Business Climate

   The secret behind Orange County's ongoing economic expansion may be its notable diversity of businesses. Not many small areas can lay claim to a thriving high-tech sector as well as an entire small city driven by artistic success. Beyond art sales, retail commerce in general is also very strong in Orange County, home to some of the nation's busiest shopping centers. Filmmaking has also long been a part of business growth here.

   Private startup funding also plays a key role in Orange County business, which helps alleviate some of the traditional dependency new enterprises often have on economic trends. The region is home to the largest "angel network" of investors in the U.S., The Tech Coast Angels, whose 270 members provide strategic advice, connections to customers, management, and venture capital to select startups. The Tech Coast Angels have spent more than $65 million on Southern California startups, and have helped attract upwards of $650 million in additional capital.

   State of the art medical research facilities at the University of California-Irvine have also helped foster new and innovative business in Orange County, ensuring it will remain on the cutting edge for years to come.

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