Our team has compiled COVID-19 resources to provide guidance and support for San Diego businesses and residents. Here are three programs providing small businesses relief in the form of loans and grants. Paycheck Protection Program (PPP) Part of the recently passed stimulus package, the $349 billion U.S. Small Business Administration program will provide partially forgivable, […]
Originally published on April 19 in the San Diego Business Journal, this excerpt is from the latest of EDC President and CEO Mark Cafferty’s weekly columns: As we all settle in to the unfamiliar business and personal routines that have filled our days over the last several weeks, there is a lot of talk about […]
Each month the California Employment Development Department (EDD) releases employment data for the prior month. This analysis covers March 2020 and reflects some—but not all—of the early effects of the coronavirus pandemic on the labor market. The San Diego jobs report estimates conditions in the job market as of the week of March 12. However, […]
More than 86% of businesses in San Diego expect to see revenue losses in the wake of COVID-19, according to an economic impact survey on the San Diego economy. In order to assess immediate economic impacts and understand the evolving business sentiment, we have deployed a survey with our partners at San Diego Regional Chamber […]
Originally published on March 29 in the San Diego Business Journal, this is the first of EDC President and CEO Mark Cafferty’s weekly columns: As I write this, I can only hope for everyone reading that your families and loved ones are both healthy and safe. The impact of COVID-19 in all corners of our […]
Today, San Diego Regional EDC and its employer-led Inclusive Growth Steering Committee officially endorsed a regional goal to create 50,000 new quality jobs within small businesses by 2030. Driven by EDC’s latest study release, Equipping Small Businesses to Compete, the regional goal and accompanying set of employer recommendations aim to help small businesses in San […]
Today, JPMorgan Chase has announced that San Diego is one of five cities to win a $3 million grant from the AdvancingCities Challenge. Launched in 2018, the inaugural competition is a $500 million, five-year initiative to drive inclusive growth and create greater economic opportunity in cities across the United States. This grant will be used […]
This op-ed was originally published in the San Diego Union-Tribune, authored by Nikia Clarke, Cynthia Curiel, and Patricia Prado-Olmos. As high school seniors throughout the country complete final exams and eagerly await college acceptance letters, only 37 percent of Hispanic and black students in San Diego will be college-ready when they finish high school. This […]
In an effort to build a more inclusive economy, San Diego Regional EDC and its Inclusive Growth Steering Committee of 40 employers officially endorsed a regional goal to double the number of skilled workers produced in San Diego County to 20,000 per year by 2030, as well as a set of recommendations, to develop a […]
With a continued commitment to growing San Diego’s reputation as a hub for innovation, the City of San Diego, City of Chula Vista and San Diego Regional EDC announced that San Diego has been selected to participate in a new program by the U.S. Department of Transportation to advance the testing of unmanned aircraft technology, […]
