Tag: monthly report

Smart economic development is inclusive economic development. That’s why for more than six years, EDC’s programs and priorities have been rooted in growing the region’s quality jobs, skilled talent, and thriving households critical to San Diego’s competitiveness. Scroll below to see the work in our monthly report, or check out the whole year at:

EDC’s YEAR IN REVIEW → 

By the numbers

• 150+ Attendees at Reaching Tomorrow’s Talent event
• 30 Newly Verified Programs announced
• 31k Students from Verified Programs
• 16 Different institutions host programs

Featured stories

• EDC designates region’s top computing and engineering programs
• Investor Spotlight: General Atomics

New and renewing investors

• Ace Parking
• Booz Allen Hamilton
• Bristol Myers Squibb
• Cajon Valley School District
• Cubic Corp
• Federal Reserve
• Gafcon
• Insulet
• Junior Achievement
• Layton Construction
• Meyers Nave
• Port of San Diego
• Taylormade Golf
• WD40

See our current Monthly Report

It has been six years since World Trade Center San Diego—which EDC operates on behalf of the Port, the Airport, and the City of San Diego—ran its very first trade mission. Since then, we have taken annual targeted, cross-sector delegations to Canada, the UK, Japan, Germany, and the Netherlands as led by San Diego Mayors and Members of Congress.

This year’s destination: Korea—a complementary partner for an innovation incubator like San Diego.

HEAR MORE FROM NIKIA → 

By the numbers

• 4 Days in Korea for Trade Mission
• 35+ San Diego leaders join delegation in Korea
• $4B Economic Impact of Cybersecurity Cluster
• 1K+ Cyber firms in San Diego

Featured stories

• Mayor Todd Gloria to lead South Korea trade mission to strengthen economic ties in Asia
• Study: San Diego’s cyber talent grows by 10% across 1K firms

New and renewing investors

• ASML
• BCG
• Carrier Johnson
• City of Chula Vista
• Curebound
• Dexcom
• Founders First Capital
• HomeFed
• Lankford & Associates
• MAAC
• Manpower
• Northrop Grumman
• OPR Communications
• PCL Construction
• Stockdale Capital Partners
• Taylor Guitars
• Top Notch Finders
• Viasat

See our current Monthly Report

Our core values at EDC have long been integrity, accountability, collaboration, and inclusion. These principles guide all that we do and are woven into the work of every team.

One of our most important teams at EDC is Research—and everything we do starts with research.

hear more from mark → 

By the numbers

• $6B Economic impact of RNA cluster
• 11K Jobs from RNA cluster
• 17.9% Increase avg. annual wage from 2011 to 2021
• 41K New business formations in 2021

Featured stories

• EDC report: 2023 Inclusive Growth Progress
• The economic impact of San Diego’s RNA cluster
• Q2: San Diego’s new unemployment numbers and what they mean

New and renewing investors

• Bristol Meyers Squibb
• Chevron
• Clay Company
• Colliers International
• Deloitte
• Junior Achievement
• National University
• Red Door Interactive
• San Diego Foundation
• SeaWorld
• Takeda
• The Conrad Prebys Foundation
• The Learning Moment
• Townshend Venture Advisors
• USS Midway Museum

See our current Monthly Report

From a leadership trip to Seattle to hosting the annual Summer Bash, see below for EDC’s month in review made possible with and through our investors and partners.

By the numbers

• 400 San Diegans attend EDC’s Summer Bash
• 30 San Diego delegates visit Seattle
• 75K Monthly job postings in San Diego
• 84% New jobs created by 2030 will require post-secondary education

Featured stories

• Seattle Leadership Trip: An exercise in authenticity
• Why Summer Bash?
• Talent Pipeline Management: EDC’s talent framework

New and renewing investors

• ArkusNexus
• Breakthrough Properties
• Commute by Enterprise
• City of Vista
• DPR Construction
• Gensler
• Junior Achievement
• Novo
• Pacific Western Bank
• Point Loma Nazarene University
• Qualcomm
• ResMed
• San Diego Wave FC
• Southwest Airlines
• The Miller Hull Partnership
• UC San Diego
• US Bank
• University of San Diego

See our current Monthly Report

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