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The challenge now is to sustain and build on this initial success. This new reality raises the stakes for the region's <br />public, private, and other community leadership. A new level of responsibility does not equate to a higher level of <br />local government funding or more programs during a time of fiscal distress; rather, it means a new level of <br />regional collaboration <br />11. A CLEAR MESSAGE: What Tri-Valley's Innovative, Entrepreneurial Firms Say <br />They Need To Be Successful <br />• These firms expect to grow and serve outside markets <br />• Talent and quality of life are the most important factors in starting a company in the Tri-Valley <br />FIGURE II-I: Most Important Factors in Starting a Company in the Tri-Valley Region <br /> <br />Quality of life .~. ~. <br />82% ~ <br />13% <br />6% <br />Availability of talented workforce 79% $% 13% <br />Good roads & public transit 71% 26% 3% <br />Ability to live in Tri-Valley 57% 23% 20% <br />Affordable facility services $7% 27% 16% <br />Quality educational resources 44% 28% 27% <br />Availability of support services (suppliers, <br />legal services, CPAs) <br />44% <br />34% <br />21 <br />Efficient government services (licenses, <br />ermits 36% 37% 26% <br />Availability of start-up funding 34% 24% 42% <br />Presence of similar companies in area 25% 18% 56% <br />Source: 2006 Tri-Valley Online Survey <br />Expensive residential real estate is the most commonly mentioned obstacle when starting up a company in the <br />region <br />7 <br />