Oakland Economy Now -- news from the City of Oakland Vol. 29 April 2017

Oakland Economy NOw Masthead volume 29 April 2017

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Section HEading Oakland Business

Will this Oakland Company Change the Way the World Eats?

IMpossible Burgers

Impossible Foods opened a large-scale production facility in East Oakland last month, and national media salivated over their plans to pump out one million pounds of plant-based meat every month and change the U.S. diet. "Our mission is to reduce the environmental impact of the food system," said Pat Brown, the former Stanford biochemistry professor who founded Impossible Foods in 2011 and serves as CEO. "You can think of this as the birthplace of a whole new industry." Want to be one of the first to try the plant-based Impossible Burger? You can find it at Kronnerburger on Piedmont Avenue. For more information on Oakland’s production and manufacturing facilities, contact Economic Development Specialist Steve Lautze.


Local Startup Wins Big at SXSW; Bay Area Recognizes Oakland Business Leaders

Fox Theater at East Bay Innovation Awards NIght

A big winner at South By Southwest this year was Oakland-based CNote, a women-owned financial startup that brought home a SXSW Accelerator Pitch award from the popular Austin conference last month. At home at the Fox Theater, two Oakland companies were recognized by the East Bay Economic Development Alliance as 2017 East Bay Innovation Award Winners: Catalyst award winner Kapor Center for Social Impact and Information and Communication Technology Award winner Captricity, a Kapor Capital investee. Finally, the San Francisco Business Times recognized two Oaklanders in its 2017 “40 under 40:” Shaun Tai, CEO of Oakland Digital and Billy Parish, CEO of home solar lender Mosaic. For more information, please contact Business Development Manager Aliza Gallo.


Secession Planning: Is a Co-op in Your Future?

Baby Boomer Retirement Graphic

Oakland business service partner Project Equity released a report on upcoming Baby Boomer retirement, finding that 6 out of 10 Bay Area small business owners plan to sell their business in the next decade. Many business owners have a hard time finding a buyer and do not recognize one that is immediately available: their employees. Project Equity supports existing, profitable businesses transitions to employee ownership. Their mission is to scale employee ownership to strengthen the fabric of our local economies and help individuals gain access to business ownership. Project Equity supports the selling owner and the employees to structure the sale, bringing in advisors, resources and financing, and providing support throughout and after the transaction. You can learn more from Project Equity and other business service providers at Oakland Small Business Week, May 1-5. For more information, please contact Economic Development Manager Aliza Gallo


Section Heading PLanning

Mobile Food Vending Expands with New Permit Process

Food Trucks at Lake Merritt

On March 28th, the City Council adopted new regulations that permit mobile food vendors, including food trucks, trailers, carts and bicycles, to locate throughout the commercial and industrial areas of Oakland. Mobile food businesses will now be allowed at more locations, so long as they respect buffer distances from existing businesses and new operational standards. Coming after two years of stakeholder participation and public hearings, the new program will become effective in June 2017. More information is available at the project website or contact Project Manager Devan Reiff at 510-238-3550. 


Section heading civic innovation

Startup in Residence Program Seeks FinTech stars to Boost Financial Empowerment

Startup in Residence program logo

Applications are open for the 2017 Startup in Residence (STIR) program! STIR connects government agencies with startups to develop technology products that address civic challenges. Over 16 weeks, startups and government work together to co-develop a solution that creates real impact. The City of Oakland is participating again this year with a set of civic challenges focused on financial empowerment for Oakland residents and businesses. To learn more about how the program works, watch how startup Binti helped San Francisco’s Human Services Agency improve the foster family placement and approval process. Applications are due April 10. Visit the STIR website for more details and to apply. For more information on startups and civic innovation, contact Marisa Raya



RESOURCES

Opening a Business? Contact us!

Business Assistance Center

Zoning & Permits

Quarterly Economic Dashboard

Minimum Wage & Employment Laws 

KivaZip Oakland

Foreign Trade Zone


NEW BUSINESS HIGHLIGHTS

Aisle 5
Bare Knuckle Pizza
Drip Line
Esscents of Flowers
Level
Pho Vy
PROOF Oakland’s Bottle Shop 
Snagajob
Spinning Dough


UPCOMING EVENTS

First Friday Art Murmur
April 7 @ Multiple Locations

Growing Oakland’s Tech Workforce
April 5 @ Kapor Capital

Using US Census Data to Drive Profits For Your Business
April 11 @ 1000 Broadway

Tech Equity Week
April 20-30 @ Multiple Locations

Tech Equity Collaborative Member Launch Party
April 27@ Kapor Center

Save the Date: Oakland Small Business Week
May 1-5 @ Multiple Locations


OAKLAND IN THE NEWS

Impossible Foods Plans World Domination With Oakland Production Facility
March 22, East Bay Times 

As Uber downshifts on its expansion, Oakland can catch its breath
March 21, Bay City News Service 

Oakland office tower planned on historic site, university tabbed as a tenant
March 20, East Bay Times

Oakland coding school doesn't charge tuition until students land jobs
March 20, SFGate/KQED 

Beyond books: Today’s library is the new community center
March 16, East Bay Times

Mapped: Here's where Oakland's new wave of 20 towers is rising
March 16, San Francisco Business Times

San Jose, Oakland, San Francisco rank among top U.S. office markets
March 16, East Bay Times

First look: Lane Partners proposes two Oakland residential towers a block from Uber
March 13, San Francisco Business Times

How Blue Shield's Oakland headquarters move will save it millions
March 10, San Francisco Business Times

City Council Approves 260-Foot Tower For MacArthur Transit Village
March 9, Hoodline 

A Return to East 14th Street
March, Oakland Magazine

Oakland lands Blue Shield headquarters and 1,200 workers
March 8, East Bay Times

Developer proposes 1,400 micro-units near West Oakland BART
March 3, San Francisco Business Times 

Exclusive: Lennar to start construction on Oakland tower next week
March 3, San Francisco Business Times

The Most Important Role in Oakland You Need to Know About (Planning & Building Director)
March 3, Oakland Conduit

Exclusive: First homes to break ground in Brooklyn Basin, Oakland's new waterfront neighborhood
March 2, San Francisco Business Times

Construction Begins At Hines' Multifamily Oakland Project Next To MacArthur BART
March 1, BisNow

Old Kan Beer & Co. opens Wednesday in West Oakland
Feb 28, San Francisco Chronicle 

Drip Line opens in West Oakland with small batch coffee and Singaporean food
Feb 28, San Francisco Chronicle 

Exclusive: CIM seeks approval for massive Oakland office tower, 447 apartments
Feb 22, San Francisco Business Times


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