Posts Tagged ‘Jim Cordeiro’
The naming of the Marin Economic Forum’s new chief not only opens a new chapter for this important public/private partnership, but it also reinforces the Marin economy’s focus on building the county’s position as a center for the growing bio-sciences industry.
Jim Cordeiro recently took over as the forum’s chief executive officer, leading an organization the mission of which has been making sure that the economic health of our county is not left out of our decision-making process.
In recent years, the organization has been commissioned to do reports on the economic impact of Marin General Hospital, the economic benefits of the Marin Center complex, Novato’s role and position in the growing bio-sciences industry, Sausalito’s economic issues and the costs of homelessness in Marin.
These reports put important facts and figures on the table as local officials shaped plans for proposed buildings as well as long-term community planning goals.
The group has also promoted bolstering Marin’s standing as a bio-science center.
Fast-growing Bio-Marin and the important work of the Buck Institute for Aging Research are terrific cornerstones for building a center for an industry that likely won’t grow out of date.
Cordeiro, a scientist who had founded his own bio-tech company and has been active in the entrepreneurial community, should be a solid fit for the commission.
The North Bay can be a productive growth medium for biotechnology and life sciences companies, but it needs investment dollars, both public and private, and talent, say area officials working to grow the industry.
“For us, the goal is how to use data to attract more bio/life science firms and researchers to the North Bay, as well as how to retain those who have chosen to come here,” said Jim Cordeiro, CEO of San Rafael-based Marin Economic Forum.
He, along with a host of other life science industry leaders, attended the 2016 BIO International Convention in San Francisco in June, where the consensus was that this industry is complicated — and not good at communicating its core messages.
Founded in 2012, Marin Economic Forum is a nonprofit organization that collects, analyzes and disseminates information that affects local businesses while also collaborating with communities in which their employees reside. Industries targeted include biological and life sciences, agriculture, tourism, and manufacturing.
“Our goals include building greater collaboration and communication by integrating information technology into life sciences,” Cordeiro said. “This involves the use of good story-telling techniques to create an emotional connection to engage the imagination and communicate what science is all about in basic terms.”
The process begins with identifying the types of research being done today at the Buck Institute in Novato and other North Bay life science firms, as well as within the University of California system. Finding out what the life science industry wants is the first step leading to attracting capital and talent matching those needs.
“Life sciences start with capital for essential research, and there is local and private capital here for generating initial research, before seeking venture capital,” Cordeiro said. “At the same time, measurable metrics are required, as well as a strategic plan for utilizing data being collected.”
He said the end result will be a series of “product potential” models the forum can sell to life sciences firms, the community and investors going forward, as part of his organization’s plan to establish mechanisms for gaining funding support.
1,000 MORE JOBS
Cordeiro’s plans for the forum include establishing a firm connection between increasing economic development and job growth in life sciences, including a related goal to add 1,000 more life sciences jobs in Marin by 2020.
Read more at the North Bay Business Journal
A life sciences and biotech industry veteran has been tapped to lead the effort to attract and grow new business in Marin.
Jim Cordeiro, a co-founder of the now-defunct Oceana Technologies, a San Francisco-based firm, has been named CEO of the Marin Economic Forum, the San Rafael-based nonprofit.
“Jim is a great hire for this job,” said Robert Eyler, the forum’s chief economist and founding CEO. “He had a life sciences-based company and he was CEO of that company — he knows the industry very well. Jim also comes with some nonprofit board experience, where there was a political advocacy piece of it.”
Cordeiro, a 42-year-old Novato resident, succeeds Steve Lockett, who relocated to North Carolina after a half-year stint in the post, the forum announced last month.
Cordeiro has 18 years of industry experience working as a leading scientist at Nodality, Affymetrix and other biotechnology and academic organizations.
“One of the things the Marin Economic Forum is likely to do is get a little more involved in higher-level socioeconomic and sociopolitical issues in Marin County that affect Marin County business, and Jim has some experience in that, too,” Eyler said.
Cordeiro has served as an adviser and on the board of directors for the Pacifica Education Foundation, which has a focus on 21st-century learning and technology.
Marin Economic Forum’s $400,000-a-year budget is funded by the county of Marin, contributions from businesses and individuals, and revenue generated from economic reports prepared by the forum. The county provides matching funds up to $150,000 per year. Founding sponsors, who contribute a minimum of $10,000 a year, include Autodesk, Bank of America, Kaiser Permanente, Marin General Hospital, Whole Foods Markets, the city of Novato and the county of Marin.
The Marin Economic Forum has teamed with the city of Novato, the Buck Institute and other regional organizations to form the North Bay Life Sciences Alliance to promote further biotech development in the North Bay.
“The focus of the economic forum is how we can build a sustainable pipeline in the innovation space and life sciences,” Cordeiro said. “Through partnerships and collaborative efforts we are working on with them to commercialize the intellectual property that is generated through them.”
Marin Supervisor Judy Arnold, vice president of the forum’s executive board, said Cordeiro’s resume is impressive and he will serve the nonprofit well.
“He comes from a focus in life sciences, and the Marin Economic Forum is focusing on bringing more of that to Marin,” she said. “We are very excited about the possibilities to grow and for Marin County to become more of a go-to place for businesses and work.”
Cordeiro said there is room to grow in the existing industry, pointing out Marin’s biotech and life sciences leaders, including BioMarin Pharmaceutical Inc., Ultragenyx Pharmaceutical, Raptor Pharmaceutical Corp. and Cytograft Tissue Engineering,
“Life sciences is my background — it’s a passion of mine,” Cordeiro said. “These are the kind of jobs we want to make available, so people can afford to live and work here.”
Cordeiro holds a bachelor’s degree in marine biology from the University of California at Santa Cruz as well as several patents.
For Immediate Release
Marin Economic Forum Names
Jim Cordeiro Chief Executive Officer
Brings Biotech, Entrepreneurial
Background to New Post
Novato—June 7, 2016—The Marin Economic Forum (www.marineconomicforum.org) today announced the appointment of Jim Cordeiro as chief executive officer of the organization which provides data and information to help businesses and supports local governments economic development efforts for sustainable growth.
Before joining Marin Economic Forum (MEF), Cordeiro co-founded Oceana Technologies and worked as a leading scientist at Nodality, Affymetrix, and other biotechnology and academic organizations.
“Jim brings a diverse set of skills to us,” said Haden Ongaro, MEF board president and executive vice president of Newmark Cornish & Carey. “While unemployment remains low in the county, we face continuing challenges about how to attract new businesses and how to retain those who have already chosen Marin. Business development is driven by a constant need for data and trend analysis, particularly for businesses looking to expand or to relocate here. Jim’s background in the biotech industry and his entrepreneurial background are perfectly aligned with the Forum’s needs.”
Founded in 2012, MEF enables Marin’s economic stakeholders to collaborate to improve the County’s economic vitality, focusing on targeted industries while enhancing social equity and protecting the environment.
“Marin County is an important part of a regional and global economy,” Cordeiro said. “Our companies, particularly in the bio-sciences, have enormous influence beyond our area. As a result, our economy is also impacted by developments and pressures from many different directions. It is important that the businesses in our community have MEF, which collects, analyzes and disseminates information that affects their business and also collaborates with the communities in which their employees reside.”
MEF works with private sector companies, chambers of commerce, county and municipal governments, educational institutions and organizations supporting workforce employment and consumer groups. Industries targeted by MEF include agriculture, bio/life sciences, tourism and manufacturing.
“Over the years, MEF has developed a well-deserved reputation for the rigorous nature of its economic research and for its collaboration with Marin businesses and municipalities,” he said. “My experience in the sciences and technology fit nicely with the growth segments of Marin economy. We are constantly working to improve our ability to deliver timely data and information to businesses and local governments as they strive to support sustainable economic development.”
Cordeiro, a graduate of UC Santa Cruz, replaces Steve Lockett, who relocated to North Carolina.
About Marin Economic Forum
The Marin Economic Forum (www.marineconomicforum.org) is a nonprofit organization created as a public-private partnership in 2012. The founding sponsors are: Autodesk, Bank of America, City of Novato, County of Marin, Kaiser Permanente and Marin General Hospital. Additional information is available at (415) 483-9332.