|U.S. Commerce Dept. awards $500,000 to Cal State LA, Biocom Institute and Los Angeles Cleantech Incubator for LABioStart boot camp|
|By PR Newswire: Biotechnology|
|Thursday, 09 February 2017 05:00|
In addition to its boot camp, LABioStart, in collaboration with a long list of additional partners, will host a series of innovation showcases and bioscience networking events for regional entrepreneurs, experts, investors and other stakeholders to strengthen the bioscience innovation and collaboration ecosystem in greater Los Angeles. Additional partners include: the County of Los Angeles, the City of Los Angeles, LA BioMed, the Pasadena Bioscience Collaborative (PBC), Cal Poly Pomona, Caltech, UCLA, USC, City of Hope, LA Bioscience Hub, LabLaunch, Biotech Connection LA, Grifols Biologicals, Molecular GPS, Inc., C3 Jian, Inc., Hatch, and Synova Life Sciences, Inc.
"With this grant, LABioStart will help build the human capital for Los Angeles to create the bioscience industry jobs that will drive long-term economic growth," said Cal State LA Executive Vice President Jose A. Gomez, who chairs the LA BioSpace Advisory Board. "Cal State LA is proud to join our government and private sector partners in this drive to spur innovation, opportunity and economic development for the communities we serve."
"With our new Biocom L.A. office now well-established, we have exceptional resources to devote to this initiative," said Liisa Bozinovic, executive director of the Biocom Institute. "According to feedback from local stakeholders, efforts to support the Los Angeles entrepreneurial community in the life sciences are welcome and needed. This is the first of several efforts for us to partner with local groups to support workforce development, entrepreneur education and STEM, all of which are needed to support the growing life sciences cluster in L.A."
Said Cal State LA biology professor Howard Xu, who directs the planning and development of the University's LABioSpace incubator: "This is a great example of the region's bioscience stakeholders working in harmony. Cal State LA is extremely grateful to have nearly 20 partners from government, colleges and universities, bioscience companies and other incubator operators in the area."
LABioStart is a county-wide collaborative effort to address the severe shortage of bioscience executives and managers. It will elevate the capabilities of bioscience entrepreneurs whose startup companies will join local bioscience incubators, such as PBC, LabLaunch and LA BioSpace. LA BioSpace is under construction and expected to open during the 2017-18 academic year. It is part of an ambitious regional bioscience industry strategy spearheaded by the Los Angeles County Board of Supervisors. Substantial support for the construction of the LA BioSpace incubator has come from the County Board of Supervisors, the U.S. Department of Commerce's Economic Development Administration and the National Rongxiang Xu Foundation.
For further information about the LABioStart project and its programs, send your inquiries to [email protected] and/or call 323-343-2188.
ABOUT CALIFORNIA STATE UNIVERSITY, LOS ANGELES
ABOUT BIOCOM INSTITUTE
Founded in 1995 in San Diego, Biocom provides the strongest public voice to research institutions and companies that fuel the local and state-wide economy. Our goal is simple: to help our members produce novel solutions that improve the human condition. In addition to its San Diego headquarters, Biocom has continuous staff presence in Los Angeles, San Francisco, Sacramento, Washington, D.C. and Tokyo. Our broad membership benefits apply to biotechnology, pharmaceutical, medical device, genomics and diagnostics companies of all sizes, as well as to research universities and institutes, clinical research organizations, investors and service providers. Connect with us on LinkedIn, Facebook, and Twitter (@BIOCOMCA).
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SOURCE Biocom Institute