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• Formation of a Regional Marketing Strategy Action Team to define regional <br />assets and outline a strategy and recommend appropriate supporting materials to <br />clearly establish the Tri-Valley as a "Region of Innovation and Entrepreneurship;" <br />this team includes each jurisdiction's Economic Development Director. The <br />strategy will include promotion of the Tri-Valley's unique regional assets such as <br />vibrant downtowns, strong retail offerings, open space and recreational <br />opportunities and well-balanced business communities. <br />• Formation of an Innovators Network Website Action Team to participate in the <br />development of a website that will profile regional innovation companies, their <br />products, services, technical capabilities, and needs. This website will provide an <br />outline of companies in the region and will also be a foundation for an "intelligent <br />matching" of firms with businesses and technology partners, business services, <br />customers, and job seekers. The website template has already been developed <br />and will be formally launched by the end of this fiscal year. <br />• Creation of an Innovators Forum series that will highlight topics of interest to <br />regional innovation executives and provide an opportunity for them to network <br />with other executives, and government and community leaders. Two have <br />already been held and explored opportunities to establish the Tri-Valley region as <br />a center for technology innovation. <br />Pleasanton's allocation of funding to the Business Council will be directed to supporting <br />these three initiatives. <br />This fiscal year, both of the Cities of Livermore and Dublin, as well as the Town of <br />Danville, have given the Business Council the requested $25,000. The City of San <br />Ramon is currently processing the request; its Council will consider the allocation at an <br />upcoming meeting. <br />by: <br />vela Ott <br />actor of Economic <br />Development <br />Fiscal Review: <br />David P. Culver <br />Director of Finance <br />Approved y: <br />Nelson Fialho <br />City Manager <br />Attachments: <br />1. Tri-Valley Innovation Network Highlights report <br />Page 3 of 3 <br />