|May 11, 2015
2nd Qtr 2015 off to rousing start, Bay Area Business Roundtable secures significant business agreement with Silicon Valley’s Pharmacyclics, net jobs for trained graduates
For Immediate Release:
Oakland, CA— The Bay Area Business Roundtable (BABRT) has signed a significant agreement with Silicon Valley based Pharmacyclics, PCYC (NASDAQ)www.pharmaclyclics.com. BABRT founder and executive director, Bernard Ashcraft says of this major accomplishment, “We are currently establishing a strategic plan to build our infrastructure for an effective roll out to meet goals and objectives. All Roundtable projects require a multifaceted approach to improve system wide policies and practices.”
BABRT is a California 501c(3) Non-Profit Corporation is a coalition of organizations and individuals dedicated to ensuring fairness and equity for small, local, emerging businesses in public and private contracting sector.
Each month, BABRT convenes a gathering of business, community and academic leaders who exchange contacts and information on business opportunities in the greater Bay Area. Spotlight Awards are given to local leaders that demonstrate intellectual fortitude, vision, services and strategies to propel local economies. Last month, BABRT recognized Oakland Mayor Libby Schaafalong with Davis Street Family Resource Center Executive Director, Rose Padilla Johnson. Both Schaaf and Johnson are longtime advocates of community development.
Ashcraft expounds on the prestige of this Memorandum of Understanding (MOU) withPharmacyclics:
Economic Benefit–Job Creation/new employment opportunities for East Bay residents in the biotechnology industry; creates higher wage base and higher skilled careers. Its greater economic inclusion corresponds with more robust economic growth for the entire population.
Increased tax revenue–new jobs and new businesses generate a larger, more diverse tax base to support public services and contribute to many facets of community livability and health
The MOU could very well pave the way to gain more access to Silicon Valley industries and serve as a model for other companies. The Roundtable will seek access to many other companies over the next 12 months.
The MOU will be posted at BABRT’s website, www.babrt.org
Making a difference
For over 20 years, acting as a trusted intermediary, BABRT has bridged societal gaps between business and communities by leveraging its connections to serve the needs of both business and communities.