Greater Sacramento Economic Council

Today is historic day for the Greater Sacramento region 🎉 $575 million (!!) in proposed CHIPS Act funds have been announced for Bosch USA’s Roseville facility. This would support the creation of Bosch’s largest SiC Semiconductor factory, up to 700 manufacturing, engineering and research and development jobs and make our region home to 40% of ALL U.S. production capacity for SiC chips – a critical component for electric vehicles, charging stations and similar technologies. This is the most important investment in the region’s competitiveness since Golden 1 Center.   At $1.9 billion, Bosch’s Roseville facility is the largest semiconductor fab investment in California in 30 years. This is a transformational project for the region, elevating our prowess and profile in the global semiconductor ecosystem.   GSEC is proud to have supported Bosch in its move to Roseville and ensuring its success here, including help with its CHIPS funding application. Congratulations to the Bosch team and a thank you to our regional partners for their support of this project, including Congresswoman Doris Matsui, Congressman Kevin Kiley, City of Roseville, Sierra College, Roseville Electric and Placer County. Learn more: https://lnkd.in/d_8tYG6v

📢We're hiring a Graphic Design Intern! Are you a creative, motivated individual with a passion for design? Join the Greater Sacramento Economic Council as a Graphic Design Intern and gain hands-on experience working on impactful projects across digital and print media. 💼What You’ll Do: - Design brochures, social media graphics, and web content. - Collaborate with our marketing team on visually compelling content. - Use tools like Adobe Photoshop, Illustrator, and InDesign to bring ideas to life. 🌟What We’re Looking For: - A strong portfolio showcasing your design skills. - Proficiency in Adobe Creative Suite. - Detail-oriented and able to manage multiple projects. If you’re ready to bring fresh ideas to the table and grow your design skills in a fast-paced, team-oriented environment, we want to hear from you! ➡️ Apply here: https://lnkd.in/gAsNeUH #GraphicDesign #Internship #SacramentoJobs #Intern

Big news brewing at University of California, Davis 👀☕ The university was featured on the Today Show highlighting their new coffee center— the nation’s first-ever coffee center dedicated to coffee science and education! Students can now earn credit while mastering the art of roasting, brewing and tasting the perfect cup. Watch the full feature: https://lnkd.in/gDkw4P3h 📸: UC Davis

Yuba-Sutter officials are advocating for Beale Air Force Base to host the Air Force’s next-gen Collaborative Combat Aircraft mission which could create thousands of jobs✈️✈️✈️ As the largest employer in Yuba County, the base already contributes over $600M annually to the local economy. If the mission is approved, it could create thousands of jobs and spur growth in support industries, further strengthening the region’s economic foundation. Officials see this as an opportunity to maintain Beale's place in the local economy as the Air Force phases out older jet models. Read more: https://lnkd.in/dVuZusUt

Sacramento-based video game developer, Azra Games, has raised $42.7 million💸🙌 The funding is led by new investor Pantera Capital, a Menlo Park-based venture capital firm focused on blockchain and cryptocurrency. Azra has 83 employees now and is expected to grow to 100 in the coming months, peaking at 120 employees to support the release of its newest game. Learn more: https://lnkd.in/gVZTrmPX

👏👏 U.S. Small Business Administration recognized the Sacramento and North San Joaquin Valley regions as an innovation cluster for AgriFood technologies, with AgStart leading the way. This milestone brings funding and collaboration opportunities to support agri-foodtech entrepreneurs and emerging businesses, accelerating innovation in one of the nation’s most productive agricultural hubs.🌾 Learn how this cluster will drive economic growth and help bring groundbreaking solutions to market: https://lnkd.in/g3g4Rx4Y 📸 Sacramento Valley

👏👏 Teichert, a GSEC Board Member company, was recognized with the 2024 Sustainable Business Award for Energy Conservation by Business Environmental Resource Center (BERC). This award highlights businesses that are taking the mission to make small changes that will lead to BIG environmentally sustainable impacts.🌍⚡ Way to go, Teichert! Learn more: https://bit.ly/3VIsWzt 📸 Teichert | Sacramento County

#NEWS: Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Bosch USA have signed a non-binding preliminary memorandum of terms to provide up to $225 million in proposed direct funding under the CHIPS and Science Act. The proposed investment would support Bosch’s planned investment of $1.9 billion to transform its manufacturing facility in Roseville, California, for production of silicon carbide (SiC) power semiconductors. https://lnkd.in/ej2ZXy2c

Sacramento ranks #13 among the top college towns in America—and #1 in California! 🎓🎉 This honor highlights our city’s affordability, vibrant social scene and unmatched academic and economic opportunities. Read the full article: https://lnkd.in/eB9dDXT? #CApitalMomentum

Did you catch Barry Broome on Nasdaq #TradeTalks? 😱😱😱 TradeTalks are broadcasted live on nasdaq.com to explore the forces that are shaping global markets— Barry had the remarkable opportunity to share about how Greater Sacramento has become a key player in the #semiconductor supply chain, how we're competing with other emerging tech regions and how Sacramento is supporting the growing semiconductor ecosystem and workforce.🚀 Incredible insight out of our partners who interviewed alongside us as well! Gary S. May from University of California, Davis and Sabya Das from VideoVerse 🙌 Watch it on: YouTube https://lnkd.in/gkXEsCDr X https://lnkd.in/gzWm_RC4 Nasdaq TradeTalks website https://lnkd.in/gmBnUdns