What's Happening Now
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Joint Venture supports north bay cleantech event
The Business of Local Energy Symposium Oct. 23
October 3, 2014 - Joint Venture supports an important energy symposium in Petaluma October 23 on maximizing cost-effective development of local, renewable energy sources."The Business of Local Energy Symposium" brings together cleantech entrepreneurs, utility staff, regulators and interested public officials to explore opportunities in the emerging Community Choice Energy market and develop a plan for the future of distributed generation and community energy programs in California.
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Silicon Valley incomes, wealth on the rise
Joint Venture Institute for Regional Studies report
September 24, 2014 – A new census report shows Silicon Valley incomes up for the second straight year after a three-year downward trend, the Joint Venture Silicon Valley Institute for Regional Studies reported today.An institute analysis of the U.S. Census Bureau’s 2013 American Community Survey released last week also indicates a decline in the region’s poverty rate and an uptick in those with health insurance.
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Joint Venture board adds Rob Chapman
EPRI executive approved at quarterly meeting
September 19, 2014 – The Joint Venture Silicon Valley board of directors today elected Robert Chapman of the Electric Power Research Institute (EPRI) to the board at its quarterly meeting in Menlo Park.Chapman is Vice President, Member and Technical Services for EPRI, with responsibility for ensuring broad participation in EPRI research, improving the value members receive from EPRI, and establishing engagement processes that support clients’ overall technology management efforts.
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Monthly Investors Council Spotlight
Sept 2, 2014 - Joint Venture's Investors Council welcomes Stanford Health Care, joining dozens of public and private organizations and foundations supporting our initiatives and programs. The Investors Council currently includes more than 100 private organizations, 56 public entities and 13 foundations.
Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. We eagerly welcome this support to sustain our projects and initiatives. All Joint Venture affiliates enter into continuing relationships with the organization that support the analytical work and all the projects we undertake. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page.
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Monthly Spotlight: Joint Venture Leaders in Depth
Kim Becker Aguirre, Mineta San Jose International Airport and Joint Venture board member
September 25, 2014 - After barely one year in the top post at Mineta San Jose International Airport, Kim Becker Aguirre is walking on air over unexpected sky-high passenger numbers. Except, of course, for the two passengers who didn’t bother to purchase tickets for their flights.Aguirre, who took over as aviation director last September and is a Joint Venture board member, says the economic upturn and resurgence of corporate travel have made her first year “a whirlwind, in a very good way.”
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This Month on "Inside Silicon Valley"
Fridays at 7 p.m. and Sundays at noon on 1590 KLIV:
October 1, 2014 - The San Jose mayor's race, professional sports in Silicon Valley and public transit are among the topics this month on Joint Venture’s weekly public affairs radio program, “Inside Silicon Valley.”Joint Venture CEO Russell Hancock hosts the hour-long program, which airs every Friday at 7 p.m. and again Sunday at noon on 1590 KLIV.
Scheduled guests this month:
October 3 & 5: Sam Liccardo, San Jose City Councilman and candidate for San Jose mayor (encore presentation)
October 10 & 12: Dave Cortese, Santa Clara County Supervisor and candidate for San Jose mayor (encore presentation)
October 17 & 19: Mark Purdy, Sports Columnist, San Jose Mercury News
October 24 & 26: Nuria Fernandez, General Manager, Valley Transportation Authority
October 31 & Nov. 2: Ratna Amin, Transportation Policy Director, SPURLearn more about "Inside Silicon Valley" | Download the Podcasts on iTunes
Top Videos
Briefing on the 2014 Silicon Valley Index
Joint Venture CEO Russell Hancock and Silicon Valley Community Foundation CEO Emmett Carson opened the 2014 State of the Valley with a detailed briefing on the findings in the 2014 Silicon Valley Index, which shows that the regional economy is thriving and expected to get even better. The new prosperity, however, presents daunting challenges to accommodate the growth with sufficient housing, transportation and infrastructure, and is leaving middle and lower income sectors farther behind.
Learn more about the Silicon Valley Index online at www.siliconvalleyindex.org.
Top Downloads
Trends Affecting Workforce Development
This report reviews broad economic forces in San Mateo County and the Peninsula and considers their implications for workforce development. The report spotlights the persistence of poverty even in the face of surging job growth, reviews the best practices fostering upward mobility for the workforce, and outlines strategies that can be carried out by workforce boards, community colleges, private industry and community organizations.
Sunnyvale Community Solar Array Development Feasibility Study
This report studies the feasibility and assesses the options for municipalities like Sunnyvale who want to provide residential and commercial subscribers with renewable energy. It follows on the heels of legislation signed into law in September 2013 (Senate Bill 43) which offers new regulatory mechanisms for deploying shared renewables projects in California communities. It also launched the Green Tariff Shared Renewables program (GTSR).
Silicon Valley Index - 2014
The 2014 Silicon Valley Index reveals that the region’s economy is red-hot and leads the nation with extraordinary growth in jobs, income, innovation, venture capital investment and immigration. The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley also indicates that the new wave of prosperity poses greater challenges for the region to accommodate sustained growth and that the gains are bypassing the lowest earning groups, leaving the less affluent further behind than ever.
Smart Energy Enterprise Development Zone (SEEDZ)
Joint Venture's "Smart Energy Enterprise Development Zone" (SEEDZ) initiative unites local energy customers, solution providers, municipalities, institutions and utility interests in building the smart energy network of the future – characterized by the highest levels of power reliability, quality, affordability and sustainability.
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In The News
October 10, 2014 - (ReadWrite) - Microsoft CEO Satya Nadella to Women: Don't Ask for a Raise, Trust Karma: "The gap in income inequality between men and women in Silicon Valley, where technology is a leading industry, is severely imbalanced, according to a 2014 study by Joint Venture Silicon Valley. More.
October 5, 2014 - (The Daily Beast) - Battle of the Upstarts: Houston vs. San Francisco Bay: "The Bay Area gap between white residents (who dominate the tech economy) and minorities is among the highest in the nation while, during the boom, income has fallen for Hispanics and African-Americans, according to Joint Venture Silicon Valley. More.
September 29, 2014 - (Almanac Online) - Silicon Valley Income Gap Continues to Widen: "The increase in the number of high-income Silicon Valley households was nearly five times greater than the increase in total households overall, said Rachel Massaro, Joint Venture vice president and senior research associate for the Institute." More.
September 25, 2014 - (Palo Alto Online) - Report: Silicon Valley Income Gap Continues to Widen: "Silicon Valley incomes have increased for the second straight year after a three-year downward trend, according to a report released by Joint Venture Silicon Valley Institute for Regional Studies, a nonprofit think tank, on Wednesday." More.
September 25, 2014 - (Silicon Beat) - The Rich Get Richer in Silicon Valley: "According to a new analysis of census data by Joint Venture Silicon Valley Institute for Regional Studies, the income gap continues to widen, as valley households earning $150,000 a year or more mushroomed by 25,000 between 2012 and 2013, the latest figures available." More.
October 6, 2014 - (Silicon Valley Business Journal) - 5 Ways Silicon Valley's Middle Class Could be Saved: "But the hitch in that progression that has grown more obvious in Silicon Valley during the region's current tech boom is the middle class, which contracted 3 percent from 2012 to 2013 alone, according to think tank Joint Venture Silicon Valley. More.
September 24, 2014 - (CNET) - Silicon Valley Household Incomes Growing Again, Study Finds: "'This is striking, given that the increase in the number of high-income Silicon Valley households was nearly five times greater than the increase in total households overall,' (vice president and senior research associate for the Institute Rachel) Massaro said." More.
September 24, 2014 - (Silicon Valley Business Journal) Silicon Valley Median Income Now $94,572 — 43% Higher Than the Typical U.S. Household: "''We need to call it like it is. We need to own up to our dysfunction,' Joint Venture CEO Russell Hancock told me. 'We like all these jobs, but we don’t want to provide the housing.'" More.
September 24, 2014 - (Wall Street Journal) - Silicon Valley Income Gap Continues to Widen, New Study Shows: "'The income gap is becoming more sharply pronounced at a faster rate,' said Russell Hancock, chief executive of Joint Venture Silicon Valley. 'The middle class is disappearing, and the service sector is stuck there with no growth.'" More.