Spring has asserted itself in Silicon Valley, and so has Joint Venture. Though the 2010 Index revealed a bevy of challenges, we’re launching programs designed to address those challenges. Learn more about it by spending a minute with our April newsletter; better yet, visit our website.

We always welcome your involvement, and your feedback.


Russell Hancock
President & Chief Executive Officer


In this issue:


Board endorses new federal partnership effort; director sought

The Joint Venture board has endorsed a new initiative to enhance Silicon Valley’s partnerships in Washington, D.C. and to secure more federal funds for regional economic growth. The initiative is an outgrowth of findings in the 2010 Index that federal funds for key areas like smart grid and energy storage projects are not finding their way to Silicon Valley.

At its March meeting, the board voted to accept a grant from Silicon Valley Community Foundation enabling Joint Venture to hire a program director and to convene a steering committee of top regional organizations vested in the economic vitality of the region. Commitments to the committee have already come from Stanford University, the University of California at Santa Cruz, the Silicon Valley Leadership Group and the Bay Area Council.

“We’re fortunate to have such strong leadership from our Congressional delegation,” said Joint Venture CEO Russell Hancock. “Now our region needs to step up and support their efforts.”

See the job description here.

Read Doug Henton’s guest column on the subject in the San Jose Mercury News.


New Grand Boulevard report envisions future of El Camino Real

A new 119-page multi-agency report on the future of El Camino Real from Daly City to San Jose envisions a pedestrian-friendly boulevard with roomier sidewalks, narrower traffic lanes and more space for pedestrians, bicyclists and those using public transportation. The transformation, however, is a work in progress that will take many years, the report notes.

The study, formally titled Multi-Modal Access Strategy & Context-Sensitive Design Guidelines, was issued by Joint Venture and its partners as a first step to build consensus among Caltrans, transit agencies and local communities for capital improvements, facilitating and encouraging efforts to promote and build the Grand Boulevard.”

Read the full report on the Grand Boulevard site.

Read a San Jose Mercury News article on the report.


Industry experts and public officials pack energy storage symposium

Nearly 100 people attended a regional energy storage symposium organized by Joint Venture in January to bring together top industry and government experts to discuss the opportunities and challenges facing energy storage. In his keynote remarks, Brad Roberts, executive director and past chair of the

Electricity Storage Association, said energy storage is on a critical path to meet targets for wind and solar generation, a more reliable grid and a more efficient Smart Grid.

Watch Brad Roberts’ keynote. Watch the Market Challenges Panel. Watch the Technology Panel.


Joint Venture board adds two new business leaders

The Joint Venture board of directors elected two new members from the Silicon Valley business community, Mark Bauhaus of Juniper Networks and Benjamin Foster of Optony, at its quarterly meeting in March.

Joint Venture president Russell Hancock praised the appointments.

“These men bring strength in renewable energy and computer networking, and they are going to be a force on the Climate Prosperity Council.”

Read the news release.


Math Matters seeks teachers for summer workshop

Math Matters, a professional development program for middle school math teachers organized by Joint Venture, is now recruiting teachers to participate in the 80-hour summer Math Institute workshop at the San Mateo County Office of Education in June. An outgrowth of Joint Venture’s Alliance for Teaching initiative, Math Matters recently received additional funding from the State Farm Foundation and the Parisi Family Foundation.

Visit our Math Matters site to learn more and apply for the workshop.


“Reviving California” community summit May 1 at SJSU

Joint Venture invites you to join with regional leaders, community members, students, journalists and elected officials at San José State University on Saturday, May 1, for a Community Summit on Reviving California. Co-sponsored by SJSU and the Bill Lane Center for the American West at Stanford University, the summit will be part of a statewide dialogue on reform that will inform organizations like California Forward on what is important to Silicon Valley. “Comprehensive reform is complex, and makes for difficult and frustrating conversations, which is precisely the reason we can’t shy away from the topic,” said Anu Natarajan, Program Director for Reviving California. “Successful reform requires a sustained and long-term commitment.””

For more information and registration, click here.


Expert economists discuss Silicon Valley Index on KLIV

Stephen Levy, director and senior economist of the Center for the Continuing Study of the California Economy, and Doug Henton of Collaborate Economics were Joint Venture CEO Russell Hancock’s guests on his KLIV radio program about the 2010 Silicon Valley Index that aired February 26.

Listen to the program here.



Joint Venture Spotlight

Meet Leslie Crowell
Santa Clara County Budget Director

It would be natural for anyone to think that Santa Clara County budget director Leslie Crowell, who oversees a $4.2 billion countywide financial plan, must really be into numbers. She is. Just not the ones you think. Read the complete profile here.

Article of the Month: Thomas Friedman, “Dreaming the Possible Dream”

New York Times columnist and three-time Pulitzer Prize winner Thomas Friedman wrote recently that America still has the “best innovation culture in the world,” but he says we need “better policies to nurture it, better infrastructure to enable it and more open doors to bring others here to try it.” Read the complete column here.


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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.