COUNTY OF SAN DIEGO
BOARD OF SUPERVISORS
1600 PACIFIC HIGHWAY, ROOM 335, SAN DIEGO, CALIFORNIA 92101-2470
AGENDA ITEM
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DATE:
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August 4, 2009
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TO:
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Board of Supervisors
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SUBJECT:
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Presentation by CONNECT (DistrictS: All)
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SUMMARY:
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Overview
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Founded in 1985 at the urging of San Diego’s business community, CONNECT is a non-profit organization dedicated to creating and sustaining the growth of innovative technology and life science businesses throughout the San Diego region.
Today’s recommendation is to receive a report on the progress and challenges facing the technology and life sciences community.
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Recommendation(s)
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Vice Chairwoman Slater-Price and supervisor roberts
Receive the presentation from CONNECT.
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Fiscal Impact
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There is no fiscal impact associated with this action.
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Business Impact Statement
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N/A
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Advisory Board Statement
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N/A
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BACKGROUND:
Founded in 1985 at the urging of San Diego’s business community, CONNECT is a non-profit organization dedicated to creating and sustaining the growth of innovative technology and life science businesses throughout the San Diego region.
Since its inception, CONNECT has assisted in the formation and development of hundreds of companies and is widely regarded as the nation’s most successful regional program linking inventors and entrepreneurs with the resources they need for success.
On July 24, 2007, our Board of Supervisors received a report from Duane Roth, the Chief Executive Officer of CONNECT, on the progress and challenges facing the technology and life sciences community. Today’s recommendation is to receive an updated report from Mr. Roth.
Challenges that technology and life sciences businesses face include a downward trend in venture investing over the past three quarters, as shown in the CONNECT’s most recent quarterly report (attached). On the positive side, the county’s innovation economy is well-positioned to benefit from a $10 billion grant program administered by the National Institutes of Health and from federal economic stimulus programs.
Respectfully submitted,
PAM SLATER-PRICE RON ROBERTS
VICE CHAIRWOMAN SUPERVISOR, FOURTH DISTRICT
AGENDA ITEM INFORMATION SHEET
CONCURRENCE(S)
COUNTY COUNSEL REVIEW [X] Yes
Written Disclosure per County Charter [] Yes [X] No
Section 1000.1 Required
GROUP/AGENCY FINANCE DIRECTOR [] Yes [X] N/A
CHIEF FINANCIAL OFFICER [] Yes [X] N/A
Requires Four Votes [] Yes [X] No
GROUP/AGENCY INFORMATION
TECHNOLOGY DIRECTOR [] Yes [X] N/A
COUNTY TECHNOLOGY OFFICE [] Yes [X] N/A
DEPARTMENT OF HUMAN RESOURCES [] Yes [X] N/A
Other Concurrence(s): N/A
ORIGINATING DEPARTMENT: Third Supervisorial District
Fourth Supervisorial District
CONTACT PERSON(S):
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Jason Farran
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Adam Kaye
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Name
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Name
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619-531-5544
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619-531-5533
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Phone
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Phone
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Fax
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Fax
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A-500
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A-500
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Mail Station
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Mail Station
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Jason.farran@sdcounty.ca.gov
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Adam.kaye@sdcounty.ca.gov
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E-mail
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E-mail
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AUTHORIZED REPRESENTATIVE:
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AGENDA ITEM INFORMATION SHEET
(continued)
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PREVIOUS RELEVANT BOARD ACTIONS:
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BOARD POLICIES APPLICABLE:
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ORACLE AWARD NUMBER(S) AND CONTRACT AND/OR REQUISITION NUMBER(S):
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FISCAL IMPACT STATEMENT
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DEPARTMENT:
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PROGRAM:
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PROPOSAL:
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FUTURE YEARS ESTIMATED
BUDGET OF PROPOSAL
IF ADOPTED
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(a)
Budgeted
Amount
For Proposal
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(b)
Proposed Change
in Budgeted
Amount
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(c)
Proposed Revised
Current Year
Budget (a+b)
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(d)
1st
Subsequent
Year
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(e)
2nd
Subsequent
Year
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Direct Cost
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Revenue/Other Offset
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NET GENERAL
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FUND COST
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Staff Years
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Sources of Revenue/Other Offset for Proposed Change and Subsequent Years:
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Space-Related Impacts: Will this proposal result in any additional space requirements? [] Yes [] N/A
Support/Other Departmental Impacts: [] Yes [] N/A
Remarks: [] Yes [] N/A
