SFCED - Newsletter 2003

 

 

 

Attractive San Francisco, Creative San Francisco

Superior talent, a world-class business address, a city of great beauty. These qualities - and record low lease rates - are helping San Francisco win jobs and headquarters (see WINS section below). While unemployment is high and we have much work to do for our economy, we can be heartened that San Francisco is a magnet for a variety of firms and their headquarters. This makes the task of the SFCED and the city easier.

San Francisco's attractiveness to businesses should not come as a surprise, according to Carnegie Mellon economist Richard Florida, who rates San Francisco as number one in the nation on his Creative Index. Marked by tolerance as well as talent and technology - Florida calls these the "Three T's" - San Francisco has the innovative drive and unique spirit that makes for a city's economic success. For more information about Florida's findings, see http://www.sfced.org/creativity.htm

WINS: SFCED welcomes three companies and their headquarters operations:

Congratulations and welcome to the following firms:
Moving its headquarters and 225 jobs from Los Angeles to San Francisco this month is MediaLive International, formerly known as Key3Media Group, and operator of Comdex, Networld + Interop and other technology shows. Quoted in the Business Times, MediaLive's CEO Robert Priest Heck said, "We think there's better technology media talent in the Bay Area." See story at the following URL: http://www.bizjournals.com/sanfrancisco/stories/2003/08/18/story1.html.
Golden Gate Software will soon be moving more than 70 jobs back across the bridge from Sausalito; apparently the company "left its heart" here in the city where it was founded. And finally, GangaGen, a small biosciences concern with operations in Bangalore, India and Toronto, Canada opened up a headquarters office here. GangaGen's board chair David Martin talked about San Francisco as an ideal location from which to manage a globally distributed biosciences firm.

HOST CITY SAN FRANCISCO: BIO 2004 comes back to "where it all started."

In the early 1970's right here in San Francisco, Herbert Boyer of UCSF developed recombinant DNA methods and launched the modern biosciences industry. He went on to found Genentech. It is therefore fitting that the industry association, BIO, will have its annual convention here in San Francisco next year. And it is even more fitting that BIO 2004's theme is "where it all started."

In preparation for BIO 2004, the SFCED has launched a Host City-Host Region Task Force. The task force will help get the word out that San Francisco and the Bay Area are not only the birthplace of modern biosciences, but are also its future. For more information on how to take part in the task force, contact tewing@sfced.org.

GETTING INVOLVED: SFCED holds first Economic Development Forum

On August 11, 2003, the SFCED held its first economic development forum to discuss with attendees San Francisco's economic development strategy. Stay tuned for details on the next forum (see www.sfced.org) which will be held in October at the San Francisco Chamber of Commerce. If you want to attend the next forum or be involved in attraction and retention efforts, contact tewing@sfced.org.

COMMENDATIONS: Community leaders rallying to support SFCED and its important mission

Leaders from business, labor and the non profit communities are to be commended for contributing resources toward the effort to attract and retain jobs and businesses. Recent polls indicate San Franciscans have economic development as one of their main concerns. With their help - and the participation of many San Franciscans - the SFCED is working to help create a strong and prosperous economic future. For more information, please contact SFCED Development Director Nichelle Lyons at nlyons@sfced.org or Todd Ewing at tewing@sfced.org.

The SFCED is housed at the San Francisco Chamber of Commerce. Visit its website at www.sfced.org. If you have any questions, please contact tewing@sfced.org.