Irvine became a natural choice for our company. Irvine is the home of the medical device industry and HQ to global successes such as Masimo and Edwards Lifesciences. Being based

in Irvine has enabled us to attract some of the brightest talent in our sector to our company. It is a real growth area for young and experienced engineers of all descriptions. In addition, Irvine is home to some of the best med tech manufacturers.

Since opening here we have forged great partnerships with a number of companies both in R&D and manufacturing. John Wayne Airport makes commuting to the East Coast straight forward and with easy access to the highways, Irvine is a great place to commute in and out of. Surrounded by Newport Beach and Laguna Beach it is a great place to live, shop and build a life."

- Michael Seres, CEO - 11 Health & Technologies Inc.

WHERE IN THE WORLD

DO YOU WANT TO INVEST?

CALIFORNIA IS THE NUMBER ONE STATE

FOR FDI IN THE UNITED STATES- Global Trade Magazine

IRVINE: ONE OF THE TOP TEN CITIES WITH A GLOBAL VIBE

- Global Trade Magazine

Greater Irvine Chamber of Commerce36 Executive Park, Suite 100 • Irvine, CA 92614

P: 949-660-9112 • F: 949-660-0829Email: icc@irvinechamber.com

www.greaterirvinechamber.comwww.irvinechambereconomicdevelopment.com

www.destinationirvine.com

Contact: Linda DiMario: ldimario@irvinechamber.com

Diana Le: dle@irvinechamber.com

Our business community makes us stronger. Our Chamber members connect us. Our public/private partnerships empower us. Our diversity energizes us. Our quality of life inspires us. Our commitment to innovation in all things distinguishes us. And helping you grow your business motivates us!

We are your gateway resource to Irvine/Orange County. That’s why we help businesses connect with people, resources and capital. That’s why we help you explore new markets for exporting. That’s why we encourage and support startups. That’s why we advocate for business interests. And that's why we help companies establish or expand their businesses here with robust FDI resources.

WHY IRVINE, CALIFORNIA?Irvine was master planned to be an economic powerhouse and it does not disappoint. It remains the address of choice for Fortune 500 companies and startups in cutting-edge industry sectors like life sciences, advanced manufacturing, information technology and digital arts and media. With its well-deserved reputation as “Safest City in America,“ its strategic location, its ability to attract and retain talent, its high educational attainment, its enviable quality of life and its rich cultural diversity, Irvine’s global economy makes an impression here and around the world.

CALIFORNIA STRONGCalifornia is the innovation hub of the planet because it has a very strong background and future in technology and innovation and resources, resources, resources.

CALIFORNIA INCENTIVESIRVINE/ORANGE COUNTY INCENTIVES

FOREIGN DIRECT INVESTMENT (FDI)

IN IRVINE

4% Middle East

2% Southeast Asia

5% Oceania

7% Canada/ Mexico

51%East Asia 30%

Europe

1% South Asia

<1% South Africa

Cultural Diversity:

White 45.1% Asian 39.2% Hispanic 9.2% Black 6.2%

CULTURAL DIVERSITY

White Asian Hispanic Black

Other

39.8%

2.8%4.6%

7.5%

45.3%

12TH CONSECUTIVE YEAR:

SAFEST CITY IN AMERICA(population over 100,000) - Federal Bureau of Investigation (FBI)

IRVINE, CALIFORNIA WAS MASTER PLANNED TO BE AN

ECONOMIC POWERHOUSE

▶ Strategic Location – at the center of Southern California’s innovation evolution, leveraging Los Angeles and San Diego metro areas for talent, capital and collaboration.

▶ Life Science Cluster Strength – 50% of Orange County’s life science companies are located in Irvine and within thirty minutes of the others.

▶ Cutting Edge R &D – University of California, Irvine and fifteen other colleges.

▶ Startup Now OC! – energetic, collaborative start up eco-system and launch pads specializing in medical device, ophthalmology and biotech.

▶ “Business-Growing” Logistics:• #1 and #2 ports in the United States - Port of Los Angeles, Port of Long Beach• Crossroads of major north/south, east/west freeway intersections• Three airports – John Wayne Airport, LAX and Long Beach • Full range of logistics, supply chain and professional service support system

▶ Market Proximity – easily access US, Canada, Mexico and Asian market customers.

▶ Work-Ready Talent – abundant, highly educated workforce and attractor of top talent.

▶ Diversity – Irvine attracts the best and the brightest from around the world.

▶ Quality of Life – Safest City in America – 12th consecutive year.

▶ Cost of business (leasing, goods & services, labor, housing) is 50% LESS than Silicon Valley, at least 15% less than Boston or San Diego!

▶ California Competes Tax Credit – income tax credit available for businesses who want to come, stay and grow in California.

▶ Manufacturing + Sales & Use Tax Exemption for manufacturing R & D, Biotech manufacturing equipment, biotech R&D and associated tenant improvements.

▶ California Infrastructure and Economic Development Banks Export Financing Program

▶ Investor VISA programs

▶ California Centers for International Trade Development (CITD) – Import, export and foreign investor assistance.

▶ U.S. Commercial Service – export and FDI investment assistance.

▶ Small Business Administration and Small Business Development Centers – access to capital and export assistance.

▶ California’s Innovation HUB Program – California is home to the largest innovation network in the country. Sixteen innovation HUBs stimulate partnerships, innovation, R & D and investment.

▶ California State Trade Expansion Program (STEP) – helping companies begin to export or expand exporting into new markets.

▶ Foreign Trade Zones - Foreign trade zones promote trade and commerce by eliminating or reducing the unintended costs or obstacles associated with U.S. trade laws.

860 Agriculture, Forestry, Fishing & Hunting, Mining

Workforce/Industries – Employment Number of people working in Irvine: 206,780Number of companies in Irvine: Over 15,000 (23,000 business licenses)

69,104 Professional, Scientific, Management, Administrative, Information & Waste Mgmt. Services31,615 Manufacturing

18,431 Wholesale Trade

9,845 Retail Trade

29,401 Finance & Insurance, Real Estate Rental & Leasing

18,653 Arts, Entertainment, Recreation, Hospitality

6,627 Construction

27,581 Educational Services, Health Care, Social Assistance, Public Administration

9,628 Other Services (except Public Administration)

3,466 Transportation & Warehousing, Utilities3.0%Unemployment in Irvine

#6 LARGEST ECONOMY IN THE WORLD

BIGGEST ECONOMY IN THE UNITED STATES

AMONG THE TOP TEN STATES CREATING JOBS

LARGEST MANUFACTURING OUTPUT IN THE U.S.

ALMOST 50% OF ALL VENTURE CAPITAL

INVESTMENT IN THE U.S. IS MADE IN CALIFORNIA!

most popular destination in California for IT

3rdmost popular destination for life sciences in California

California ranks as the most popular

destination for IT in the United States and #2 most popular for life sciences

Educational Attainment 97%HIGH SCHOOL GRADUATION BACHELOR'S DEGREE OR MORE 69.1%LA/OC GRADUATES MORE ENGINEERS THAN ANY OTHER US METRO AREA.

LOS ANGELES

SAND IEGO

IRVINE/ ORANGE COUNTY