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Ventura and Santa Barbara CountyThe 8.7 Billion Export Economy

Ray Bowman Michelle Francisco, Luis Moran

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Investigating of Export in Ventura and Santa Barbara County

Direct Exports of 8.7 Billion in Both Counties• Who are these Exporters?• What products do they export• What countries are they exporting to?

The Impact of Foreign Investment• What are the various types of foreign

investment?

The Role of Tourism and Economic Development• What is the impact of this in both counties?

INVESTIGATING EXPORTS

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Data Sets and Methodology Used

Brookings “Export Nation” Report• County and Metro Export Data Piers Report

• Exporters

• Importers/Exporters

U.S. Census

• Foreign Investment

Cal Chamber

• Foreign Tourism

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Data Sampled over 400 CompaniesIn Both Counties

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Data Sampled over 400 Companies300 in Ventura County

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Data Sampled over 400 CompaniesIn Both Counties SB

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Chemicals

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Ventura County Export Trade Lanes

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Santa Barbara County Trade Lanes

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Foreign Investment

California FDI/Export /Tourism (Billions) Ventura/SB FDI/Export /Tourism (Billions)

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Foreign Investment Landscape

Greenfield Investment =New Venture

M&A = Mergers and Acquisitions

EB 5 = Investment for Visa Privileges

Requirements:

• $500k-1 million investment• 10 jobs created in 2 years• 5 year payback• Foreign investor has on avg 30-50% participation

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TourismTourism = Leisure, Eco, Trade Mission, Foreign Students

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Linkages/ Connections in our Exports

What’s links us:

Biotech/MedicalMilitaryAgricultureAutomotive

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Linkages/ Connections in our Exports

What’s links us:

• Industry clusters• Immigration• Global citizens• Education• Quality of life

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Linkages/ Connections in our Exports

What’s links us:

• Industry clusters• Immigration• Global citizens• Education• Quality of life

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Linkages/ Connections in our Exports

What’s links us:

• Industry clusters• Immigration• Global citizens• Education• Quality of life

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Linkages/ Connections in our Exports

What’s links us:

• Industry clusters• Immigration• Global citizens• Education• Quality of life