San Jose, often called the capital of Silicon Valley, mirrors the high-tech companies it hosts in trying new and promising strategies for investment. The City has begun investing in local companies to help them grow and provide benefits to citizens. The New York Times reports, :

"San Jose, the largest city in Northern California, recently invested $350,000 in a local company, Bentek Manufacturing, to help it grow and provide good pay and benefits for its 120 employees.

"San Jose's investment was part of a $3 million financing that includes participation by Pacific Community Ventures, an organization that invests pension and other institutional funds in companies that employ minority workers or provide work in low-income neighborhoods.

"San Jose's four-month-old Economic Development Catalyst Fund also joined Pacific Community Ventures in an investment in Mercados Suvianda, a new company that employs 200 workers at two supermarkets in San Jose and plans expansion."

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