HomeMy WebLinkAbout2015-02-24; City Council; 21875; Update Bio Tech and Beyond Life Sciences IncubatorCITY OF CARLSBAD-AGENDA BILL 11
AB# 21,875 RECEIVE AN ANNUAL PROGRAM UPDATE DEPT. DIRECTOR --'---------i
MTG. 2/24/2015 FROM 810, TECH AND BEYOND LIFE SCIENCES CITY ATTORNEY
DEPT. CEO INCUBATOR CITY MANAGER
RECOMMENDED ACTION:
Receive an annual program update from Bio, Tech and Beyond founders, the organization responsible for
the city's life sciences incubator in fulfilment of the requirement within their lease agreement.
ITEM EXPLANATION:
Background: In February 2013, the City Council approved a five year lease with Bio, Tech and Beyond for
the city-owned building located at 2351 Faraday Avenue for the purposes of operating a life sciences
incubator. The goals of the incubator are to: create new life sciences companies and jobs in Carlsbad;
help Carlsbad become a national leader in the citizen science movement, strengthening the life sciences
cluster; add Carlsbad's core technology base, resulting in new development and new invention patents;
and serve as a key source for regional science education outreach efforts.
The incubator founders Joseph Jackson and Kevin Lustig will be presenting an annual update of the
activities that occurred in the calendar year of 2014.
Here are some of the highlights from their presentation which is attached:
• Having helped create eight startup companies;
• Incubating and graduating four life sciences companies;
• Creating 21 jobs;
• Strengthening the life sciences cluster, amassing communication and influence with 627 citizen
scientists and 1900 unique members ofthe public; and
• Having hosted at least one educational event per quarter.
This is the second annual update on the facility and incubator programs and will discuss next steps related
to meeting the benchmarks outlined in the five year lease agreement with the city.
FISCAL IMPACT:
No funding is being requ~sted at this time.
ENVIRONMENTAL IMPACT:
DEPARTMENT CONTACT: Christina Vincent 760-602-2712 christina.vincent@carlsbadca.gov
FOR CITY CLERKS USE ONLY.
COUNCIL ACTION: APPROVED 0 CONTINUED TO DATE SPECIFIC 0
DENIED 0 CONTINUED TO DATE UNKNOWN 0
CONTINUED 0 RETURNED TO STAFF 0
WITHDRAWN 0 OTHER-SEE MINUTES ~
AMENDED 0 Council received the annual u date.
Life Sciences Incubator Update
Feb. 24, 2015
Page2of2
Pursuant to Public Resources Code Section 21065, this action does not constitute a "project" within the
meaning of CEQA in that it has no potential to cause either a direct physical change in the environment,
or a reasonably foreseeable indirect physical change in the environment, and therefore does not require
environmental review.
ATTACHMENT:
1. Power Point Presentation for BioTech and Beyond program 2014
Bio, Tech
and Beyond
Joseph Jackson
Kevin Lustig
2351 Faraday Ave, Carlsbad, CA
Entrepreneurs
Low cost lab bench
Access to technologies
Address for gov’t grants
BTNB helps people translate their ideas into results and
their results into companies.
Thousands ofsmart people
Ideas, Vision, Passion Technologies, Experts
Life science
incubator
Local Vendors
Customers
Early access to newcos
Product testing arena
Carlsbad
Publicity & awareness
High tech jobs
Science education
Cell Culture Lab
Microscopes
Centrifuges
Lab Benches
Readers
Mar 2013 May 2013 July 12 2013
Vacant, unused
office building
Dec 2013
The foundation
for a laboratory
A Grand
Opening!
A startup incubator
community center
New floor
New sinks
New water system
New door entry system
New alarm system
New electrical outlets
New mailbox
New benches
New culture lab
Lab equipment
Offices
Conference rooms
Wi-Fi
400+ AttendeesUnoccupied
for 10 Years
A thriving life
science incubator
Ten life science
start-up
companies
Dec 2014
Brain Spores/Plastic Rat –3-D Printing
Biophyllum –Natural Pesticides
Vanadis Labs –Materials Testing
Allostere Therapeutics –Breast Cancer Research1
3
1
3Headcount
= 26
Dapcell –Cytokines1
Biomarker Profiles –Pain Biomarker Discovery
Lab Fellows –Technology Sharing Platform2
1
Zymie –Yeast Genetic Engineering4
Mesatech –Molecular Flu Diagnostic3
KS Labs –Plant Molecular Characterization2
Koliber –Metabolic Engineering
Cascade Biosystems –Molecular Diagnostics1
2
ProtoMedex –Wound Healing1
Ze Resource –Algae Microculture1
Dec 2103 –April 2014 Jason Kriesberg, independent consultant.
March –July 2014 Michael Mcneely, Gatacco, LLC. BTNB enabled prototype
development.
March –June 2014 Aastrom Biosciences. (2 employees). Publicly traded
Michigan company, that exited after unexpected corporate restructuring.
Sept 2013 –Nov 2014 Biospyder (5 employees). Merged with other BTNB
startup and moved to nearby Carlsbad facility
Jan 2014 –Nov 2014 Orphi Therapeutics (3 employees). Seeking funding
for clinical trials.
Sept 2013 Joins BTNB to develop expression
technology (1 FTE)
2014 Receives $MM grants from US government.
Expands to 5 FTEs.
Nov 2014 Moves to local Carlsbad laboratory to
accommodate expansion
6 interviews in average month
90 Start-Up Interviews
20 Startups
4 Graduates
3-18 months duration
4-40 hours per week usage
2 FTEs per startup
BTNB in the News
)
)
. .
· .. ··BIG.~
~-E :CH I
··Beyond
San D iego, CA
Founded Feb 17, 2011
About us ...
Citizen Scientists e
Group reviews 11
Upcoming 2
Meetups
G Past Meetups
Our ca lendar ~
Recent Meetups
November 20 · 6:00 PM
Amenca's Next To p Biologist Resume Night
42 Citizen Scientists I 11 Photo
Looking for work?!! Bring a CV and we wil l try to connect you
w ith opportunities for biotech contract work. We frequently
meet talented life sciences professionals whose ..... ~... YIV-::
October 8 · 5.00 PM Rate th1s Meetup
Lab Fellow s Launch Bench Bash ,
16 Cit izen Scientists
Jo1n Lab Fellows on Wednesday evening Oct 8th to welcome B1o,
Tech, Beyond to the world's on ly Peer to Peer Co-lab and
equipment sharing network. Featuring flexible ... LEAKt-. Mo:"<~
6/3/14 Connect Semi-Annual event 350 Attendees
6/12/14 Stem Cell Therapies, Preclinical Design Seminar with CRL 22 Attendees
6/20/14 Go San Diego Event hosted by City of San Diego 150 Attendees
6/24/14 Reinventing California Biotech 150 Attendees
7/17/14 Meet the Tech Coast Angels 50 Attendees
9/18/14 Xconomists San Diego. 200 Attendees
10/8/14 Lab Fellows Bench Bash Launch at BTNB. 45 Attendees
10/23/14 Start-Up Night at Evonexus 100 Attendees
11/14/14 Veterans to Biotech Workflow Training Program 40 Attendees
11/20/14 America’s Next Top Biologist at BTNB. 42 Attendees
Summary: From Jan 1 –Dec 31 2014, BTnB reached
at least 1900 unique new members of the public
Indirect Costs from SBIR
and Other Grants
20% indirect cost rate with
multiple grants submitted in
2014
Business to
Business Sales
Corporate Sponsors and
Funding Campaigns
Monthly Fees Paid by
Start-Up Companies
Currently $7000 per month
First and second partners
signed (Prestwick
Chemical and WuXi). First
100K in gross revenue
from sales.
First and second sponsors
signed (Assay Depot -10K
and Datatron -15K)
Expenses
Revenue and Assets
Utilities (Electric, Water, Gas)
Wi-Fi
Alarm System
Waste Disposal
Janitorial
CO2 Gas
Insurance
License Fees
Taxes
$3,600/avg. month
Current Monthly Memberships
(10 of 21 benches) *$7,000/month
*Expected to grow to $9,000 by Q1 2014
Building Upgrades, Equipment and
Lab Improvements Jan –Dec 2014 $45,000+
Help create 8 start-up companies (Exceeded)
Build the Carlsbad Center for Translational Medicine within BTNB (Acheived)
Announce a prestigious Board of Directors and Advisory Board (Pending)
Finish build out of laboratory infrastructure (Achieved -spent $45,000 to
increase number of benches to 21 and to buy shared equipment)
Host at least one educational event each quarter (Exceeded)
Revenue
Sign up two new corporate sponsors (Achieved)
Receive first funding from grant indirect costs (Pending)
Bring in revenue from B2B product or service sales (100K Gross Revenue)
Achieve full capacity of ~20 start-up companies
Recruit two new academic partners to expand CCTM effort
Leverage our BOD and Advisory Board for fundraising
Start regular hand-on mentorship program for start-up companies
Host at least one educational event each quarter
Revenue
Receive 50K in corporate sponsorships
Receive first funding from grant indirect costs
Bring in additional revenue from B2B product or service sales
Serves as highly visible sign of Carlsbad’s
commitment to life science research
Serves as a hub for life science start-up
companies in Carlsbad
Creates new high paying jobs that attract
other high paying jobs
Solidifies Carlsbad’s role as one of two
San Diego science hubs
Dramatically lowers the barrier for
formation of life science research
companies in Carlsbad
Connects and empowers Carlsbad
scientists interested in diverse areas of
research
Makes it easy to access sophisticated life
science technologies and experts
Educates next generation of Carlsbad
scientist entrepreneurs
Capitalize on R&D Capabilities Harness Local Innovation