Daily Business Report-July 27, 2015
The EvoNexus working space for startups in Downtown San Diego
Tech Incubator EvoNexus
Looking for More Startups
Times of San Diego
EvoNexus, a nonprofit incubator for technology startups, is again accepting applications from startups to work out of its locations in San Diego and Irvine.
In May a record record 26 new companies were admitted, and EvoNexus now has 105 companies in its portfolio. The deadline for the latest round of applications is Aug. 31.
“Whether you’re a seasoned entrepreneur or a first time CEO, EvoNexus is the premiere incubator choice for innovative technology startups in Southern California. With a focus on impacting the economic growth of the region, EvoNexus provides entrepreneurs and their investors the opportunity to launch new companies and industry-changing products,” said Rory Moore, CEO of the incubator and founder of Peregrine Semiconductor.
“EvoNexus is the fastest way to launch your startup,” he added.
In partnership with the Irvine Company and over two dozen multinational companies in the technology and health sectors, EvoNexus offers 40,000 square feet of office and dry lab space at its two locations in San Diego and one in Irvine.
Unlike most other incubators, which offer small amounts of seed funding in exchange for equity, EvoNexus does not require startups to surrender equity or pay any fees for rent or services.
NFL Execs, San Diego Pols to Meet Tomorrow
NFL officials are headed to San Diego so local stadium negotiators can outline their progress on environmental approvals, explain how city voters might approve a stadium by the league’s January deadline and outline a potential overall financing plan. San Diego Union-Tribune
Miller Global Properties Acquires
Ocean Ridge Office Building in Carlsbad
Miller Global Properties has purchased Ocean Ridge, a 75,000-square-foot LEED Gold office building in Carlsbad. Ocean Ridge was 77 percent leased at the time of sale.
Located at 5796 Armada Drive adjacent to the Carlsbad Flower Fields and less than one mile from the ocean, Ocean Ridge is a three-story, Class A, multi-tenant office building. Tenants include Morgan Stanley, Charles Schwab, West Development and Maketa Investment Group.
CBRE represented the seller, an institutional pension fund adviser, and Miller Global Properties.
Vice Adm. Nora Tyson Takes
Command of Navy’s Third Fleet
City News Service
Vice. Adm. Nora Tyson became the first female commander of the U.S. Third Fleet when she succeeded Vice Adm. Kenny Floyd at a ceremony Friday aboard the aircraft carrier USS Ronald Reagan.
Most recently, Tyson was deputy commander of the U.S. Fleet Forces Command.
Previously, she commanded the USS George H.W. Bush Carrier Strike Group on its maiden deployment and was the skipper of the amphibious assault ship USS Bataan while it participated in relief operations along the Gulf Coast following Hurricane Katrina.
She has also served in numerous shore posts.
Floyd, who retires after 35 years of service, assumed command of Third Fleet in May 2013.
The Third Fleet commands naval activities in the eastern Pacific, including the U.S. West Coast and Hawaii.
Girl Scouts and SDG&E Partner to Put
Helipad In Back Country for Firefighting
San Diego Gas & Electric and Girl Scouts San Diego have finished the completion of a $150,000 helipad at Girl Scouts’ Camp Winacka that will provide a new strategic landing area for CAL FIRE and emergency responder aircraft in a high-risk fire area. The camp is near Julian.
The helipad is located 200 yards from Upper Lake at Camp Winacka. The lake became a dipping station for CAL FIRE helicopters as a result of restoration work funded by SDG&E in 2013.
With the completion of the helipad, a firefighting helicopter can be pre-positioned at Camp Winacka and load water directly from the lake, saving response time in the event of a backcountry wildfire. CAL FIRE also will use the camp for logistics training.
“Every second is critical when getting to the scene of a wildfire,” said Tony Mecham, CAL FIRE and San Diego County fire chief. “We thank Girl Scouts San Diego and SDG&E for providing a valuable asset that will help us more quickly reach small wildfires and prevent them from becoming big ones.”
The helipad and lake renovation serve dual purposes. During summer camps and weekend visits, Girl Scouts Girl Scouts can fish, canoe, and engage in science, technology, engineering and math activities, such as stargazing through telescopes and launching water rockets.
The helipad also improves the local community’s ability to respond to medical emergencies involving campers, hikers or area residents.
“We are thrilled that, by partnering with SDG&E to renovate the lake and create the helipad at Camp Winacka, we are contributing to emergency response during fire season,” said Girl Scouts San Diego CEO Jo Dee C. Jacob. “These enhancements will also provide valuable program space for thousands of Girl Scouts.”
Founding Head of San Diego
Military Advisory Council is Retiring
Times of San Diego
Larry Blumberg, the founding executive director of the San Diego Military Advisory Council, is retiring after more than 50 years of military and public service. SDMAC, as the council is known, encourages a partnership among San Diego’s military, business and public leaders to promote the region’s $40 billion defense sector.
“It has been a tremendous honor serving as SDMAC’s founding executive director for the past decade. We have grown so much as an organization in just a short amount of time — and it has been a privilege working with so many others who enthusiastically support and promote our region’s military and defense communities,” said Blumberg, who began as executive director in 2006.
Prior to joining SDMAC as its founding executive director, Blumberg served in the private defense sector and in the U.S. Navy, retiring at the rank of captain. He was the first commanding officer of a Spruance-class destroyer.
“San Diego has no greater champion of its military and defense economy than Larry Blumberg,” said Mark Cafferty, president and CEO of San Diego Regional Economic Development Corp. “Over the last few years in particular, Larry and the leadership of SDMAC have built a broad, collaborative strategy for supporting our region’s military and defense assets.”
SDMAC was instrumental in defeating an effort to move San Diego International Airport to Miramar, protected the port’s status as a strategic national port, and helped establish a treatment center for veterans suffering from post-traumatic stress disorder and brain injuries.
The organization said its board of directors expects to choose a successor by the fall.
Salk Institute President to Retire
William Brody, president of the Salk Institute for Biological Studies, will retire at the end of the year after six years in the post.
Brody, 71, first started at the institute in 2009. He was previously president of John Hopkins University, spending 12 years there.
Brody is credited with raising the institute’s financial health by launching a major capital campaign — the first in the institute’s history — in 2012. That drive raised more than its $300 million goal.
The institute will institute a nationwide search to find a replacement for Brody.