“The Legislature and Governor Newsom’s decision to invest in BEAM Circular is great news—a win-win for the Northern San Joaquin Valley and the rest of California,” McNerney said. “It will bring high-quality jobs, benefit farmers and growers, and accelerate wildfire solutions, while helping the state meet its climate goals.”
In The News

$9.8 Million Secured to Develop Bioeconomy Innovation Campus in North San Joaquin Valley

A major investment in California’s clean technology future was announced this week, as BEAM Circular confirmed it has secured $9.8 million in funding to launch the California Bioeconomy Innovation Campus in the North San Joaquin Valley. The campus will serve as a hub for advancing technologies that transform agricultural waste, food scraps, and forest residues into renewable energy, sustainable materials, and other biobased products.

The new funding includes $8 million from the recently enacted 2025 California State Budget and an additional $1.8 million in Catalyst Funding through the California Jobs First Program, delivered by regional economic development group North Valley THRIVE.

Senator Jerry McNerney and Assemblymember Rhodesia Ransom led the official state budget request that secured the $8 million allocation. McNerney praised the investment as a win for jobs, climate, and innovation.

“The Legislature and Governor Newsom’s decision to invest in BEAM Circular is great news—a win-win for the Northern San Joaquin Valley and the rest of California,” McNerney said. “It will bring high-quality jobs, benefit farmers and growers, and accelerate wildfire solutions, while helping the state meet its climate goals.”

 

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