Northern California Leads in Innovation and Foreign Direct Investment

Global Chamber® San Francisco and Sacramento chapters held a Northern California 'cross metro meetup' on April 27th featuring Barry Broome as a key note speaker, with Q&A and more meetup features including a roundtable discussion.

Barry is President and CEO of the Greater Sacramento Economic Council.

For the cross-metro meetup Barry shared information about the global competitiveness of Northern California in both macro and micro, specific views. It turns out that Northern California remains an extraordinary, dynamic region.

Don't miss Barry Broome's presentation and conversation HERE. Amazing!

California is still the #1 place for foreign direct investment, and there is a respect for immigrants that reflects their importance to the growth of the region. There is population outflow, but there's also population inflow, and that tends to be more skilled business leaders.

Greater Sacramento has some interesting highlights.

Some of the key business market segments of metro Sacramento in particular are shown below. And read more here.

AgTech

Greater Sacramento combines agricultural abundance from farmers to processors, highly skilled science and tech talent and the #1 agricultural sciences university in the nation–UC Davis.

Life Sciences

The region’s cutting-edge life sciences ecosystem spans from groundbreaking medical research to burgeoning biotech and medical device startups.

Future Mobility

With the California Mobility Center set to launch in 2020 and an already growing sector of research and development, both by private companies and educational institutions, the region is primed to become a world leader in future mobility.

Tech

Greater Sacramento offers a diverse technology industry with developments spanning from hardware to software design across numerous industries, including biomedicine, agriculture and mobility.

Advanced Manufacturing

The Port of West Sacramento, a Foreign Trade Zone, and major east-west and north-south freeways offer seamless connection and potential cost savings for advanced manufacturing operations while local initiatives ensure skilled labor is always on-hand.

Startups

With numerous incubators, pitch competitions and accelerators and a variety of affordable coworking spaces, companies can access all the resources they need in Greater Sacramento while maximizing investment dollars.

Read more about the work by Greater Sacramento Economic Council here.

Read more about the Global Chamber® San Francisco chapter here. Global Chamber® Sacramento information is here.

Speaker Biography

Barry Broome - President & CEO of Greater Sacramento Economic Council. Barry serves as the first President and CEO of the Greater Sacramento Economic Council. The organization is the catalyst for innovative growth strategies in the Capital Region of California. Barry is responsible for leading community-driven efforts to attract, grow, and scale new businesses; develop advanced industries; and guide new job-creation strategies throughout a six-county region. In his role, he has established the first public/private partnership economic development organization led by Chief Executive Officers in the State of California. The organization is led by 43 CEOs and 20 communities in the Greater Sacramento region.

Previously, Barry was the President and CEO of the Greater Phoenix Economic Council (GPEC) where he delivered more than 50,000 jobs and 250 company locates into the Phoenix region. Under his leadership, for six out of the ten years, GPEC was named one of the top economic organizations in North America by Site Selection Magazine. In 2013, he was also named Arizona Economic Developer of the Year, Arizona Real Estate Executive of the Year, and received the Phoenix Black Chamber of Commerce award.

Prior to Arizona, Barry was the CEO of Southwest Michigan First (SMF), where he built an organization from the ground up, which was later listed in the top 20 companies in North America by Site Selection Magazine. In 2006, SMF was named one of the fast 50 companies in Inc. Magazine— the first nonprofit to have that honor. Barry built and co-developed venture funds, angel networks, and 31 new ventures – primarily in the life science space in the Kalamazoo region. Barry was named Michigan Economic Developer of the Year in 2001. Preceding Michigan, Barry led the economic development in Toledo, Ohio, where he completed the largest industrial deal in the history of the United States called Project Jeep; which was built on 450 acres of brownfields in the North Central Toledo area.

Barry’s been featured and interviewed for his work in global and national media outlets including the L.A. Times, Bloomberg, Forbes, and CNBC among other publications. In addition, he was the keynote speaker at Arizona State University’s 2009 graduation and has been a guest lecturer at the University of Chicago, Notre Dame, Arizona State University, University of Arizona, Kalamazoo College, and Western Michigan University.

Global Chamber® is a growing and collaborating community of CEOs, executives and leaders in 525 metro regions around the world... connecting member businesses to new opportunities and advancing growth and success. It's the only chamber of commerce in the world operating in hundreds of locations that helps exporting, importing and investing members to connect through warm introductions to clients, partners, projects and resources.