12 JULY 12 - JULY 18, 2018
EDUCATION
BeaconMediaNews.com
The City of Monrovia sees efforts to advance the science and technology ecosystem flourish. - Courtesy photo
‘STIP Program’ With Oak Crest Institute of Science Already Yielding Great Results New incubator facility currently in development During the past few years, the city has been engaged in a directed effort to further advance the science and technology ecosystem that exists in Monrovia. Those efforts have involved facilitating the establishment of LabLaunch Monrovia, which was only the second
bio-tech incubator in the San Gabriel Valley (with the first being Pasadena Bioscience Collaborative), along with directed business attraction efforts aimed at the science and technology sector. Those efforts have produced real and meaningful contributions in
Monrovia during the past 36 months. The city has seen the addition of more than 300,000-square-feet of new office space users in the city, which have brought along with them more than 2,000 new jobs, primarily in the science, technology, and corporate office markets.