Recently, Apple committed $2.5 billion to combat the housing crisis in California. Apple might be headquartered in the Bay Area, but earlier this year, it announced it would be opening an office in San Diego to house 1,200 employees. So will Apple’s housing fund impact San Diego? It might. The company has set aside a […]
EDC Blog
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Future of Growth in San Diego: The Economic Case for Inclusion
Summary The growth of San Diego’s innovation economy has made the region better educated and more prosperous than most other metros. However, this economic transformation presents new challenges for future growth. Changing skill requirements, a nationwide battle for talent, and a soaring cost of living are combining to form an unequivocal threat to our regional […]
Ahead of Brexit deadline, World Trade Center San Diego to lead trade mission to Germany
Ahead of the U.K.’s impending departure from the European Union, World Trade Center San Diego, the international affiliate of San Diego Regional EDC, is leading a delegation to Frankfurt and Munich, Germany. The trade mission will lay the groundwork for San Diego companies to develop long-term business relationships with the European market. “With the launch […]
EDC research team composes Promise Zone Equitable Plan
From December 2018 and January 2019, the San Diego Small Business Lending Collaborative surveyed 129 existing and 101 prospective business owners in three San Diego Promise Zone zip codes (92102, 92113 and 92114). The purpose of the survey was to identify barriers for small business establishment and growth within the San Diego Promise Zone, a […]
Leadership trip to Atlanta inspires new approaches to inclusion
As a way to inspire new approaches to inclusive economic development, EDC organizes an annual leadership trip with its partners and stakeholders in a peer region facing similar challenges. This year, EDC led a delegation of more than 40 San Diegans to Atlanta, Georgia – a city with deep cultural and historical significance. After three […]
Global device manufacturing company explores San Diego as its new home
Sysmex Corporation, a global medical device manufacturing company with its HQ in Kobe, Japan, was looking to enlarge their US-based presence. With San Diego as a target destination for expansion, Sysmex contacted EDC with details on the company’s plans to expand its life science operations by leveraging proprietary technologies to create new testing and diagnostic […]
Innovator’s Dinner: The innovation of craft beer in San Diego’s upside
For the latest installment of the Innovator’s Dinner Series, Greg Koch, executive chairman and co-founder at Stone Brewing, joined a group of 25 entrepreneurs from North County to talk about the craft beer company’s growth story along the 78 Corridor. Now leading a 23-year-old company, Greg shared his thoughts and experience on how the company […]
Tijuana is helping San Diego’s software companies grow
EDC’s Trade and Competitiveness in North America study launched in 2018 identified the innovation economy as a growing industry in San Diego County, Imperial County, and Baja California—otherwise known as Cali Baja. Among the key takeaways from this study, the high-value services offered in Cali Baja are the future of trade in North America. According […]
MetroConnect Year 4 cohort increases exports by $69M
Last summer, 20 San Diego-based companies were selected to participate in World Trade Center (WTC) San Diego’s export assistance program—MetroConnect. Participants were equipped with a $10,000 grant and programmatic resources over the course of a year, with the intent of helping them access international markets and boost export sales. The companies in MetroConnect Year 4 […]
San Diego employers commit to addressing the region’s affordability crisis
In an effort to address San Diego’s soaring cost of living, San Diego Regional EDC and its Inclusive Growth Steering Committee of 40 employers officially endorsed a regional goal to create 75,000 newly thriving households by 2030. Driven by the findings in EDC’s latest study release, this regional goal and accompanying set of recommendations aim […]