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What’s Inside: Update on Bay Area Tax Reform; Nominate Rising Stars in Life Science for Our Catalyst Awards; Bay Area Events; and more.
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Find the latest news and information impacting the Bay Area life science industry. If you have company news you’d like to share, please get in touch.
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Welcome New Bay Area Members
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News from Biocom California
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Nominate Up-and-Coming Leaders in Life Science
Nominations are open for the ninth annual Biocom California Life Science Catalyst Awards. These awards showcase rising stars under 40 years old who are making significant contributions to the life science sector in California through research, discovery and entrepreneurship, with a commitment to fostering diversity, equity and inclusion within the industry. Nominate a catalyst for this year’s awards by September 5, 2024.
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An Update to Bay Area Tax Reform
Biocom California is closely monitoring the cities in the Bay Area that are seeking to increase tax rates in response to budget shortfalls. Redwood City residents will vote on a new business tax license that proposes a per-employee rate between $10 and $250, potentially generating $7.7 million. Foster City voters will decide on a tax increase ranging from 75 cents to $3 per $1,000 in gross receipts, projected to raise an additional $1.4 million annually. South San Francisco aims to update its business license tax to more than double the current $2.3 million revenue, with proposed changes including removing the current tax cap.
San Francisco Maintains Urban Mixed-Use Zoning Allowances
The San Francisco Planning Commission voted 4-3 on August 1 to disapprove legislation that would have restricted laboratory use in urban mixed-use zoning districts. The San Francisco Office of Economic Workforce & Development joined our Bay Area Policy Committee on July 30 to address members’ concerns and answer questions about the proposed restrictions. Biocom California gave public comment in support of the disapproval.
In Other News:
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Capital Development & Partnering
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Join Us for a Partner Day Plenary Session with Eli Lilly in San Diego
We invite you to visit San Diego on August 20 to participate in a public plenary session that will feature a panel discussion and networking reception with Eli Lilly and Company. Multiple business units from Eli Lilly, including Lilly Ventures, are looking to connect with companies, research organizations and industry leaders whose programs and technologies complement Eli Lilly’s pipeline and capabilities. Register here to attend.
Upcoming C-Suite Events
September 26 | CEO/Founders Network | Brisbane
October 25 | CEO Summit | Sonoma
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Transform Your Career with ‘From the Laboratory to Leadership’ Programs
Whether you’re a first-time manager or seeking to expand your management skills, The Leadership Edge invites you to join the From the Laboratory to Leadership program and become your best professional self. Built from over 30 years of success with 7,500 graduates from 1,000 life science companies, the Bay Area and virtual programs will transform you into a capable business leader. Don’t miss this opportunity and secure your spot today. Register here for the hybrid Bay Area program. Register here for the virtual program.
Discover Volunteer Opportunities to Make a Lasting Impact in 2025
Are you an accomplished life science professional looking to give back to the community? Biocom California Institute’s Life Science Fellowship Programs are seeking mentors and volunteers who are willing to share their knowledge and experience with those aspiring to enter the sector. We are looking for experts from all subsectors and occupations within the industry to guide and inspire the next generation of talent. Your contribution can make a significant impact on their career journey. Join us on October 1 at 12 p.m. to learn how you can foster innovation and excellence in our community. Register here.
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How Do Your Health Benefits Compare?
Enrollment season is quickly approaching and Biocom California is proud to highlight two unique plans available to our members: Beyond Benefits and FUSE Life Science. Both are specific to the life science industry; providing rich employee benefits and many value-add services as a platinum-level program with Anthem. To learn more about which program would be best for your team, reach out to your account manager, and RSVP to attend our HR benefits webinar.
Get Support for Your New Facility Construction
Fisher Scientific is equipped to help you expand or construct your new facility. By serving as your one convenient point of contact, their team can help you find the products you need, simplify your processes and aggregate suppliers while supporting regulatory requirements. Specialties include controlled environment modular cleanrooms and both financial and procurement services.
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Biocom California | Bay Area
Biocom California is the 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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