65 posts categorized "Business"

10/31/2012

CleanTechSF Initiative: Mayor Announces Initiative to Support Clean Energy

Mayor Announces Initiative to Support Clean EnergyMayor Edwin M. Lee today announced the launch of CleantechSF – a new initiative to support the growth of the cleantech industry and cleantech jobs in San Francisco. CleantechSF has three key goals: (1) to streamline the demonstration and testing of clean technologies utilizing City assets; (2) attract cleantech anchoring institutions to San Francisco and (3) support early stage cleantech firms in San Francisco.
 
“As part of my 17-Point Jobs Plan, CleantechSF is designed to drive job creation in the cleantech and green sectors,” said Mayor Lee. “This innovative partnership brings together the California Clean Energy Fund and key City departments, with the singular goal of keeping San Francisco the leading center for cleantech.” Read more.

09/10/2012

Biotech Innovation: Mayor Announces New Incubator in Mission Bay

Biotech Innovation: Mayor Announces New Incubator in Mission BayMayor Edwin M. Lee announced the opening of the Bayer HealthCare CoLaborator, an innovative shared lab for start-up life science companies in Mission Bay.

"I am thrilled to announce the opening of the CoLaborator that has already attracted two new life science companies to San Francisco, the Innovation Capital of the World," said Mayor Ed Lee. "The CoLaborator will encourage the growth of innovative research companies and support startups that will be developing groundbreaking medical treatments, Mission Bay continues to grow as a hub of innovation, and Bayer's leadership has strengthened this critical growth." Read more.

06/21/2012

Boosting Tourism: Mayor Announces Moscone Center Expansion

Mayor Announces Moscone Center ExpansionMayor Edwin M. Lee today announced the development of a 25-year master plan for the expansion of Moscone Convention Center with completion of the first phase expected by early 2018.

“The recent renovations at Moscone North and South are exciting, but they don’t address San Francisco’s need for more convention and meeting space to remain competitive with cities around the world,” said Mayor Lee. “Tourism is our City’s number one industry and bringing Moscone into the 21st Century will boost our City’s economy.”

“This is one of the most utilized convention centers in the nation and many of our convention clients are simply outgrowing it,” said President and CEO of the San Francisco Travel Association Joe D’Alessandro. “Other competing cities have either recently expanded their convention centers or are planning expansions. We can’t sit back and let other cities around the world take our business away.” Read more.

06/13/2012

Tax Reform: Mayor Introduces Measure to Reform Business Taxes

Mayor-ed-lee-david-chiuMayor Edwin M. Lee and Board President David Chiu today introduced a proposal to reform the City’s current anti-job business tax structure for the November 2012 ballot. After months of thorough analysis by the City Controller, economic modeling by the City Economist and inclusive outreach to San Francisco’s diverse business communities, Mayor Lee and Board President David Chiu proposed a gross receipts tax as an alternative to the City’s current payroll tax, which punishes companies for growing and creating new jobs in San Francisco. The measure also raises $13 million in new General Fund revenue through increased business license fees for affordable housing.

“San Francisco is the only city in California with a payroll tax and it’s time to reward companies for creating jobs in our City, not punish them,” said Mayor Lee. “After months of inclusive, transparent outreach to the City’s diverse business community and many others, President Chiu and I are proposing comprehensive business tax reform for this November that ends our tax on jobs, protects small business and will bring stable, growing revenue for vital City services and affordable housing for the future.” Read more.

05/29/2012

Small Business Funding: Mayor Announces Commercial District Funding

Small_business_fundingMayor Edwin M. Lee today announced new commitments to neighborhood commercial districts and small businesses in his proposed two year budget. The budget will more than double grants funding to $1.5 million; add $4 million to dramatically expand loans and other grants specifically targeted at neighborhood small businesses; double the team that works full time in neighborhood commercial corridors to streamline permitting and link small businesses with City programs and resources; and launch the Jobs Squad to help neighborhood small businesses get expert City staff out of City Hall and into the neighborhoods.

Mayor Lee was joined by Board Budget Chair Supervisor Carmen Chu, District 6 Supervisor Jane Kim, area business owners, neighborhood residents and leaders, community-based groups, and City department heads to make the announcement in Little Saigon in the Uptown Tenderloin Historic District neighborhood. Read more.