top-slides-home18.jpg

Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Jeff Lewis named Director, Smart Region Initiative

Jeff LewisApril 22, 2019 – Joint Venture Silicon Valley announced that Jeff Lewis has been named Director of Joint Venture’s Smart Region Initiative where he will oversee a coalition between local governments, businesses, and residents working together to improve the application of smart city technologies across the region.

A veteran in the field of Information Technology, Lewis previously served as Director of Information Technology for the cities of Concord and Merced. As a CIO Jeff has led Smart City, broadband, IT strategic planning, enterprise architecture, policy, and research initiatives for local government. He has focused on the advancement of digital government, security policy, innovation, and emerging technologies.

Meet Dr. Mary A. Papazian, San Jose State University

Mary Papazian “You can't have a great city without a great university, and you can't have a great university without a great city.”

April 19, 2019 - Dr. Mary A. Papazian has the pedigree to lead a great university. A native of Los Angeles, Dr. Papazian had nearly 30 years of teaching and academic administrative experience when she became San Jose State University’s 30th president and the first Armenian American female president of a university on July 1, 2016. That same year she joined the Joint Venture Silicon Valley Board of Directors. 

Read the profile

Rachel Massaro named 2019 Woman of Influence by Biz Journal

Rachel MassaroApril 12, 2019 - Silicon Valley Business Journal has named Rachel Massaro, Vice President and Director of Research at Joint Venture Silicon Valley and for the Silicon Valley Institute for Regional Studies as one of Silicon Valley's 2019 Women of Influence award winners.

Read the article

Silicon Valley Talent Partnership teams with Inspire and City of San José for 2020 census rollout

April 22, 2019 - As part of Joint Venture’s Silicon Valley Talent Partnership project, a team of pro-bono consultants from Inspire helped the City of San José prepare for the rollout of the 2020 Census. The team developed Census “kiosks” at locations such as community centers to reach hard-to-count populations, including those 30% of low-income residents who don’t have access to the internet. SVTP leverages Silicon Valley’s highly skilled, pro bono human capital to catalyze measurable change. Learn more

Data Release: Silicon Valley sets pace for electric vehicle adoption 

Electric car April 22, 2019 - The Joint Venture Institute for Regional Studies today reported that Silicon Valley’s total number of registered electric vehicles (EVs) surpassed 80,000 in 2018, comprising nearly 20% of all such vehicles in California, and by far the highest numbers of any region per capita. Learn more

Joint Venture’s Wireless Communications Initiative 5G Seminar: Hands-on Roadshow

April 2, 2019 - Momentum towards deployment of 4th and 5th generation technology for wireless telecommunications is growing. To educate and inform municipal leaders about 4G and 5G, Joint Venture’s Wireless Communications Initiative is partnering with telecommunications carriers to host a series of roadshow events throughout the Bay Area. These invitation-only events are open to municipal CIOs and IT staff, city managers, elected officials, and leaders involved in planning, public works, and economic development. Joint Venture Roadshow events will be scheduled in the Monterey Bay, East Bay, and North Bay regions. Municipal leaders interested in attending roadshow events should email or call (408) 298-9333.

Joint Venture Food Rescue expands reach

100K pounds of food, 80K meals in 6 months

April 2, 2019 - Joint Venture’s food rescue initiative, A La Carte, has collected more than 100,000 pounds of prepared surplus food from universities and corporate food services...more than 80,000 meals for people who are food insecure. This spring A La Carte will purchase an additional truck. John A. Sobrato, Chairman Emeritus of Sobrato Development Companies, Sobrato Philanthropies, and a current member of Joint Venture’s board of directors, has donated $125,000 to the effort.

Learn more

Investors Council Spotlight

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. Here are just a few of our many investors:

CA Grand Jurors Association logo CALWA logo UC Santa Cruz Silicon Valley Extension logo

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

Silicon Valley Indicators

indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

The site is maintained and constantly updated by Joint Venture's Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

Download the 2019 Silicon Valley Index.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

crowd w/ report cover New data from Silicon Valley Institute for Regional Studies

San Jose baby represents three millionth resident

May 5, 2015 – Silicon Valley’s population has reached three million for the first time, Joint Venture’s Silicon Valley Institute for Regional Studies announced today.

Researchers at the Institute, using population data from the state and daily growth calculators for the region, predicted that Silicon Valley would top the three million mark by early May.

“This milestone goes hand-in-hand with our hot economy,” said Russell Hancock, president and CEO of Joint Venture, which houses the Institute. “Still, it’s a startling figure that puts our explosive growth in perspective.”

Rachel Massaro, Joint Venture vice president and senior research associate for the Institute, said Silicon Valley has been growing at the rate of one person every 16 minutes, or nearly 90 people a day.

“This is one of the fastest growing regions in the state, and it’s driven largely by the lure of our innovation engine, by foreign immigration and local births,” Massaro said. “This contributes to Silicon Valley’s worsening transportation and housing crunch.”

In conjunction with the release of the study, Joint Venture designated a baby boy born today at Kaiser Permanente in Santa Clara to represent the 3 millionth resident of Silicon Valley. The baby, Max, was born to Bing Yuan and Dan Danner of San Jose at 9:39 a.m., PDT. He weighed eight pounds, eleven ounces and measured just over 21 inches in length.

mom and dad with baby

The Institute identifies Silicon Valley as Santa Clara and San Mateo Counties, plus the the cities of Fremont, Union City and Newark in Alameda County and Scotts Valley in Santa Cruz County.

The data is part of a 32-page brief released today by the Institute, “Population Growth in Silicon Valley.” The report examines Silicon Valley’s population dynamics, including overall population growth, growth by city and county, birth and death rates, and the changing population composition in terms of age and gender. It also examines recent California Department of Finance (DOF) population and K-12 enrollment projections through 2023.

Additionally, the report examines population trends as they relate to the recent economic recession. Silicon Valley’s population dynamics are closely tied to the economy overall, including employment, income, cost of living and other factors; in particular, in and out migration, as well as birth and death rates, vary with changes in economic growth and development, which affect both behavioral and environmental change and influence population dynamics.

A large portion of Silicon Valley residents live within just six of its 39 cities – San Jose, Fremont, Sunnyvale, Santa Clara, Daly City and San Mateo – the study reports. Several cities are growing more than three times faster than the state as a whole.

Silicon Valley’s growth rate accelerated between 2011 and 2013, when it peaked at its highest since 1998, before slowing slightly since then. This growth is occurring despite declining birth rates since 2008, and is driven by foreign immigration as well as natural growth.

The 2015 Silicon Valley Index produced by the Institute reported the region has increased by some 30,000 people annually since 2011 and that it added 42,000 people in 2013.

Three million was the entire population of California a century ago and is double the number of people who were living in Silicon Valley in the mid-1960s.

It is roughly equivalent to one percent of the current U.S. population, twice the population of Manhattan and three times that of Delaware.

If it were a city, Silicon Valley would be the nation’s third largest behind New York (8.4 million) and Los Angeles (3.9 million). As a state it would rank 31st, between Mississippi and Iowa. As a country, think Armenia.

Three million people live in one million households and they use more than 400 million gallons of water and produce 13.2 million pounds of trash daily. A third of them will commute to work in their own cars.

The population study may be downloaded from the Institute website.

About Joint Venture Silicon Valley

Joint Venture Silicon Valley was established in 1993. A nonprofit organization, the group convenes the region’s leaders across every major sector – government, business, academia, labor, and community organizations. The organization provides data and analysis on our region’s challenges, and leads initiatives to address those challenges. Joint Venture is funded by cities and counties, local companies, colleges and universities, labor and workforce institutions and foundations. For more information, visit www.jointventure.org.

In The News

April 22, 2019 - (Mercury News) - Bay Area paradox: We need housing, but we don’t want to build faster:  a recent study by Joint Venture Silicon Valley estimated the region is short as many as 108,000 homes and apartments. More

April 20, 2019 - (The Almanac) -Midpeninsula mayors, tech company transportation leaders convene to talk traffic: They were there to launch the "Manzanita Talks," a series of discussions convened by Joint Venture Silicon Valley More

April 16, 2019 - (KPIX 5) - Lawsuit Claims Apple Misled Hundreds Of Thousands Of Investors: “This is new territory for Apple,” said President and CEO of Joint Venture Silicon Valley Russ Hancock. More

April 12, 2019 - (Silicon Valley Business Journal) - Silicon Valley's 2019 Women of Influence award winners: Rachel Massaro, Vice President and Director of Research at Joint Venture Silicon Valley and Director of Research for the Silicon Valley Institute for Regional Studies. More

April 9, 2019 - (City Journal) - This year, Harris keynoted the Joint Venture Silicon Valley conference, and she is once again reaping large donations from tech and media giants. More

April 6, 2019 - (Pasadena Star News) - Overall, notes a new Joint Venture Silicon Valley report, homelessness and inequality has expanded in the region, while the quality of life is perceived by most to be deteriorating. More

April 6, 2019 - (Mercury News) - According to Kidsdata.org, the California Department of Education, and the Silicon Valley Institute for Regional Studies, the cost of care for children under age five rose gy 30 - 57%... More

April 5, 2019 - (Bike Index) - "When police recover stolen property, bicycles are often among the items they find..." said David Witkowski, who heads up Civic Technology Programs at Joint Venture Silicon Valley  More

April 1, 2019 - (San Francisco Business Times) - The Bay Area’s median household income hit an all-time high of $118,400 last year, according to an annual report from think-tank Joint Venture Silicon Valley... More

March 31, 2019 - (Mercury News) - Bay Area tech salaries outpaced by rent hikes in some cities: Despite the strong economy, about 22,300 residents left the region last year...according to a study by Joint Venture Silicon Valley. More

March 27, 2019 - (KPIX) - Big Name Tech Companies To Lay Off Over 1000 Employees: tech expert warned the layoffs were not a sign of an economic downturn. Instead, Joint Venture Silicon Valley President Russ Hancock said, the layoffs were typical of the tech industry. More

March 27, 2019 - (Curbed San Francisco) - Joint Venture Silicon Valley released its annual Silicon Valley Index and found that “for the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in.” More

March 25, 2019 - (Mercury News) - Support for transportation investment is consistent with at least a 40-year history in the region, said Russell Hancock, president and CEO of Joint Venture Silicon Valley... More

March 24, 2019 - (Mercury News) - Hancock, whose day job is president and CEO of Joint Venture Silicon Valley, says Montalvo has been “a wonderful home” for the St. Michael’s Trio.  More