EDC Monthly Report

January 2021

A note from Dr. Nikia clarke:

Every year at EDC, our team spends November and December moving through a structured goal setting process together with our investors, our executive committee, and our board. We work to establish objectives for the year that are responsive to the demands of current economic conditions; that are led by the businesses that create jobs for San Diegans; and that have measurable outcomes that contribute to prosperity and competitiveness across the binational region. Learn more about our 2021 goals.

By the numbers

6.6%

San Diego County Unemployment Rate

365

Businesses Assisted in 2020

8.2K

Jobs Impacted* in 2020

476

Companies assisted with COVID-19 relief in 2020.

* “Jobs Impacted” is derived from self-reported numbers associated with those businesses EDC has assisted year-to-date.

Fast Five: North County Business Wins from 2020

It’s been a long and unpredictable year, yet it’s gone by in a flash. This year was challenging and different for everyone, but one thing rang true – the North County community showed its resiliency and commitment to collaboration time and time again. Together we celebrated the bright spots and successes and grieved unimaginable loss. And so, as we turn the chapter into a new year, Innovate78 is highlighting some of North County’s biggest business wins in 2020. Read more about the North County’s wins.

7 COVID-19 resources for small businesses – January 2021

With new federal and state legislation enacted over the holidays, it can be challenging to sift through what’s available for businesses. EDC has outlined seven new and ongoing support/resources available as businesses navigate impacts of COVID-19. Learn more here. If you need assistance accessing COVID-19 resources, let us know how we can help.

With and through our nearly 200 investors, we are creating a stronger San Diego.

December renewals and new members:

Small Business Finance
City of Encinitas