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Daily Business Report

Daily Business Report-Tuesday, July 6, 2021

Professor Joely Proudfit appointed to
Commission on the Status of Women and Girls

Cal State San Marcos professor Joely Proudfit has been appointed by California Gov. Gavin Newsom to the Commission on the Status of Women and Girls. Established as a state agency in 1965, the commission identifies and works to eliminate inequities in state laws, practices and conditions that affects California’s women and girls.  

Proudfit was appointed to the commission on June 25, and her four-year term begins immediately. She joins 13 other commissioners in the body and is one of only two from San Diego County.  

Proudfit, who has served as chair of American Indian studies and director of the California Indian Culture and Sovereignty Center at CSUSM since 2008, said she is excited to bring to the commission an increased awareness of issues impacting Native women and girls, such as health and wellness, media representation, Missing and Murdered Indigenous Women (MMIW), economic security, and educational equity. 

In addition to her academic work at CSUSM, Proudfit is the founder of two companies: Naqmayam Communications (NaqCom), a public relations agency that acts as a liaison between American Indian and non-American Indian organizations and agencies; and Native Media Strategies, which provides resources that help foster more authentic representation of Native American and indigenous peoples in Hollywood. 

Hosts Dr. Silvia Mah, Elaine Swann and Raven O’Neal take the stage at Women’s Venture Summit 2020.

Women’s Venture Summit returns Sept. 17-18

Stella Labs, Stella Angels and Ad Astra Ventures will host the Women’s Venture Summit on Friday and Saturday, Sept. 17-18 from 9 a.m. to 1p.m. By bringing together noteworthy investors and women in business, the two-day event aims to turn the tide and maximize access to capital for female founders. To date, the conference has helped women raise more than $18 million in seed capital, the sponsors said/

“In the wake of COVID-19 which has been especially harmful to working women, events like Women’s Venture Summit are a critical way to breathe connections, opportunity and money into working women’s lives,” says Stella Labs Executive Director Raven O’Neal. 

The Summit will also showcase the final round of the annual summertime Women’s Fast Pitch Competition.Held across six regions in six weeks, the finalist from each region will compete on Day Two of the Summit and one winner will take home a $10,000 investment. 

To view the full speaker lineup for the two-day event,  visit http://www.womensventuresummit.org

Now available, early-bird founder tickets start at $69 and investor tickets start at $119.  

Kaiser Permanente and Tri-City Medical Center
announce partnership to expand services

Kaiser Permanente San Diego and Tri-City Medical Center announced a growing partnership to deliver expanded service for North County families seeking health care.

With the new agreement, Tri-City Medical Center becomes a Plan Hospital for Kaiser Permanente, enabling Kaiser Permanente members to access care at Tri-City Medical Center. Services provided include inpatient hospital care, emergency department access, surgical services, and specialty procedures for Kaiser Permanente members in North County and surrounding communities. 

Kaiser Permanente San Diego currently operates the San Diego Medical Center and Zion Medical Center in central San Diego; and offers outpatient care at 26 medical offices and target clinics throughout San Diego County – including eight in North County.

Activity Business Center
Hines acquires Activity Business Center

Activity Business Center, a five-building multi-tenant industrial development in the Miramar area of San Diego, has been acquired by Hines, the international real estate firm. The seller was BKM Capital Partners.

Spanning nine acres, Activity Business Center consists of five 1- and 2-story buildings at 9235-9265 Activity Road and 9520-9530 Padgett St. The buildings feature expansive windows for abundant light, clear heights ranging from 10 to 20 feet, and exceptional flexibility to accommodate a variety of users.

Approximately 90 percent were leased at the time of sale.
Cushman & Wakefield’s Bryce Aberg, Jeffrey Cole, Jeff Chiate, Zach Harman, Mike Adey and Ed Hernandez of the firm’s National Industrial Investment Advisory Group in Southern California, together with Rick Reeder and Brad Tecca of the firm’s Capital Markets in San Diego, represented both buyer and seller in the transaction. Cushman & Wakefield’s Brant Aberg and Chris Duncan of VOIT Real Estate also provided market leasing advisory.

Mayer Hall, shown with the iconic breezeway to Bonner Hall.

Mayer Hall recognized for historical

contributions to physics

The American Physical Society has designated UC San Diego’s Mayer Hall as a historic site in recognition of research conducted by physicists Walter Kohn and Lu Jeu Sham on density functional theory.

Their development of the “Kohn-Sham equation” inside Mayer Hall became the foundation for the computation of the material properties of electrons and nuclei.

Understanding the electronic properties of complex systems is essential to the design and engineering of new materials and drugs. Kohn and Pierre Hohenberg on sabbatical in Paris developed a theorem for the electron ground state energy to depend on the electron density distribution instead of the usual potential energy due to the nuclei.

Read more…

AbacusNext and Zola Suite create portfolio
of legal practice software products

AbacusNext, a software provider for legal and accounting professionals, and Zola Suite, a Software as a Service (SaaS) legal practice management software provider, announced they are combining to create the strongest portfolio of legal software solutions on the market. As part of this portfolio, customers will now have access to products including Zola Suite, AbacusLaw, Amicus Attorney, Office Tools, HotDocs and Abacus Payment Exchange (APX).

The combination brings together Zola’s award-winning suite of native SaaS practice management products with AbacusNext’s 35+ year history as an industry-leading software provider in the legal and accounting markets.

“We are thrilled to bring together two industry leaders to deliver cutting-edge software solutions to our customers,” said Scott Johnson, CEO of AbacusNext. “Together, we will create many opportunities to better serve our customers with fully integrated, modern SaaS solutions, while accelerating growth for the combined business.”

Said  Fred Cohen, founder and CEO of Zola, “This partnership with AbacusNext will allow us to supercharge our pace of innovation and leverage the collective expertise across the AbacusNext ecosystem to deliver unrivaled tools for law firms around the world.”

Sorrento Therapeutics, U.S. Navy to
deploy COVID-19 tests and treatments

Biotech firm Sorrento Therapeutics and a U.S. Navy research lab have embarked on a five-year collaboration to test new coronavirus treatments and tests. The partnership gives U.S. Naval Medical Research access to Sorrento’s COVID-19 tests and therapies, which the Navy will use to monitor and treat cases at its field sites in Liberia, Djibouti, Egypt, and Ghana.

Read more…

Infinium Spirits relocates corporate
headquarters to Downtown San Diego

Infinium Spirits, formerly headquartered in Orange County, has relocated its corporate headquarters to the hear of San Diego’s Gaslamp Quarter. As part of its relocation, the company has formed a new partnership with local marketing firm Dream Hahn to further activate its Templeton Rye and San Diego Padres sponsorship.

Read more…

Applications now open for the Startup
San Diego Entrepreneur-in-Residence program

Applications for the Startup San Diego Entrepreneur-in-Residence program are now being accepted. It’s a year-long residency for six local serial entrepreneurs.

The Startup San Diego Entrepreneur-in-Residence (EIR) program is one of the most selective and prestigious programs for entrepreneurs looking to build community, grow an organization, and get connected to the most influential members of the San Diego startup ecosystem. Startup SD EIRs are organized within 3 teams: Community, Marketing & Programs. The remainder of 2021 programming will be virtual with the goal of hybrid experiences starting 2022.

Click here to apply

Berger Montague relocates San Diego
office to 401 B St. in Downtown

Berger Montague’s San Diego office has moved to Downtown San Diego at 401 B St., Suite 2000. Associate Sophia Rios will continue managing the firm’s San Diego office.

The irm’s San Diego office opened in July 2019 with an initial focus on bolstering its securities litigation practice. That focus quickly expanded to include antitrust and consumer protection litigation as well, necessitating a more convenient space in Downtown.

“We are excited to relocate to Downtown San Diego where we will be at the center of the San Diego legal community and be able to more easily serve the needs of the firm’s clients,” said Rios. “The new office will be an excellent location for Berger Montague to continue expanding its presence in California.”

Berger Montague PC is a national law firm headquartered in Philadelphia with additional offices in Minneapolis, San Diego, and Washington, D.C. 

Kratos developing hypersonic flight
experiment test vehicle in Maryland

San Diego-based Kratos Defense & Security Solutions Inc. announced that its Defense & Rocket Support Services Division has received a contract from the Navy Surface Warfare Center Port Hueneme Division, White Sands Detachment to develop a hypersonic, experimental test vehicle to perform flight tests for the maturation of high-speed flight technology for missile defense and hypersonics research.

Kratos DRSS is a leading provider of products and solutions in support of ballistic missile targets, hypersonic systems, sub-orbital research, sounding rockets, directed energy and laser program systems. Work under this contract will be performed at a secure Kratos facility in Glen Burnie and other vendor locations, bringing new jobs to Maryland.

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