Friday, November 4, 2011

Daviess Co. the next Silicon Valley?

By Dave Kirk

DAVIESS CO., KY (WFIE) -

Business Insider magazine has put Daviess County on a 20 county list that could be the next Silicon Valley.

Silicon Valley sits in Northern California. It's where Apple computers were born.

"Silicon Valley is really the hub of innovation for the United States," says Madison Silvert of EDC.

What does Owensboro have to do with silicon valley?

Business experts say in the future, Owensboro could be the next Silicon Valley for several reasons.

"They have access to higher education, they have an innovative spirit, they're nice communities, moderately sized. Quality of life is one of those things that you absolutely have to have to be able to attract the talent that is necessary to promote high-tech growth," Silvert says.

Along with lower than average unemployment rates, Hollison Technologies CEO Kevin Humphrey says Owensboro's Center for Business and Research is a big reason why he thinks Owensboro made Business Insider's cut.

"Often entrepreneurs are people with good ideas. May not be um well suited to run their own business yet and need guidance in places and that being available is a wonderful tool."

"We're creating a bio-technology sector here in food and medical in pharmaceuticals specifically plant made pharmaceuticals where you can see some of the advancements that could be made in this kind of high tech environment. The seeds have been planted," Silvert says.

Daviess County was the only county in Kentucky that made business insider's list.