Mayor Villaraigosa Sets Technology, Innovation Council

In an effort to tap into the growing Los Angeles technology industry, Los Angeles Mayor Antonio Villaraigosa, and 25 of the city's entrepreneurs, venture capitalists, and other executives announced a move on Wednesday to create the Los Angeles Mayor's Council on Innovation and Industry. According to the Mayor's office, the council was created to focus national and worldwide attention on the Los Angeles innovation economy. The mayor said the council will work on developing a "better narrative" to promote the city's emerging growth community, help improve networking between companies in the area, help Los Angeles attract more capital, among other efforts. The council's industry members includes a who's who of local entrepreneurs and others.