What's Happening Now
State of the Valley 2013
More than 1200 business, government and community leaders gathered at Joint Venture's annual State of the Valley conference on Feb. 8 in San Jose, where they heard updates on the Silicon Valley economy and talked seriously about stepping up the region's governance and decision making in the wake of impressive growth from San Jose to San Francisco. This overview, produced by PRx Digital, includes comments from keynote speakers, panelists and presenters.
Briefing on the 2013 Silicon Valley Index
In this video from the 2013 State of the Valley Conference, Joint Venture CEO Russell Hancock briefs the 1,500 people in attendance on the highlights in the annual Silicon Valley Index. He noted that a surge of prosperity and the highest rate of job growth in a decade has propelled Silicon Valley out of the recession, but challenges remain that bar many residents from sharing in the region’s newfound success. He also stressed the emergence of San Francisco as a major hub on the tech landscape.
2013 Grand Boulevard Progress Report
The 2013 Grand Boulevard Initiative Progress Report showcases the success of the member organizations towards achieving the Grand Boulevard Vision. The document summarizes Grand Boulevard studies and highlights exceptional projects and plans in each Corridor jurisdiction. A foldout insert to the document contains an infographic that tells the story of the history, present, and future of the El Camino Real Corridor.
Silicon Valley Index - 2013
The 2013 Silicon Valley Index presents the latest data and trends in economic development, workforce, housing, education, public health, land use, environment, governance, arts and culture and other sectors throughout Santa Clara and San Mateo Counties and portions of Alameda and Santa Cruz Counties. An accompanying Special Analysis section of the report each year takes a closer look at a particularly significant topic.
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.
Purchasing Power: Best Practices Guide for Collaborative Solar Procurement
A new report co-published by Joint Venture, Optony and the World Resources Institute demonstrates how governments and businesses can save money by joining together to buy solar power. The report, “Purchasing Power: Best Practices Guide for Collaborative Solar Procurement” was issued in conjunction with the U.S. Department of Energy’s Solar America Cities annual meeting in Philadelphia. Collaborative solar purchasing allows governments, businesses or universities in the same region to collectively negotiate solar power contracts.
Cross-jurisdiction Collaboration: New Models for State, Regional, and Local Governments
Joint Venture and Accenture have issued a study that outlines new models for local governments to pool resources and purchase supplies and services as they grapple with daunting fiscal restraints. "Cross-Jurisdiction Collaboration: New Models for State, Regional and Local Governments," cites numerous case studies of successful programs in the Bay Area, California and nationally where communities have partnered to combine purchasing and provide services.
In The News
December 3, 2013 - (PublicCEO.com) - Silicon Valley is No Model for America: "As Russell Hancock, president of Joint Venture Silicon Valley, recently acknowledged, 'Silicon Valley is two valleys. There is a valley of haves, and a valley of have-nots.'"
November 24, 2013 - (Upstart Business Journal) - Google Backs Latino-focused Accelerator Manos: "According to the Index of Silicon Valley by Joint Venture and the Silicon Valley Community Foundation, the Hispanic population in Silicon Valley experienced a five percent decrease in per capita income between 2009 and 2011." More.
November 20, 2013 - (NBC Bay Area) - San Jose Patent Office to Open in City Hall: "The Commerce Department says San Jose will get its own patent office. Scott McGrew speaks to Russell Hancock of Joint Venture Silicon Valley. Video.
October 20, 2013 - (Examiner.com) - EV Drivers are Playing a Role in Demand-response in Electric Usage: "Joint Venture Silicon Valley Smart Energy Enterprise initiative (SEEDZ) partners with local stakeholders and corporate customers to learn and derive best practices for designing and implementing such a complex project. More.
October 18, 2013 - (San Francisco Chronicle) - Can Silicon Valley Innovation Save the U.S.?: "Luckily, in a dramatic shift westward, Silicon Valley, our most prosperous and innovative region, is trying to fill some of the void...Sources: Silicon Valley Institute for Regional Studies/Joint Venture Silicon Valley." More.
September 30, 2013 - (East Palo Alto Today) - Where Is Our Economy Headed? "The latest findings indicate that Silicon Valley is out of the recession and our economy is rebounding. On this show, Russell Hancock, the president and CEO of Joint Venture Silicon Valley, discusses these findings as well as some of the challenges that lie behind the positive statistics. Video.
September 27, 2013 - (San Carlos Patch) - El Camino Real Advocates Awarded for Improving Peninsula's Main Street: :The Grand Boulevard Initiative (GBI) is recognizing more than a dozen projects and plans that set the stage for improvements to the El Camino Real corridor. More.
September 23, 2013 - (Newark Patch) - County Partnership Creating Jobs: "Alameda County is working with Joint Venture Silicon Valley and the Contra Costa Economic Partnership to bring renewable energy to communities." More.
September 1, 2013 - (Examiner.com) - Electric Vehicles are Gradually and Surely Gaining Demand: "The (SEEDZ) initiative aims to build the ‘smart energy’ network of the future by demonstrating and delivering leading power performance and sustainability benefits on a commercially based, community-wide scale. More.
August 30, 2013 - (San Mateo Daily Journal) - Reporter's Notebook: "SamTrans and the city of Millbrae are providing pedestrians with a safe, new crossing on El Camino Real to reach the Caltrain/BART Station. (Both are) members of the Grand Boulevard Initiative, which seeks to transform El Camino Real into a pedestrian-friendly boulevard with mixed-use residential and commercial development." More.
August 30, 2013 - (San Jose Mercury News) - Recent Spate of IPO Filings May Just be the Beginning: "IPOs create a lot of wealthy people. Wealthy people start spending a lot of money," said Russ Hancock, CEO of Joint Venture Silicon Valley, which studies the valley's economy. More.
August 26, 2013 - (Bloomberg) - New York Tech Startups Look to Broadway for a Creative Edge on Silicon Valley: On the other side of the country, Russell Hancock is skeptical about how a failed actress is going to help build a business. He's the CEO of Joint Venture Silicon Valley, a think tank, and he's also a concert pianist who has performed with orchestras on national tours. More.
August 21, 2013 - (Metro) - Bill Sherry Readies the San Jose Metro Center: "'That leaves San Jose in position to emerge as a leader in the region,' agrees Russell Hancock, CEO of Silicon Valley Joint Venture, whose board of directors includes Sherry." More.
August 14, 2013 - (Los Angeles Times) - San Francisco Split by Silicon Valley's Wealth: "The gap between Silicon Valley's high and low earners is widening, with average per-capita incomes going up while median household incomes have fallen for the third consecutive year, according to Joint Venture Silicon Valley, a private group that publishes an annual report card on the region." More.
July 31, 2013 - (Palo Alto Weekly) - Palo Alto Takes Aim at Narrow Sidewalks: "A coalition of cities and counties from all along the the El Camino corridor have spent years working on the "Grand Boulevard Initiative," which aims to revitalize this critical thoroughfare between Daly City and San Jose." More.
July 31, 2013 - (Silicon Valley Business Journal) - Renters Beware: Average Silicon Valley 1BR Apartment Passes $2050 a month: "Meanwhile, median income in Silicon Valley hit an 11-year low during 2011, falling to $84,724, according to a report released earlier this year by local economic think tank Joint Venture Silicon Valley." More.