CEO & Business Development Update | June 2018

Exciting news as we work to attract and grow technology in the region: 5 Reno startups recognized for bringing 125 tech jobs, RGJ – June 5.  Five Reno startups, including a company that caters to endurance athletes and one that specializes in connected products, were recognized by officials for creating high-paying jobs in the Biggest Little City. Breadware, The Sufferfest, Talage,  MyVR and Bombora were touted by Governor Brian Sandoval and Reno Mayor Hillary Schieve for bringing 125 new tech jobs to the area and successfully raising more than $10 million dollars in funding. The average annual wage for these jobs is $77,000.  Here is the full article.

Congratulations to our Powerful Women! More than 700 people gathered at the Atantis Resort Spa Casino for Northern Nevada Business Weekly’s 2018 Sierra Nevada Powerful Women Awards luncheon on May 30.  The event honored the Sierra Nevada Top-20 Powerful Women winners. Additionally, the Top-10 Women of Exemplary Achievement were also recognized. Our very own, Nancy McCormick, Senior VP Retention, Expansion and Workforce Development, Economic Development Authority of Western Nevada (EDAWN) was one of the winners.  Go Nancy 911 and all the other amazing powerful women in our community.  Here is the article.

We’re In the Top 10 Best Small Cities at #6 – according to Resonance Consultancy.  Buzz, recreation and an emerging tech industry launched Reno to No. 6 overall among small cities.  “By incorporating user-generated metrics, instead of just relying solely on economic indicators, one can get a more complete picture about a city,” said Chris Fair, Resonance Consultancy president. Reno’s strong showing in this year’s rankings made it one of eight small cities that Resonance Consultancy is especially keeping an eye on as an up-and-comer in the destination space, Fair said.  Here is the RGJ Article.

Another option for Air Travel to the Bay Area: JetSuiteX is starting air service to Oakland, with 12 flights per week starting at $129 one way.  “The arrival of companies such as Tesla, as well as Northern Nevada’s increased focus on startups, has led to an increase in business travelers flying between Reno and the Bay Area,”  said Rachel Porges, JetSuiteX, Vice President, of marketing and business development. Porges believes that JetSuiteX’s semi-private approach to flying and competitively priced fares provide an advantage that many travelers will find appealing. Here is the RGJ Article.

Meltwater – May 15, 2018 – Innovative Approach Helps Reno Lure High-Growth Companies – Cities that want to attract high-growth companies for their energy and job openings now have a new tool. Bombora and the Economic Development Authority of Western Nevada, aka EDAWN, announced today that Reno, Nevada, has used Bombora’s data to find startup companies that are thinking of expanding – and a number of those companies are now considering Reno offices and headquarters along with other competing cities. Here is the article.

The Dorms On Sage Street needs community support: Dorm-style housing project proposed for vacant Sage Street lot in Reno – Channel News 4 – April 25, 2018.  The Reno City Council is moving forward with a dorm-style housing project proposed for the vacant lot at 250 Sage St. Council voted unanimously, Wednesday, April 25, to take the next steps in getting the project underway. The project will provide about 200 people with affordable housing but needs $3.2 M in financial support for the $8M effort. Here is the full story.  Please go to https://nevadafund.org/housing/ to provide support.