San Jose is focusing its economic strategy on start-ups.
According to EDPro Paul Krutko, the city's economic development director:
"We are interested in growing companies from their birth to where they are world-class companies. We want to capture them in an early phase -- the growth phase of 10 to 100 employees. We want that to happen here."
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Today in our history of innovation...
In 1896, the first long-distance transmission of hydroelectricity from the Niagara Falls Power Company flowed to Buffalo, N.Y., 26 miles away.