Economic Development News From the East Bay | April 13, 2022
East Bay Venture Capital Boom
Despite the economic uncertainty of the past two years, the East Bay’s venture capital activity performed remarkably well in 2021, setting a new record to the tune of $10.38 billion, and off to a solid start with nearly $4.4 billion at the close of Q1-2022. Over the ten-year period, venture capital investments into East Bay companies have risen by ten-fold in ten years. Read more.
The California Dream Fund
The California Dream Fund is a one-time $35 million grant program to seed entrepreneurship and small business creation in the state. New entrepreneurs and small business owners will complete an intensive training program through select participating centers of the Technical Assistance Expansion Program. Learn how to apply for a microgrant of up to $10,000.
Resilient East Bay RFP Opportunity
East Bay EDA is seeking a consultant or consultants to assist with an Industrial Land Use Implementation Strategy for Resilient East Bay, a project to support small to mid-sized businesses in manufacturing, transportation, distribution & logistics, and biomedical/life sciences. Submittals for this online bid process closes on April 18 at 2:00 p.m. PDT. Submit today!
AMBayArea Summit 2022
Join East Bay EDA at the AMBayArea Summit 2022 on Tuesday, April 26 at Chabot Space & Science Center in Oakland. The 2022 Summit features a look at “Bay Area Manufacturing: The Next Five Years,” and a forum for Bay Area manufacturing leaders to re-connect with peers, learn from industry leaders and make new connections. Registration ends tomorrow 4/14!