Establishing a Hub for Cleantech Innovation and Job Creation

submission by LACIncubator

Organization Name

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LA Cleantech Incubator / Clean Tech LA

Website

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http://laincubator.org

Indicator

Please select the one indicator that is most relevant to your project or organization: Income & Employment

What is your idea and how will it impact your indicator?

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- Establish a Hub for Cleantech Innovation and Job Creation: We are revitalizing a blighted area of Los Angeles by creating new companies – and therefore thousands of jobs across the economic spectrum – in the fastest growing business sector on the globe. The nonprofit LA Cleantech Incubator has launched 14 new companies in just the last 18 months, creating over 75 direct jobs & millions of dollars in job opportunities for electricians, maintenance technicians, engineers, fabricators, plumbers, construction workers, office workers, executives, manufacturing workers, & more. When the La Kretz Innovation Campus opens less than a year from today, we will have capacity to serve substantially more companies at various stages of growth, as well as a more robust workforce development capability – & this is just the beginning.


- Create a Roadmap for Revitalizing the Downtown Industrial District: Our goal is to transform what was once LA’s industrial core into a vibrant, growing Cleantech Corridor, thus creating a long-lasting economy & sustainable, family-supporting jobs for Angelinos. This project enlists a strong group of partners in economic development, policy, planning, architecture, higher education, local political & community leadership, as well as business leaders & entrepreneurs. Together, we will build on our assets to create, demonstrate, & promote a new Cleantech Corridor Roadmap that will serve as an action-plan for building this regional hub.


- Seize the Cleantech Opportunity: Cleantech innovation is critically important to the United States, & to Los Angeles in particular. The sector is massive and growing at a tremendous rate. The global market volume of the cleantech sector today is $2.7 Trillion per year, and it is projected to double by 2025. Mirroring global trends, renewable energy is the fastest growing sector in the US economy, growing 49% between 2007 and 2011.


Along with this enormous new market opportunity come opportunities for creating well-paying, sustainable and diverse jobs. Nationwide, cleantech jobs pay 13% more than jobs outside the sector, and 26% of all cleantech jobs lie in manufacturing as compared to only 9% of jobs in the economy as a whole. These jobs are higher paying and growing at 10 times the rate of non-green jobs. Los Angeles is already the second largest green economy in the US, but important as cleantech is to LA’s economy today, it will be orders of magnitude more important in the decades to come as the world rebuilds its transportation & energy infrastructure.


Alongside these promising statistics, it is important to note another widely acknowledged fact: creating new companies is the best way to create new jobs. For example, during the last three decades all net new jobs created in the United States – 44million – have come from companies less than five years old. The Kaufman Foundation did an important study about economic growth & found that new companies create an average of three million new jobs every year in the US while existing companies lose one million jobs. This is why we focus on new company creation.


- Build a Cleantech Corridor: The next step is the creation of a hub for this burgeoning industry in Los Angeles. Encompassing a 4-mile stretch of land straddling the LA river from Union Station to Washington Blvd., from the Arts District to Boyle Heights, the Cleantech Corridor is that hub. We think of it as an Arts and Innovation District on the banks of the LA River.


- Our Action Plan: Over the seven-month period of this grant, LACI/CTLA will work with our partners and collaborators to produce an interactive roadmap that will demonstrate how current constraints, including existing policies, infrastructure, programs, etc. can be adapted to transform a blighted neighborhood in downtown Los Angeles into a thriving new industrial powerhouse that will serve as a hub for the region’s clean economy.


Semester-long, multidisciplinary studios will be conducted at USC’s public policy and architecture schools, as well as SCI-Arc. We will examine issues and opportunities and how these manifest in terms of buildings, infrastructure, and the way we interact. Most importantly, we will explore how this profound growth of new companies will change the picture in terms of number of jobs, job density, and wages accross the economic spectrum.


The result will be a critical examination of the current policy environment, leading to an action plan for the City, and an interactive visual representation of how these exciting projects will be integrated into the community. All findings will be published, and presented for review and comment.


We will do all of this while expanding the LA Cleantech Incubator and Clean Tech Los Angeles, building the La Kretz Innovation Campus, supporting development of the Cleantech Manufacturing Center, and creating real, family supporting jobs every day.

What are some of your organization’s most important achievements to date?

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CTLA: Created by the Mayor in 2009, CTLA is partnership of the region’s most important institutions dedicated to making Los Angles a huge green economy. Today, LA is the second largest green economy in the US, is the largest market for EVs and solar in the country, has more cleantech startups than any other region in the country, and is leading the way in renewable energy generation.

LACI: In just 18 short months, LACI has created a vibrant cleantech innovation ecosystem that has spawned 14 new cleantech companies, attracted partnerships with industry/academia, and finalized the funding and planning for the $40M La Kretz Innovation Campus in the Cleantech Corridor.

Please identify any partners or collaborators who will work with you on this project.

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City of Los Angeles: Mayor’s Office and Several City Council Offices, LADWP, MWD, USC, SCI-Arc, UCLA, Caltech, CSUN, 350 Green, 360 Power Group, 4sphere, California Lithium Battery, Hive Lighting, Chai Energy, Gridtest Systems, Magnovate Technologies, B.I.O.Tecture, Open Neighborhoods, Skyline Innovations, Somatis Technologies, E-Waste Systems Inc., DB New Energy, Greneker, Trammel Crow, GT Law, Gibson Dunn, The Broad Foundations, Central City East Association, California Center for Sustainable Energy, Los Angeles Area Chamber of Commerce, Los Angeles Business Council, Los Angeles County Economic Development Corporation, Pacific Asian Consortium in Employment, Wells Fargo Foundation

Please explain how you will evaluate your project. How will you measure success?

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The most important metrics all relate to jobs. We will need to ask the following questions: How many direct jobs have been created? How many indirect jobs? How sustainable are these jobs? Are they paying family-supporting wages? Are these truly “new” jobs, or are jobs being moved from one place to another?

There are also enabling indicators. How many companies have been created? How much capital has been infused into these companies? How diverse and broad is our team of collaborators? Have we effectively engaged all of the stakeholders in the process? Are current projects coming online on time? Are other recommendations being implemented? Is our report and interactive app being utilized? Etc.

How will your project benefit Los Angeles? Please be specific.

We will build new companies, that create new jobs, thereby revitalizing downtown Los Angeles’ industrial core.

Broadly, we will bring back the industrial core of downtown Los Angeles by rebuilding it into the cleantech innovation and commercialization center of the region. As a result, this area will once again provide family-supporting jobs for Boyle Heights, Lincoln Heights, East Los Angeles, Central and South Los Angeles, and beyond.

In the next 4 years alone just one of the envisioned projects of the Roadmap – the Los Angeles Cleantech Incubator’s La Kretz Innovation Campus—will generate over 1700 jobs from companies who pay $45M per year in salaries and wages and generate more than $85M per year in sales.

We will create a new industrial powerhouse dedicated to clean technologies and sustainable jobs. We fully expect that by 2050, the LA Arts and Innovation District on the banks of the Los Angeles River will be the leading cleantech innovation and commercialization hub in the world.

What would success look like in the year 2050 regarding your indicator?

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In 2050, Los Angeles will be as iconic for clean technology as Silicon Valley is for hi-tech. We will be world-renown as a model for harnessing regional strengths to drive innovation, employment, sustainability, and livability in our diverse neighborhoods. We will be home to world’s largest cluster of cleantech companies, and with that, the largest population of workers in green jobs. The people who work these jobs will be well paid, highly respected, and proud to be building solutions to the worlds most pressing environmental, energy, water, and sustainability related challenges.

Discussion
30 Pink-talk-bubble-tail

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This is a vision, and a team, and a place well worth investing in. Spread the word and let's make it happen!

by Bill Allen
over 1 year ago | Reply

Bill, that means a lot coming from you. We're proud to be partners with LAEDC in creating jobs for LA!

by LACIncubator
over 1 year ago | Reply

Way to go, LACI. Happy to see Jon from Hive Lighting in the vid!

by jlebedev
over 1 year ago | Reply

We love Hive too! :)

by LACIncubator
over 1 year ago | Reply

This is all very exciting! I am so proud to live in a city that is committed to building a system of sustainability for years to come. Los Angeles will be here to support you and the amazing companies you are endorsing. Let

by marissajoyce.9
over 1 year ago | Reply

Thanks marissajoyce.9!

by LACIncubator
over 1 year ago | Reply

I'm not convinced about this group. I have been to several of their events and GTG's...a few via LA GREEN DRINKS...and all I see is a money collector event...nothing more. Very little in the way of getting involved in terms of personnel opportunities or direct hire.

Better things to vote in IMO.

Good luck!

by noz
over 1 year ago | Reply

Hi noz, Just to be clear, LACI has never collected money for attendance at any of our past events. We did let Green Drinks host an event here last year, but we were not paid by them, or by any of the attendees. We have made our offices available numerous times to various projects and groups in order to expand our network, to meet and interact, and to learn. Since we launched in October of 2011, just 18 short months ago, we have helped launch 15 cleantech startups who have created over 75 direct jobs (and counting), as well as millions of dollars in job opportunities for contractors, maintenance techs, plumbers, engineers, marketing people, and more. We have also launched an internship program that has resulted in an over 70% placement rate for participants to date. Last year alone, LACI held over 24 events, mostly "classroom" events on topics such as corporate structure, communication, media, intelectual property, government procurement programs, etc. where we educated entrepreneurs within, and outside of our portfolio company program, and "roundtables" where we helped connect cleantech entrepreneurs to government, capital, and potential partners and customers. I'm not sure by your comment what kind of program you are looking for, but if you contact us we would be happy to be helpful.

by LACIncubator
over 1 year ago | Reply

We're excited to see the difference that LACI will make in the coming years. I can't imagine all the new developments that will come out of clean technology between now and 2050!

by lolosiderman
over 1 year ago | Reply

We're looking forward to your progress and watching LA's Cleantech Corridor develop! Your work is changing our city and our future!

by lolosiderman
over 1 year ago | Reply

We

by lolosiderman
over 1 year ago | Reply

We are transforming the eastern part of downtown LA and this project will provide us with a well-thought out, multidimensional plan for the next ten years.

by fwalti
over 1 year ago | Reply

Having just moved to LA 7 months ago, I can say that the energy and dedication buzzing around LACI/CTLA is so strong that it's almost immediately palpable to anyone who's paying attention. And people, if the video and text above doesn't convince you that cleantech is worth paying attention to (and that LA is the best place to do it), I'm not sure what will. I think in 2050 when we look back at the development of this city, cleantech and it's hub at LACI/CTLA will its defining feature. Keep up the GOOD work!

by stephenmcollins
over 1 year ago | Reply

Thanks Stephen! Well said.

by LACIncubator
over 1 year ago | Reply

Thanks Yves!

by LACIncubator
over 1 year ago | Reply

Thanks iGmail!

by LACIncubator
over 1 year ago | Reply

Thanks JoAnne!

by LACIncubator
over 1 year ago | Reply

Thanks Mark!

by LACIncubator
over 1 year ago | Reply

Awesome video! Good luck!!

by mark.p.sargeant
over 1 year ago | Reply

Let's make this a reality! Go LACI!

by joannemgolden
over 1 year ago | Reply

There is a clear vision, lets do it a reality!
LACI has been very supportive and I think any cleantech company could benefit from this environment. This is also a sector where physical concentration of companies in same location or area can be very beneficial to facilitate interaction between ideas, R&D, marketing, financing and fabrication...

by yves.lefay1
over 1 year ago | Reply

Go LACI!

by igmail
over 1 year ago | Reply

Don't forget to confirm your vote by clinking on the link in your email. And thanks!

by LACIncubator
over 1 year ago | Reply

Looks like voting has started!

by LACIncubator
over 1 year ago | Reply

Looks like voting has started!

by LACIncubator
over 1 year ago | Reply

Looks like voting has started!

by LACIncubator
over 1 year ago | Reply

We can't wait for voting to start!

by LACIncubator
over 1 year ago | Reply

LACI has been an invaluable resource for us, and I know they can do the same for other clean-tech companies. Out of curiosity can you also measure the jobs you create outside of the clean-tech sector, for example many of our suppliers are beyond the "clean-tech" category but are benefiting from the LACI mission?

by HiveLighting
over 1 year ago | Reply

That's a great question, and the answer is YES! The companies that broadly fit under the "clean tech" umbrella create direct jobs. And there are a ton of indirect jobs created, through suppliers and service providers that help these companies succeed. Whether its building products, workforce training, graphic design, legal and accounting services, food or laundry... more companies in a concentrated area spur demand for the full gamut of jobs that aren't necessarily "clean tech." This is really about community building.

by NealA
over 1 year ago | Reply

This is a key vision for downtown LA and the region. There is already great momentum through Cleantech LA and LACI, bringing a host of good paying jobs in new companies that are making the world and our city a better place.

by NealA
over 1 year ago | Reply

Pink-ribbon-award-box-icon
Award_topvotedidea
$1,000,000 in total grants
Circle-1-inactive Step1-title-submission-inactive

Submission Began
Tuesday, February 26

Submission Ended
Thursday, March 28
at 12:00 PM PDT

Circle-2-inactive Step2-title-voting-inactive

Voting Began
Tuesday, April 02

Voting Ended
Wednesday, April 17
at 12:00 PM PDT

Circle-3 Step3-title
Homeboy Industries: Hope Has An Address
Homeboy Industries: Hope Has An Address

Winner Announced
Wednesday, May 08

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