Tag: EDC wins

From local company visits led by Mayor Todd Gloria to newly launched Computer and Engineering Talent Demand Reports, see EDC’s month in review made possible with and through our investors and partners.

By the numbers

• 3 Company site visits led by Mayor Gloria, EDC
• 17K Software developer jobs in the region
• 30K General engineering jobs in the region
• 186K Quality jobs CREATED by SD innovation economy

Featured stories

• San Diego Mayor Gloria, EDC lead site visits to key employers
• San Diego’s demand for talent: Computing and Engineering
• MetroConnect Spotlight: Solecta

New and renewing investors

• Burger Construction
• California Manufacturing Technology Consulting
• Carrier Johnson
• City of Carlsbad
• General Atomics
• General Dynamics NASSCO
• Illumina
• Intesa Communications
• Junior Achievement
• Kilroy Realty
• Lankford & Associates
• Lowe Enterprises
• MIDPACNEWCENT
• San Diego Community Power
• San Diego Zoo Wildlife Alliance
• Unibail-Rodamco-Westfield

See our current Monthly Report

From a newly launched Investment Map to a White House award, see EDC’s month in review made possible with and through our investors and partners.

By the numbers

• 800 Attendees at EDC Annual Dinner
• 15.6M Rentable sqft of CRE in the region
• 327 Childcare deserts spread across region
• 74% Of SD’s population is middle-to low-income

Featured stories

• A tool for inclusive growth: The San Diego Investment Map
• WTCSD honored with Presidential Export Award
• MetroConnect Spotlight: Novo Brazil Brewing

New and renewing investors

• Aya Healthcare
• BAE Systems
• Bank of America
• California State University San Marcos
• Deloitte
• Evans Hotels
• JPMorgan Chase & Co.
• Junior Achievement of San Diego County
• Marine Group Boat Works
• Neighborhood House Association
• San Diego Housing Commission
• San Diego Padres
• Sony
• The Burnham Foundation
• Willis Allen Real Estate

See our current Monthly Report

In the words of Clint Eastwood, and later our own Malin Burnham, ‘it’s halftime, San Diego.’ With six months behind us and six more ahead in 2023, EDC pauses to reflect on all we’ve accomplished—and the work still to do.

here’s our halftime report by mark → 

By the numbers

• $25k Awarded to MetroConnect grand prize winner Access Trax
• $3.25 Per sqft asking rate in CRE (Q1)
• 3.3% Job growth in San Diego (Q1)
• 3.7% Decrease in median home price (Q1)

Featured stories

• Honoring our 2023 San Diego Life Changing awardees
• San Diego: The cross-border advantage
• Access Trax wins $25k MetroConnect VI export grand prize
• Talent flow analysis released at the SHIP regional visioning event

New and renewing investors

• Breakthrough Properties
• CBRE
• Curebound
• Excelerate
• Junior Achievement
• Quarles Paul Plevin
• Rady Children’s Hospital
• San Diego County Water Authority
• Cultura

See our current Monthly Report

As we wrap up Q1, we look back on the 51 companies supported and the close of the Artificial Intelligence-Machine Learning report series. Here’s what else EDC accomplished in April 2023 with and through our investors and partners.

By the numbers

• 4 MetroConnect finalists to pitch at grand prize  
• 5 EDC reports published on artificial intelligence 
• 51 Small businesses supported by EDC & SBDC in Q1 
• 4 Investment map use cases

Featured stories

• Reflections on #SDinDC with the Chamber
• Six ways to return to the office by Cultura
• Pushing Forward – AI and San Diego

New and renewing investors

• Biomed Realty Trust
• Bridgewest Group
• Carrier Johnson
• City of Escondido
• Cox Communication
• HomeStreet Bank
• Junior Achievement
• Lankford Q1 payment
• MAAC
• OnPoint Development
• San Diego County Airport Authority
• Scripps Health
• Sudberry Properties
• Wells Fargo
• Clark Construction

See our current Monthly Report

It might be easy to look at headlines or social media these days and feel a bit weighed down by the news in San Diego. When those chosen to lead important roles fail us, it creates distrust, anger, and frustration that can make its way into all our lives.

It is important to look away from the headlines and remember who we really are as a community.

hear more from mark → 

By the numbers

• 26 small businesses supported by EDC in Q1
• 78K local unique AI-ML job postings in 2022
• $21.2B AI-ML economic impact
• 50.5K jobs provided in AI-ML

Featured stories

• American Lithium Energy secures $13.2 million in grant from CA Energy Commission
• AI-ML for smart, thriving cities
• Is San Diego a sports town? 2023 points to yes

New and renewing investors

• City of San Marcos
• Cisterra Development
• Kaiser Permanente
• Longfellow
• Marsh McLennan
• National Core
• Calpine
• SDICCCA
• Solar Turbines
• Strategic Communications

See our current Monthly Report

While companies continue to cut costs and make layoffs in the wake of a highly anticipated (though not clearly signaled) recession, the nation’s ratio of available workers to open positions remains less than one to one. This means that there are more open positions across the United States than unemployed people available to fill them.

It’s time for San Diego to rethink talent pipeline development.

here’s how from our talent Initiatives manager → 

By the numbers

• 2.9% record low unemployment rate—Q4 2022
• $92K median home price in San Diego—Q4 2022
• $3.23 rent per sq. ft for commercial real estate—Q4 2022
• $13.2M secured by ALE from California Energy Commission

Featured stories

• Case Study: EVT leverages Advancing San Diego to hire intern, expands its learning platform
• Economic Snapshot—Q4 2022
• EDC is hiring
• Carlsbad battery manufacturer secures millions from state

New and renewing investors

• Equus Workforce Solutions (prev. ResCare)
• Unibail-Rodamco-Westfield (URW)
• Procopio, Cory, Hargreaves & Savitch
• H.G. Fenton Company
• YMC of San Diego County
• Federal Reserve Bank of San Francisco

See our current Monthly Report

From planning our first-ever open house in our new home, to helping connect companies to mission-driven talent, see below for what EDC accomplished in January 2023. We look ahead to the year with more optimism than some…

here’s why from our sr. director → 

By the numbers

• 200+ EDC investors registered for open house
• $92K median advertised  tech salary in San Diego (2022)
• $671M VC raised in Q4 2022
• 8 businesses secure $35K in grants through WTCSD advising

Featured stories

• Case Study: Eight San Diego companies win $35K in grants via Export SBDC
• What the NDAA means for San Diego
• Investor Spotlight: Founders First Capital Partners

New and renewing investors

• LBA Realty
• Brookfield Properties
• General Atomics
• Sharp

See our current Monthly Report

New year. New home. Same goals. December 2022 marked the end of a year full of research, a return to our signature celebrations, and increased commitments towards Inclusive Growth.

SEE OUR YEAR IN REVIEW → 

By the numbers

• 9,906 jobs supported through EDC’s core economic development work in 2022
• 7,150 hours worked by 45 Advancing San Diego interns at 23 local companies
• 40 local and international firms expand with WTCSD’s support
• 165 total companies supported by EDC in 2022

Featured stories

• Case Study: Access Trax turns $10K into Canada, Australia export growth with MetroConnect
• EDC’s Top 20 in 2022
• Good News of the Year 2022

New and renewing investors

• JLL
• ITJ
• Junior Achievement
• Lankford & Associates

See our current Monthly Report

The year has come and gone in a flash, but as always, we must take a moment to acknowledge all we accomplished with and through EDC’s 200 investors. On the heels of the pandemic and a return to ‘normal’ that will never feel quite normal again, EDC’s Top 10 in 2022 included a new board chair, board members, and increased commitments to the Inclusive Growth goals we set for 2030.

SEE OUR YEAR IN REVIEW → 

By the numbers

• $14M Cal Competes Tax Credit secured by Element Biosciences with EDC’s help
• 51,300 impressions via San Diego: Life. Changing.’s BIO ad campaign
• 122K advanced manufacturing jobs in San Diego (2022)
• $1.8B in VC funding raised by San Diego companies in Q3

Featured stories

• Case Study: Element Biosciences expands with EDC permitting, tax credit, branding support
• Economic Snapshot Q3 2022

New and renewing investors

• Carrier Johnson + CULTURE
• JLL
• ITJ
• Junior Achievement
• Lankford & Associates

See our current Monthly Report

The EDC team just recently moved into our new offices on the fourth floor of UC San Diego Park & Market in Downtown San Diego. And when you go through a big office move after being in the same place for more than a decade, you find a few reminders of what has made the work so important and special over the years…

More from our CEO → 

By the numbers

• 6 full-time hires made following Advancing San Diego Internship Program
• $27B annual life sciences cluster economic impact (2022)
• 144K advancing manufacturing jobs in San Diego (2022)
• 61K life sciences jobs in San Diego (2022)

Featured stories

• Rady Children’s Hospital hires six FTEs following Advancing San Diego internship
• Study: San Diego’s life sciences cluster in the early stages of AI-ML boom
• New look. New home.
• Building the Future: Manufacturing Month 2022

New and renewing investors

• Amazon
• Longfellow Real Estate Partners
• Ace Parking
• Mitsubishi Motors
• Layton Construction
• Meyers Nave
• PNC Bank
• WD-40

See our current Monthly Report