Presentation Overview Tech Landscape Data Analysis Strengths & Weaknesses Recommendations Discussion
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Tech Landscape What are the best practices for promoting a city’s tech industry?
1. Understanding the existing tech scene in your city.
2. Craft strategies based on the distinct needs of the particular sub-sector being targeted.
3. Promote and connect local entrepreneurs and encourage coordination and communication among business support organizations that nurture business start-ups.
4. Invest in human capital via workforce training.
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High Tech Subsectors and Glendale-based Businesses
Aerospace Products
Architectural and Engineering Services
Biopharmaceuticals and
Medical Devices
Computer Products and Electronics Manufacturing
Computer Software, Design, and
Services and Online Publishing
Food Technology (Additional category created
for this report)
Machinery and Equipment Manufacturing
Management, Scientific, and
Technical Consulting
Media
Petroleum and Chemical Products Manufacturing
Telecommunications
Wholesale Activities related to High Tech
Glenair United Engineering Company, Inc. Quest Diagnostics Hi-Tech Electro Design LegalZoom JH Biotech Europe-Africa LLC Mechanical Concepts Liftoff Disney Interactive Media Group Avery Dennison Regus Weil Aquatronics
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Number of High Tech Firms by Subsector in Glendale and Los Angeles County, 2016
HIGH TECH SUBSECTOR Aerospace Products Architectural & Engineering Services Biopharmaceuticals & Medical Devices Computer Products & Electronics Manufacturing Computer Software, Design, Services, and Online Publishing Food Technology Machinery & Equipment Manufacturing Management, Scientific, & Technical Consulting Media Petroleum & Chemical Products Manufacturing Telecommunications Wholesale Activities Related to High Tech TOTAL
NUMBER OF FIRMS IN GLENDALE
12
194
96*
12
140
26
14
206
69
4
73
183
1,029
NUMBER OF FIRMS IN LOS ANGELES
COUNTY
628
6,435
2,232
901
4,651
892
1,114
8,775
3,543
289
3,418
8,247
41,125
PERCENT IN GLENDALE
1.9%
3.0%
4.3%
1.3%
3.0%
2.9%
1.3%
2.3%
1.9%
1.4%
2.1%
2.2%
2.5% 6
High Tech Employees by Subsector in Glendale, 2016
HIGH TECH SUBSECTOR Aerospace Products Architectural & Engineering Services Biopharmaceuticals & Medical Devices Computer Products & Electronics Manufacturing Computer Software, Design, Services, and Online Publishing Food Technology Machinery & Equipment Manufacturing Management, Scientific, & Technical Consulting Media Petroleum & Chemical Products Manufacturing Telecommunications Wholesale Activities Related to High Tech TOTAL
NUMBER OF EMPLOYEES
1,830
4,278
20,547
651
3,061
224
161
3,011
1,365
485
544
5,011
41,168
PERCENTAGE OF ALL HIGH-TECH
EMPLOYEES
4.4%
10.4%
49.9%
1.6%
7.4%
0.5%
0.4%
7.3%
3.3%
1.2%
1.3%
12.2%
100% 7
• Quality of Life • Location • Brand Blvd. • No City
Business Tax
• Tech Companies operate as islands
• Traditional office space
• Delays in permitting • Bandwidth
Strengths Weaknesses
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RECOMMENDATIONS
• Market Glendale as the place for Tech
• Promote Glendale’s Business Friendly Environment
• Create a Space for Tech
• Create and Support Glendale’s Tech Workforce
• Support Glendale’s Quality of Life
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RECOMMENDATIONS Market Glendale as the place for Tech
INTERNAL
• Creation of a Tech-Focused Advocacy Organization
• Build Civic Technology Infrastructure
EXTERNAL
• Attract trade shows and conferences
• Leverage Industry Networks
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RECOMMENDATIONS Tech Focused Organization • ID core leaders in Glendale’s tech community
willing to lead the effort
• Work with core leaders to brainstorm a path forward: develop a mission statement and priorities, create a funding strategy, etc.
• The City could offer initial support – but should ultimately be a community driven effort
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RECOMMENDATIONS Promote Glendale’s Business Friendly Environment • Develop Creative Office Space: Brand
Boulevard • Promote Business Concierge Program to
Tech Businesses
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RECOMMENDATIONS Create a Space and Programs for Tech • Preserve and Maintain Industrial and
Manufacturing Space in West Glendale • Attract Medical Related Uses:
North Glendale • Tech Accelerators/Incubators
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Accelerator Co-working Space Incubator • Cohort-based
program • Highly competitive
program • Direct mentorship
and access to resources
• Time-specific
• Space-based • Non-competitive • Similar services to
accelerator, but over a longer period of time
• Usually industry focused (e.g. biotech)
• Membership-based creative office space
• Shared working environment
• Peer-to-peer mentorship
• May attract investors or professional mentors
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RECOMMENDATIONS Tech Incubator/Accelerator • Develop an accelerator program to be
operated on a time-limited period, such as 90 days, once a year.
• Partner with a high-quality co-working space.
• Actively build relationships with investors - angel, seed-stage funds, and VCs – so Demo Days are well attended.
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RECOMMENDATIONS Create and Support a Tech Workforce
• Career Awareness • Work Experience • Continuing Education
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RECOMMENDATIONS Support Glendale’s Quality of Life
• Transportation • Public Space • Public Sector Innovation
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