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Last time San Diego hosted BIO in 2014, San Diego companies were inundated with requests for meetings from visitors looking to make connections outside of the convention center. After all, if you are going to visit one of the world's preeminent biotech hubs, you better take advantage of your surroundings. Many of these meetings result in inbound investment opportunities for San Diego businesses and research institutions.
WTC San Diego, in partnership with Biocom, has launched discoversdbio.com, a website that will track, vet and expand investment opportunities for San Diego businesses during the BIO International Convention
The 2017 BIO International Convention, the world’s leading biotechnology conference, comes to San Diego June 19 - June 21. In 2017, BIO is projected to attract more than 16,500 attendees, with more than 2,000 individuals coming from international destinations. These delegations, comprised of venture capitalists, foreign dignitaries, private companies and others, collectively send hundreds of requests to businesses and organizations for tours and meetings outside of the San Diego Convention Center.
Foreign investment (FDI) is an integral part of San Diego’s life sciences cluster. In Q1 2017 alone,
San Diego’s life sciences cluster received more than $1.7 billion in FDI – more than 75 percent of the region’s total FDI during that quarter.
Discoversdbio.com will function as a one-stop-shop for delegations seeking opportunities in the broader San Diego community during BIO 2017. The tool will streamline requests, improve the tracking of visitors and strengthen the follow through. Delegations are directed to a website that captures contact information, delegation make-up, requested company tours and more.
“The annual BIO convention offers significant opportunities for companies to network at the conference, and because San Diego has a vibrant life sciences ecosystem, many visiting delegations are eager to make connections outside of the conference,” said Jennifer Landress, senior vice president and COO at Biocom. “However, sifting through a high volume of requests can be difficult. This tool will help track and vet the opportunities for San Diego organizations, giving them the information they need to make the decisions about which meetings to hold.”
San Diego life sciences companies and/or research institutions that are interested in hosting delegations, please contact Drew Garrison at email@example.com to be added to the website.
San Diego Regional EDC, the parent organization of WTC San Diego, will also be running subsequent programming during BIO 2017 as a way to market the region and attract additional inbound investment. EDC will launch an economic impact study on San Diego’s genomics industry, making San Diego the first region in the U.S. to quantify its genomics industry.
This week we sat down with senior director at BNY Mellon, David Noosinow to learn more about what BNY Mellon has in store for the future - as they collaborate with businesses in the region, provide wealth management expertise and lead in global investment.
1) Tell us about BNY Mellon.
Started by Alexander Hamilton in 1784, BNY Mellon is one of the longest-lasting financial institutions in the world. We have endured, innovated and prospered through every economic event and market in the past 230 years. We serve exceptional clients-- many of the world’s leading investors. They rely on us to connect them to opportunities in 100 markets across 35 countries. Our extraordinary people – experts in their field – make it possible.
2) What are some advantages to doing business in San Diego?
When I moved to San Diego in December of 2013 to help establish our new office in Del Mar, my primary motivation was to be close to my family, especially my daughter Averi who is in her first year at Mesa College. Before I moved to San Diego, I did not know about the breadth of industries from cyber to healthcare. And innovation is happening in every industry. In San Diego, not only will you find global leadership in life science, but also a growing technology center, cyber security, sports and active lifestyle, and let’s not forget all the great craft brewing companies on the 78 Corridor.
I would be remiss if I didn’t point out one of the biggest advantages the region provides is its active lifestyle. San Diego is where innovation and lifestyle collide.
3) San Diego is full of dynamic companies, firms and service providers influencing global trends and innovation. Pick another San Diego company that is at the top of its game.
I prefer to share my thoughts on the San Diego business community: I have had the fortune to develop many markets in my career, however, I have never experienced a town where the business community and professionals are as collaborative and genuinely supportive of helping our firm establish our regional presence.
4) What do you anticipate for your company in five years? What do you anticipate for San Diego?
In five years, I anticipate BNY Mellon will be the preeminent investment firm in San Diego; supporting innovation and the growth of the business community in the region, and the business owners and entrepreneurs that our leading the way. After watching the National Geographic’s “World’s Smart Cites” documentary about San Diego, I see the region much in the same way I see many of the startup companies in our accelerators: thriving with life and global potential. It’s a good time to be in San Diego.