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Irvine staff and Chamber lay out 5-year plan to grow an innovation economy; forecasts 23,000 jobs locally in target sectors

5110911 · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff and the Greater Irvine Chamber presented research forecasting growth in enabling/creative technologies, healthcare innovation and decarbonization, and outlined five "levers" including access to capital, sites and regulatory streamlining to boost startups and R&D.

City staff and the Greater Irvine Chamber presented a research-backed framework Jan. 28 aimed at growing an innovation-driven economy in Irvine, with consultants forecasting as many as 23,000 new jobs in enabling and creative technologies over the next five years and another several thousand in healthcare innovation.

The presentation summarized work by BW Research and a local consultant team that identified four target sectors — enabling and creative technologies (including AI, software and gaming), healthcare innovation and medtech,…

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