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    Newsom references B3K in context of California’s push for economic solutions | News – Bakersfield, California

    Bakersfield, California 2021-11-09 20:15:00 –

    Governor Gavin Newsom on Tuesday believes that public and private investment in Khan’s B3K prosperity economic cooperation is the most appropriate way to help move the county away from its economic reliance on oil and gas production. It’s the clearest thing I’ve ever done.

    In a noon chat at the California Economic Summit in Monterey, the Governor highlighted California’s $ 600 million Community Economic Resilience Fund, which consists of 13 regional alliances consisting solely of Khan. He said future grants from the fund are key to the state’s shift from carbon emissions to a more climate-sustainable future.

    He also calls CERF important for bridging the gap between urban and rural areas, as is known, and must integrate labor development strategies rather than being built “top-down”. Said.

    In his comments, Newsome almost named B3K and called it the “Better Bakersfield” initiative, which stands for Better Bakersfield & Boundless Kern, and such public-private partnerships are now a major part of the state’s economic development approach. It states that it is.

    “We want to fund our strategies and plans, but we always want to fund our leaders and our practitioners,” he added.

    Launched in early 2020 with donations from city, county and state taxpayers and funding from philanthropy, B3K attracted a wide range of participants who valued the county’s economic strengths and weaknesses. Next, we devised a five-part strategy focused on creating good jobs in advanced manufacturing, aerospace, business support activities, entrepreneurship, and renewable energy.

    It has not yet been funded by the CERF fund, but a spokeswoman for the governor’s office said it could happen early next year.

    Nick Ortiz, President and Chief Executive Officer of the Greater Bakersfield Chamber of Commerce, attended Monterey for the Governor’s remarks. He said Newsom’s reference to B3K shows how much attention this initiative has received.

    “How important and in mind this work is in trying to get the future economy of Kern County, and where we are going and how to get it right. I think it’s just showing, “he said. Indispensable Kahn has come to achieve California’s goals.

    Marek Gutmann, a senior researcher at the Brookings Institution and a supporter of B3K progress, also attended the Governor’s comments. He interpreted Newsome’s remarks as suggesting that CERF was partially motivated and partially addressed by Khan’s approach to finding economic challenges and solutions.

    Newsom references B3K in context of California’s push for economic solutions | News Source link Newsom references B3K in context of California’s push for economic solutions | News

    The post Newsom references B3K in context of California’s push for economic solutions | News – Bakersfield, California appeared first on Eminetra.

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