IBM SmartCamp Global Finals: California Lieutenant Governor Gavin Newsome On Entrepreneurship & Economic Development
The IBM Smart Camp Global Finals finally have come into the final stretch.
Kicking off the afternoon was guest speaker Gavin Newsome, former mayor of San Francisco and now California Lieutenant Governor.
Never mind, cheerleader for the resurgent state of California and Silicon Valley as the global hub of innovation and venture capital.
Newsome opened his comments with a warm welcome to the great state of California, and complimented IBM on its “remarkable capacity to get first round draft choices from around the world,” speaking, of course, of the nine IBM Smart Camp Global Finalists in attendance and anxiously awaiting the announcement of IBM Global Entrepreneur of the Year later this afternoon.
Newsome explained though California has faced some hard times of late, with 11.1% unemployment, the state is still about inviting the “best and the brightest” to “take risks, make mistakes, learn from them, and change the order of things.”
Newsome went to emphasize the importance of education, and joked that “when you [the nine SmartCamp finalists] decide to move out west, all nine of you, you’ll know we’re committed to your talent and growth.”
The lieutenant governor went on to explain California “was always in the future business,” highlighting the state’s open immigration policy and federal/state research partnerships. As Newsome expanded, “California is not just about researching but about commercializing that research. It’s not just about the power of an idea, but rather, about the power of an idea being tested.”
Newsome concluded his remarks with a tip of his hat to the IBM smarter planet initiative, acknowledging that 90+% of the world’s population will soon be living in cities, and that smart technology, driven by smarter entrepreneurs, will be key to addressing those growth challenges and creating a sustainable framework for their rapid expansion.