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The Big Picture San Diego Blog


WTCSD Q2 18

June 21, 2018

In March, the San Diego region officially welcomed Lufthansa’s new direct service to Frankfurt, Germany. As a key global partner to the San Diego region, Germany currently ranks fourth in terms of foreign employment (2015) and seventh in terms of total exports from San Diego (2013). 

To celebrate the new connection, WTC San Diego partnered with Lufthansa, San Diego Tourism Authority, and San Diego County Regional Airport Authority to host a luncheon with business and elected leaders from around the region. 

Continually, EDC's COO Lauree Sahba accompanied a delegation of San Diego executives to promote the flight in the European market. The delegation held meetings with business leaders in Frankfurt and Zurich to promote both the Lufthansa flight, as well as Lufthansa affiliate, Edelweiss’ direct service to Switzerland.

June 8, 2018

World Trade Center San Diego, through a grant provided by JPMorgan Chase & Co., and more than 100 business and community leaders awarded the 2017-18 MetroConnect Grand Prize to CureMatch, a local digital health company focused on personalized medicine and oncology. The company will use the $35,000 award to take its life-saving technology into the Canadian, Mexican and European markets.

“Three years in, the success of the MetroConnect program points to the importance of global trade and connectivity,” said Nikia Clarke, Ph.D., executive director of World Trade Center San Diego, the organization administering the grants. “From securing distribution partnerships in Japan to inking deals in key biotech hubs across the EU, the MetroConnect Grand Prize finalists are sharing their life-changing innovation with the world, helping strengthen San Diego’s economy and workforce.”

Managed by World Trade Center San Diego, an affiliate of the San Diego Regional EDC, and presented by JPMorgan Chase, the MetroConnect Grand Prize offers $35,000 to one of 15 companies to aid in their foreign market expansion. The complete list of finalists can be found here.

The benefits of companies going global and engaging foreign markets are well-documented. According to the Brookings Institution, companies that are global pay their employees higher wages, are less likely to go out of business and spur more efficient development of technology and R&D.

In 2017 alone, San Diego exported $23.8 billion in goods and services from diverse industries including aircraft manufacturing to pharmaceutical R&D. Small- to medium-sized businesses produce 92 percent of those goods – undergirding the importance of programs like MetroConnect.

Now in its third year, MetroConnect has emerged as the region’s premier export assistance program. Run by World Trade Center San Diego, 15 companies are selected on an annual basis and equipped with a suite of programmatic and financial resources to help them in their plans to go global. Out of 50 applicants in 2017, just 15 San Diego companies were awarded the initial $10,000 MetroConnect grant, funded by JPMorgan Chase. Since the program’s inception in 2015, the cohort companies have produced an additional $15 million in export sales and 161 new jobs for the region, collectively.

A panel of judges consisting of business and community leaders reviewed the companies’ respective accomplishments and goals as a means of selecting the top four finalists to present at the Grand Prize event: CureMatch, FoxFury, Planck Aerosystems and Tioga Research.

“CureMatch is thrilled to win the Pitchfest, with special thanks to World Trade Center San Diego and JPMorgan Chase,” said Stephane Richard, Ph.D., president and CEO of CureMatch. “Cancer has no boundaries, so while CureMatch was born in San Diego, we believe that every one of the more than 15 million people diagnosed with cancer this year deserves the best treatment. This grand prize will help CureMatch save more lives around the world.”

“JPMorgan Chase is committed to helping local businesses connect to the global marketplace,” said Tim West, region manager of JPMorgan Chase’s Middle Market Commercial Banking practice in San Diego. “We congratulate the finalists for their efforts to grow their businesses internationally while creating jobs and boosting our local economy.”

The Grand Prize event was hosted at Alexandria Real Estate on June 7, with keynote remarks by Matt Cole president, Cubic Transportation Systems and corporate senior vice president, Cubic Corporation. 

May 10, 2018

WTC San Diego is proud to announce the four finalists of MetroConnect, San Diego's premier export assistance program, presented by JPMorgan Chase. These four diverse companies will compete for an additional $35,000 in funding towards their international expansion strategies during our Grand Prize PitchFest on June 7. The catch? They will be looking to you, the attendee, to judge and award the extra cash. Read more and register here.

This year’s finalists are:

  • CureMatch | a genomics, software company that guides oncologists through its platform in selecting the most advanced personalized cancer therapies for patients
  • FoxFury | an innovative, portable, go-anywhere, lighting tools company that serves firefighting, police, military, industrial safety, hazardous area, filming, and photography
  • Planck Aerosystems | an autonomous drone company that focuses on use cases operating from moving vehicles
  • Tioga Research | a contract research organization that supports the research and early development of skin-applied products, including topical, and transdermal drugs and prestige cosmetic products


Join us June 7 for the MetroConnect Pitchfest.

 

May 7, 2018

MetroConnect is WTC San Diego’s comprehensive export support program, presented by JPMorgan Chase. Each year, 15 companies are chosen to receive support that will accelerate their global growth through exporting. Critical to the success of this program areWTC San Diego’s network of MetroConnect partners.

SYSTRAN is a pioneer in translation services and technology, delivering real-time language solutions for companies and government agencies that require the most high-performance translation services on the market. Founded in La Jolla in the midst of the Cold War, SYSTRAN has been a trusted provider of translation solutions to companies such as Symantec, Cisco, Airbus, and Barclays, as well as the U.S. Intelligence community.

SYSTRAN introduced the very first hybrid machine translation engine on the market, with software that automatically learned from existing and validated translations. More recently, SYSTRAN Pure Neural® Server will push the quality and fluency boundary further than ever before, according to SYSTRAN’s Global CTO, Jean Senellart.

As a two-time sponsor of the MetroConnect program, SYSTRAN has made its entry level suite of translation and consulting services available to the 30 participating companies, free of charge. This has allowed companies such as CureMatch and Envision Solar to focus on what they do best (saving lives and the environment) and leave the translation to the experts.

Just this past month, SYSTRAN celebrated its 50th anniversary of helping connect people around the world.

 

Join us June 7 for the MetroConnect Pitchfest.

 

May 6, 2018

WTC San Diego played host to more than 50 delegates from CCCME, a leading Chinese chamber of commerce with more than 10,000 members. The delegation, which consisted of developers, business executives, and government officials, was interested in learning about real estate, manufacturing, and investment opportunities in the San Diego region.

WTC provided an overview of the regional economy and business opportunities in San Diego with partners from the San Diego County Board of Supervisors, Imperial Valley EDC, and Cali-Baja Binational Mega-Region.

May 3, 2018

MetroConnect is WTC San Diego’s comprehensive export support program, presented by JPMorgan Chase. Each year, 15 companies are chosen to receive support that will accelerate their global growth through exporting. Critical to the success of this program are WTC San Diego’s network of MetroConnect partners.

The Japan External Trade Organization (JETRO) is a non-profit that provides business support services to companies expanding to Japan.  JETRO is organized and managed by the Ministry of Economy, Trade, and Industry (METI) and maintains 74 overseas offices, 44 regional offices in Japan, and headquarters in Tokyo and Osaka.

With the support of JETRO’s trained staff and advisors, clients can incorporate their business; receive visa, immigration, and HR support, find dedicated office space, identify local government incentives, receive market reports, and more.

One of the MetroConnect companies that received support from JETRO as part of this year's cohort is Foxfury, a portable lighting solutions company for emergency response and law enforcement. JETRO delivered a curated list of manufacturers and distributors and conducted outreach on Foxfury’s behalf. JETRO also represented Foxfury in initial meetings with distributors. These introductions eventually led to an arranged meeting, sales, and a partnership between Foxfury and Ostrich International, which will demo Foxfury products at trade shows in Japan.

 

Join us June 7 for the MetroConnect Pitchfest.

 

April 25, 2018

WTC San Diego attended the World Trade Centers Association General Assembly (GA) in Leeuwarden, Netherlands alongside leadership from the Port of San Diego. Programming for the GA included educational sessions on global trade and investment, company tours, and networking events.

Following the GA, WTC arranged meetings for the Port of San Diego relating to aquaculture and maritime technology. Post-GA programming included meetings with Dutch ports, trade organizations, centers of excellence, water tech companies, fish farms, and maritime incubators.