San Francisco’s iHub serves as a conduit, problem-solver and facilitator for creating new businesses and new jobs in the biotechnology sector. Our goal is to help companies of all sizes, particularly start-ups and small businesses, navigate through processes and challenges to achieve success.
Led by the San Francisco Center for Economic Development (SFCED), in partnership with the Mayor’s Office of Economic Development; the University of California, San Francisco (UCSF); the California Institute for Quantitative Biosciences (QB3); and the Small Business Development Center, the Mission Bay Area iHub focuses on the following areas:
- Delivering early-stage biotechnology and life sciences companies;
- Providing incubation facilities and low-cost space;
- Encouraging and facilitating collaboration among entrepreneurs, scientists and financial partners;
- Providing business assistance and guidance for early-stage companies;
- Facilitating networking and programs;
- Job training and job creation.
There are an estimated 30 new biotechnology companies formed each year in the Bay Area. They are attracted by San Francisco’s position as the birthplace of biotechnology, and the nexus between business, academia, financing, and public policy. The track-record and support of the Mission Bay Incubator Network, which has launched more than 30 new companies, provides a strong platform for early-stage enterprises. San Francisco’s world-class urban innovation district is anchored by UCSF, QB3, and the Gladstone Institutes. Employee training programs at nearby colleges and universities, a plethora of venture capital and angel investment firms, and vibrant cultural, recreational, and entertainment options, complete the picture to make San Francisco highly attractive to the next generation of biotech leaders.
Small companies have big ideas and plans; helping those ideas advance from bench, to lab, to commercialization has been the hallmark of San Francisco’s leadership in this sector, and to the development of the Mission Bay area as one of the largest life sciences campuses and clusters in the world. The iHub provides a new tool for success.
San Francisco Center for Economic Development
235 Montgomery St., Ste. 1200, San Francisco, CA 94104