| Santa Clara County recognizes Joint Venture for food recovery work |
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Santa Clara County’s Recycling and Waste Reduction Commission has recognized Joint Venture’s food recovery efforts with additional grants to continue its work.
The County's most recent grant ($80,000) recognizes the initiative's success in reducing, re-using and recycling food and materials that would otherwise go to the landfills. Joint Venture's work has also been supported by generous donations from Wells Fargo Bank. |
| Learn more |
| Joint Venture Opines: Enough Gas Already |
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In two recently-published opinion pieces, Joint Venture issued a charge for Silicon Valley to take the lead in reducing gasoline consumption, the largest contributor to greenhouse gases.
In a Mercury News editorial Janelle London, executive director of Joint Venture's "Beyond Gasoline" initiative, calls for electric vehicle sharing and lending programs, incentives, and accessible low-cost charging, all of which Joint Venture is actively pursuing.
Joint Venture CEO Russell Hancock pressed cities to track gasoline consumption in a CalMatters opinion piece. He also urged cities to electrify public fleets, publicize annual goals for gasoline reduction, and celebrate milestones. "These approaches may sound tough, but we are in a climate crisis that is already causing widespread death and disaster. Gasoline is the biggest cause of it." |
| Latest from the Institute: Stock Market, Unemployment, Commercial Space |
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Joint Venture’s Institute for Regional Studies' October releases include:
Food Insecurity & Distribution in Silicon Valley Amid the Pandemic
Created in partnership with Second Harvest of Silicon Valley and Silicon Valley Food Recovery, the report illustrates the region’s complex system of food assistance, rising food prices, and how the community has mobilized to meet the increased need.
Regional Stock Market Performance Since the Pandemic-Related Decline
This Institute report explores how 330 Silicon Valley and San Francisco publicly-traded companies fared in 2020, and shows that the market cap for Silicon Valley stocks, in aggregate, was eleven percent higher in September since the onset of the pandemic.
Q3 2020 Commercial Space Report
Released quarterly in partnership with JLL, the Q3 2020 report showed a significant decline in commercial leasing activity and a rise in office space vacancies near transit stations. Despite these and other pandemic-related effects on the market, the region is still churning out new commercial developments and an unprecedented amount remains under construction.
Silicon Valley Unemployment Rate – September Data Release
Unemployment numbers have continued to drop in Santa Clara and San Mateo Counties, reaching a new low of 7% since the recent peak in April. |
| Joint Venture recognizes pro bono champions |
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| Joint Venture’s Silicon Valley Talent Partnership (SVTP) will honor their project champions during Pro Bono Week October 26th-30th. SVTP is encouraging all past-project participants to detail their experience on their LinkedIn profile, highighting the impact of pro bono service. |
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| SVTP has also launched PRO-Files, a LinkedIn group for leaders, volunteers and partners who are passionate about pro bono service. Members are encouraged to share information and opportunities, ask questions, and celebrate success stories. Those experienced in pro bono work from any sector or even those who are pro bono curious are welcome to participate. |
| Learn more about PRO-files |
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Christina Briggs is a child of the Bay Area, an expert in economic development and a champion for city government. Briggs will soon wrap up her term as chair of Joint Venture’s Economic Development Alliance (SVEDA).
Born in Silicon Valley and raised by two public school teachers, Briggs has served the notably business-friendly City of Fremont for more than ten years. At Fremont, her job is to facilitate business expansion, commercial development, and position the City as a manufacturing leader. |
| Read Christina's profile |
| HayWired Webinar Series |
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Joint Venture is producing a series of webinars to roll out Volume 3 of the US Geological Survey's HayWired scenario, about the impacts that a major earthquake on the Hayward Fault might present.
Upcoming webinars:
The November 2 webinar will focus on how the physical impacts of an earthquake will impact lifelines - such as water, roads & bridges - and how that will manifest in economic impacts, as well as mitigation strategies for businesses.
The November 19 webinar will focus on the technical application of the scenario's modeling and how economists and analysts can use the information to inform and advance their planning. |
| Learn more and register |
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October 20, 2020 - (Virtual Strategy Magazine) - Top Brass Conference of Digital Technology Influencers on Nov 5, 2020: Mo Shakouri, Silicon Valley Innovator and Investor, Joint Venture Silicon Valley, Dir Community Broadband, Joint Venture. More
October 20, 2020 - (Bisnow) - Trump's Crackdown On Worker Visas Could Bring More Pain To Top Tech Markets: “That throws a wrench into everything,” Russell Hancock, the CEO of Joint Venture Silicon Valley, said in an interview. More
October 19, 2020 - (CalMatters) - Op-ed: It’s time for cities to track and measure gasoline consumption - Russell Hancock wants everyone to have convenient access to electric vehicle charging, electrify public fleets, educate residents on why and how to stop using gasoline, publicize annual goals for gasoline reduction and celebrate milestones. More
October 18, 2020 - (Bisnow) - Blackstone's $275M Silicon Valley Buy A Potential 'Vote Of Confidence': Joint Venture Silicon Valley President and CEO Russell Hancock said the deal is another example of investors and corporations following the lead of Google, which plans on building a downtown mixed-use campus with over 7M SF of office. More
October 16, 2020 - (Silicon Valley Business Journal) - Employment improvement slows. Can we assume all the old jobs will return? “But the truth is we’re in very uncertain times,” said Rachel Massaro, research director of the Silicon Valley Institute for Regional studies, which issues a monthly analysis of the EDD’s numbers. More
October 16, 2020 - (Voice of America) - Outta Here! Tech Workers Flee Silicon Valley During Pandemic: Russell Hancock, CEO of Joint Venture posits that Silicon Valley has the greatest collection of talent... More
October 15, 2020 - (ABC-TV) - As pandemic creates more hunger, meat, egg prices spike almost 20% in Silicon Valley: "Their unemployment rates are as high as 20 or 30 percent, so we're seeing a disproportionate impact on women, on people of color, on families and definitely those that were already struggling," said economist Rachel Massaro at Joint Venture Silicon Valley's Institute for Regional Studies. More
October 15, 2020 - (Le Devoir) - Silicon Valley blues: The explosion, along with the pandemic, of e-commerce, telecommuting and the search for treatments for the disease have continued, in recent months, to propel the sales, profits and value of companies on the stock market there, Russell observes. Hancock, president and CEO of Joint Venture Silicon Valley, a research center in San José. More
October 12, 2020 - (Silicon Valley Business Journal) - Why Silicon Valley home prices have been immune to Covid infection so far: “But those startups tend to have fewer employees than some of the bigger companies” like the Apples, Googles and Facebooks of the region, said Joint Venture Silicon Valley’s Rachel Massaro. More
October 10, 2020 - (Le Devoir) - California, a state on the fringes of American politics: “They've even done the opposite of what Silicon Valley wants and what Silicon Valley is,” says Russell Hancock, president and CEO of Joint Venture Silicon Valley, a research center in San Jose. More
October 9, 2020 - (Mercury News) - Coronavirus economy: Bay Area recovery is one of nation’s most feeble - “The Bay Area has been the nation’s most rigorous in implementing the distancing and sheltering guidelines,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank that tracks local economic trends. More
October 9, 2020 - (Mercury News) - Commentary: How gas car phaseout boosts beyond-gasoline movement - Joint Venture Silicon Valley recently launched the Beyond Gasoline Initiative to partner with governments and businesses on policies and commitments toward rapid, equitable reductions in gasoline consumption. More
October 8, 2020 - (IEEE Spectrum) - IEEE Experts Weigh Social Implications of Emerging Technologies in Future Pandemics: Many technologies being developed to fight COVID-19 are expected to help decrease the spread of other viral infections such as the flu and the common cold, David Witkowski says. More
October 7, 2020 - (Le Devoir) - Those excluded from El Dorado: The situation is not about to correct itself, warns Joint Venture Silicon Valley President and CEO Russell Hancock. More
October 6, 2020 - (Silicon Valley Business Journal) - Here's just how well Bay Area companies have done in a pandemic-influenced stock market: Just how well stocks have done in the region became clear Tuesday with a new report from Joint Venture Silicon Valley’s Institute for Regional Studies. More |
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