Tag: GNOTW

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of February 17, 2023, here’s what we’re reading:

• National City welcomes $100M Austal ship repair facility
• Genentech breaks ground on $450M manufacturing site in Oceanside
• La Jolla research institute secures $17M grant from National Institute of Allergy and Infectious Diseases
• CSUSM expands guaranteed admission initiative to additional districts
• Aya Healthcare partners with UC San Diego Health to recruit hospital personnel
• Forbes names Encinitas among world’s best places to travel
• NuVasive acquired by Globus Medical for $3.1B
• San Diego small business creation flourishing post-pandemic
• Curate Biosciences launches first-of-its-kind microfluidic system
• San Diego ranks #3 for life sciences VC funding nationally

…and here are some events and opportunities:

• Feb 28 – San Diego Regional EDC, WTCSD
  Export SBDC: Export Classification & Licenses Workshop
• Deadline: May 18 – WTCSD 
  Apply: MetroConnect export accelerator program
• Mar 2 – CCOE
  San Diego Cybersecurity Awareness Program
• Deadline Mar 10 – SANDAG
  Apply: TransNet Independent Taxpayer Oversight Committee
• Mar 23 – Burnham-Moores Center for Real Estate 
  Real Estate Conference and 30th Anniversary

Investor Spotlight: Founders First Capital Partners

San Diego Regional EDC spoke with Kim Folsom, the founder, chairperson, and CEO of Founders First Capital Partners, to discuss the company’s mission to provide revenue-based financing, term loans, and business acceleration support to service-based small businesses outside of major capital markets. Check out the Investor Spotlight.

Read More

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of February 10, 2023, here’s what we’re reading:

• Viasat to launch its first terabit-class Internet satellite
• Fabric8Labs secures $50M in VC to triple staff
• Nautilus sets down roots in San Diego
• San Diego startup Pack snags $3M seed for ecommerce platform
• Carlsbad startup Aptera unveils ultra-efficient vehicles
• Jacobs family gifts $22M to UCSD’s Center for Health Innovation

…and here are some events and opportunities:

• Feb 28 – San Diego Regional EDC, WTCSD
  Export SBDC: Export Classification & Licenses Workshop
• Deadline: May 18 – WTCSD 
  Apply: MetroConnect export accelerator program
• Feb 16 – San Diego Regional Chamber of Commerce 
  Procurement 101: Doing business with the County, Airport, and more
• Mar 6 – Startup San Diego 1st Mondays
  Happy hour at ArkusNexus (MINDHUB) Tijuana Use code EDC30 for 30% off tickets
• Mar 11 – CMTC, CASCADE
  Volunteer: Women in Cybersecurity Career Day

Case Study: Eight San Diego companies win $35K via Export SBDC

Eight small businesses reached out to the Export SBDC at WTCSD for assistance in starting and growing their international sales. Using the Getting to Global grant preparation tool, Export SBDC advisor and international trade expert Simona Racek helped each company complete their export strategy and individual export promotion plan for their winning grant applications.

Read More

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of February 3, 2023, here’s what we’re reading:

• General Atomics offers drones to Ukraine
• ResMed hits record $1B in sales, sees supply chain improvement
• Qualcomm Snapdragon chips will power Samsung’s Galaxy 23
• San Diego-based Aya Healthcare named #2 Top Workplaces in USA
• UC San Diego team develops biomaterial that heals from the inside out
• San Diego Wave FC and NOVA Kombucha announce multi-year partnership
• Alaska Airlines adds nonstop flights from SAN to DC, OR, FL
• San Diego Foundation receives historic $100M gift
• Fairmont Hotels & Resorts inks deal on San Diego bayfront site

…and here are some events and opportunities:

• Feb 28 – San Diego Regional EDC, WTCSD
  Export SBDC: Export Classification & Licenses Workshop
• Feb 7 – The National Institute of Standards and Technology
  Industrial Advisory Committee Meeting
• Mar 6 – Startup San Diego 1st Mondays
  Happy hour at ArkusNexus (MINDHUB) Tijuana Use code EDC30 for 30% off tickets
• Mar 11 – CMTC, CASCADE
  Volunteer: Women in Cybersecurity Career Day

Go global with MetroConnect VII

Applications are now open for WTCSD’s export accelerator MetroConnect VII. The new cohort of 15 businesses will be placed into one of three specialized tracks reflecting San Diego’s economic strengths—life sciences, strategic technology, and consumer goods. Together over the course of the year, the cohort will receive resources and partnerships to increase international sales and support job growth here at home.

Apply Now

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 27, 2023, here’s what we’re reading:

• Sanford Burnham Prebys gifted $70M to recruit top scientists
• UC San Diego awarded $10M for ‘jumbo virus’ research
• San Diego community colleges provide vital workforce training
• A note from EDC’s Sr. Director of Research & Economic Development
• UC San Diego engineers develop wearable cardiac ultrasound
• CBRE leases mixed-use development near SDSU
• Port of San Diego to revitalize Cesar Chavez Park
• San Diego startup ADARx raises $46M in VC
• Kratos Defense receives $15.5M Navy contract, Leidos subcontract
• Biological Dynamics launches human trials for early pancreatic cancer detection

…and here are some events and opportunities:

• Feb 1 – San Diego Regional EDC
  Open House & Economic Forecast
• Feb 28 – San Diego Regional EDC, WTCSD
  Export SBDC: Export Classification & Licenses Workshop
• Jan 31 – San Diego Business Journal
  Economic Trends 2023, moderated by EDC’s Mark Cafferty
• Apply by Feb 20 – CONNECT
  Cool Companies Annual capital program

What the NDAA means for San Diego

The 2023 National Defense Authorization Act (NDAA) contains important provisions for the defense community nationwide, including a 4.6 percent pay raise for military and civilian workers and $32.6 billion for Navy shipbuilding. San Diego ship repair companies collectively employ more than 4,000 and stand to benefit greatly, as the region is homeport to 24 percent of all Navy vessels.

Read More from EDC

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 20, 2023, here’s what we’re reading:

• SDG&E, GM to integrate electric vehicles to power grid
• Port of San Diego makes CA history for sustainability
• San Diego’s Enlaza secures $61M seed round
• Carlsbad-based Viasat helps deliver free in-flight Wi-Fi on Delta flights
• Northrop Grumman-built satellite to support Space Force mission
• Kilroy Realty’s proposed Little Italy project would be the neighborhood’s biggest
• NOVO Brazil Brewing, Southwestern College students collaborate on beer
• SeaWorld San Diego hosts Mardi Gras festivities
• Salk Institute receives $1.5M from Sol Godman Trust to research multiple sclerosis

…and here are some events and opportunities:

• Jan 24 – San Diego Regional EDC
  Need Talent? Employer Working Group Informational Meeting
• Feb 1 – San Diego Regional EDC
  Open House & Economic Forecast
• Jan 31 – San Diego Business Journal
  Economic Trends 2023, moderated by EDC’s Mark Cafferty
• Feb 2 – Burnham-Moores Center for Real Estate
  Dialogue Series: Leading with Confidence
• Apply by Feb 20 – CONNECT
  Cool Companies annual capital program

EDC is hiring; join our team!

EDC is hiring an Economic Development Manager (Life Sciences) with five years of experience in business, real estate, planning, or a related field to enable business attraction, retention, and expansion in San Diego’s life sciences industry.

Read More

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 13, 2023, here’s what we’re reading:

• Qualcomm tech to enable texts to anyone, anytime
• Illumina, Nashville Biosciences partners with Amgen
• San Diego startup XILO raises additional $4M
• Miracosta College, TOOTRiS first in country to offer childcare benefit
• UC San Diego part of $50.5M effort to improve speed of computers
• South 8 Technologies and Tyfast receive $6M federal grants for battery innovation
• Northrop Grumman, Qualcomm, Sempra and other locals make Just 100 list 

…and here are some events and opportunities:

• January 24 – San Diego Regional EDC
  Need Talent? Employer Working Group Informational Meeting
• February 1 – San Diego Regional EDC
  Open House & Economic Forecast
• January 18 – County of San Diego, USD, Workforce Partnership
  39th Economic Roundtable
• January 23 deadline – GO-Biz
  Apply: California Competes Tax Credit
• January 31 – San Diego Business Journal
  Economic Trends 2023, moderated by EDC’s Mark Cafferty

Case Study: Access Trax turns $10K into export growth with MetroConnect

With increasing global interest in its portable accessibility products, San Diego woman-owned business Access Trax needed help finding economic incentives to expand into foreign markets. Learn how it leveraged the World Trade Center San Diego export accelerator MetroConnect and all of its accompanying resources to access international customers, enjoying its highest grossing year.

Read More

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 6, 2023, here’s what we’re reading:

• Carlsbad’s Viasat inks deal with Microsoft
• Shield AI raises $60M to build AI pilots
• SDMAC reports $56B economic impact of local military
• Gilead Sciences’ HIV-resistant drug treatment receives FDA approval
• Tandem Diabetes acquires AMF Medical for $215M
• Mirati Therapeutics’ lung cancer drug receives FDA approval
• Balboa Park ranked #1 most photographed landmark in U.S., Canada 

…and here are some events and opportunities:

• January 10 – WTCSD, SBDC
  Step Grants: Am I Eligible?
• January 24 – Advancing San Diego 
  Employer Working Group Informational Meeting
• February 1 – San Diego Regional EDC
  Open House
• January 3-23 – GO-Biz
  Apply Now: California Competes Tax Credit

EDC’s Top 10 in 2022

On the heels of the pandemic and a return to ‘normal’ that will never feel quite normal again, EDC’s Top 10 in 2022 includes a new board chair, team and board members, and increased commitments to the Inclusive Growth goals we set for 2030.

Read Our Year in Review

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

As with every week, EDC’s ‘Good News’ sifts through the noise and provides a roundup of the positive headlines made by businesses, entrepreneurs, and others across the San Diego region. With 2022 nearly behind us, this edition serves to spotlight the biggest stories of a year marked by ‘normalcy’—a return to in-person gatherings, world travel, VC cooldown, and more.

Here’s San Diego’s Good News of the Year:

Investing in innovation

Venture capital and other investments into the region were strong, with sustained emphasis on Life Sciences and Technology innovation. Some 2022 standouts:

• Pfizer acquires San Diego’s Arena Pharmaceuticals for $6.7B
• Bristol Myers Squibb acquires Turning Point Therapeutics for $4.1B
• ResMed acquires German firm for $1B, expanding software footprint in Europe
• Software startup Drata lands $200M series C, reaching $2B valuation in two years
• POTUS’ CHIPS and Science Act promises funding for San Diego’s key industries, employers

Going global, again

San Diego travel came back with a bang, with 18.4M travelers through San Diego International Airport (SAN) as of October, and greater connectivity to and investment from key international markets. Global news of the year:

• Lufthansa resumes nonstop service from SAN to Munich
• Air Canada adds nonstop flights from SAN to Montréal, and resumes Toronto service
• Sempra completes wind farm expansion in Baja California
• MaxLinear acquires Taiwan’s Silicon Motion for $3.8B
• Israeli biotech Lineage establishes new R&D center in Carlsbad
• General Atomics wins $31.7M contract on behalf of Belgian government

Build back better, literally

While remote and hybrid work prove they’re here to stay, San Diego real estate expansion and investment marched on. Developments worth noting:

• Snapdragon Stadium, home of SDSU, San Diego Wave, and San Diego Legion, debuts to 15,000 Aztec fans
• Apple expands San Diego footprint with 67-acre purchase in Rancho Bernardo
• UC San Diego opens Park & Market in East Village, with other residential development planned
• Alexandria Real Estate Equities, Inc. continues to support Life Sciences growth with $125M UTC campus, UTC lease agreement with Bristol Myers Squibb, and Element Biosciences’ HQ at SD Tech by Alexandria
• Port of San Diego unveils $3.5B Seaport Village project
• Sharp HealthCare launches $2B Memorial Hospital expansion and additions to emergency and trauma unit in 10-year building program
• U.S. Navy seeks bids to revitalize NAVWAR campus, homebase to 5k Cybersecurity jobs

Local education systems score rightful kudos

The driving force behind our region’s talent pipeline, San Diego colleges and universities are globally renowned—scoring funding, top accolades, and record enrollment rates. The education wins of 2022:

• EDC and SDICCCA secure $18M for the region’s K-16 curriculum to better prepare students for quality jobs
• SDSU and Techstars partner to create local startup accelerator program
• UC San Diego named among world’s top 20 universities
• MiraCosta College named only CA community college recipient of $4M Strada grant
• USD receives $1.5M to launch program for Black students, named among top Law programs in country
• CSUSM ranks #1 in U.S. Social Mobility Index, #39 Economic Mobility Index

#LFGSD

San Diego knocked it out of the park this year, earning top spots in live, work, play rankings and staking its rightful claim as a ‘sports town.’ A few of the many we’re proud of in 2022:

• San Diego Wave, Loyal, and Padres make playoffs in an electric season
• San Diego ranks among the most innovative cities in America; best cities in the world
• Port of San Diego named world’s best cruise port
• Barrio Logan ranks #6 coolest neighborhood in the world
• San Marcos ranks #20 in best places to live for families
• North County welcomes return of the X-Games
• San Diego post-pandemic tourism beats out LA, SF

EDC’s own good news

Top 10 in 2022
San Diego’s good news is EDC’s good news. With and through our investors, our year in review includes a new board chair, increased commitments to Inclusive Growth, a fresh brand in a new home, and much more. See it all in EDC’s Top 10 in 2022.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of December 9, 2022, here’s what we’re reading:

• San Diego startup Drata lands $200M series C
• Avalon Ventures spins out $135M life sciences fund
• Illumina debuts next-gen research test kit to ID common infections
• Report: San Diego Community College District boasts $4.3B economic impact
• UC San Diego research groups receive $10M in funding for battery recycling project
• Seaport San Diego receives 2022 ICSC GOLD award for waterfront redevelopment

…and here are some events and opportunities:

• December 12 & 13 – City of San Diego
  Community Engagement Workshops
• December 14 – USD Knauss School of Business
  San Diego Angel Conference
• December 15 – NDIA San Diego
  Holiday Membership Appreciation Event
• Give by December 24 – Qualcomm, Computers 2 Kids
  Donate computers to families in need: Digital Give Back

How AI fuels life sciences breakthroughs in San Diego

Artificial Intelligence and Machine Learning (AI-ML) technology and life sciences companies are accelerating the pace of innovation in biopharmaceuticals, surgical, medical, and wearable devices, and advanced manufacturing. In a new report, underwriter Booz Allen Hamilton and EDC explore how AI-ML is contributing to a new era of life-saving precision medicine.

Read More on SD: Life. Changing.

Additional resources:

• Find more COVID-19 business information and resources at EDC’s COVID-19 page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of December 2, 2022, here’s what we’re reading:

• Northrop Grumman unveils tech advanced B-21 Raider
• Booz Allen, Sempra, SDG&E programs strengthen regional talent pipeline
• Escient Pharmaceuticals secures $120M investment
• Dozens of EDC members, partners top SDBJ‘s SD500
• City of San Diego contracts JLL to determine needs of its downtown office
• Sempra awarded U.S. Chamber of Commerce Foundation’s top honor
• MetroConnect alum KULR helps NASA ensure battery safety
• Aya Healthcare named top large workplace by San Diego Union-Tribune
• UC San Diego ranked 8th globally for cited researchers
• ByteBrew raises $4M for mobile game developer platform
• Inc. ranks San Diego among most innovative cities in America

…and here are some events and opportunities:

• Complete by December 6 – Downtown San Diego Partnership, EDC
  Do you live, work, or play in Downtown? Take the Survey
• December 3 – University of San Diego
  Flex MBA Fastrack
• December 6 – NOVA Kombucha 
  Holiday Social Hour Fundraiser: Meet the Athletes
• December 7 – UC San Diego
  Talent Foundry’s Launch Party
• December 15 – NDIA San Diego
  Holiday Membership Appreciation Event

Case Study: Element Biosciences expands with EDC permitting, tax credit, branding support

As Element Biosciences grew, the local biotech startup needed assistance working through numerous permitting challenges, finding economic incentives to support its growth, and establishing its employer brand with top STEM talent. Learn how EDC’s services helped them create 280 jobs in San Diego.

Read More

Additional resources:

• Find more COVID-19 business information and resources at EDC’s COVID-19 page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.