth from San Jose to San Francisco. This overview, produced by PRx Digital, includes comments from keynote speakers, panelists and presenters.
Russell Hancock's Briefing on the 2013 Index
In this video from the 2013 State of the Valley Conference, Joint Venture CEO Russell Hancock briefs the 1500 people in attendance on the highlights in the annual Silicon Valley Index, noting that a surge of prosperity and the highest rate of job growth in a decade has propelled Silicon Valley out of the recession, but challenges remain that bar many residents from sharing in the region’s newfound success.
The comprehensive analysis of the economic strength and overall health of Silicon Valley showed that in spite of vigorous economic progress, uneven income patterns, a slow housing recovery and a widening education gap are keeping many from sharing equally in the recovery, particularly Hispanics and African Americans.The Special Analysis section of the Index also indicated that the growth of tech companies and jobs in San Francisco raise important questions about the Bay Area as a region.
Silicon Valley Index - 2013
The 2013 Silicon Valley Index presents the latest data and trends in economic development, workforce, housing, education, public health, land use, environment, governance, arts and culture and other sectors throughout Santa Clara and San Mateo Counties and portions of Alameda and Santa Cruz Counties. An accompanying Special Analysis section of the report each year takes a closer look at a particularly significant topic.
Smart Energy Enterprise Development Zone (SEEDZ)
Joint Venture's "Smart Energy Enterprise Development Zone" (SEEDZ) initiative unites local energy customers, solution providers, municipalities, institutions and utility interests in building the smart energy network of the future – characterized by the highest levels of power reliability, quality, affordability and sustainability.
Purchasing Power: Best Practices Guide for Collaborative Solar Procurement
A new report co-published by Joint Venture, Optony and the World Resources Institute demonstrates how governments and businesses can save money by joining together to buy solar power. The report, “Purchasing Power: Best Practices Guide for Collaborative Solar Procurement” was issued in conjunction with the U.S. Department of Energy’s Solar America Cities annual meeting in Philadelphia. Collaborative solar purchasing allows governments, businesses or universities in the same region to collectively negotiate solar power contracts.
Cross-jurisdiction Collaboration: New Models for State, Regional, and Local Governments
Joint Venture and Accenture have issued a study that outlines new models for local governments to pool resources and purchase supplies and services as they grapple with daunting fiscal restraints. "Cross-Jurisdiction Collaboration: New Models for State, Regional and Local Governments," cites numerous case studies of successful programs in the Bay Area, California and nationally where communities have partnered to combine purchasing and provide services.
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In The News
June 5, 2013 - (San Jose Mercury News) - Op-ed by Dr. Ted Tasch - Health care revolution: Network upgrades needed to take full advantage of advances in wireless medicine: My work as co-chair of the Wireless Communications Initiative at Joint Venture Silicon Valley has reinforced my belief that carriers and cities need to collaborate. More.
May 2, 2013 - (New York Times) - Airport Exposes Class Divisions in Silicon Valley: “We’re getting more high earners, and they’re skewing the averages completely off,” said Russell Hancock, chief executive of Joint Venture. More.
April 19, 2013 - (Fortune) - Young America: Victims of Irrational Optimism: It's little wonder, since Joint Venture Silicon Valley and Silicon Valley Community Foundation reports that angel investments jumped 90% in 2012. More.
April 15, 2013 - (Examiner.com) - Energy Storage Plays a Key Part in California's Clean Energy Future: Nick Chaset, CA Governor's Special Advisor for DG, CHP and ES, talked at the 2013 Energy Storage Symposium ... organized by Joint Venture Silicon Valley and was held at Microsoft in Mountain View last week. More.
April 14, 2013 - (Examiner.com) - Unearthing Energy Storage Solutions: Organized by Joint Venture Silicon Valley, speakers included Assistant Secretary Patricia Hoffman of the U.S. Department of Energy's Office of Electricity Delivery and Energy Reliability, Commissioner Jon Wellinghoff of the Federal Energy Regulation Commission (FERC) and Nick Chaset the CA Governor's Special Adviser for DG, CHP and ES. More.
April 12, 2013 - (The Raw Story) - Moyers: 'Narcissistic' Government has Created 'United State of Inequality': Russell Hancock, president and CEO of Joint Venture Silicon Valley, points out, “Our economic expansion is pretty staggering, people have referred to it as the longest, most sustained, largest, legal wealth creation in the history of the planet. More.
April 11, 2013 - (Palo Alto Weekly) - Palo Alto Councilmembers Want Wider Sidewalks: The memo argues that the new developments along El Camino Real and Alma "address the street in ways that are inconsistent with the intent and vision of the El Camino Real Design Guidelines and the Grand Boulevard Plan." More.
April 5, 2013 - (Moyers & Company) - Homeless in High Tech's Shadow: We talk to Cindy Chavez of Working Partnerships USA; Russell Hancock of Joint Venture Silicon Valley; Martha Mendoza, an AP writer whose recent piece about poverty in Silicon Valley brought this story to our attention. Video.
March 25, 2013 - (San Jose Inside) - Board of Supervisors to Discuss Funding Nonprofits, Lowering Tax Threshold: Joint Venture Silicon Valley projects a similar downward trajectory. More.
March 20, 2013 - (Peninsula Press) - Despite Critics, Palo Alto Mayor Presses on with High-Speed Internet Expansion: According to a 2013 report by Joint Venture Silicon Valley ... total patent registrations in the region were up this year, and over 200,000 people were employed in Science and Engineering industries. More.
March 18, 2013 - (ABC7 News) - Mineta San Jose Airport Reaches Out to Passengers: And right now we have this phenomenon of these business customers bypassing their own airport and going all the way to San Francisco." said Joint Venture Silicon Valley CEO Russell Hancock. More.
March 12, 2013 - (California Economy Reporting) - Silicon Valley Says Bring on the Smart Energy: Joint Venture Silicon Valley saw this as an opportunity to demonstrate how "smart energy" could be done right. More.
March 10, 2013 - (Associated Press) - Many Left Behind as Silicon Valley Rebounds: ...average income for Hispanics, who make up one in four Silicon Valley residents, fell to a new low of about $19,000 a year... according to the annual Silicon Valley Index released by Joint Venture Silicon Valley. More.
March 4, 2013 - (Peninsula Press) - Santa Cruz: We're More Silicon Valley than Surfing: And while it’s become “the world’s best brand name,” according to Russell Hancock, president of the civic group Joint Venture Silicon Valley, the lack of geographic boundaries means it can be hard to define. More.
February 17, 2013 - (San Jose Mercury News) - Mike Cassidy: San Jose Needs to Harness its Innovation Spirit to Level the Playing Field for Blacks and Hispanics: Amid the soaring optimism of the latest regional score card from Joint Venture Silicon Valley and the Silicon Valley Community Foundation was one incredibly depressing fact. More.
February 14, 2013 - (Fox News Latino) - Latinos Aim for Success in Thriving Silicon Valley: Dr. Russell Hancock, CEO of the Joint Venture Silicon Valley, which compiles the Silicon Valley Index each year, told Fox News Latino that the latest data shows the “glaring” education gap in the community is becoming more pronounced. More.