Daily Business Report: June 28, 2021
Philanthropists give $3.5 million to UC San Diego
Health Sciences to support heart disease research
Philanthropists Steven M. Strauss and Lise N. Wilson have donated $3.25 million to University of California San Diego Health Sciences to open a new research center geared toward creating novel treatment options that will slow or halt the progression of heart disease.
The Steven M. Strauss and Lise N. Wilson Center for Cardiomyopathy will be the first cardiomyopathy center in San Diego, providing leading research and treatment in the region. The center will focus on developing critical insights into the etiology, diagnosis and treatment of cardiomyopathy; restoring the health and wellbeing of those with heart failure; and educating future generations of clinicians and scientists, with a commitment to providing world-class care in a diverse and inclusive environment.
In addition to the $3.25 million gift, an additional $1.75 million will be raised by UC San Diego for a total pledge amount for the center of $5 million.
The center will operate from UC San Diego School of Medicine and within the Cardiovascular Institute at UC San Diego Health. There, leading scientists, cardiologists and researchers will collaborate to identify tools needed for diagnosis and prevention, develop new treatment options and clinical trials, and train the next generation of researchers in the field.
PHOTO: The Steven M. Strauss and Lise N. Wilson Center for Cardiomyopathy will operate within UC San Diego Health. (Courtesy of UC San Diego)
Village Merchants Association proposes
adding farmers market on Wall Street
A La Jolla Village Merchants Association proposal to explore starting a new Thursday night farmers market on Wall Street is likely to run into opposition from an existing community market, as well as from some residents against commercial use of the streets or public right-of-way.
An attempt several years ago to establish a farmers market in Bird Rock near the Methodist Church at 6063 La Jolla Blvd. failed due to opposition from La Jolla’s existing farmers market at La Jolla Elementary School. Some residents in the surrounding Bird Rock neighborhood fearful of possible parking and traffic problems associated with a new market were also against the concept.
“In looking where we were going with lost revenue and revenue that could be amplified, what really came to light is that almost every business district has a farmers market,” Jodi Rudick, Village Merchants Association’s executive director told the business improvement district’s board on June 9. “We have a farmers market in La Jolla that is outside of our business district. A farmers market is a very easy, and very expected, way of energizing a community. We’d like to explore the possibility of doing a public market.”
Rudick said the proposed public market would be qualitatively different than the existing 23-year-old La Jolla Open Aire Farmer’s Market at La Jolla Elementary School held Sundays at the corner of Girard Street and Genter Avenue from 9 a.m. to 1 p.m.
By Dave Schwab, sdnews.com
Realtors group program will present
tips on how to avoid litigation
The Pacific Southwest Association of Realtors (PSAR) will present a free, in-person presentation on litigation avoidance by Attorney Fred Pfister from noon to 1:30 p.m., Thursday, July 8, at the PSAR South County Service Center, 880 Canarios Court, Chula Vista. A free lunch will be served. The presentation also will be available online over Zoom.
Discussion topics will include potential risks during a hot market, tips when buyers are asked to remove inspection and appraisal contingencies, documents that can protect buyers and sellers and advice when disputes arise due to multiple offers.
County supervisors to take up proposed
$7.03 billion budget on Tuesday
The County of San Diego’s $7.03 billion recommended budget for fiscal year 2021-22 will go before the Board of Supervisors for deliberations and adoption starting at 2 p.m. on Tuesday, June 29.
The board will also consider $201.4 million in additional proposals through change letters that have been submitted since the May 6 release of the recommended budget.
The Chief Administrative Officer’s recommended budget is designed to reflect residents’ needs and build a Framework for the Future that will fundamentally change County operations.
The recommended budget plan is part of a two-year operational plan that will help determine how the County spends its resources.
Study: Cybersecurity cluster faces talent
shortage amid productivity gains
Together with CCOE and Booz Allen Hamilton, EDC released the second study in a series — Securing the Future: AI and San Diego’s Cyber Cluster — which quantifies the economic impact of the region’s cybersecurity cluster and explores the proliferation of AI and ML technologies being used to thwart cybercrimes, among other critical needs by the private sector and government.
Rady Children’s Institute for Genomic Medicine,
Illumina deliver diagnosis in record time
After an abnormal CT scan, a 13-week-old patient at Rady Children’s Institute for Genomic Medicine received a life-saving diagnosis in a record 13.5 hours, thanks to whole-genome sequencing provided by Illumina technology.
Asian Business Association receives $150,000
from AT&T to aid Asian-owned businesses
The Asian Business Association San Diego received $150,000 to continue providing free resources to Asian-owned business, and advocate for inclusive economic development across the San Diego region. The business group was one of 19 organizations across California to receive donations from AT&T and WarnerMedia as part of a nationwide campaign to combat Asian hate.
