Why Use Foreign Trade Zone #3 ?
San Francisco has become an international hub for a number of pioneering, forward-thinking industries including –
- Clean Technology / Green Technology
- Clean Tech Clusters / Eastern Waterfront Clean Technology Campus
- The Mission Bay Biotech Cluster
- Life Sciences & Health Care
- Information Technology & Digital Media
- Bay Area Venture Capital Visionaries
These programs include access to local, state and federal tax credits; energy-efficiency programs and employee training funds; employee recruitment, training and retention services; and site location assistance to help facilitate start-up, expansion or relocation.
Clean & Green Technologies. From renewable energy to alternative transportation to advanced materials, the collection of goods and services known as Clean Tech has become one of the fastest growing segments of the new economy. Driving this growth is a highly favorable confluence of entrepreneurial talent, venture capital, and media attention. At the center of this advantageous mix sits San Francisco – the world-class city that anchors our nation’s most dynamic clean technology corridor. San Francisco boasts a deeply engrained culture of innovation, a rich network of venture funders, clean-tech companies, prominent centers of academic excellence, and a number of forward looking government policies that is driving the demand for clean technology solutions.
Clean Tech Clusters. There are numerous examples that demonstrate the advantage of locating in proximity to similar businesses - opportunities for collaboration, the sharing of infrastructure, and aggregating resources to name a few. To this end, San Francisco’s eastern waterfront, adjacent to the internationally renowned Mission Bay biotech cluster, is the proposed home of a two million square foot Clean Technology Campus. This plan also includes a dedicated "incubator" devoted to nurturing early stage clean tech ventures. Adding foreign trade zone and service capability adds to this rich mixture.
The Mission Bay Biotech Cluster. San Francisco’s cutting-edge Mission Bay was designed to be the world’s most competitive biotech cluster, bringing together an unmatched combination of talent, research, capital, and industry. As the premier destination for innovation, collaboration and commercialization of life science discoveries, the Mission Bay cluster is anchored by the 43-acre Mission Bay campus of the University of California San Francisco (UCSF), the world's preeminent biomedical university; QB3, a cooperative effort among three campuses of the University of California and private industry; the California Institute for Regenerative Medicine (CIRM), the newly formed $3 billion state agency dedicated to funding stem cell research; a state-of-the-art hospital that will serve women, children and cancer patients; the Gladstone Institute; and numerous cutting-edge biotech companies—Merck, Fibrogen, FivePrime Therapeutics, Prosetta and Pharmion.
Life Sciences and Health Care. As the birthplace of biotech, San Francisco offers biotechnology and life-science companies unparalleled opportunities for collaboration, innovation and discovery. Located in the heart of the largest and most respected biotech community in the world, the San Francisco Bay Area is home to four world-class research universities and supports a life-science workforce of 90,000 who work at more than 1,300 biotech companies.
Information Technology & Digital Media. Recognized worldwide as the birthplace of the multimedia revolution, San Francisco continues to be the location of choice for digital media companies. By locating in San Francisco, these businesses find themselves at the center of the country’s primary digital media hub, with some of their largest and most respected contemporaries nearby—including Pacific Data Images, Dolby, Pixar Studios, Adobe Systems, WILDBRAIN, Orphanage Animation Studios, LucasFilm, LucasArts, Industrial Light & Magic, Google, Riverbed Technology, Advent, Microsoft, Bebo.com, Cisco Systems, CNet Networks, Autodesk, Wikimedia Foundation, Yahoo! and Service Source, among others.
Bay Area Venture Capital Visionaries. Clean technology has become the 6th largest venture investment category in the U.S. and Canada, and San Francisco is at the heart of the deepest, greenest pockets in the country. In fact, companies locating in San Francisco will be able to tap into the highest national investment in clean technology—with deployed capital totaling more than $5.18 billion in 2007.
ChinaSF. China's re-emergence as one of the world's largest and strongest economies provides unprecedented economic opportunities for San Francisco. San Francisco has enjoyed deep cultural and economic ties with China for more than 150 years. The city is well known across China, and because more than 25% of the City's population is of Chinese ancestry, there is no other place in North America where Chinese business men and women will feel more comfortable and welcome. Many San Francisco companies, including our leading legal, financial, architecture, engineering and technology firms, are already doing business in China. But as China's economy continues to mature, more and more Chinese companies will need to establish North American headquarters and business operations—and San Francisco should be their first choice. San Francisco's ChinaSF initiative is here to help Chinese companies in every stage of the decision-making and relocation process. San Francisco's China Economic Development Initiative, ChinaSF, has bilingual staff and offices in San Francisco and Shanghai to support this century and a half-long exchange of ideas and innovation.
For more information contact:
Brendan O'Meara, Maritime Marketing Manager
ph: 415-274-0458 • fax: 415-274-0528
Port of San Francisco | Pier 1, The Embarcadero | San Francisco, CA 94111