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The Big Picture San Diego Blog


WTC San Diego

April 11, 2018

With and through our investors, EDC maximizes San Diego’s economic competitiveness. Here's our Q1 in review:

Regional Support
In order to grow jobs, EDC dispatched the following company support tactics and events throughout Q1:
 
San Diego: Life. Changing.
EDC's global identity efforts serve to elevate the region as a top destination for talent and investment. In Q1, EDC told authentic stories about the people and companies that call San Diego home. Here's how:
 
Research
Understanding our economy begins with strong data. EDC develops economic reports to help business and civic leaders make informed decisions specific to growth and inclusion across the region. EDC released the following economic reports:
 
WTC San Diego
As part of EDC, World Trade Center San Diego works to cultivate a pipeline of export-ready firms, maximize FDI opportunities, and grow the region's global connectivity. Q1 outcomes included:

See EDC's full Q1 Report here.

March 20, 2018

In January 2018, WTC San Diego compiled a report for the Port of San Diego comparing trucking companies’ shipping prices to more than 20 destinations throughout the Southwest. The report included an assessment of conditions that currently cause spikes in shipping prices, including inclement weather, regulatory changes, and a shortage of drivers. Data shows, at the start of 2018, just one truck was available in the U.S. for every 12 loads needing to be shipped.

The report painted a clearer picture on the competitiveness of shipping from the Port of San Diego compared to the Port of Long Beach. The information will assist the Port in providing service to its tenants and inform its work to attract ocean liners.

February 28, 2018

Last Friday, San Diego hosted Vancouver Mayor Gregor Robertson, as a follow up to San Diego Mayor Kevin Faulconer and WTC San Diego's "World's Greenest Cities” trade mission to Vancouver, Canada.

The day began with a public Mayoral Forum on North American Competitiveness and Sustainability, held at the University Club in downtown. Mayor Faulconer and Mayor Robertson were joined by City of Tijuana COO, Bernabe Esquer, in a moderated discussion on cross-border cooperation and city leadership in economic and environmental issues. The event was attended by more than 100 civic and business leaders.

Building on the theme of sustainability, Mayor Robertson was taken on a tour of San Diego-based Measurabl, the company responsible for the world’s fastest growing sustainability software for commercial buildings and facilities. The local startup develops cloud-based software that collects data on energy consumption, creates investment-grade sustainability reports and alerts companies to improvement opportunities for added efficiency. The company visit showcased how San Diego companies play a leading role in developing green technologies that get adopted around the world.

Mayor Robertson left that evening for the C40 Mayors Summit in Mexico City with much report on his visit to life-changing San Diego. At the forefront: San Diego’s working relationship with Tijuana can be a model for border cities like Vancouver in addressing issues that span national boundaries.

 

February 9, 2018

On January 24, WTC San Diego partnered with the U.S. Department of Commerce to host a roundtable discussion on data protection and privacy regulation.

Beginning in May 2018, virtually all U.S. exporters to Europe will need to be compliant with the new EU General Data Protection Regulations (GDPR). Regardless of the company, industry or sales market, there will be new requirements and stiff fines for companies in the case of non-compliance.

At this roundtable, Nasreen Djouini, policy advisor at the U.S. Department of Commerce, discussed important developments in the GDPR and introduced the EU-Swiss-U.S. Privacy Shield Framework – a mechanism that provides companies on both sides of the Atlantic a way to comply with data protection requirements when transferring personal data in support of transatlantic commerce.

Djouini also advised on the Cross-Border Privacy Rules (CBPR) System developed by Asia-Pacific Economic Cooperation (APEC). The CBPR is a mechanism that helps to bridge privacy regulation differences by providing a single framework for the exchange of personal information among participating economies in the APEC region.

Hosted by CBRE, the event was attended by more than 30 San Diego business executives from companies either planning to, or currently, conducting business overseas.

 

January 30, 2018

On the heels of EDC's 2017 U.K. trade mission, San Diego-based Edico Genome and Genomics England announced a new partnership to strengthen the accuracy and consistency of next-generation sequencing (NGS) data analysis in Genomics England’s Rare Disease Pilot. The partnership will support Genomics England in making NGS the standard of care across the U.K.’s National Health Service in 2018.

Specifically, the partnership will focus on the analysis pipeline − improving alignment and variant calling of whole-genome sequencing data. Genomics England selected DRAGEN for its industry leading accuracy and speed, enabling the organization to accelerate analysis of large clinical genomic datasets.

Read more from Edico Genome.

December 18, 2017

DiscoversdBIO: Launched to coordinate foreign delegations

Delegations from around the world travel to San Diego to forge connections with businesses in our innovation economy. However, when they visit, they often meet with the large institutions already ingrained within the international market and are not exposed to San Diego’s small- and medium-sized enterprises (SMEs) that encompass a wide range of opportunities. We wanted to level the playing field for SMEs. 
 
See how in our timeline below:
 
  • NOVEMBER 2015 - FORMING THE PROTOCOL NETWORK
    WTC organized partners around the community into the Protocol Network in order to maximize the impact that foreign delegations visiting San Diego and, in turn, provide potential investment and partnership opportunities to the region's SMEs.
  • JUNE 2017 - CONVENING AROUND BIO 2017
    When the BIO Convention brought 16k biotech and pharma leaders to town in June 2017, we knew it was an opportunity to put the protocol network into action. WTC San Diego and Biocom piloted the “DiscoversdBIO” web tool, an automated online system to coordinate foreign delegations traveling to San Diego for the convention. 

  • NEXT UP...
    In 2018, WTC San Diego is expanding the “Discoversdbiz” web tool to encompass the broader innovation economy and automate the platform in order to connect foreign delegations to SMEs throughout the region. SMEs.
October 20, 2017

Strengthening ties between San Diego and the U.K., Congressman Scott Peters (CA-52) and World Trade Center San Diego led a delegation to London and Cambridge, United Kingdom from October 16 – 19. Check out #SDinUK for the inside scoop.

Rep. Peters and World Trade Center San Diego were joined by more than two dozen San Diego delegates from Cubic Transportation Systems, Qualcomm, San Diego Gas & Electric, Edico Genome, Takeda California, NuVasive, Forge Therapeutics, BioMed Realty, Alexandria Real Estate, Biocom, UC San Diego, San Diego State University and others. 

Over the course of the three-day trade mission, two significant announcements, representing both the smart cities and life sciences space, were made.

San Diego became the first west coast city to enter London’s Business Welcome Programme. As part of the agreement inked between World Trade Center San Diego and London & Partners, London Mayor Sadiq Khan’s official economic development and tourism agency, London-based companies will have access to up to three months of free space at WeWork San Diego, as well as a suite of other services designed to accelerate their ability to grow in San Diego.

Continually, San Diego-based Forge Therapeutics announced the launch of BLACKSMITH, a new platform being developed in partnership with Evotec AG’s U.K. team. With more than 23,000 people dying in the U.S. annually due to resistance to anti-biotic superbugs, Forge’s new platform will aid in bringing lifesaving drugs to the market. The partnership will also enable Forge to create additional jobs in San Diego.

Additionally, Rep. Scott Peters and the delegation met with and spotlighted the following companies and held additional meetings and panels to expand on the following topics:

  • San Diego-based Cubic Transportation Systems (CTS) and its partnership with Transport for London (TfL). During this event, leaders heard from CTS’ president Matt Cole and TfL’s CTO Shashi Verma on how the collaboration moves millions of people across London daily.
  • An MOU signing between Biocom and OneNucleus, both trade organizations that represent the life sciences sector in their respective locations, to strengthen partnerships.
  • A conversation about leveraging electric vehicle technology as a key platform for smart cities in the U.K. with Qualcomm and SDG&E. During the panel, it was announced that Chargemaster, a licensee of Qualcomm’s wireless electric vehicle charging technology, has just opened the world’s first EV Experience Centre in Milton Keynes in the U.K. and is looking to expand elsewhere around the world.
  • A partnership agreement in Cambridge for a ground-up development project by San Diego-based BioMed Realty, comprising 100,000 square feet of laboratory and office space for growing life sciences companies. The partnership launch was attended by newly-elected Cambridgeshire and Peterborough Mayor James Palmer.
  • A tour and best practices exchange with Knowledge Quarter, a one mile area of London comprised of eight higher education institutions, 22 museums and galleries, 34 libraries and archives, 580 research centers, 3,000 scientists, 13,700 academics, 57,000 staff and 98,500 students. Knowledge Quarter is home to companies including The British Library, Google, The Guardian, University of London and others.
  • San Diego-based Edico Genome and a partnership with U.K.-based Congenica. Simultaneously, Edico Genome, in partnership with Amazon Web Services and Children’s Hospital of Philadelphia, set a GUINNESS WORLD RECORD title for “Fastest time to analyze 1,000 human genomes.” The award was presented at the American Society of Human Genetics 2017 Annual Meeting in Orlando.

The U.K. is one of San Diego’s most vital trading partners. U.K.-based companies directly support more than 10,000 local jobs and have poured more than $3.9 billion in greenfield investment (2003-2015) into San Diego’s economy. The U.K. is also one of the top 10 largest export markets for San Diego-produced goods and services.

The trade mission was organized by WTC San Diego, with assistance and support provided by the U.K. Department of International Trade.

June 5, 2017

San Diego knows how to build companies that the rest of the world values. Case in point: Last month, El-Cajon based Calbiotech, a diagnostics company, was acquired by ERBA Mannheim, a medical device manufacturer based in Mannheim, Germany.

In 2016, Calbiotech was part of MetroConnect, World Trade Center San Diego’s flagship export assistance program. As part of the 2016 cohort, Calbiotech received financial and programmatic resources to support their plans to expand internationally.

Calbiotech has a global footprint of more than 200 products, which are distributed to 60 countries worldwide. With the expansion announcement, Calbiotech will maintain its footprint in San Diego because of the access to key reference labs and other biotech customers throughout the region. It will also serve as ERBA’s hub and gateway to the Latin American market.

The company was referred to the MetroConnect program by Jo Marie Diamond, head of the San Diego East County Economic Development Council. “I’ve been working with Calbiotech for years,” said Diamond, “They are representative of everything positive about the San Diego economy – a focus on innovative products, a strong sense of commitment to the community, and an incredibly grounded and highly diverse team.

We’re excited to hear of Calbiotech’s next step and were very impressed with the company during their time in MetroConnect”, said Lauren Lindner, director of World Trade Center San Diego who oversees the MetroConnect Program. “Their team was incredibly savvy in their rollout to international markets, and we’re not surprised to see that a leader like ERBA took notice.”

San Diego, and specifically East County, have been an integral part of the Calbiotech success story,” said David Barka, Vice President. “San Diego is home to companies that are leading the world in innovation in science and medicine. Being in San Diego gave us access to an amazing talent pool that really helped our company grow.”

The acquisition will help Calbiotech increase access to markets across Europe and Asia add to EBRA’s extensive and far-ranging product portfolio.

M&A is an important growth strategy and capital source for San Diego companies. According to a 2016 EDC study, nearly 70 percent of San Diego’s capital in 2015 came through M&A.

Calbiotech’s acquisition mirrors the region’s strengthening ties with Germany, including the announcement of Condor’s new direct flight to Frankfurt, Germany, which began operation on Monday, May 1.

Financial details of the acquisition were not disclosed.

Applications for the MetroConnect 2017 round are now open. To apply, click here.

June 1, 2017
Calling all companies looking to go global...
 
MetroConnect, World Trade Center San Diego’s flagship export assistance program, is now accepting applications for its 2017 cohort. 
 
Made possible through a grant provided by JPMorgan Chase & Co., small to mid-sized companies in San Diego can apply for a $10,000 grant and programmatic services to assist with international expansion efforts.
 
Fifteen local companies will be selected. Apply now through June 30, 2017.
To date, the 30 companies that have gone through the MetroConnect program (2015-2016) have collectively generated $10.5 million in new export sales, signed more than 70 new contracts, added 50 new jobs to the region, set up nine new overseas facilities and seen three successful company exits.
 
Past participants include Calbiotech, Rough Draft Brewing, Deering Banjo Company, Cypher Genomics (now part of Human Longevity Inc.), ROBO 3D and more.
 
Learn more at metroconnectsd.org and apply here
 
 
May 11, 2017
This week, World Trade Center San Diego and UC San Diego’s School of Global Policy and Strategy (GPS) welcomed Alan Beebe, President of the American Chamber of Commerce in China, for the third and final Global Forum program of the year. The event was held in the Harbor View room at Tom Ham’s Lighthouse.
 
The presentation focused on the findings of the 2017 China Business Climate Survey Report, released by the American Chamber of Commerce. Alan Beebe provided insight on the obstacles American companies face in China today, and how these obstacles are leading to adjustments in strategy for the future. Following the presentation, Mr. Beebe was joined by Dr. Karl Gerth, Chinese Studies program director at UC San Diego for a moderated Q&A session.
 
Sponsored by Bank of America, the Global Forum initiative offers GPS’s high-profile, visiting scholars a chance to address the region’s local business community.