City of Livermore is an Economic Development Agency based in Livermore, California, United States. Established in 1869, Livermore is California's oldest wine region, framed by award-winning wineries, farmlands, and ranches that mirror the valley's western heritage. The Office of Innovation and Economic Development develops and implements programs to achieve City Council goals related to fostering a vibrant, innovation-driven business community. The assets are managed by an executive management team.The city of Livermore's investment portfolio is valued at $376.33 million, with investments in private equity, fixed income, real estate and cash.