Keep up with the latest developments at the
Irvine Chamber

economic development newsletter

California Leads the Way in Innovation

Friday, April 21, 2017

Policymakers are constantly searching for the source of the jobs of the future, and a crystal ball would certainly help them plan ahead to support...
Optimism Soars for Midsize Businesses

Monday, March 27, 2017

Midsize businesses are a critical component of our economy, providing nearly 40 million jobs and 40 percent of America’s GDP. They are yesterday’s small businesses...
Allergan acquires Irvine-based Chase Pharmaceuticals for $125M

Thursday, December 01, 2016

(Source: Orange County Register)  Allergan has acquired Irvine-based Chase Pharmaceuticals for $125 million, the company announced last week. Chase is a clinical stage company focusing on drugs to combat Alzheimer’s...
Edwards in $340M Mitral Device Deal

Thursday, December 01, 2016

(Source: Orange County Business Journal)   Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and...
Test Market Opportunity in Hong Kong

Thursday, December 01, 2016

California Corner at Yue Hwa HKG Test Market Program California STEP (State Trade Expansion Program), in cooperation with the U.S. Commercial Service and the Yue Hwa Chinese...
Manufacturing can be a pathway to economic development

Friday, October 14, 2016

Manufacturing — Solano County’s answer to economic growth and job development. Such was the implication at Wednesday’s breakfast gathering of the Solano Economic Development Corporation for...
Wound Device Maker gets $5M

Friday, October 14, 2016

Harbor MedTech Inc. in Irvine raised $5 million in equity funding from three investors as part of an unfinished $8.5 million effort, a regulatory filing...
Consultancy Names Interim CEO

Friday, October 14, 2016

Irvine-based Resources Connection, Inc. named Kate Duchene interim chief executive after the unexpected retirement of Tony Cherbak due to health issues. The company released the...
Irvine Lender’s First Marketing Head

Friday, October 14, 2016

Quick Bridge Funding in Irvine named Lisa Reickerd its first marketing director. Quick Bridge provides short-term loans of up to $200,000 to small and midsized businesses. Reickerd...
First Foundation Buys Branches

Friday, October 14, 2016

Irvine-based First Foundation Inc. has agreed to acquire two Pacific Western Bank branches, located in Laguna Hills and Seal Beach. No loans will transfer to First...
119 OC Firms Make Inc. 5000

Friday, August 26, 2016

(Source: Orange County Business Journal) Orange County placed 119 companies on the Inc. 5000 ranking of the fastest-growing U.S. private companies. A dozen of the firms made...
Irvine-based Lantronix Narrows Loss

Wednesday, August 24, 2016

(Source: Orange County Business Journal)  Irvine-based Lantronix Inc. reported lower net losses in its most recent quarter and year; shares rose 15% after-hours Tuesday but declined...
OCTANe’s Accelerator Program Shows its Chops

Monday, August 22, 2016

(Source: MedCity News) Startups have a burning need to raise money; investors want the best possible returns. The trick is connecting these two groups. In Orange...
Electronics Maker Makes Buy

Monday, August 15, 2016

Infinite RF Holdings Inc. in Irvine bought on undisclosed terms L-Com Inc., a maker of custom computer networking equipment in North Andover, Mass. Infinite RF supplies...
OCTANe in Med Device Pact

Friday, August 05, 2016

(Source: Orange County Business Journal) Aliso Viejo-based OCTANe and the Boston-based Massachusetts Medical Device Industry Council will work together to build awareness of emerging med-tech companies...
Venture Captial Investments Rebound in Q2

Thursday, August 04, 2016

(Source: Orange County Business Journal) Venture capital investors plunked down more than $229 million for Orange County high-tech companies in the second quarter, according to a...
Irvine Gets Google Fiber

Tuesday, August 02, 2016

(Orange County Business Journal) Irvine will become the latest U.S. city to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The...
Vizio in $2 Billion Deal

Wednesday, July 27, 2016

(Orange County Business Journal) Irvine-based Vizio Inc. has been acquired for $2 billion by LeEco, a conglomerate based in China. The transaction, expected to close in the...
Edwards Beats Expectations for Q2

Wednesday, July 27, 2016

(Orange County Business Journal) Irvine-based Edwards Lifesciences Corp. surpassed analysts' expectations on second-quarter revenue and profit and hiked its 2016 forecast in a report issued after...
SpaceX Leases Office Space in Irvine

Friday, July 08, 2016

(Source: Daily Breeze) Hawthorne-based SpaceX, Elon Musk’s reusable rocket company, is exploring a new realm as part of its quest to build and launch advanced spacecraft:...
BREXIT: What's It Mean?

Monday, June 27, 2016

By Linda DiMario, Vice President, Irvine Chamber Economic Development & Toursim In an effort to help our businesses understand, manage and mitigate the ripple effects of...
California Economy Third Best In U.S.

Tuesday, June 21, 2016

(California Association for Local Economic Development: Excerpted from Boston Business Journal) California’s economy is the third-best in the country, according to a new report from personal...
JWA Traffic Up 8 Percent in April

Wednesday, June 01, 2016

John Wayne Airport passenger traffic increased about 8% in April compared with the same month last year. It served about 891,000 passengers—up from about 826,000 in...
CoreLogic Names New CFO

Wednesday, April 13, 2016

Irvine-based CoreLogic Inc. said James Balas is its new Chief Financial Officer. Balas was promoted from controller and principal accounting officer and will replace Frank Martell...
Chapman to Start Comm School

Wednesday, April 13, 2016

Chapman University will establish a School of Communication on June 1. The school will be headed by Lisa Sparks, who was appointed inaugural dean by...
Chamber Member Opportunities!

Friday, April 01, 2016

Help a Student Win a Scholarship or Recognize an Irvine/Orange County Company April 15 is more than the traditional tax day. It is also the deadline...
Eureka’s Moment

Monday, March 28, 2016

DEIRDRE NEWMAN - OCBJ  - Entrepreneur Jennifer Bell left a “very toxic relationship” in the middle of a December night in 2014, she said. It was the first...
Freedom to Go to Digital First

Monday, March 21, 2016

MEDIHA DIMARTINO, JERRY SULLIVAN – OCBJ  A bankruptcy judge in Santa Ana this morning approved the sale of Freedom Communications Inc. and its Orange County Register...
Building Engagement for the College of the Future

Monday, March 07, 2016

I've been involved with the Advanced Technology % Education Park (ATEP), a South Orange County Community College District (SOCCD) satellite campus for almost 17 years. The entire process of transitioning part of an aging military base to cilivian.
Career Edge: Tackling the “Soft Skills” Gap

Monday, February 29, 2016

Responding to the expressed needs of our Irvine businesses, the Irvine Chamber, in partnership with University of California Irvine Extension (UCI-EX) and Irvine Valley College (IVC) officially launched Career Edge to help better prepare today’s students for tomorrow’s jobs.
Irvine Mayor Steven S. Choi, Ph.D., Delivers his Fourth State of the City Address

Wednesday, February 10, 2016

Mayor Steven S. Choi, Ph.D., delivered his fourth State of the City Address. Topics included the  688 acres at the Orange County Great Park that are being developed, the strong financial position of the City of Irvine; a robust business economy; a newly formed tech advisory group; and renewed City Council direct financial support of Irvine public schools.
Software Maker Plans to Hire 200

Tuesday, February 02, 2016

Smart Utility Systems today announced plans to add 200 workers this year at its new headquarters in Irvine and an international expansion plan with new offices in Asia.
$3M Grant for CSUF

Monday, January 25, 2016

Cal State Fullerton has been awarded a $3 million grant from the California Institute for Regenerative Medicine to continue its scholar program in stem cell research and regenerative medicine.
Mazda Set To Relocate North American Headquarters in 2017

Monday, January 11, 2016

Effective February, 2017 MNAO will continue its 30-year residency in Irvine, Calif. as it looks to move to an all-new state-of-the-art facility at 200 Spectrum Center Drive, as a result of a 10-year lease announced today.
Tallia Hart Named to Executive Position!

Tuesday, January 05, 2016

Tallia Hart, president and CEO of the Chamber, was selected to serve as vice chair on the executive committee of the Western Association of Chamber Executives (W.A.C.E.) for the 2016 program year and chair of the 2017 W.A.C.E. annual conference to be held in LA.  In addition, Hart was named....
OCTANe Announces Expanded Scope of LaunchPad™ SBDC Program

Thursday, November 05, 2015

OCTANe, the Orange County business development accelerator dedicated to driving technology industry growth and innovation by connecting ideas and people with resources and capital, today announced at its Medical Device & Investor Forum (MDIF) the expansion of its LaunchPad program to further OCTANe-­supported companies’ growth through operational execution.

Thursday, October 06, 2016

JWA Traffic Up 8 Percent in April

Tuesday, May 31, 2016

John Wayne Airport passenger traffic increased about 8% in April compared with the same month last year. It served about 891,000 passengers—up from about 826,000 in...
Irvine's Economic Success Story

Tuesday, May 31, 2016

“Irvine has a healthy economic ecosystem, which is something every city needs in order to continue to thrive,” says Tallia Hart, President and CEO of...