Tag: monthly report

This year marks EDC’s 60th Anniversary. And while our Annual Dinner is always a big event that means a great deal to our team and the broader economic development community we work with and through, this year it feels like it means even more.

This year’s award winners represent both the spirit of our work, and all that is truly special about the region we call home.

As we celebrate six decades of economic development, we are really celebrating the people and the businesses who have paved the way and made this journey possible. Thank you to our award sponsors CSUSM and USD.

Meet our Honorees

By the numbers

• 1.58M total employment in San Diego in Q4 2024
• 70% of 2024 job losses were in manufacturing
• 98% of U.S. exporters are small businesses
• 40% of Mexico imports are made by American workers

Featured Blog

• APPLY: MetroConnect VIII

Featured stories

• Inclusive Growth Spotlight: Cultura
• Voice of San Diego: How to set your child up for socio-economic success
• WTCSD’s Q1 Global Brief: Exports, trade, and more

New and renewing investors

• Cox
• Equus Workforce Solutions
• H.G. Fenton Company
• Junior Achievement of San Diego County
• LBA Realty
• Republic Services
• SeaWorld: San Diego
• Times of San Diego
• Verizon
• Viasat

See our current monthly report

A new year brings new opportunities—and potential wildcards—for San Diego’s economy. As tariff threats loom and the country teeters on the brink of an all-out trade war, we all wonder what it means for our binational region, the future of the popular USMCA, and the hundreds of thousands of jobs tied to global commerce in San Diego…

Read more from Nikia

By the numbers

• 75+ healthcare organizations attend talent pipeline luncheon
• 15K unique job postings for registered nurses in 11 months
• 200K+ employees in San Diego’s healthcare industry
• $23.8B Total Economic Impact in San Diego county in 2023

Featured Blog

• Host summer interns at no cost

Featured stories

• Healthy economy, healthy communities: Strengthening regional healthcare talent pipelines
• Inclusive Growth Spotlight: San Diego County Regional Airport Authority
• A note from Eduardo: Looking into the 2025 crystal ball

New and renewing investors

• Deloitte
• iTj
• San Diego Wave FC
• Sharp
• YMCA of San Diego County

See our current monthly report

Happy New Year! As we kickoff 2025, EDC invites you to scroll through our regional success over the last year. With and through our investors, 2024 included support to 138 local companies, 4.5K total jobs impacted, and much more.

Read the Annual Report

By the numbers

• 28 Verified Programs in 2024
• 55.8K jobs impacted since 2019
• 56% increase in WTCSD’s MetroConnect Cohort Exports since 2019
• 45+ Inclusive Growth Endorsers

Featured case study

• EDC supported NY-based fintech’s expansion into San Diego

Featured stories

• San Diego’s Good News of the Year 2024
• WTCSD 2024 Annual Report
• EDC designates San Diego’s top computing, engineering, business programs

New and renewing investors

• Alexandria Real Estate Equities, Inc.
• BTX Global Logistics
• Grifols
• Junio Achievement
• The Learning Moment
• US Bank
• Western Alliance Bank

See our current monthly report

See below for EDC’s December in review—made possible with and through our investors.

Read the Annual Report

By the numbers

• 358 summer inters placed via Advancing SD
• 104 companies hosted interns via Advancing SD
• $2M in intern payroll covered by Advancing SD
• 17% of interns converted to full-time

Featured case study

• Following WTCSD trade mission, SAN launches direct flight to Amsterdam

Featured stories

• Host summer interns at no cost
• How Advancing San Diego funded internships help students and businesses
• WTCSD’s Q4 Global Brief: International flight, Singapore trade mission, and more

New and renewing investors

• Amazon
• Austal USA
• Breakthrough Properties
• Cajon Valley Union School District
• Carrier Johnson Culture
• Curebound
• Longfellow
• Meyer Nave
• Northrop Grumman
• Top Notch Finders
• UC San Diego
• GKN Aerospace
• Mitsubishi Electric

See our current monthly report

EDC’s new report, “Manufacturing in San Diego: Local Impact, Global Reach,” spotlights the Manufacturing sector’s $47 billion impact on the regional economy. The report quantifies the economic impact of the region’s Manufacturing sector including the firms, innovation clusters, and talent supporting more than 121,000 jobs, a third of which are in small businesses.

Released during Manufacturing Month, this report, along with a series of blogs, celebrates San Diego’s manufacturing excellence—from talent to cross-border expansion, and more—and its vital role in our innovation ecosystem.

Read the Report

By the numbers

• $47B Economic Impact of the manufacturing sector
• 121K Jobs supported by manufacturing
• 34% of manufacturing employment is in innovation industries
• 1/3 of manufacturing jobs are in small businesses

Featured case study

• EDC convened Life Sciences Task Force, spurred creation of City of San Diego permit program – San Diego Regional EDC

Featured stories

• Building a bright future: The faces of San Diego Manufacturing
• Harnessing the power of cross-border manufacturing in San Diego
• Op-ed: Employers can bolster the local talent pipeline. Here’s how

New and renewing investors

• San Diego FC
• COMPASS | Priscilla Balikian
• Barnes Tennis Center | Youth Tennis San Diego
• San Diego Seals

See our current monthly report

This month together with Congressman Scott Peters and 40 high-level delegates, World Trade Center San Diego led its seventh international trade mission—this time to another innovative, binational region by the sea and the world’s premier gateway to Asia: Singapore.

As we begin to celebrate Manufacturing Month, Singapore’s advanced manufacturing prowess can serve as inspiration of what is possible and what is to come in the San Diego region—because we are just getting started.

Reflections from our Executive Director

By the numbers

• 40 Delegates joined WTCSD in Singapore
• 15 Meetings across 3 days un Singapore
• $12.8B FDI into the US from Singapore since 2019
• 450K Singapore-Johor border crossing per day

Featured case study

• EDC convened Life Sciences Task Force, spurred creation of City of San Diego permit program

Featured stories

• Manufacturing in San Diego: More vital than you think
• Rep. Peters, WTCSD lead Singapore trade mission to strengthen economic ties in Asia

New and renewing investors

• ASML
• Arcadis
• ArkusNexus
• CMTC
• Federal Reserve of San Francisco
• HomeFed Corporation
• Junior Achievement
• MAAC
• Manpower
• Momentus Capital
• National University
• Novo Brazil Brewing
• Port of San Diego
• PCL Construction
• Red Door Interactive
• San Diego Workforce Partnership
• Systran by Chapsvision
• The Clay Co

See our current monthly report

In an op-ed published by San Diego Business Journal on the heels of the Navy Gold Coast Expo, EDC’s Jennie Brooks and Eduardo Velasquez stressed the importance of procurement from San Diego’s small and diverse businesses. Boasting the largest concentration of military assets in the world, the region has an incredible and important opportunity to tap local small businesses not only to support military interests, but also to drive inclusive economic growth. Booz Allen Hamilton is one local example; the DOD contractor increased its local spend with small businesses to more than $50 million in 2023, up 24 percent from 2022.

Hear more from Jennie and Eduardo…

By the numbers

• 1.5M jobs in San Diego as of Q2 2024
• 60% of Venture Capital went to Life Sciences startups in Q2
• $1B in VC funding in Q2
• 350+ Attended 2024 Summer Bash

Featured case study

• WTCSD, EDC support Nano PharmaSolutions in securing $17K in grants, FTE, and global connectivity

Featured stories

• Investor Spotlight: ArkusNexus
• San Diego’s Demand for Talent in Businesss
• San Diego Nearly Surpasses Regional Jobs Goal, and Why the Work Isn’t Over Yet

New and renewing investors

• Arcadis
• BCG
• City of Vista
• Commute with Enterprise
• Dexcom
• DPR Construction
• Founders First Capital Partners LLC
• Gafcon
• General Dynamics NASSCO
• Gensler
• Illumina
• Intesa
• Junior Achievement
• Kilroy Realty Corporation
• Point Loma Nazarene University
• ResMed
• San Diego Community Power
• San Diego County Water Authority
• San Diego Foundation
• Pacific Sotheby’s International Realty, San Diego
• Enterprise Bank & Trust
• Tootris
• Neology

See our current monthly report

EDC investors, partners, and colleagues:

How would it feel if all your employees truly loved their job at your company? What if your entire team was dedicated to your company’s mission, vision, culture, and values?

These questions formed the foundation of a wonderful and impactful discussion that a small group of our EDC board members and investors got to have with retired WD-40 CEO Garry Ridge last month. A discussion that most of us are still talking about.

While our EDC board and executive committee do not meet in the month of August, we hope to see many of you at our Summer Bash on August 22 for an inspiring keynote form Vividion Therapeutics President and CEO Aleksandra Rizo, local drinks and bites, live music, and more than 350 innovators like you.

Hear more from Mark…

By the numbers

• 350 attendees expected at Aug 22 Summer Bash
• 50 Verified Program attendees at Advancing SD’s AI workshop
• 40 attendees at Culture Workshop with Garry Ridge
• $6B annual economic impact of San Diego’s RNA cluster

Featured case study

• EDC, CCOE quantify $4 billion cybersecurity cluster

Featured stories

• Best Practices for AI in Higher Education
• RNA Leaders USA Congress

New and renewing investors

• Biomed Realty
• Burger Construction
• City of Carlsbad
• Evans Hotels
• HomeStreet Bank
• Lowe Enterprises
• Otay Cross border Terminal (CBX)
• San Diego Zoo
• San Diego State University
• Pacific Western Bank/Banc of CA

See our current monthly report

Summer always marks some fun, exciting, and impactful moments for San Diego’s community and economy. As we focus on the continued advancement of a regional economic development agenda where inclusion is a cornerstone and economic imperative, we need to continuously reassess and re-evaluate what inclusion (and our related actions) truly means.

Hear more in Mark’s monthly note…

By the numbers

• 800+ attend EDC’s Annual Dinner
• 19.5K+ attendees at BIO International Convention
• 66K Life Sciences jobs in San Diego County
• 32% of Life Sciences jobs in manufacturing

Featured case study

• EDC, CCOE quantify $4 billion cybersecurity cluster

Featured stories

• EDC, WTCSD host international delegations for Invest in San Diego event
• WTCSD’s Q2 Global Brief: San Diego boosts international connectivity

New and renewing investors

• Apple
• Arup
• BAE Systems
• Carrier Johnson
• City of Escondido
• CSU San Marcos
• Curebound
• Excelerate
• Junior Achievement
• Kaiser Permanente
• Neighborhood House Association
• Qualcomm
• San Diego Housing Commission
• San Diego Padres
• Snake Oil Cocktail Co
• Snell & Wilmer
• University of San Diego
• Wells Fargo

See our current monthly report