The Silicon Valley Leadership Group (“SVLG”), on behalf of its 350+ member companies representing the innovation economy and its ecosystem, today applauded the joint statement of the U.S. Department of the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (“FDIC”) to insure all deposits at Silicon Valley Bank (“SVB”), or its successor institution, including those above $250,000.
The Applied Materials Silicon Valley Turkey Trot, America’s largest Thanksgiving Day race, returns in person on this year’s Thanksgiving holiday. The Turkey Trot has donated more than $11 million to date in support of local charities. More than 15,000 registrants are expected to participate in person and virtually this year.
Leading a coalition of California business associations, the Silicon Valley Leadership Group (SVLG) today urged the Biden Administration and Congress to accelerate implementation of the multibillion dollar CHIPS Act incentive program, which is critical to sustaining and strengthening the state’s thriving innovation economy.
California Governor Newsom today signed into law a measure that will speed up California’s lagging housing production by addressing inefficiencies in the permitting process. This common-sense legislation – AB 2234 (Rivas] Planning and zoning: housing: post entitlement phase permits – brings certainty to the building permit acquisition process after local housing developments are approved. In effect, AB 2234 implements a reasonable, transparent process so that good projects don’t have years needlessly added to their timelines.
The California Legislature has approved AB 2234 (Rivas). which is designed to speed up California’s lagging housing production by addressing inefficiencies in the permitting process This common-sense legislation brings certainty to the building permit acquisition process after local housing developments are approved.
Ahmad Thomas, CEO of SVLG, today issued a statement applauding Senate passage of the Inflation Reduction Act of 2022.
Ahmad Thomas, CEO of SVLG, today issued a statement applauding passage of the bipartisan CHIPS Act of 2022, which will help strengthen supply chain resilience and bolster the nation’s Innovation Economy. The bill has been approved by the U.S. Senate and the U.S. House of Representatives and is awaiting signature by President Biden.
Mary Holing, VP of Environmental Policy at SVLG, today issued a statement applauding the climate and clean energy investment provisions that have been announced as part of the inflation reduction package.
On behalf of more than 350 companies that drive America’s innovation economy from the heart of Silicon Valley, SVLG’s Peter Leroe-Muñoz urges elected officials in Washington to pass the CHIPS Act of 2022 and secure America’s semiconductor future and resilience.
Leveraging a record state budget surplus, SVLG partnered with Save the Bay, the Bay Area Council, Together Bay Area, Valley Water, and San Mateo County to make a push for critical funding for flood protection and restoration projects to meet the mounting climate related challenges we are now experiencing. We rallied local elected leaders throughout the Bay whose cities are directly impacted by rising waters and met with Bay Area legislators to champion additional funding. As a result of our efforts, this year’s budget deal has a historic $120 million dollar commitment dedicated to address Seal Level Rise in the San Francisco Bay.
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