Kickoff Session on California's Biotech Loan Program

The first public meeting dealing with creation of the biotech loan program of the California stem cell agency will be held next week at locations in Los Angeles, San Francisco and Pleasanton.

The loan effort is expected to run upwards of $750 million a year and will be aimed at businesses. If you represent a business and expect to be seeking a loan from CIRM, now is the time to begin monitoring this effort and making suggestions.

Here is a link to next Tuesday's agenda, which contains nothing more than a listing at this point. The main item is development of a work plan. But given that this is the first meeting, the session could be wide-ranging.

The primary location for the meeting is in Los Angeles with teleconference locations in San Francisco and Pleasanton.