By Mike Sunnucks | Rose Law Group Reporter
The Phoenix City Council is being asked to approve a $105,000 allocation to support economic development efforts aimed at attracting more biotechnology and health care jobs to the city.
The $105,000 allocation will help support Phoenix’s footprint at the BIO International Convention next year in San Diego.
San Diego is one of Phoenix’s primary rivals in attracting bioscience jobs and investments.
Phoenix has become a national hub for biotech and health care jobs. The biomedical sector has invested more than $3.25 billion in the city creating more 8,000 jobs, according to city council documents.
The bioscience money will also be used by the city for membership with Arizona Bioindustry Association (AZBio).
The city council’s panel on economic development and equity will be briefed on Phoenix’s biotech and health care efforts at its meeting on Sept. 28.