Greater Sacramento region attracts clean tech firms with rapid growth and skilled workforce

In a recent government meeting held in Sacramento County, discussions highlighted the ongoing economic growth and attractiveness of California, particularly the Greater Sacramento region, for clean technology and advanced manufacturing sectors. The meeting underscored the state's position as a leading destination for venture capital investment, especially in clean tech, which is increasingly vital for addressing environmental challenges.

California's policy environment, which promotes zero-emission vehicle adoption and renewable energy production, continues to draw businesses focused on innovation and sustainability. The Greater Sacramento area has experienced remarkable growth, expanding nearly 50% faster than the national average over the past decade. This growth rate is approximately four times that of California and the Bay Area, making it an appealing market for various industries, including retail and technology.

Employment trends in the region also reflect this positive trajectory. The area ranks second in the Western United States for employment growth in 2024-2025, outperforming most markets on the West Coast, with the exception of Seattle. This robust job market is expected to attract more companies, as the growing labor force provides a reliable talent pool.

The meeting also touched on the significance of the Metro Airpark, which, while a contributor to employment growth, is part of a broader trend of geographic inclusion in the region. This indicates that growth is not confined to a single area but is widespread across the Greater Sacramento region.

Moreover, the workforce in the area is well-suited for high-tech industries, with a significant proportion of residents holding bachelor's degrees in STEM fields. This educational background aligns with the needs of clean tech companies, which require skilled labor.

Finally, the meeting emphasized the competitive cost of doing business in Greater Sacramento compared to other major cities like Los Angeles, Seattle, and San Francisco. The region offers a favorable balance of quality and affordability, making it an attractive option for businesses looking to establish themselves in California.

As the Greater Sacramento region continues to grow and evolve, the discussions from this meeting reflect a commitment to fostering an environment conducive to innovation and sustainable development, positioning the area as a key player in the clean tech industry.