DEPARTMENT: Economic Development
DEPARTMENT HEAD: Rene Dominguez
COUNCIL DISTRICT(S) IMPACTED: All
SUBJECT:
Briefing by BioMed SA on the organization's progress and plans for FY2018.
SUMMARY:
Ann Stevens, President of BioMed SA, will provide a briefing on BioMed SA's efforts and accomplishments in 2017, and the organization's initiatives and opportunities in 2018.
BACKGROUND INFORMATION:
Founded in 2005, San Antonio industry and community leaders formed BioMed SA to build upon the city's biomedical and healthcare assets and raise the local industry's profile nationally and internationally. The City, Bexar County, and CPS Energy provided founding grants to establish the organization as a public/private partnership. Following the organization's designation as a non-profit, 501(c)(6), BioMed SA hired Ann Stevens as its first president, a role which she maintains today. In 2015, the organization became a 501(c)(3) entity under the BioMed SA name, and continues today as a non-profit, membership-based organization. BioMed SA lists over 100 member and partner organizations, including the City, the San Antonio Economic Development Foundation (SAEDF), CPS Energy, leading San Antonio bioscience and healthcare companies, and other private sector companies, organizations, and academic institutions.
At its inception, BioMed SA's mission was to "organize and promote San Antonio's healthcare and bioscience assets to accelerate growth of the sector and enhance San Antonio's reputation as a city of science and health." The organization later expanded its original mission statement, adding greater emphasis to supporting industry growth and development alongside industry promotion and marketing. Today, BioMed SA works "to accelerate the growth of the healthcare and bioscience sector, create regional economic benefit, and contribute to the health of San Antonio and beyond by establishing San Antonio as a leader in healthcare and bioscience."
As part of this mission, BioMed S...
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