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Innovation Lives Here SPECIAL SUPPLEMENT | JULY 29, 2016 Life in the Tri-Valley makes it attractive to young, talented workers, says FunMobility’s Adam Lavine (center) pictured here on the Bishop Ranch campus with Daniel Miranda and TheTri-Valley Danielle Merz. Innovation Lives Here Philip Wente Lynn Fischer Alex Mehran and Alex Mehran Jr. Denise Koker Collaborative culture Empathy for workers Quallity building creates a legacy Science, technology a hallmark of is a core value. for future generations. are the DNA of Tri-Valley leadership. Tri-Valley innovation. TITLE SPONSOR SPONSORS A Sunset Development Project Bishop Ranch®: A workplace that works for you. Our goal at Bishop Ranch® is to make your work (and life) how it should be: simple. With 6.5 million feet, 600+ companies, and a comprehensive host of amenities in a single location, Bishop Ranch® is more than just office space: • Award-winning transit • Lively social events • Park-like setting • Modern conference center • Abundance of food options • 24/7 security • On-site childcare • On-site medical center • Year-round farmers markets • Commuter-friendly parking With the amenities of an urban location and a firm dedication to quality and customer service, Bishop Ranch® is the ideal place to grow your business. Don’t miss your opportunity to join the world-leading companies and more than 30,000 employees that call this place home. ® Bishop Ranch® is one of Northern California’s premier business addresses with space available from small executive suites to full buildings. ® For leasing services, please call Josh Hitchcock at 925.866.0100. ©2016 Bishop Ranch a Sunset Development Project. www.bishopranch.com JULY 29, 2016 TRI-VALLEY | INNOVATION LIVES HERE ADVERTISING SUPPLEMENT 3 The Tri-Valley is thriving contentS 3 Welcome to the Tri-Valley ® on innovation & good living 4 ‘Ecology of innovation’ powers Tri-Valley growth 4 Tri-Valley by the numbers Skilled workers at every level find a wealth of opportunities among the Bishop Ranch : A workplace Innovation breeds innovation (graphic) 6 Tri-Valley’s industry-leading companies and entrepreneurial ventures 7 Innovation Tri-Valley Leadership Group that works for you. elcome to the Tri-Valley, one of the Investment capital is flowing in. The Tri-Valley 8 National Labs propel Tri-Valley innovation most dynamic innovation hubs in attracts funds from Silicon Valley and Bay Area 14 POC Medical: Early detection saves lives W the country and one of the most de- venture capital firms, high-net-worth individu- 14 LAM Research: In growth mode sirable places to live and raise a family. als and from as far away as New York, Toronto and London. 16 New City Center at Bishop Ranch The innovation ecosystem is expanding. With 18 Cities share vision for innovation economy two National Laboratories, the Livermore Val- Top talent is drawn to the Tri-Valley – from 22 Chevron ley Open Campus, a concentration of knowl- all over the world, and from colleges and uni- 22 Topcon: Precision positioning edge-based companies, a State of California-des- versities close to home. Tri-Valley residents also ignated innovation hub, cutting-edge startups tend to be much more highly educated than the 23 Las Positas College - Doing what matters and the Innovation Tri-Valley Leadership Group, national average and the median income in four 26 Incubators, accelerators & open labs the Tri-Valley continues to add to its network of out of five of the Tri-Valley cities is more than 27 World of Children innovation assets. double that of the U.S. as a whole. 28 Veeva expanding in Pleasanton Jobs are in abundance. In fact, according to the Information, ideas and connections flow freely. 28 Mobile brands that engage audiences most recent UCLA Anderson Forecast, the Tri- The region’s business community successfully 30 Live/Work at the Hacienda Valley is at essentially full employment. As a re- manages the tension between collegiality and sult, wages are competitive and cities are building competitiveness. 32 Wineries & Craft Beers more workforce housing. And there’s a concerted 34 Title 21 improving patient safety & outcomes community effort to keep the Tri-Valley family- With its Mediterranean climate, scenic beauty, 34 Leading-edge health care friendly. first-rate cultural venues, cosmopolitan am- biance, world-class wineries, bountiful opportu- Entrepreneurs are inspired by the Tri-Valley’s nities for recreation, a range of housing options Stories by Carol Piasente culture of innovation. They are drawing on the and exceptional schools it’s now wonder the Tri- Design and layout by Carol Collier region’s resources and expertise to bring bold Valley is a highly desirable place to live. new ideas to market. Main cover photo by Paolo Vescia Our goal at Bishop Ranch® is to make your work (and life) how it should be: simple. With 6.5 million feet, 600+ companies, and a comprehensive host of amenities in a single location, Bishop Ranch® is more than just office space: • Award-winning transit • Lively social events • Park-like setting • Modern conference center • Abundance of food options • 24/7 security • On-site childcare • On-site medical center • Year-round farmers markets • Commuter-friendly parking With the amenities of an urban location and a firm dedication to quality and customer service, Bishop Ranch® is the ideal place to grow your business. Don’t miss your opportunity to join the world-leading companies and more than 30,000 employees that call this place home. ® Bishop Ranch® is one of Northern California’s premier business addresses with space available from small executive suites to full buildings. ® For leasing services, please call Josh Hitchcock at 925.866.0100. ©2016 Bishop Ranch a Sunset Development Project. www.bishopranch.com a 4 ADVERTISING SUPPLEMENT TRI-VALLEY | INNOVATION LIVES HERE SaN FRANCISCO BUSINESS TIMES TRI-VALLEY Median household income Employment by sector In thousands; 2012 figures BY THE NUMBERS $120 100 Data as reported in the Bay Area Council Economic 80 Institute Report, “The Tri-Valley Rising,” 2014. 60 40 Educational attainment 20 Highest degree earned 0 100 Tri-Valley San Silicon Bay Area California Francisco Valley 13% 18% 12% 15% US Census; Bay Area Council Economic Institute 80 Professional and business services Patent registrations in the Tri-Valley 29% 33% 23% 25% Trade, Transportation, utilities 1000 60 Doctorate Manufacturing 800 Education and Health Master’s or Information 40 32% 27% 29% 27% professional degree 600 Leisure and hospitality Bachelor’s degree Financial services Percent of adult population Percent 20 400 Some college or Construction associate degree 23% 19% 34% 31% 200 Other services High school or less 0 Natural resources and mining 2000 2012 2000 2012 0 Tri-Valley All Bay Area 1990 2012 National Establishment Time Series, 2012 US Census; Bay Area Council Economic Institute US Patent and Trade Oce; Bay Area Council Economic Institute Bay Area Council Economic Institute ‘Ecology of innovation’ powers Tri-Valley growth “We know that nchored by major company headquarters Add to the mix a highly educated labor pool, central Bay and two national labs that are expanding the Area location and diverse housing options from single-family people who are commercial uses of their facilities and the ap- homes to transit-centric condos and apartments and it’s easy looking for a job plications of their R&D, the Tri-Valley is at- to see why the Tri-Valley is home to some of the nation’s larg- tracting new, entrepreneurial businesses and est companies. are also making Aboasts the second-largest concentration of computer engi- A notable dynamic is the role of top talent in continuing a decision about neers in the Bay Area. to expand the circle of innovative companies in the Tri-Val- ley. Many of the region’s startups are the result of business what they want Two world-class national labs leaders and entrepreneurs leaving one business to run with in a quality The influence of the labs cannot be underestimated – a new idea or to take up leadership roles in other Tri-Valley no other place in America has two national laboratories in businesses. of life. To the such close proximity. extent business LLNL, with an annual budget of $1.42 billion, employs Diverse business base some 5,800 at its Livermore campus. Almost half of these The Tri-Valley’s diverse business base helps to buffer the realizes that, employees reside in the Tri-Valley. Home to the Sequoia, region from economic ups and downs. regional one of the world’s fastest supercomputers, and the world’s In addition to the large companies based in the Tri-Valley, largest beam laser, LLNL is noted for its leadership in the region, like the rest of the Bay Area and on trend with the collaborations high-performance computing, lasers and optics. rest of the country, has a growing number of small businesses. Sandia California, also in Livermore, employs another Tri-Valley establishments with fewer than 10 workers are con- to create a 1,150 fulltime and contract workers. Sandia is breaking centrated in the professional services, health care, real estate great quality of new ground in energy research and helping to develop and construction industries. next-generation biofuels. From 1994 to 2008, Tri-Valley employment expanded by life and a great Originally funded for defense work, these world-class 65 percent, with strong growth in manufacturing and con- educational research institutions have broadened their focus to include struction. In comparison, Bay Area employment grew by 17 commercial applications and are largely responsible for percent over the same period. system becomes the Tri-Valley’s accelerated growth, which is expanding at Information jobs in software, telecommunications, pub- a no-brainer.” a faster rate than the Bay Area as a whole, according to the lishing and data processing have increased by 86 percent since Bay Area Council (BAC) report, “Tri-Valley Rising.” 1994.
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