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What's Happening Now

  • Zero Energy Buildings Workshops

    photo of house May 6, 2015 - San Mateo County Energy Watch, with support from Joint Venture, is conducting two workshops May 28 and 29 for local governments and home builders and owners to learn the latest market trends and strategies for creating zero energy plans and building energy efficient homes. 

    The "Pathway to Zero Energy Buildings" workshops at the Portola Valley Town Center offer information from experts and building tours. The May 28 workshop is for planners, building officials, sustainability coordinators, policymakers and consultants. The May 29 workshop is for builders, contractors, homeowners, architects and real estate professionals. Admission to each workshop is $10 and includes lunch.

    Register now.

  • Silicon Valley population hits 3 million

    New report from Silicon Valley Institute for Regional Studies

    crowd w/ report cover May 5, 2015 – Silicon Valley’s population has reached three million for the first time, Joint Venture’s Silicon Valley Institute for Regional Studies announced today.The figure is part of a 32-page brief released by the Institute, “Population Growth in Silicon Valley.” The report examines Silicon Valley’s population dynamics.

    If it were a city, Silicon Valley would be the nation’s third largest behind New York (8.4 million) and Los Angeles (3.9 million). As a state it would rank 31st, between Mississippi and Iowa.

    “This milestone goes hand-in-hand with our hot economy,” said Russell Hancock, president and CEO of Joint Venture, which houses the Institute. “Still, it’s a startling figure that puts our explosive growth in perspective.”

    Read the news release | Listen to our podcast on the study | Download the report

  • Meet Edith Ramirez, City of Morgan Hill

    Edith Ramirez April 29, 2015 - Quick, name a Bay Area getaway destination with great weather, a vibrant downtown, charming boutiques, fine dining, award-wining wineries, spacious parks, golf, cycling, hiking, water sports and open space. Did you say Napa? Carmel? Try Morgan Hill.

    No longer just a bedroom suburb for Silicon Valley workers, Morgan Hill has become a thriving community on its own, says Edith Ramirez, the city’s economic development manager and chair of Joint Venture’s Silicon Valley Economic Development Alliance.

    Read Edith's profile.

  • Monthly Investors Council Spotlight
    Ygrene logo orange and grey dignity health logo red and black Irvine Co. logo

    May 18, 2015 - Joint Venture's Investors Council welcomes YGrene Energy Fund, Dignity Health and The Irvine Co., 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.

  • Poverty rate at 11.3 percent in affluent Bay Area

    Poverty brief coverApril 13, 2015 – More than one in ten Bay Area residents are living in poverty in spite of it being among the world’s wealthiest regions, according to a new brief released today by the Joint Venture Silicon Valley Institute for Regional Studies.

    The “Poverty in the Bay Area” study finds that 829,547 people living in the Bay Area, or 11.3 percent, were impoverished in 2013, just below the historical peak of 12 percent and still much higher than the average rate of around 9 percent.

    Read the news release. | Download the brief.

  • Silicon Valley Indicators

    indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

    The site is maintained and constantly updated by the Joint Venture Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

    Download the 2015 Silicon Valley Index.

  • This Month on "Inside Silicon Valley"

    Inside Silicon Valley logoMay 1, 2015 - Silicon Valley’s growing population, the iPhone and other tech gadgets, the California drought, an alternative approach to incarcerating young adults and bicycling's role in our economy are 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:

    May 3 & 4: Rachel Massaro, Senior Research Associate, Silicon Valley Institute for Regional Studies
    May 10 & 11: Troy Wolverton, Personal Technology Columnist, San Jose Mercury News
    May 15 & 17: Jeffrey Mount, Senior Fellow, PPIC Water Policy Center
    May 22 & 24: Jane Mitchell, Co-founder, The Reset Foundation
    May 29 & 31: Shiloh Ballard, Executive Director, Silicon Valley Bicycle Coalition

    Learn more about the program. | Listen on iTunes.

Top Videos

2015 State of the Valley

2015 State of the Valley recap video by PRx Digital.

More than 1,200 people packed the 2015 State of the Valley conference on Feb. 4 at the Santa Clara Convention Center, where they heard keynote remarks from Stanford University President John Hennessy, Time assistant managing editor Rana Foroohar, author and political theorist Benjamin Barber, and Technology Partners general partner Ira Ehrenpreis, as well as a panel discussion with Sam de Brouwer, Veronica Juarez, Jitendra Kavathekar, Matt Mahan (moderator), Jeff Modisett, and Ben Nelson. The day began with an update on the region’s economy and also featured the Packard Award presentation to Chris DiGiorgio and Chuck Reed, an exhibitors hall, and entertainment by local youth groups.

Briefing on the 2015 Silicon Valley Index

The 2015 Silicon Valley Index revealed that Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it. At the same time, the wave of prosperity continues to widen the middle-income gap and strain the region’s ability to accommodate its ever-rising housing costs, commuter rates, traffic and transit ridership.

The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley showed the region with nearly 58,000 new jobs – the highest growth rate since 2000 – 42,000 new residents, average annual earnings of $116,000, venture capital investments higher than any other year since 2000, 17,000 new patent registrations and more than 16 million square feet of new commercial building space approved.

Here is Joint Venture President and CEO Russell Hancock’s report on the 2015 Index to the annual State of the Valley conference Feb. 4, 2015.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.

Top Downloads

Population Brief, May 2015

population brief cover This report examines Silicon Valley’s population dynamics, including overall population growth, growth by city and county, birth and death rates, and the changing population composition in terms of age and gender. It also examines recent California Department of Finance (DOF) population and K-12 enrollment projections through 2023.

Learn more about the Population Brief, view interactive charts, and download the underlying chart data on the indicators website.


Poverty Brief, March 2015

poverty brief cover This research brief examines aspects of poverty in the San Francisco Bay Area, its regional distribution and areas of intense concentration, as well as the demographics of the impoverished population.

Learn more about the Poverty Brief, view interactive charts, and download the underlying chart data on the indicators website.




Silicon Valley Index - 2015

2015 Silicon Valley Index yellow cover The 2015 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.





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In The News

May 21, 2015 - (Breitbart) - Twitter Donates $6 Million Tech Skills Center for S.F. Poor: "Despite the Bay Area having the best job growth in the nation, a recent report for Joint Venture Silicon Valley found that...there were 829,547 people living in poverty in the Bay Area in 2013.” More.

May 21, 2015 - (JCBS) - San Jose Among 10 U.S. Cities With More Than 1 Million People, Census Bureau Says: "'The government’s figures echo a recent estimate showing 3 million people now live in Silicon Valley...according to Joint Venture Silicon Valley. More.

May 15, 2015 - (Greentech Solar) - Local Governments Win Solar at 9 Cents per Kilowatt Hour with Collaborative Procurement: "Led by Alameda County, with help from Joint Venture Silicon Valley and Optony, a solar consultancy, R-REP put together a bid package for renewable power that provides lower prices than the individual parties could have obtained." More

May 14, 2015 - (San Jose Mercury News) - EPA Chief Leads Dedication of Hayward Solar Landfill Conversion: "Alameda County worked closely on the collaboration with Joint Venture Silicon Valley and Contra Costa Economic Project, two organizations that focus on regional collaboration." More

May 14, 2015 - (San Francisco Chronicle) - Closed Hayward Dump Will Be Transformed into Solar Farm: "The effort, known as the Regional Renewable Energy Procurement, is being touted as one of the largest and most innovative solar projects in the country." More

May 13, 2015 - (CFO Magazine) - Facebook Pushes Vendors to Hike Pay, Benefits: "According to Joint Venture Silicon Valley, a regional think tank, the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More

May 13, 2015 - (Wall Street Journal) - Facebook Presses for More Pay for Janitors, Cooks: "Joint Venture Silicon Valley, a regional think tank, says the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More

May 12, 2015 - (Al Jazeera America) - Unions Make Strides Among Silicon Valley Workforce: "Average wages are on the rise as well according to a recent study from Joint Venture Silicon Valley, but the income gap remains vast." More

May 6, 2015 - (ABC News) - 3 Millionth Silicon Valley Resident Born: "A new person comes to Silicon Valley -- by plane, bus, train, car or, yes, by being born -- approximately every 16 minutes, according to Joint Venture." Video

May 6, 2015 - (CNET) - Silicon Valley's Male-Dominated Culture Could Cost the Technology Industry the Thing it Values Most: Innovation: "Men in Silicon Valley earned up to 61 percent more than their female peers, according to data released by Joint Venture Silicon Valley in February." More.

May 5, 2015 - (ABC7) - Newborn is Silicon Valley's 3 Millionth Resident: "'A lot of Silicon Valley employers don't understand that the cost of living in Silicon Valley is changing and increasing more rapidly than the rest of the state or the nation...' said Rachel Massaro with the Silicon Valley Institute for Regional Studies." Video.

May 5, 2015 - (KCBS) - Silicon Valley Reaches Estimated 3 Million People: "According to the Joint Venture Silicon Valley Institute for Regional Studies, the milestone was reached sometime Tuesday morning." More

May 2, 2015 - (San Jose Mercury News) - Pizarro: Population Milestone: "If you've been feeling a little crowded lately, maybe it's because Silicon Valley is approaching 3 million residents any moment now." More

May 1, 2015 - (KLIV) - Silicon Valley Population Expected to Hit 3 Million People: "Joint venture Silicon Valley is projecting that Silicon Valley will hit 3 million people next week." More

April 30, 2015 - (Reno Gazette Journal) - Tesla Motors Charging Into Home, Commercial Storage Battery Market: "The gigafactory will dedicate an estimated 15 gigawatt hours of its capacity toward stationary batteries compared to 35 gigawatt hours for car batteries, said Tesla chief technology officer JB Straubel during Joint Venture Silicon Valley's 2014 energy storage symposium last year. More

April 29, 2015 - (New York Times) - Japanese PM Seeks Tech Innovation in Silicon Valley Visit: "'We've had a parade of ministers and secretaries lately, and they're all wanting to associate themselves with the dynamism that is in evidence here,' said Russell Hancock, president of Joint Venture Silicon Valley, an organization focused on the local economy and quality of life." More.

April 28, 2015 - (Silicon Beat) - Tech Boom Pressures Silicon Valley Housing and Transportation: "'We have phenomenal growth,' said Russell Hancock, president of San Jose-based Joint Venture Silicon Valley." More

April 24, 2015 - (Wall Street Journal) - Weekend Read: Will the Tech Boom Go Bust?: "After the think tank Joint Venture Silicon Valley released an optimistic report about the region’s economy, its president Russell Hancock told the reporter, 'I don’t see any kind of bubble. This is not 2000.'” More

Earlier News Archive