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March 23rd, 2004

S.F. woos firms to boost its economy

Mayor Gavin Newsom unveiled plans to capture more businesses for his city with a program that could intensify the economic rivalry between San Francisco and the East Bay. Biotech, life sciences, nanotech and "green technology" companies are at the top of the mayor's list of the type of industries he is most interested in attracting. Newsom also said he would ask the Board of Supervisors to revive a tax credit for biotech and nanotech firms that create new jobs in San Francisco.

Contra Costa Times

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