Business Development Updates | |
The Business Development team reported 7 site visits and 8 new leads for the month of May. The team is also pleased to announce 4 projects that have relocated or expanded into our market.
The Port of Nevada has officially expanded intermodal cargo loads from the Port of Oakland into the Northern Nevada region, operating on a 146-acre site located in Fernley. This project will add 25 new jobs and marks the start of direct intermodal services available regionally. The ground breaking event, held on June 11th, had a great turnout thanks to the City of Fernley, IRG (Industrial Realty Group), Clark Associates, Union Pacific and the Port of Oakland. More than 50 community members from Northern Nevada were in attendance to celebrate, including these partners as well as the Reno Sparks and Fernley Chambers of Commerce, Mayor of Fernley, Neal McIntyre, members of the Governor’s Office of Economic Development, and Northern Nevada Development Authority’s (NNDA).
XCF Global Capital, Inc. is a company operating in the clean energy sector developing sustainable aviation fuel (SAF) recipes. Following their successful acquisition of New Rise Renewables, the company closed on a ten-acre site in Storey County to build recyclable components, to convert high-quality resources. The company will add 108 net new positions with their investment.
Octillion Power Systems is a global leader in energy storage solutions, manufacturing custom-made EV batteries for passenger cars, commercial vehicles, and grid applications. Their new facility in Reno will be adding 25 jobs to the market.
Scaleworx provides cloud management, IT consulting and security services to start-up companies as they are quickly growing in the tech ecosystem. The company has expanded their professional service team into Sparks and will add 10+ new jobs into the market.
To contact the Business Development team, please email Heather Wessling Grosz, Amanda Berry, or Danielle Randol.
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Business Retention, Expansion & Workforce | |
During the last 12 months, the BREW team has visited 145 companies, 128 of whom have been assisted by our team. The companies visited are projecting the addition of 365 new employees in the coming year, and the team has made 119 introductions to education providers and other businesses. To contact the Business Retention, Expansion and Workforce team to schedule a call or visit, or request assistance, please e-mail Kim Yaeger, Veronica Chavez, or Nancy McCormick.
Workforce
For all employers looking to fill open technology positions who are willing to help provide input on your specific workforce needs, consider connecting with the NevadaWorks Good Jobs Northern Nevada grant. Please contact Scott Turek at 775.636.1900 for information. The Good Jobs team needs your input, in order to help build a robust pipeline of trained job seekers for key industries!
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Welcome Sahan Samarakody Mudiyanselage! Sahan will be with EDAWN as a summer intern until mid-August helping the ED team plan for Reno Startup Week. He brings experience in event coordination and project management, and we're so excited to have him on board! Sahan is an international transfer student from Sri Lanka studying Information Systems at UNR. He is currently a senior and expected to graduate in Fall 2024. In the future, he’s looking to start a career in Project Management and eventually open a Sri Lankan restaurant in Reno.
Apply to pitch at our regional competition for Startup World Cup. As part of Reno Startup Week, and in partnership with Elevate Reno and Pegasus Tech Ventures, 10 startups will take the stage on Wednesday, September 18th to pitch their companies. Each startup will have 2 minutes to pitch, followed by Q&A from a panel of judges. The winner of our regional event will go on to compete for $1,000,000 at Startup World Cup's Grand Finale in San Francisco, October 2-4 at Hilton Union Square. The deadline to apply is Friday, July 26th!
Join us at Gener8tor’s gBETA Showcase on June 27th. Four local startups will be wrapping up their 7-week program by pitching their companies to a live audience. Please join us as we celebrate these founders’ hard work and the progress they’ve made during the program. The event will take place at the Whitney Peak Hotel from 5:30-8:00pm. Please RSVP here.
The EDAWN Startup Ecosystem Map. The Entrepreneurial Development Team helps local startups find the resources they need to start, run and grow their business. They also assist in relocation of existing startups to the greater Reno-Sparks community. For an overview of available resources, check out our startup ecosystem map here.
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The Reno-Tahoe International Airport (RNO) has announced the launch of its new nonstop flight to the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport (ATL) on Delta Air Lines. This is a very important route for our region as “ATL offers unparalleled connectivity, allowing our passengers to reach virtually any destination with ease.”
Register for UNR’s Fall 2024 Career Fairs! Meet talented students at the Part-Time and Seasonal Job Fair on September 5th, STEM Career and Internship Fair on September 18th, & Fall Career and Internship Fair on November 7th. Learn more at the Nevada Career Studio website or email Peter Martinez. Do not let this chance to find the perfect candidate slip away!
Sierra Nevada Job Corps is celebrating their 60th Anniversary and has certified and graduated over 25,000 young people into new careers since 1979. Their program helps students with complicated histories and challenges with housing, meals, medical, dental and mental health services and counseling through the process to help them find their career path. The Job Corps program is one that has a long history of success, and is another great resource for career-ready students eager to join the workforce.
Congratulations to Truckee Tahoe Lumber Company & Design Center (TTL) on their exciting expansion through the acquisition of NVO Construction Components' assets! With this strategic move, TTL will now include a dedicated Truss and Component division, enhancing their offerings with top-quality floor and roof trusses, and other products. Well done, TTL!
Congratulations to the high school graduates of the Redfield Academy! These remarkable students have faced numerous challenges with determination and perseverance, and the Children’s Cabinet is pleased to honor their achievements.
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Major Investor of the Month | |
eta consulting - Founded in 2016 by Rishi Malhotra, eta consulting has expanded to include six consultants across Nevada, California, Georgia, Michigan, and Utah. Specializing in Lean Six Sigma, our team advises industries such as mining, utilities, banking, food and beverage, manufacturing, automotive, and industrial machines. eta offers Green Belt and Black Belt certifications in partnership with UNR, conducts Lean kaizen events, and customizes Lean Office solutions for organizations of all sizes.
We invite you to enroll in eta’s Green Belt for Executives program, hosted by UNR Extended Studies from August 5th to 9th, running daily from 8 a.m. to 5 p.m. with lunch provided. Register before July 15th, 2024, to take advantage of the early bird registration fee of $1,995 ($2,195 thereafter).
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Investor Updates and EDAWN Events | |
EDAWN is a non-profit organization that depends on Investor support to accomplish our mission. Thank you to all our Investors for your continued support. Our continuing ability to attract, retain and grow quality companies in the Greater Reno-Sparks area would not be possible without you and our community partners!
Thank you to our New GOLD Major Investor:
- Truckee Tahoe Lumber Company & Design Center
Thank you to our New Silver Investors:
- Truckee Meadows Tomorrow
- Nevada Donor Network, Inc.
Thank you to our MAJOR INVESTORS ($12,500, $25,000 and $50,000) who have RENEWED their investment with us as of May/June 2024:
1. CAI Investments, LLC
2. Elemental LED, Inc.
3. Reno-Tahoe Airport Authority
4. Cogent Solutions and Supplies
5. Kingsbarn Capital & Development
6. Whitney Peak Hotel
7. Clark/Sullivan Construction
8. Regional Transportation Commission
9. Warehouse Equipment Solutions, Inc.
10. Prominence Health Plan
11. The Abbi Agency
12. Summit Investment Services
13. Porter Group, LLC
14. Reno Engineering Corporation
15. Neeser Construction
16. Northern Nevada Industrial Center
Thank you to our Silver Investor ($2,500) who have RENEWED their investment with us as of May/June 2024:
1. TechEdge Developers
2. J.P. Morgan Chase
3. Devcon Construction
We appreciate your continued support! If your company is not currently an investor with EDAWN and you are interested in becoming involved, please click here to download an investor packet.
If you are an EDAWN investor and would like to volunteer at our events, please contact Sheila Imsdahl, Senior Vice President of Investor Relations and Events, at imsdahl@edawn.org, 775.829.3704.
Please click here to view a list of EDAWN’s 2024 upcoming events.
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The EDAWN Executive Update is designed to give you a quick update on what is happening in our community and at EDAWN regarding economic development.
Please forward this to others you know that may be interested. For more information, please email Tamera Pitts or call 775.829.3700.
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