june 2009 title

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In this issue:

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Kelly Krpata Takes Helm of Climate Prosperity Initiative

Fills Named Position Created by Applied Materials

Joint Venture has selected environmental capital consultant, financial marketing expert and entrepreneur Kelly Krpata to be the inaugural Applied Materials Director of Climate Prosperity.

“Kelly is the superstar we were looking for to fill this key role,” said Russell Hancock, CEO of Joint Venture, adding that Krpata edged out roughly 100 candidates for the position. “He is a self-starter who has done breakthrough work in climate protection.”

“Kelly brings a wealth of experience and a good combination of proven business acumen and passion for the environment,” said Charlie Gay, president of Applied Materials solar business. “We believe Kelly is the right person to rapidly implement the “Climate Prosperity Greenprint” and to establish the program here in the Bay Area as a benchmark for the rest of the country, and the world.”

Krpata currently operates his own firm, Krpata Capital Partners, which provides financial marketing services to the Electric Power Research Institute and other clients involved in wind energy generation and reduction of greenhouse gas emissions.

Krpata previously founded his own licensed sportswear company, and held positions with Bear, Stearns & Co., Citibank and NBC. He has a master’s degree in business administration from the University of Michigan Business School and a BA in political science and communication from Boston College. Krpata attended Bellarmine College Preparatory school in San Jose.

Joint Venture launched the Climate Prosperity project at the State of the Valley conference in February, with major funding from Nanomanufacturing giant Applied Materials. Its premise is that the climate crisis is an opportunity to build new industry clusters, create new classes of jobs at all income levels, and grow the economy while protecting the environment and improving the region’s long term sustainability and competitiveness.

Bruce Lee Tapped to Lead Joint Venture's Disaster Planning Initiative

Veteran emergency medical services executive Bruce Lee has been appointed director of Joint Venture’s regional Disaster Preparedness Initiative. Lee, who is currently chair of the California Commission on Emergency Medical Services and most recently was the Santa Clara County EMS Director, was selected to fill the newly established position after an extensive search.

“No one is better qualified to lead our regional disaster readiness planning than Bruce Lee,” said Russell Hancock, CEO of Joint Venture. “In a region like ours where the ‘big one’ is inevitable, we need someone with big credentials to get us ready. Bruce will guide this initiative just as he leads field operations – by directing his team to act together decisively and effectively for the best possible outcome.”

In addition, Hancock said, government relations consultant and former San Carlos City Manager Mike Garvey will work with Lee and local governments to develop a joint powers agreement for the initiative. The disaster preparedness project is marshalling regional leaders and public and private agencies to help Silicon Valley prepare for, respond to and recover from a major disaster.

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School Leaders, Merchants Exclaim “Hats Off to Teachers!”



Joint Venture executives joined education, business and community leaders in San Jose this month for the official launch of the Hats Off to Teachers merchant discount program.

At a news conference at Olinder School, Joint Venture CEO Russell Hancock, San Jose Silicon Valley Chamber of Commerce president and CEO Pat Dando, Joint Venture’s Colleen Wilcox, Mt. View-Whisman Schools Superintendent Maurice Ghysels, Taber Theatre Founder Cathy Cassetta and Sixth District PTA President Barbara Spreng all doffed ceremonial bowlers in unison to salute Silicon Valley teachers.

Ryan elementary school teacher Janine Henderson’s affecting remarks about her job and living in Silicon Valley drew an audible response from the packed audience and a wonderful tribute from columnist Sal Pizarro in the San Jose Mercury News.

More than 160 Silicon Valley merchants have already signed up to provide discounts and freebies on goods and services to teachers.

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“Math Matters” Receives $90,000 in Community Foundation and Cisco Foundation Grants

“Math Matters,” a program of Joint Venture’s Alliance for Teaching, has received a $75,000 grant from the Silicon Valley Community Foundation and a $15,000 grant from the Cisco Foundation toward the establishment of an intensive professional development opportunity for middle school math teachers in Silicon Valley.

Developed in partnership with Intel, Math Matters combines a summer math institute with yearlong coaching and professional learning communities.

"We know that disparities in the quality of education students receive underlie the achievement gap. Great teachers ensure that all students can succeed in middle school math and beyond," said Emmett D. Carson, president of the Community Foundation. "Unfortunately, there are school districts within our region that do not have a single teacher with a subject-specific credential in math.”

Click here to see the Community Foundation grant announcement.

Click here to learn more about the Alliance for Teaching.

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To Russia With Love and Gratitude– Seth Fearey Departs Joint Venture

Seth FeareyJoint Venture bids a sad farewell to Seth Fearey, vice president and chief operating officer, who left the organization this week to become the Peace Corps’ Administrative Officer for the Kyrgyz Republic, or Kyrgyzstan.

Seth is currently undergoing three weeks of training at Peace Corps headquarters in Washington, D.C., before beginning his 2½-year assignment in Kyrgyzstan, a former Soviet republic of some five million people on the western China border in Central Asia. He will be based in the capital city of Bishkek, overseeing a staff of 27 Kyrgyz ranging from contract administrators to drivers and gardeners. 

“This is something I have always wanted to do,” said Fearey, who came to Joint Venture in 2004 with 20 years of management experience at Hewlett-Packard and seven years as an economic development consultant. “My experience as a Volunteer in Nepal after college profoundly shaped my views of the world, and gave me the confidence to tackle social and economic issues in Silicon Valley.”

Seth, who was toasted by the region’s leaders at a May 8 send-off, leaves a hole in the Valley, particularly in the areas of climate change, health care and wireless access. Das Vedanya.

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Joint Venture Spotlight

Meet Harry Sim

CEO, Cypress Envirosystems and Joint Venture Board of Directors

harry sim

As a 6-year-old boy growing up in Hong Kong, Harry Sim was mesmerized by the Apollo 11 moon landing on TV and dreamed that he would one day work in a space program.
He could not have anticipated where the dream would take him, but even as he attains a goal, he always has the next one in sight.

Valley Vision talked with Harry Sim about his global career, his work with Joint Venture and his passion for finding solutions to the impact of climate change.

Congresswoman Eshoo, Urban Design Guru Michael Freedman Headline Grand Boulevard Forum June 20

Renowned urban planner Michael Freedman, Congresswoman Anna Eshoo and top transportation leaders will headline a public forum on the Grand Boulevard Initiative Saturday, June 20, in Redwood City.

The initiative, which seeks to transform El Camino Real between San Francisco and San Jose, has been embraced by all 19 Peninsula cities and continues attracting funding and special recognition.

Caltrans Director Will Kempton will keynote the luncheon session. Other officials participating include Steve Heminger, executive director of the Metropolitan Transportation Commission, and Chris Augenstein, deputy director of planning for the Valley Transportation Authority.
The program runs from 9:30 a.m. to 2:30 p.m. at the Fox Theatre, 2223 Broadway, Redwood City.

Articles of the Month:

“California, The Ungovernable State”

In its May edition, The Economist concludes that a new California Constitution “looks both necessary and likely.” Joint Venture has joined the Bay Area Council and other organizations in the effort calling for a Constitutional Convention, and is playing the lead role in organizing Silicon Valley’s support.

The seeming inevitability of the convention was also featured in a May 20 front-page piece in The New York Times.


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Joint Venture's initiatives, publications, events and regional expertise receive frequent coverage in the national and local news media. Our staff is always available to comment on economic trends in Silicon Valley.

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