Technology companies continue to flock to Northern Nevada. In addition to bringing a slate of new jobs to the region, they also are providing an influx of capital that’s reshaping the region’s new economy.
The Economic Development Authority of Western Nevada (EDAWN), dignitaries, community guests and Title Sponsor, Switch, celebrated the success and contributions of existing primary companies in the Greater Reno-Sparks area at the 7th Annual Existing Industry Awards Event held at the Grand Sierra Resort. NCET took home the Community Partner award.
The 13th NCET Small Business Expo will be held on Friday, Sept. 28, 2018 from 10 a.m. to 5 p.m. in the Grand Ballroom of the Atlantis Casino Resort Spa in Reno. Admission is free with a business card. In my time as Nevada’s lieutenant governor, and as a small-business owner myself, I have seen firsthand the positive and meaningful contributions of our small-business community, and I understand the economic development opportunities for our state’s future when these businesses are provided the support to meet their full potential.
The depth of the economic crater Nevada fell into—the state’s unemployment rate hit a staggering 14.5 percent in December 2010—makes its climb back to prosperity nothing short of remarkable. Nevada did much more than simply ride the rising tide of the national recovery. To put it simply, the Silver State reinvented itself.
Nanotechnology could soon help clean up almost all of the dirty water in Northern Nevada, making it safe to drink, Lance Gilman, the partner broker of the Tahoe-Reno Industrial Complex, said this week on “Nevada Newsmakers.”
We recently hosted the largest and most exciting technology conference in the history of Reno-Sparks: the VentureBeat Blueprint conference, an event that looked at ways to expand high tech across the country. In attendance were more than 300 tech executives and government leaders from more than 40 states, many that had never been here before!
New, existing and relocating technology companies are making Nevada home in both metro and rural areas, bringing innovation across the board. So far, specific technology clusters have not developed. Nevada is seeing everything from bioscience to construction and telecommunications to entertainment. “In a lot of cities you have a sector that’s doing well or a place where it’s mostly big companies or all start-ups,” said Dave Archer.
Nevada won’t be the first place to get a working version of Hyperloop One. But the futuristic mode of transportation could still be built in the Silver State at some point, Hyperloop One officials said. The company announced Sept. 14 that it had selected 10 routes worldwide, none in Nevada, that are viable for a working Hyperloop track. The company also announced it had begun a feasibility study on a route in Colorado.
The University of Nevada, Reno on August 2 unveiled development of a new, user-driven, high-performance computing cluster that will boost research capacity and better support the latest research applications such as artificial intelligence, machine learning, robotics, computational biology and neurosciences, bioinformatics and big data.