San Francisco Office of Economic Development Launches NightlifeSF Initiative

San Francisco has launched an initiative called NightlifeSF to support the city’s 3,200 nightlife and entertainment industry businesses that create more than 52,000 jobs citywide.

NightlifeSF

NightlifeSF

NightlifeSF is a project housed within the San Francisco Economic Development Office, established with the intention of making the City’s government more responsive and effective in interacting with and taking care of the needs of the nightlife and entertainment business community.

The initiative provides dedicated staff and a separate website with resources and tools to help existing and prospective new nightlife business owners with city rules and how to start and operate a nightlife business in San Francisco.

The announcement was made by San Francisco Mayor Edwin M. Lee and Supervisor Scott Wiener. Mayor Lee said the range of tools deployed provides nightlife and entertainment businesses with valuable guidance and resources so they can start, stay and thrive, in the process keeping San Francisco a premier nightlife destination.

Supervisor Wiener said that entertainment and nightlife businesses generate tourism, create jobs and enrich neighborhoods, and added that he applauds the launch of the NightlifeSF initiative to help nightlife businesses continue to support San Francisco’s economic and cultural vitality.

According to an economic impact study published in 2012, San Francisco’s nightlife and entertainment sector accounts for roughly $4 billion in annual spending by 80 million customers. More than half of this spending comes from out-of-town visitors.

The NightlifeSF team is being led by Benjamin Van Houten, Project Manager, Nightlife and Entertainment Sector, San Francisco Office of Economic and Workforce Development.

The tools being offered include a “nightlife handbook” that provides information on everything from identifying locations for a nightlife business to applying for City loans and grant programs.

NightlifeSF will assist entrepreneurs in navigating City rules and regulations; assess and identify growth opportunities for nightlife and entertainment businesses; and connect businesses to financing, tax incentives, workforce services, technical assistance providers and other business assistance programs.

The website likewise provides resources and tools for both nightlife businesses as well as visitors and residents who want to experience the San Francisco nightlife.

The San Francisco Office of Economic and Workforce Development will also work on policy issues. They plan to actively monitor and support legislation that impacts and advances the nightlife and entertainment sector.

The OEWD will advocate for the development of new nightlife and entertainment venues and spaces, including on underused City and Port property. They plan to work with the San Francisco Entertainment Commission and the Municipal Transportation Agency to improve late-night transportation, and will be looking for ways to enhance collaboration between the technology and nightlife/entertainment sectors.

Cambridge, Boston, Quincy Launching Life Sciences Corridor as Regional Economic Development Initiative

The Cities of Boston, Cambridge and Quincy are getting ready to launch a Life Sciences Corridor as a regional economic development initiative that will help the entire region better promote the life sciences sector.

Cambridge, Boston, Quincy launching Life Sciences Corridor

Cambridge, Boston, Quincy launching Life Sciences Corridor (photo – cambridgema.gov)

On May 13, 2014, Boston Mayor Martin Walsh, Cambridge Mayor David Maher and Quincy Mayor Thomas Koch will be coming together for an event at the Museum of Science in Boston to officially launch the Life Sciences Corridor.

This Corridor is already naturally linked as a direct transit route on the Massachusetts Bay Authority Transit Authority (MBTA) Red Line subway, with 15 stops including Boston on the way from Cambridge to Quincy.

Each of these three cities has considerable individual strengths in the life sciences sector and the ability to attract biotech companies on their own, thanks to the presence of leading universities, proximity to major research hospitals, availability of skilled labor, access to venture capital funding resources, and the existence of innovative R&D districts.

The aim of teaming up to create a Life Sciences Corridor is that the collaborative venture will amplify economic development in the life sciences sector. The three cities plan to coordinate their efforts and activities around life sciences, and will pool resources for the same.

Apart from the mayors of all three cities, other state and local officials scheduled to speak at the launch event include Massachusetts Life Sciences Center CEO Susan Windham Bannister; Massachusetts Biotechnology Organization CEO Robert Coughlin; and Cambridge City Manager Richard Rossi.

Massachusetts is already a leading destination for the life sciences sector as home to facilities of all of the top 10 biopharmaceutical firms in the world, along with more than 500 other biopharma companies and over 400 medical device makers.

Not to mention the ten-year, $1 billion Life Sciences Initiative enacted in 2008 which enabled the establishment of the Massachusetts Life Sciences Center. The aim of the MLSC is to develop and provide programs for funding economic development initiatives driven by innovation in the Massachusetts life sciences ecosystem.

The Life Sciences Corridor launch event is scheduled to take place on May 13, 2014, from 10:15 to 11:30 p.m. at the Museum of Science, 1 Science Park, Boston, MA.

Kimberly-Clark Spin-off Halyard Health Selects Alpharetta, Georgia for Headquarters

Kimberly-Clark Corporation (NYSE: KMB) announced that Halyard Health, Inc., the new company being created by the spin-off of its health care business, will be headquartered near Atlanta in Alpharetta, Georgia.

Halyard Health selects Alpharetta, GA for HQ

Halyard Health selects Alpharetta, GA for HQ (photo- georgia.gov)

Halyard Health will itself be a publicly traded company with $1.7 billion in annual net sales and a workforce of around 16,500 employees.

Alpharetta will gain around 150-200 new jobs over the next two years at the new 174,000-square-foot facility that will house the Halyard Health headquarters.

Georgia Governor Nathan Deal said that the state’s health care industry is uniquely poised to support Halyard Health, and the company would be able to take advantage of the advanced life science and healthcare ecosystem and Georgia’s eager and skilled workforce.

Lauren Salas Lambiase, a senior project manager with the Georgia Economic Development Department, worked with company executives and the City of Alpharetta to help the company locate a suitable site for its new headquarters.

Kimberly-Clark has been a long-time corporate presence in Greater North Fulton, with a headquarters campus for its Health Care, Kimberly-Clark Professional and Global Non-Wovens divisions in the City of Roswell, GA, which is just about 10 minutes away from Alpharetta.

Robert E. Abernathy, chosen to be the first chairman and CEO of Halyard Health, said they are proud to remain strongly rooted in North Fulton, and are looking forward to investing and growing in Georgia in the years to come.

Alpharetta Mayor David Belle Isle said they are thrilled at Halyard Health’s decision to locate their new headquarters in Alpharetta, and added that the new jobs will be a great fit with the city’s growing tech culture and community.  The Mayor said it is partnerships like this that are helping make Alpharetta the South’s Technology City.

Georgia Department of Economic Development (GDEcD) Commissioner Chris Carr said that Halyard Health’s new Georgia headquarters exemplifies how the state’s No.1 business climate helps keep companies competitive in the global marketplace.

Georgia was named as the No.1 most competitive U.S. state in the annual “Top 10 Competitive States” listing by Site Selection magazine, published in its recent May issue. The rankings are based on 10 criteria that are mostly tied to new projects and expansions.

Commissioner Carr added that remaining competitive is key to staying ahead in the global marketplace.

Wisconsin Economic Development Corp Awards $500K Tech Loan to Lucigen

The Wisconsin Economic Development Corporation announced that it has awarded a $500,000 state technology loan to help biotech company Lucigen develop a groundbreaking new method for testing infectious diseases.

Lucigen Corp.

Lucigen Corp. (photo – lucigen.com)

The WEDC loan will be used by the company to buy equipment for its facility in Middleton, WI. If the test is commercialized as planned, it could lead to the creation of as many as 60 new jobs at this Lucigen facility.

The company already has 55 employees, so the development and commercialization of the test would more than double their existing workforce.

Lucigen is developing a test for infectious diseases that can be performed directly by doctors and nurses in the clinic, physician’s office or the emergency room. The new test can be completed and the results obtained within 15 to 30 minutes, as opposed to the hours or days currently required when specimens are sent to a lab for testing.

Wisconsin Governor Scott Walker said they’re happy to offer support for this testing platform, the first of its kind, which could significantly improve patient outcomes while decreasing overall health care costs.

The WEDC is providing the $500,000 loan through its Technology Development Loan Program. This program is designed to assist innovative companies that show great promise, and is meant to help these companies clear the hurdles associated with bringing their new technologies to market.

Lucigen’s test is scheduled for an FDA clinical trial in the first half of 2015, and the company is seeking investors and commercialization partners who can support the company’s bid to get FDA approval for the test and subsequent commercialization process.

The company has separately received a $2.8 million federal grant for this project from the National Institutes of Health in 2012 under the Small Business Innovation Research (SBIR) program.

David Mead, founder and CEO of Lucigen, said they are developing a simple testing platform that will be able to provide lab-quality molecular diagnostic accuracy within minutes instead of hours. Mead added that this high-quality point-of-care testing has the potential to improve quality of care while reducing costs.

Reed Hall, secretary and CEO of the Wisconsin Economic Development Corporation, said that Lucigen has been a leading life-sciences company for the last 15 years and has developed more than 100 biomedical research products and services that are in use worldwide.

Hall added that Lucigen’s new testing platform has the potential to significantly change how patients are tested and ultimately treated.

NBCUniversal’s Sprout Relocates to New York City

NBCUniversal’s Sprout, the first 24-hour preschool network, announced a relocation of its operations to 30 Rockefeller Plaza in Manhattan.

Sprout

Sprout (photo – sproutonline.com)

The relocation will create 50 full-time network jobs and 20 production jobs in New York City. The company further anticipates expanding its operations and workforce at their new 30 Rock location.

NY Governor Andrew M. Cuomo said this was another example of how New York’s media and entertainment industry is flourishing. With support from the administration, companies such as NBCUniversal are bringing investments and jobs to the Empire State.

Gov. Cuomo added that Sprout’s relocation will have an immediate impact on the regional economy, and he is proud to welcome them to New York State.

Formerly known as PBS Kids Sprout, the network was originally launched for reruns of PBS shows. Sprout’s original programming hits such as The Chica Show, along with classics such as Caillou and Sesame Street, are now available across all platforms including cable, broadcast, online and on-demand.

They follow the daily schedule of pre-schoolers aged 2-5 and their caregivers from morning to night. The NBCUniversal Cable Entertainment Group completed its acquisition of Sprout last year in November.

Sprout President Sandy Wax said that support provided by Gov. Cuomo through Empire State Development was a major factor that made Sprout’s network and production relocation to New York possible. Wax also mentioned the NY film and television production tax credit program as being one of the factors that helped them decide to relocate.

In order to secure the relocation, the New York economic development agency agreed to provide $2 million in Excelsior Jobs Program tax credits to Sprout. These are performance-based tax credits tied to the company’s job creation and investment commitments, and will be made available by ESD over the next ten years.

Empire State Development President, CEO and Commissioner Kenneth Adams said that the Sprout Network’s decision to relocate to New York State was yet another sign that Gov. Cuomo’s efforts to improve the state’s business climate were paying off.

Commissioner Adams said that New York’s entertainment industry is growing fast and bringing new revenue and jobs to communities, and that’s good news for New Yorkers.

Greater New Orleans Economic Development and Real Estate Intersect at UNO Seminar

The 2014 UNO/Latter & Blum Economic Outlook and Real Estate Forecast Seminar for Metropolitan New Orleans is scheduled to be held at the University of New Orleans Lakefront Campus on May 9, 2014.

UNO/Latter & Blum seminar

UNO/Latter & Blum seminar

The seminar is hosted by the UNO Institute for Economic Development and Real Estate Research. A similar seminar focusing on the Northshore of Lake Pontchartain will be held on June 6, 2014 in Covington, LA.

The seminars bring together Greater New Orleans economic development officials and real estate industry leaders to discuss the future of economic growth and development in the metropolitan area.

This will be the 25th year these seminars are being held by UNO. Last year, the agenda for the New Orleans seminar was focused on tourism and hospitality in the region. This year, the focus will be on the intersection of economic development and real estate.

The panel, titled “Where Economic Development and Real Estate Intersect” will be moderated by Dr. Ivan J. Miestchovich, Jr., director of the UNO EDRE Institute.

The panelists for this discussion are as follows:-

- Louisiana Economic Development Assistant Secretary Quentin Messer;

- Greater New Orleans, Inc. President and CEO Michael Hecht;

- New Orleans Business Alliance President and CEO Rodrick Miller;

- Downtown Development District of New Orleans President and CEO Kurt Weigle;

- Jefferson Parish Economic Development Commission Executive Director Jerry Bologna; and

- St. Tammany Economic Development Foundation CEO Brenda Bertus.

There will also be three real estate panels afterwards, one of which will focus on trends and outlooks in the sector. A second panel will look at residential real estate issues, while the last one will be about commercial real estate.

This last panel will have Corporate Realty Leasing Director Bruce Sossaman; Stirling Properties President and CEO Marty Mayer; and College of Business Administration Dean John Williams talking about office, retail and hotel/hospitality real estate.

What: UNO/Latter & Blum Economic Outlook and Real Estate Forecast Seminar

When: May 9, 2014

Where: University Center Ballroom, UNO, New Orleans, LA

Illinois Kicks Off First Pay for Success Project

Illinois Governor Pat Quinn announced the state’s first Pay for Success (PFS) contract to One Hope United for supporting at-risk youth involved in both the juvenile justice and child welfare systems in Illinois.

Illinois Pay for Success program

Illinois Pay for Success program

Plans to go ahead with a Pay for Success program, also known as Social Impact Bonds (SIBs), were initiated a year ago in Illinois with funding from the Dunham Fund and support from the Harvard Kennedy School’s Social Impact Bond Technical Assistance Lab (SIB Lab) and the Rockefeller Foundation.

The concept is that private investors and philanthropic organizations can work with the government and service providers to put money into projects that tackle pressing social issues, and get their money back if the program works.

If the project produces results that save money for the government, then the investors will get back their investment. The government, for its part, is able to find effective solutions without having to risk taxpayer funds.

The first SIB project in Illinois seeks funding for programs that work with at-risk youth, putting them on the right path and in the process reducing the burden on the state’s criminal justice and welfare systems. Illinois is expecting to generate up to $30 million for these programs as SIB investments by private investors and organizations.

Since the State is expected to repay the investments only if the funded programs generate sufficient savings in government spending, these and other SIB projects to come will always be cost-neutral for taxpayers.

One Hope United and the Conscience Community Network were selected out of the six applications the Governor’s Office received from organizations seeking to partner with the State on SIB projects targeting at-risk youth.

The Illinois Governor’s Office of Management and Budget will now be working with One Hope United to come up a project that improves placement outcomes and reduces re-arrests through community alternatives to institutional care.

This SIB program will tackle the cases of approximately 800 youth that are in the care of the Illinois Department of Children and Family Services, and have a history of being involved with the state’s criminal justice system.

Illinois is one of ten state and local governments being assisted on such projects by the Harvard SIB Lab, and the first U.S. state to use SIB for improving the outcomes of child welfare programs, and also the first to partner on such a project with a network of community providers.

Texas Delegations Gearing Up To Visit Huy Fong Foods Facility in Irwindale

On May 12, a delegation of officials from Texas led by State Rep. Jason Villalba will be visiting the Huy Fong Foods, Inc. facility in Irwindale, CA.

Sriracha workers protest

Sriracha workers protest (photo – Huy Fong Foods)

The delegation from Texas is visiting shortly after a meeting of the Irwindale City Council on May 7, 2014 at which the City Council may approve a resolution declaring the Huy Fong Foods, Inc. facility to be a public nuisance.

Following actions taken by the City in response to complaints about harmful odors emanating from the Sriracha hot sauce factory, Huy Fong Foods owner David Tran had made it known that he might relocate the facility outside California if the City Council makes good on its threat.

It now appears that there may be some sort of compromise being worked out, considering that this matter is no longer local, and has turned into a much bigger issue than the City Council had anticipated. It’s possible that Huy Fong Foods may stay in Irwindale, while announcing an expansion to open another plant in San Antonio or elsewhere in Texas.

It would look bad for California to lose another high-profile business to Texas, especially in the wake of Toyota’s relocation announcement last week in which the company said it was moving their North American corporate headquarters from California to Plano, TX.

The Los Angeles Economic Development Corporation is already involved, trying to save the hundreds of jobs that would be lost of Huy Fong Foods relocates out of the county. Texas Governor Rick has tweeted his support to Huy Fong Foods – “.@huyfongfoods The Texas business climate is hot. We want you to make it even hotter. Come to Texas! #srirachasauce #txlege.”

Rep. Villalba has been in touch with Huy Fong Foods since January 2014, when he sent a letter to David Tran inviting the company to move to Texas, and offered to organize and bring a delegation to Irwindale to take a tour of the plant and discuss a relocation in detail.

The delegation led by Rep. Villalba that is now scheduled to visit the Huy Fong Foods plant on May 12 includes Texas Agriculture Commissioner Todd Staples and Rep. Hubert Vo, who is the vice chair of the Texas House of Representatives Committee on Economic and Small Business Development.

The City of Denton, TX is separately sending its own delegation to Huy Fong Foods. Their delegation includes City Council member Kevin Roden; Denton Economic Development Director Aimee Bisset; and Adam Gawarecki, vice president for economic development, Denton Chamber of Commerce.

Greater Cleveland Economic Development Organization Kicks off Talent Attraction Campaign

Global Cleveland, the regional non-profit organization for Greater Cleveland economic development, has launched a talent attraction campaign aimed at increasing inward migration into the region to 60,000 per year by 2020.

Global Cleveland

Photo – Global Cleveland

The initiative kicked off at the Cleveland Convention Center last week, with dignitaries in attendance including Ohio Governor John Kasich, Cleveland Mayor Frank Jackson and JobsOhio President John Minor.

Over 2,000 people attended the event where more than 20 ethnic groups from Greater Cleveland performed, and a soundtrack produced by the Rock and Roll Hall of Fame and Museum featuring regional artists played in the hall.

At the event, John Minor announced that JobsOhio, the public-private agency handling Ohio economic development efforts and initiatives, is providing Global Cleveland $750,000 in support of the talent attraction campaign.

Minor said it wasn’t just about population gain, because new talent is entrepreneurial and leads to greater economic activity.

Global Cleveland Chairman of the Board Baiju Shah, himself the son of immigrants, said the talent attraction campaign would seek to increase inward migration into the Greater Cleveland region from 30,000 now to 60,000 per year by 2020.

As part of this talent attraction campaign, Cleveland is providing prospective talent with resources such as a website in 50 languages and guides that offer all the information required by immigrants and newcomers relocating to Cleveland.

Global Cleveland will also be holding outreach events including road shows. This national campaign will kick off on June 26 at the National Press Club in Washington, D.C.

Here’s what the event invitation for the fun, free, multi-media worldwide kickoff of Global Cleveland’s talent attraction campaign says – “Want a great job and live in a city where you can afford an amazing home in a wonderful neighborhood? Find out how on June 26th!”

Attendees at this event in D.C. stand to win a three-day, two-night luxury vacation package in Cleveland, along with additional prizes such as free dinners, Rock Hall tickets, Cleveland Whiskey, and many more things including books containing guides about all the fun things to do in the city.

Indiana Economic Development Corp Offers $3M Incentives For Healthcare Cloud Firm Expansion

Healthcare cloud platform provider hc1.com announced a plan to expand its headquarters at the Northwest Technology Park in Boone County, Indiana.

hc1.com expansion in Zionsville (

hc1.com expansion in Zionsville (photo – hc1.com)

The expansion project was facilitated by a package of state and local incentives provided by the Indiana Economic Development Corporation and the Boone County Economic Development Corporation.

hc1.com plans to create 175 new jobs by 2019 and invest $2.5 million for leasing and renovating 9,466 square feet of additional space.

The company relocated its headquarters to this new space in Zionsville, on the northwest side of Indianapolis, earlier this year in February. The facility already has 16,626 square feet of space.

This is their third major expansion in the last three years. Last year in November, hc1.com announced a $1.4 million expansion project at their Indianapolis headquarters which would enable them to create 62 new jobs. The company already has 90 associates, including 70 full-time employees in Indiana.

Indiana Governor Mike Pence said that homegrown companies such as hc1.com continue to spur innovation, pushing the state’s economy forward by contributing to the growing investment and job creation in the state.

The hc1.com Healthcare Relationship Cloud optimizes the way health systems, laboratories and radiology groups manage their patient-provider experience. The platform is now being used at 500 healthcare locations around the world, and hc1.com’s subscription revenue has grown on average by more than 100 percent in the last couple of years.

hc1.com Chairman and CEO Brad Bostic said that as they expand, the support provided by Boone County and the State of Indiana has been instrumental in their decision to locate the company’s growing team and headquarters in Indiana.

The Indiana Economic Development Corporation has offered hc1.com state incentives worth up to $2,985,000 in the form of conditional tax credits tied to the company’s job creation commitments. hc1.com will also get training grants of up to $100,000 to aid their job creation plans.

The Boone County Economic Development Corporation additionally facilitated local incentives for the project from the county.

Zionsville Town Council President Jeff Papa said the fact that hc1.com is growing again and adding 175 high-paying jobs in Zionsville is a testament to the company’s success, and added that they are proud that hc1.com calls Zionsville its home.

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