Good News of the Week – January 15, 2021

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.

For the week of January 15, 2021, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

Innovation companies: Share your insights

EDC is surveying San Diego’s tech and life sciences companies to better understand regional talent needs and help inform our San Diego: Life. Changing. campaign into 2021 and beyond. Kindly take a few minutes to share your thoughts and help us strengthen San Diego’s talent pipeline.

Complete the Survey


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – January 8, 2021

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.

For the week of January 8, 2021, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

COVID-19 assistance for small businesses

From California’s COVID Relief Grant Program to PPP updates, EDC has outlined seven new and ongoing resources available to small businesses navigating the impacts of COVID-19. Reach out to EDC for assistance finding and applying to these programs, free of charge.

Find Resources and Assistance


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

San Diego’s Good News of the Year 2020

While the end of the year is about reflection, it has been challenging for all of us to celebrate 2020’s bright spots and successes. And yet, while our community grappled with global public health and social justice crises, we also saw San Diegans rise to the challenge—as they always do—to address a new virus, grow innovative companies, and make the world a better place.

Read on for the silver linings of 2020, all made possible by the region we call home. Here’s to continued collaboration, resilience, and inclusion in 2021.

-Team EDC

COVID-19 spurs life sciences innovation with global impact

At the onset of the pandemic, we saw our local biotechnology and research communities collaborate to create rapid testing, develop new treatments, and contribute to scientific efforts aimed at bringing a vaccine to the world. Here are just a few of this year’s breakthroughs with a San Diego stamp on them:

  • Pfizer develops COVID-19 vaccine with 95 percent efficacy rate
  • FDA approves first COVID-19 drug from Oceanside’s Gilead Sciences
  • Thermo Fisher Scientific ships first COVID-19 tests
  • BD wins FDA approval of 15-minute, hand-held COVID-19 test
  • Sanford Burnham Prebys wins $10M to test broad-spectrum antivirals to combat COVID-19
  • Vista’s Cue Health wins $481M to expand COVID-19 test manufacturing, adds jobs
  • FDA grants Quidel emergency-use status for first COVID-19 antigen test
  • Inovio gets $71M for COVID-19 vaccine device

Companies find creative solutions to crisis

Some COVID-19 inspired innovation isn’t so obvious. This year, from safe attractions to hand sanitizer, we saw San Diego companies big and small answer the call to innovate:

San Diego makes major strides in research and innovation

Beyond COVID-19, San Diego’s tech and life sciences companies continued to make waves in a diversity of industries, from oncology to aerospace to artificial intelligence (AI):

San Diego stays strong in defense with major contracts

In 2020, an estimated 25 percent of San Diego’s gross regional product was a result of military spending, and we saw key regional players score major contracts:

Venture capital skyrockets, yields big rewards

Venture capital into the region skyrocketed this year, as San Diego companies responded to the challenges of the pandemic. In Q2 and Q3 alone, local life sciences and healthcare companies pulled in $1.4B in new investment—75 percent of all funding. Some of San Diego’s standout startups and raises include:

  • GoSite raises $56M total to help small businesses go online
  • Software unicorn Seismic raises $92M
  • Lytx receives new investment, earns unicorn status
  • Escient Pharmaceuticals raises $77.5M to target proteins with therapeutic potential
  • Flock Freight raises $113.5M to pool truck freight shipments
  • Newly relocated from the Bay Area, ClickUp raises $135M, earns unicorn status

San Diego earns the numbers to back it up

From heavyweights to fast-growing startups, our local companies, talented workforce, and innovative industries remained at the forefront of growth and innovation. We even have the numbers to prove it:

  • San Diego ranks no. 3 in U.S. for life sciences
  • Qualcomm, LunaPBC make Fast Co.’s 2020 ‘Most Innovative Company’ lists
  • San Diego is one of five cities accounting for 90 percent of tech jobs
  • Taylor Guitars sees record sales, renewed interest in guitars
  • Innovative Commercial Environments, Scientist.com join 112 local companies on Inc. 5000
  • Chula Vista ranks as top city for integrating immigrants in the U.S.

Airport, regional companies foster continued connection

This year, we’ve learned that staying connected is key. Whether helping small businesses adapt to remote work or adding critical flights from San Diego, we saw regional players work hard to keep us safely connected to resources, opportunities, and each other:

San Diego makes the region—and the world—a better place

Making the world a better place is no small feat. These are just a fraction of the many ways regional teams made us prouder than ever to be San Diegans:

EDC’S OWN GOOD NEWS

Our Top 20 in 2020

Between a global pandemic, a racial justice reckoning, and an ever-contentious political landscape, this year had nobody ‘seeing 2020’. And yet, here we are—turning the page into the new year, with many of the same problems of 2020, but with greater resilience, forward thinking, and commitment to inclusion.

With and through our nearly 200 investors, EDC is proud to have directly helped nearly 500 San Diego businesses through crisis and recovery. Read our top 20 of 2020.

GET INVOLVED

Good News of the Week – December 11, 2020

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.

For the week of December 11, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

EDC’s Top 20 of 2020

In 2020, our communities grappled with unimaginable loss brought on by COVID-19, a social and racial justice reckoning, an ever-contentious political landscape, and so much more. And yet, here we are – turning the page into the New Year, with many of the same problems of 2020, but with greater resilience, forward thinking, and commitment to inclusion.

With and through our nearly 200 investors, EDC directly helped nearly 500 San Diego businesses through crisis and recovery. Here’s a look back on EDC’s top 20 of 2020. Read More

IPP recap: San Diego’s foundation for emerging aviation technology

Capitalizing on San Diego’s rich aerospace history, industry relationships, and unique operational environment, EDC and partners have helped grow the emerging Unmanned Aerial Systems industry by providing regional support for food delivery, medical delivery, and public safety initiatives through the Integration Pilot Program (IPP). Read the Program Recap


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – December 4, 2020

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.

For the week of December 4, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

Small businesses: Apply to host interns!

Through Advancing San Diego, we are providing San Diego small companies with paid, remote business interns from top regional educational programs we call Preferred Providers—at no charge. Applications are open until December 18, 2020.

Learn More and Apply Now


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – November 20, 2020

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.

For the week of November 20, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

San Diego’s Economic Pulse: November 2020

This edition of San Diego’s Economic Pulse covers October 2020 and reflects some effects of the coronavirus pandemic on the labor market. In October 2020:

  • San Diego’s jobs recovery accelerated from previous months, but remains uneven across industries.
  • San Diego employers brought back 21,500 workers, lowering the unemployment rate to 7.7 percent.
  • Job gains were widespread, and workers returned to the labor force in record numbers.

Read More


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – November 13, 2020

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.

For the week of November 13, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

Resources and relief for regional manufacturers

Our region is home to a vibrant manufacturing cluster that spans across many industries, from defense to craft brewing. EDC has partnered with California Manufacturing Technology Consulting to help San Diego regional manufacturers identify and connect to key resources and relief. Click below to get in touch with EDC’s team.

Get Specialized Assistance


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – November 6, 2020

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.

For the week of November 6, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

A look back at Advancing San Diego’s Career Exploration Day and Virtual Career Fair

With the support of title sponsor Qualcomm, EDC hosted Advancing San Diego’s Career Exploration Day and Virtual Career Fair – a free event that brought together San Diego employers and students for a full day of career exploration, professional development, company information sessions, peer learning, and networking. Throughout the day, 150 students from universities, high schools, and training programs across the region logged on to chat with employers in the virtual career fair and listen in on a webinar series on job search strategies.

Read More


San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – October 30, 2020

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.

For the week of October 30, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

What does it mean for us to Build Better?

The pandemic and social upheaval of the past year have laid bare the wealth and health inequities across our society borne so heavily by low-income, BIPOC, and other marginalized groups. Join EDC and San Diego Grantmakers on November 17 for a virtual summit bringing together leaders from across sectors to challenge thinking and inspire action toward a more inclusive and equitable economy.

Learn More and Register

San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020

Good News of the Week – October 23, 2020

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.

For the week of October 23, 2020, here’s what we’re reading:

…and here are the events we’re (virtually) attending:

San Diego’s Economic Pulse: October 2020

This edition of San Diego’s Economic Pulse covers September 2020 and reflects some effects of the coronavirus pandemic on the labor market.

  • Regional unemployment falls to 9.0 percent.
  • Long-term unemployment continues to increase.
  • Investments in workforce development and retraining become increasingly more important.

Read More

San Diego business resources:

Amidst everything happening in the world, we need a reminder that there’s plenty of ‘Good News’ to go around in San Diego. We have also compiled additional resources for businesses and individuals seeking additional guidance.

For businesses:

For individuals:

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.

Heather Dewis
Heather Dewis

Manager, Marketing

Good News of the Week – October 2, 2020