The year comes to its close and at Joint Venture this means gearing up for the next Silicon Valley Index, which we will release at the 2010 State of the Valley conference. It takes place in San Jose on February 12, and we hope you’ll make firm plans to join us. Our newsletter provides a hint of what you can expect on the program, and we’ll be posting you later with your own personal invitation to register.

Meanwhile, our December newsletter updates you on a few of the things we’re doing at year end to ensure continued progress on our region’s priorities.


Russell Hancock
President & Chief Executive Officer


In this issue:


Gubernatorial Candidates Forum, Regional Competiveness Guru Richard Florida, Comedian Will Durst Among Highlights at 2010 State of the Valley

State of The Valley Logo

A California gubernatorial candidates’ forum and two nationally prominent figures – bestselling author Richard Florida and political comedian Will Durst – will highlight Joint Venture’s State of the Valley 2010 conference on February 12.

Florida will speak on “The Creative Economy and Silicon Valley’s Global Leadership.”

He is one of the world’s leading public intellectuals on economic competitiveness, demographic trends and cultural and technological innovation. His new book, Who’s Your City?, an Amazon.com book of the month, follows his global best-seller, The Rise of the Creative Class.

State of the Valley will also feature a session on health care and the release of the 2010 Silicon Valley Index.

Durst, described by the New York Times as “perhaps the best political satirist working in the country today,” bills himself as the “Lieutenant Governor from the State of Confusion.” He is a regular commentator for CNN and NPR, and writes a nationally syndicated column.

Sponsorship opportunities are available by contacting our office, now.

Individual tickets will be available on our website December 10.


Silicon Valley Local Governments Form Power Purchasing Pool

Joint Venture’s Public Sector Climate Task Force is bringing together regional governments and other agencies to establish a landmark collective authority for buying renewable energy. The Power Purchase Agreement, led by Santa Clara County, conserves capital expenses, reduces greenhouse gas emissions, stabilizes the rising cost of electrical energy and accelerates deployment of renewable energy technologies, among other benefits. More than two dozen entities – cities, counties and special districts – have pledged participation in the pool so far, with more expected. The PPA is believed to be the first of its kind among multiple jurisdictions and agencies.

To date, officials have identified 89 sites – public buildings, parking lots, empty land – as potential locations for solar power generation of more than 38 MW of power. The Renewable Energy PPA project is intended to address two major issues regarding the public sector adoption of renewable energy, including: 1) the barrier of high upfront costs associated with the purchase and installation of these technologies; and 2) a history of roadblocks in the development of successful agreements.

For more details on the Power Purchase Agreement, click here.

To learn more about the Climate Prosperity Initiative, click here.


Joint Venture-led Consortium Seeks State Funds for Building Retrofits

Joint Venture has formed a group of regional businesses and governments to apply for funds under the California Energy Commission's new Municipal and Commercial Building Targeted Measure Retrofit Program. The proposed two-year Silicon Valley Municipal Retrofit Program seeks to improve energy efficiency in some three million square feet of local government facilities. It will include energy efficiency technologies from Cypress Envirosystems and Adura Technologies, with integration and project management by Honeywell Building Solutions. Government participants in the bid include the County of Santa Clara, County of San Mateo, City of San Jose, and other local jurisdictions.

“Our goal is to retrofit local buildings with local technologies so we can achieve maximum economic impact from federal stimulus dollars in the short- and long-term," said Joe Head, president of SummerHill Land and co-chair of the Sustainable Buildings Initiative.

For more information about Joint Venture’s Sustainable Buildings initiative, click here.


California Reform Movement Closer to Ballot

Repair California, a reform effort supported by Joint Venture, has submitted ballot language to the Attorney General calling for the first Constitutional Convention in more than 130 years. If successful, the measure will call a limited convention to reform four areas of the constitution: the budget process; the election and initiative process; restoring the balance power between state and local governments; and creating new systems to improve government effectiveness.

In a first-of-its-kind approach, the proposed Convention will gather 240 everyday Californians—three per Assembly District—and 221 delegates appointed by local governments.

Click here to read the San Jose Mercury's most recent editorial praising the convention approach.

Click here to read extensive reporting on Joint Venture CEO Russell Hancock’s November 4 Santa Rosa speech promoting the convention approach.


Notre Dame President, Top Valley Lawyer, Big Four Accountancy Added to Join Venture Board


The Joint Venture board of directors elected three new members at its November 20 quarterly meeting, including a university president and two business community leaders. The new members are Judith Maxwell Greig, president of Notre Dame de Namur University in Belmont; Thomas Klein, a partner at the law firm of Greenberg Traurig; and Lisa Portnoy, managing partner of the San Jose office of Ernst & Young.

“Our board has never been stronger,” said Russell Hancock, Joint Venture president, “and these newly-added members add tremendous expertise to the mix.”

Click here to read the news release.

For a complete list of the current board of directors, click here.


Joint Venture Spotlight

Meet Caroline Judy

Manager, Intragovernmental Support Services, Santa Clara County; Joint Venture Climate Protection Task Force

Caroline Judy

Just when you think you are managing a full, purposeful career balanced with an active, healthy personal life, you meet someone like Caroline Judy. Facilities and fleet manager for Santa Clara County, climate activist, hiker, backpacker, triathlete, biker, runner, swimmer, dog trainer, fledgling classical pianist, wife, mom. Even her title is a workout - Manager, Intragovernmental Support Services, Facilities and Fleet Department, County of Santa Clara.

Valley Vision talked with Judy about her many passions and her work with Joint Venture.

Click here to read Caroline Judy’s profile.

Article of the Month: “Building a Better Citizen,” by David Villano, MillerMcCune

After twenty years, the Hampton, Virginia Youth Civic Engagement Program stands as a national model for fostering civic pride and leadership skills in young people and engaging them in governance. A recent study of Hampton's college-age residents has found they outperform peer groups in three key measures of citizenship: the ability to engage in civic discourse, passion for their community and leadership skills. Fewer families are fleeing the city, crime is down and Hampton's voting rate is about 20 percent higher than similar communities.

Click here to read the article.

Newsletters by Year

News Coverage

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.

View news coverage.