Science & Technology
Bioscience Los Angeles County Inc
CULVER CITY, CA
Total revenue
$360K
Total expenses
$1.4M
Net assets
$832K
Grants received
$515K
3 grants
EIN
832720515
Tax year
2024
Mission
Biosciencela's mission is to ensure that los angeles has a collaborative, well-coalesced ecosystem that encompasses all aspects of the southern california life sciences cluster - biotechnology, pharmaceuticals, medical devices, medicaldiagnostics, bioinformatics, healthcare it, medtech, digital health, and more.
Programs
3 programs
Branding & communications: in partnership with other stakeholders, biosciencela will help tell los angeles' life sciences story to the world. From its world-class research and entrepreneurial culture to its growing commercial successes, the region will intentionally build a life sciences brand for la as an international innovation hub. Investments will be made in: developing and communicating an identity; celebrating new discoveries, entrepreneurs, and partnerships; and calling out the region's many indigenous life science assets across a large and diverse geography.
Start-up activity:biosciencela will deploy selected funds, capabilities, talents, and resources to accelerate the pace of local commercial life sciences activity, focusing especially on the growth and retention of start-up companies. We will do so by supporting: new capital formation and deployment targeting early-stage companies; new commercial lab space; incubating, accelerating and coworking spaces, and other infrastructure to serve a constellation of thriving research hubs across the region. Biosciencela also will support the networking of local entrepreneurs, scientists, mentors, consultants, investors, and other professionals to better connect seasoned talent and coaching to emerging enterprises.workforces addition to growing the pool of executive and operating talent for start-ups, biosciencela will better align the public sector's workforce investments to stakeholder needs. Biosciencela will tailor regional workforce resources to industry requirements and leverage those resources with private funds and expertise. Biosciencela may fund programs that increase the stem pipeline, give local students direct exposure to entrepreneurship, and add diversity to the life sciences sector.
Regional collaboration:biosciencela will facilitate the formation and execution of a shared vision, strategy, and a high level of engagement among government, industry, academia, start-ups, and the investment community of southern california. We will help establish a well-coalesced ecosystem via facilitation, events, engagement, and delivery of coordinating grants, investments, and incentives to los angeles county stakeholders. We will engage the region's family offices and angel networks to integrate them into life sciences investment opportunities. We will help companies navigate the tech transfer and commercialization pathways in the region.biosciencela will also participate and reinforce existing collaborations of countywide benefit in support of our valued stakeholders.
Financials
FY 2024
Revenue
Expenses
People
18 listed
STEPHANIE HSIEH
CEO
$209K
40 hrs/wk
DAVID WHELAN
CEO
$119K
40 hrs/wk
ARATI DESAI WAGABAZA
COO
$84K
20 hrs/wk
JILL VAN
CFO
$26K
8 hrs/wk
MICHAEL HSIEH
CFO
$18K
8 hrs/wk
DINA LOZOFSKY
Director
—
1 hrs/wk
HARLAN LEVINE MD
Secretary
—
1 hrs/wk
JESSICA DROGE
Director
—
1 hrs/wk
PETER M MOGLIA
Treasurer
—
5 hrs/wk
ROHIT SHUKLA
Director
—
0SHLOMO MELMED MD
Director
—
1 hrs/wk
STEPHEN J UBL
Director
—
1 hrs/wk
SUSAN R WINDHAM-BANNISTER PHD
Chairman
—
1 hrs/wk
KELLY LOBIANCO
Director
—
1 hrs/wk
JESSICA BARNETTE
DIRECTORS, OPS &PR
$91K
40 hrs/wk
ALEJANDRA D ARZOLA
MANAGER
$59K
40 hrs/wk
KARINA I MONTES
STAFF
$42K
0SRIHARINARAYANA BATCHU
COMMUNITY & BUSINE
$31K
40 hrs/wk
Independent contractors
WABAN ADVISORS INC
BUSINESS CONSULTING
Grants received
Showing 3 of 3
Funded by
$515K from 2 funders · 3 grants · 2019–2024
$265K · 2 grants · 2020–2024
$250K · 1 grant · 2019