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What’s Inside: Investor Connections; Details on CalSavers June Deadline; DE&I Resources; New Professional Coaching for Members; and more
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Welcome New Bay Area Members
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New US Patent Office Director
On Tuesday, the Senate confirmed Kathi Vidal as the next USPTO director. Vidal was first nominated in October 2021 and the position had been vacant for over a year. She previously served as managing partner of Winston & Strawn’s Silicon Valley Office. We expect her to engage on the Patent Trial and Appeal Board (PTAB), Section 101, and continue her work in diversity and inclusion by increasing the representation of women and minorities in the IP community.
Berkeley City Council Passes Updated Research and Development Definition
On March 22, the City of Berkeley voted to adopt modifications made to the land use zoning definition of Research and Development (R&D) to keep the city competitive with neighboring municipalities. The newly revised definition now includes labs, offices, warehousing, and light manufacturing functions as part of the overall R&D use, making it more reflective of present-day business activities in Berkeley and helping preserve long-term industry stability and growth.
Oakland Considers Business Tax Changes
Council President Nikki Fortunato Bas and Council Member Carroll Fife introduced their progressive corporate tax structure proposal at the March 31 City of Oakland Rules & Legislation Committee meeting. The proposal intends to be placed on the November ballot to generate nearly $40 million in additional revenue for the city by reducing or keeping taxes the same for small and medium-sized businesses and increasing taxes for large companies. The council members’ proposal is up against two other initiatives sponsored by labor and business organizations, both of which are collecting signatures to be placed on the November ballot. To only have one measure on the ballot, Oakland City staff will present a report of the
various proposals to the council on April 28.
San Mateo Seeks Feedback on New Community Climate Action Plan
San Mateo County is finalizing its Community Climate Action Plan (CCAP), a strategic roadmap to prepare for climate risks and create impactful greenhouse gas emission reductions. The county is seeking feedback on the proposal via a brief survey, through email, or by attending the Climate Beneficial Agriculture and Carbon Sequestration on April 14. Learn more and provide feedback for the County of San Mateo Office of Sustainability CCAP today.
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Call for Nonconfidential Decks to Attract Investment Partners
In an effort to assist our member companies to connect with funders and investors, the Biocom California Capital Development Committee is accepting nonconfidential decks that will be reviewed and used to help facilitate connections with investors. Members can submit their nonconfidential decks to receive feedback from our advisors, and to be circulated with our network of funders and investors.
Demy-Colton Biotech CEO Summit
Biotech CEO Summit Napa is a unique peer-to-peer meeting taking place July 11-13 in Napa. The meeting’s focus is on CEOs and the challenges they have leading their companies. The program is modeled after a think tank-style meeting with discussions led by subject-matter experts with input from CEOs in attendance. Learn more about how you can participate.
Director of Capital Development and Partnering Search
Biocom California is hiring a Director of Capital Development and Partnering to take the lead in developing, promoting, and executing on capital development and partnering initiatives statewide. The qualified candidate must have a robust network of global pharma and life science business development professionals, solid track record of building partnerships, and the proven ability to develop and implement programs. Learn more and share with your network.
Providing Meaningful Connections
Biocom California has unique insight into the startup world in California life science, as well as a strong network of investors and funders tapping into our membership. If you are looking to increase your investment opportunities and broaden your network, we invite you to engage with us.
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DE&I Resource Center
The Biocom California Institute DE&I Resource Center is for change agents and leaders committed to moving the life science industry forward in a more inclusive manner that better reflects the decision-making roles in the communities that we serve. These resources aim to complement your existing DE&I initiatives and ultimately accelerate innovations for patients worldwide.
Drive Your Company’s DE&I Strategy with MESH/Diversity
MESH/Diversity has put together a program for Biocom California members to help implement diversity and inclusion in the workplace. The MESH Diversity Intelligence program provides a way to measure your company culture in real-time, with metrics that explore areas of safety, belonging, and inclusion. Members can receive a free copy of the eBook "Why D&I Conversations Don’t Work" and access to live training sessions with insights for bringing positive change to your organization. Learn more about Biocom California + MESH/Diversity on April 12 – more details to follow.
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CalSavers Retirement Plan Mandate due June 30, 2022
The CalSavers Retirement Savings Program is a state-mandated retirement plan for employers who don’t currently offer one, and companies with at least five employees over the age of 18 and that have at least one employee working in California are subject to sign up. Let RetirementDNA help you navigate your options before the deadline this summer: the final compliance date for companies with five to 49 employees is June 30, 2022. Learn more about CalSavers and how RDNA can help to explore additional options.
Introducing LeggUp Professional Coaching
Join us to learn more about our newest endorsed supplier, LeggUP. Their Talent Insurance program offers professional coaching and preventative mental health solutions as an employee benefit and is available to member companies at an exclusive discount. Learn More.
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Biocom California | Bay Area
Biocom California is the largest, most experienced leader and advocate for California’s life science sector. Our South San Francisco office aims to build the networks that are critical to growth in this thriving regional ecosystem. Our targeted programs and customized services are tailored to the specific needs of the Bay Area region. We work on behalf of more than {{{dynamic_content_1600}}} members to drive public policy, build an enviable network of industry leaders, create access to capital, introduce cutting-edge STEM education programs, and create robust value-driven purchasing programs.
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