A study by SANDAG released last week found that the direct, indirect, and induced economic impact of the algae biotechnology research and manufacturing industry generates a total of approximately 1,020 total jobs, $80 million in wages, and over $175 million of economic output to the San Diego region.
As algae biotechnology has grown and matured, we recognize that California is an ideal location to build both the research as well as the production aspects of algae biotechnology. The range and diversity of algae biotechnology research and industry throughout California provides a unique opportunity to make considerable advances in the field, and with Cal-CAB, we are creating and maintaining cooperation, and facilitating joint research efforts and commercial partnerships.
Director, California Center for Algae Biotechnology
Cal-CAB is part of a UC San Diego Organized Research Unit called Food & Fuel for the 21st Century (FF21). Visit the FF21 site for more info.