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How we help companies

“With an operational presence in San Diego, InterDigital will be able to more easily tap into the pools of talented graduates from top universities in the region.”

Naresh Soni
Chief Technology Officer, InterDigital

The San Diego Regional Economic Development Corporation (EDC) serves local companies by providing them with the access to critical partners to accelerate their growth prospects, the data and research to make well-informed decisions, the advocacy to maximize their investment and the positioning needed to raise their profile and open up new opportunities. 

Key Support Services

EDC staff work every day to support dozens of local, national and global businesses thinking about their growth potential in the San Diego region. To this end, the EDC team provides services in support of key decisions being made that affect local jobs.

Access

We connect you to the right people. Whether it is finding the right talent, necessary capital to grow your business or connecting you to industry peers, EDC leverages its network of partners to help companies grow in our region. We will serve as your advocate with local government agencies, facilitate introductions to industry trade associations and other private organizations throughout our region.

  • As part of EDC’s efforts to increase San Diego’s global competitiveness, EDC and World Trade Center San Diego worked in partnership with the San Diego Tourism Authority to support the San Diego County Regional Airport Authority in bringing Condor’s nonstop service to Frankfurt, Germany and Edelweiss' nonstop service to Zurich, Switzerland. Making the case for San Diego, WTC San Diego provided data and research on economic ties to the European innovation hubs.
  • In support of Nordson Corporation’s expansion along the 78 Corridor, EDC coordinated with the city of Carlsbad to uncover site issues, expedite review and provide business liaison services to support the company’s move into a 93,000 square feet manufacturing facility, adding more than 500 regional jobs.
  • Alongside cross-border partners, EDC facilitated the expansion of Thermo Fisher Scientific’s software development operations in Tijuana - just an hour from its Carlsbad operations. EDC coordinated several exploratory trips across the border to make the business case and determine availability of software talent, supporting nearly 100 new jobs.
  • The city of San Diego and EDC worked in lock-step with BD – the world’s largest medication management company – to streamline processes and ensure the newly-integrated company continues to flourish in San Diego, employing more than 3,000 people in the region. 
  • Responding to Qualcomm's announcement of a reorganization process, EDC worked with Qualcomm's HR team to provide resources, entrepreneurial support and expedited transition for impacted employees to other San Diego employers and incubators.

Research 

The foundation of good business decisions start with strong data. EDC provides customized research to local companies to give them the edge they need to make well-informed decisions. EDC also conducts research that provides a baseline of industry data to encourage and support economic investment.

  • EDC releases a Quarterly Snapshot and monthly Economic Pulse to analyze key economic metrics important to understanding the regional economy and San Diego’s standing relative to other major metropolitan areas in the U.S. The reports feature spotlights on specific industries, relevant legislation, an economic outlook for the year or a special topic, such as San Diego’s workforce.
  • EDC responds to Requests for Information (RFI) to attract, retain and grow companies in San Diego. Each response is tailored to a company’s needs whether they require information on economic trends, data on San Diego industry clusters, material on local/state/federal business incentives, or facts about the quality of life and how it affects a company’s success in the region. 
  • EDC researches key industry clusters and relevant legislation to educate community and civic leaders to ensure regional growth and industry preservation. Q3 2016 saw the release of San Diego and the Trans-Pacific Partnership, which explains how San Diego’s unique economic assets position the region to realize relatively greater benefits from TPP than the U.S. as a whole.

Advocacy

We coordinate and conduct outreach to discuss issues affecting companies' capacity to stay and grow in the region. EDC works with elected officials, university leadership and other policy makers to facilitate your needs whether your concern is workforce, infrastructure, transportation or housing, among others.

  • Following a dense application process, EDC and the city of San Diego were awarded a $1.6 million grant from the Department of Defense (DoD). The OEA Grant will enable EDC and several regional peers to develop programs to enhance the resiliency of the region’s defense industrial base – connecting the DoD to local businesses.  
  • On behalf of Northrop Grumman Corporation, EDC advocated for the California Legislature to pass Senate Bill 718 which levels the playing field for aerospace tax credits for contractors throughout the State.
  • EDC aided Hunter Industries, the largest private employer in San Marcos, with an application for the California Competes Tax Credit. EDC worked with Hunter to develop and position their application within the Governor’s Office of Business and Economic Development (GO-Biz). The company was awarded $850,000 in tax credits to create more than 130 jobs, and will invest more than $58 million in the community in the next five years.

Positioning

We work through local, state, national and international communication channels to elevate the region, leading industry sectors and individual companies. Our regularly distributed publications showcase investment in the region and news in a wide spectrum of industries. 

  • In Q1 2016, World Trade Center San Diego targeted its global focus in Japan as a part of SelectUSA, the federal government’s investment attraction agency. Representatives from Japanese firms deeply entrenched in San Diego’s economy – Takeda Pharmaceuticals, Denso, Nitto Denko – joined WTC in telling our region’s innovation story to investors in attendance. Trips such as this ensure we continue working to grow exports, investment from and relationships with the markets that matter most.
  • As part of WTC San Diego’s Global Identity plan, EDC has retained a media relations firm to tell San Diego’s “innovation + quality of life” story to top-tier national and international outlets. With EDC support, the firm has secured coverage in The New York Times, which featured downtown San Diego's live-work development Makers Quarter. Additional coverage included placement in Forbes, The Economist, Worth, Huffington Post, Wall Street Journal and others, helping drive San Diego’s identity as an innovation hub.
  • With the support of EDC and regional partners, National Geographic Channel featured San Diego as the only U.S. city in its acclaimed documentary series “World’s Smart Cities,” which aired in more than 60 countries. San Diego was chosen for its strong technology sector, local innovators, green practices, smart public planning and an unparalleled quality of life.
  • Alongside San Diego Mayor Kevin Faulconer and EDC, Bizness Apps announced the opening of its new headquarters in San Diego with a media event. Recently relocated from the Bay Area, the mobile app publishing platform will create 100 jobs within the next year.