Realtime Valley

Silicon Valley – your connection to the mother of tech

Silicon Valley is renowned for being the epicenter of innovation and technology – it is the birthplace of the Big Four (Google, Apple, Facebook, Amazon), home to prestigious teaching and research institutions (Stanford, UC Berkeley and UCSF), and has a strong startup ecosystem. The dynamic entrepreneurial spirit in Silicon Valley embraces collaboration and risk-taking which has enabled groundbreaking business models to emerge, shaping our world and our everyday lives.

#1 Innovation Hub

Three factors make Silicon Valley the number one innovation hub: venture capital, innovation and research & development (R&D) centers, and market disruption. In 2019, startups in the region have attracted 44% of new funding out of the entire USA ($45.9 billion). While most of the tech giants (Google, Uber, Airbnb) have established their headquarters in Silicon Valley, other Fortune 500 companies, such as Boeing’s HorizonX, have strategically decided to place their innovation and R&D labs here. It is also home to the most concentrated number of unicorns – startups valued at over 1 billion, with a total of 88 in the region.

Switzerland’s Innovation Outpost in Silicon Valley

swissnex San Francisco is the Swiss innovation outpost located on the West Coast of North America. swissnex SF, initiated in 2003, connects people and ideas from Switzerland and North America. They work with academics, artists, startups, and corporates by co-creating opportunities for interdisciplinary encounters through events, programs and various activities, and by scouting new trends out of the region. For details on how to get involved with swissnex San Francisco, visit their website: swissnexsf.org

In our next article Gioia Deucher, CEO swissnex SF, tells us what Swiss entrepreneurs can learn from Silicon Valley’s most successful startups. We look forward to building the “tech gate” with you.

 

Written by Sarah Chapatte, Communications Manager, swissnex San Francisco

About the author

swissnex San Francisco

swissnex San Francisco is an initiative of Switzerland’s State Secretariat for Education, Research, and Innovation (SERI), managed in cooperation with the Department of Foreign Affairs as an annex of the Consulate General of Switzerland in San Francisco.

A public-private venture, we are part of a network of outposts in Bangalore, Boston, Brazil, and Shanghai. Along with individual science and technology counselors around the world, we work on behalf of Switzerland to expand education, research, and innovation. Vital financial support is provided by donors and sponsors sharing swissnex San Francisco’s commitment to connecting the dots.

swissnex San Francisco is a space, a service, and a platform for the exchange of knowledge and ideas in science, education, art, and innovation. Through our public events and study tours, we highlight the best of Swiss and North American ingenuity and create opportunities for networking among our diverse group of professional contacts in the San Francisco Bay Area, Silicon Valley, and beyond. We offer workspace in the heart of downtown San Francisco and the resources to help international guests, start-ups, university outposts, entrepreneurs-in-residence, and other visitors succeed.