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What's the Big Idea?

From January 2006

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Best Business Place
Project for Prosperity, a SACTO, Metro Chamber and Valley Vision effort, is surveying citizens in a comprehensive way in its push to de?ne future jobs and the workforce necessary to get there. Project for Prosperity surveyed approximately 500 guests at the annual SACTO luncheon held recently and found that 61 percent live in Sacramento County and 75 percent work in the private sector. A majority in the survey indicated that the key to the future is to develop a core downtown and create an environment that roars, “This region is the best place to do business in California.” Prosper’s panel agreed.
ROCCA: “One of the great complaints that we tend to hear in the business community about this region is how few headquartered companies this area has been able to de-velop and build on (our) own. Our private equity fund takes some of the great businesses that are here and provides them with the additional economic and intellectual capital they need to sustain themselves successfully in this region so they aren’t acquired and transported to Toledo, Ohio.”
BIGGART: “We’re partnering with the scientists and the en-gineers on campus to try to leverage some of their technologies and commercialize it. The companies that we grow in nanotechnology, medical technology and engineering really are phenomenal. I have my business group partner with a number of people on campus. I hope it makes a difference in this region. That’s my vision for what role we can play.”
COHEN: “There is something about CEOs who live where they work that gives them the clout to get things done when there isn’t necessarily a regionwide consensus to get things done.”
     In fact, UC Davis is the incubator to more than 30 local companies (according to a technology company genealogy tree designed by the regional tech alliance SARTA), and there is no end in sight. The university generates almost $500 million in research grant money.

An Infrastructure That Can Deliver
Emerging companies spawned from UC Davis research will probably use the expanding Asian production markets to manufacture goods for consumers worldwide. Already, almost half the goods made in Asia and sold in the United States pass through California. That environment bodes well for a region that can expand its airport capability and redirect efforts to make its inland port more lucrative.
Continued...

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