STARTUP IE: A NEW ECONOMY
Globalization has increased the quantity of goods imported through the ports of Los Angeles and Long Beach exponentially. In order to adapt to the globalized goods movement, the ports needed an area in close proximity to store and process these goods to be distributed throughout the United States. As a result, the Inland Empire today is home to 97% of all the warehouses in Southern California and the logistics industry is one of the largest employers in the region. This policy brief will analyze the current economic policy of the Inland Empire and the high-tech initiatives that are forming within the interstate 215 corridor. Following the analysis, I will recommend the policy adoption of Startup IE, which will seeks to cultivate local talent and bolster the region's emerging reputation as a dynamic, attractive city for entrepreneurs, innovators, and investors. Through a flourishing culture of entrepreneurship the Inland Empire has the potential to employ thousands of local residents, stimulate investment in local businesses and neighborhoods, and bolster the entire region’s economy.