San Diego’s Good News of the Week – January 21, 2022

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 21, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

San Diego Biz Hub: Free digital services for small businesses

GoSite and EDC are still accepting applications for the San Diego Business Hub, which offers small, service-based businesses the full suite of GoSite products at no cost. SDbizhub.com is seeking applications from minority-, women-, veteran- and other historically economically under-resourced small business owners throughout San Diego County.

Apply Now


Additional resources:

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Candela Delucchi
Candela Delucchi

Coordinator, Marketing

San Diego’s Good News of the Week – January 14, 2022

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 14, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

Save the date: EDC’s Annual Dinner

Save the date for EDC’s Annual Dinner 2022, which will again gather more than 900 business and community leaders for a night of celebration of our organization and region on June 9 in iconic Petco Park. Stay tuned for registration, program details, and award updates.

Interested in sponsoring? Contact Jennifer Storm.

Read More

EDC is hiring, join our team!

EDC is hiring a Research Manager / Sr. Manager with 3+ years of experience to analyze, synthesize, and visualize data to inform a diverse set of stakeholders and senior professionals from the region’s leading companies, nonprofits, and policy makers. EDC is also accepting applications for its Marketing and Communications internship.

Apply Now


Additional resources:

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Candela Delucchi
Candela Delucchi

Coordinator, Marketing

A note from Dr. Clarke

Like we do every year, our team spent the last few months of 2021 working with EDC’s executive committee, board, and investors to establish annual goals that are informed by current economic realities, led by employers, and have measurable outcomes that contribute to prosperity and competitiveness across the binational region. As San Diego emerges from a global pandemic to an economy full of contradictions—strong job growth, eye-watering VC numbers, and massive capital investment as well as widespread labor shortages, small business closures, and housing prices almost 30 percent higher than 2019—it is abundantly clear that smart economic development is inclusive economic development.

In 2021, EDC reframed our organizational goals around these fundamental building blocks of a strong economy—quality jobs, skilled talent, and thriving households—and committed to working with and through our investors to accelerate progress towards these Inclusive Growth goals. In 2022, resilience means connecting more people to innovation industries; competitiveness means more San Diegans have the skills the economy needs; and prosperity means that working families can afford to live here. Please find EDC’s 2022 goals outlined below.

JOBS

Goal: The region needs to create 50K quality small business jobs by 2030.

EDC will contribute to this goal in 2022 through:

  • Industry Insight: Track regional business sentiment and economic resilience via regular research publications, and complete AI industry series.
  • Business Services: Execute 250+ business expansion, attraction, and retention projects and support major mixed-use projects, leading to 5,000 quality jobs. Leverage the Life Sciences Task Force to establish a “one-stop-shop” framework for expansion support for Life Sciences industry and major development projects.
  • World Trade Center San Diego: Execute MetroConnect VI export accelerator program and expand the export Small Business Development Center to support 35+ export-ready companies, leading to $5M+ in new international sales. Enhance binational project support in priority industries.

TALENT

Goal: The region must create 20K degreed and credentialed workers per year by 2030.

EDC will contribute to this goal in 2022 through:

  • San Diego: Life. Changing.: Communicate opportunities for diverse, skilled talent in San Diego—especially to strategic competitive markets by enhancing Life Sciences recruiting tools.
  • Advancing San Diego: Maintain employer working groups and network of 40+ Preferred Providers for high-demand occupations, update and release regular talent demand reports, and place 80+ Healthcare and Life Sciences interns.

HOUSEHOLDS

Goal: The region must create 75K newly thriving households by 2030.

EDC will contribute to this goal in 2022 through:

  • Anchor Collaborative: Set shared regional procurement goals for region’s largest purchasers, identify $100 million in new small business spend, and create supplier navigation map.
  • Global Identity: Advance San Diego’s global agenda, support investments in critical infrastructure, and lead Mayoral Thriving Cities trade mission to international market.
  • Inclusive Growth: Create regional alignment on Inclusive Growth goals, launch downtown research and policy collaboration at UCSD’s Park & Market, and execute demonstration project on infrastructure needs.

EDC programs have real, measurable outcomes—supporting thousands of quality jobs, placing hundreds of interns and job seekers, and creating opportunities for millions of dollars of new contracts for small businesses. But ultimately, even the most driven and passionate team won’t substantially move the needle on these ambitious regional goals; we do not ourselves create jobs, train workers, draft policy, or build roads, high-rises, or housing. You do.

EDC can draft the roadmap, but you all—our region’s largest employers—are the only ones who will get us there, through working collaboratively and creatively to accelerate progress towards our regional 2030 goals. That is what “with and through” our investors means, and we at EDC can’t wait to get started.

– Nikia

READ EDC’S MONTHLY REPORT

READ EDC’S 2021 ANNUAL REPORT

SEE SAN DIEGO’S GOOD NEWS OF THE YEAR

San Diego’s Good News of the Week – January 7, 2022

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of January 7, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

EDC’s 2021 Year in Review

This past year, EDC welcomed new team members, investors, and board members, adding momentum to the goals we set for 2030 that together create a platform for inclusive economic growth. We’ve taken stock of EDC’s most impactful work in 2021—made possible with and through all of you.

Read More

EDC is hiring, join our team!

EDC is hiring a Research Manager / Sr. Manager with 3+ years of experience to analyze, synthesize, and visualize data to inform a diverse set of stakeholders and senior professionals from the region’s leading companies, nonprofits, and policy makers. EDC is also accepting applications for its Marketing and Communications internship.

Apply Now


Additional resources:

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

Candela Delucchi
Candela Delucchi

Coordinator, Marketing

Open Now: California Competes Tax Credit

ABOUT THE California Competes Tax Credit

Is your businesses growing in the state of California over the next five years, or at risk of leaving California? Applications are now open for companies seeking a tax credit to offset state income tax liability.

Applications are also open for the California Competes Grant, which has $120 million in funds available for eligible companies.

Awards are primarily based on the following factors, including:

  • Number of jobs created or retained
  • Anticipated amount of new capital investments
  • Overall economic benefit to the state
  • Opportunities for future growth and expansion

For more information on eligibility and assistance, visit the Governor’s Office of Business and Economic Development (GO-Biz) website.

APPLY by JANUary 24

Get help applying

Learn about the application process via California GO-Biz’s on-demand webinars:

  • January 5, 9:30–10:30 a.m. PST | Register
  • January 13, 4:00–5:00 p.m. PST | Register
  • January 18, 11:00 a.m.–12:00 p.m. PST | Register

Fill out the form linked below to request application assistance from EDC staff, free of charge.

“Creative Electron is very pleased with the support received from CMTC and EDC. We are constantly thinking of our growth goals and how to get there. We believe our people and diversity make us great, and by providing them with the tools to expand their skill set, we are confident we will be able to exceed our ambitious goals.”
–Mariem Ortiz, VP of Operations at Creative Electron, which secured a California Competes Tax Credit of $446,700.

HELP MY BUSINESS APPLY

EDC’s 2021 Year in Review

In many ways, 2021 felt like a whirlwind. With the remarkable wins powered by San Diego’s innovation and resilience coupled with the lingering impacts of the pandemic, it can be surprising how much has changed while so much felt the same. This year, EDC welcomed new team members, investors, and board members, adding momentum to the goals we set for 2030 that together create a platform for inclusive economic growth. The need to develop more quality jobs within our small businesses, more skilled workers, and more thriving households across San Diego is more imperative than ever before. As this year comes to an end, we’re taking stock of EDC’s most impactful work in 2021—made possible with and through all of you.

JOBS

High growth industries create quality jobs and enable economic mobility across our binational region. The 2030 inclusive growth goals require the region to create 50,000 quality small business jobs by 2030. In 2021, EDC jobs programs contributed to this goal by assisting companies of all sizes with expansion and retention, and by facilitating sustainable connections to customers and markets.

see how we helped businesses this year

 

TALENT

Skilled talent fuels the growth of the innovation economy. To keep up with anticipated growth, the 2030 inclusive growth goals require the region to create 20,000 degreed and credentialed workers per year by 2030. In 2021, EDC talent programs showcased the region’s opportunities, aligned education with industry needs, and increased diversity in high demand occupations.

  • With a focus on talent shortages and skills needed, as well as the changing demands of the region’s workforce, EDC’s Research Bureau published regular research publications including the Economic Snapshot and Data Bites; a five-part San Diego’s Changing Business Landscape series; and two Artificial Intelligence and Machine Learning economic impact reports on key clusters Cybersecurity and Transportation. Read the full AI-ML series.
  • San Diego: Life. Changing. communicated opportunities for skilled talent in San Diego—especially to strategic competitive markets—by enhancing recruiting tools and profiling 160+ exciting opportunities in STEM fields. This year, San Diego: Life. Changing. begun pivoting its focus to primarily spotlight scientific breakthroughs and career opportunities at San Diego’s Life Sciences employers. The ‘Just Say No To Winter‘ campaign is currently targeting Life Sciences markets in New York City, Boston, Chicago, Philadelphia, and Washington D.C.
  • Together with a group of industry leaders, Advancing San Diego (ASD) designated Preferred Providers in Manufacturing and Healthcare, and released talent demand reports for the local Healthcare and Life Sciences industries. To help students build meaningful careers in local, high-demand jobs, ASD hosted its virtual Career Exploration Day and welcomed its Business and Manufacturing cohorts, pairing 48 student interns with 25 small companies.

Asd, employers identify highest regional talent needs

 

households

A competitive region is an affordable and accessible one. The 2030 inclusive growth goals require the region to create 75,000 newly thriving households. In 2021, EDC contributed to this goal by providing objective analysis of emerging trends, emphasizing the need for an inclusive economic recovery from the pandemic, and facilitating public private partnerships that increase regional sustainability, affordability, and competitiveness.

  • EDC hosted two Right Recovery Town Halls that highlighted employer-driven, market-based strategies for creating a more resilient economy, one of which explored how the transition to employee ownership enables businesses to retain a dedicated workforce and ensure wealth-building that will lead to more thriving households across the region.
  • Together with local tech company GoSite, EDC launched the San Diego Business Hub, a public-private partnership offering subsidized digital tools for small, diverse businesses. The cohort of 100 service-based businesses will receive a full suite of GoSite’s digital tools at no cost for one year.

Getting this recovery right

See San Diego’s good news of the year

 

Get involved

San Diego’s Data Bites: December 2021

Presented by Meyers Nave, this edition of San Diego’s Data Bites covers November 2021, with data on employment and more insights about the region’s economy at this moment in time. Check out EDC’s Research Bureau for even more data and stats about San Diego.

KEY TAKEAWAYS

  1. San Diego establishments added 15,000 jobs to the region’s economy in November, bringing total nonfarm employment to 1,469,800. Meanwhile, the unemployment rate dropped to 4.6 percent from a revised 5.3 percent in October. Although total employment is still 45,400 lower than pre-pandemic levels, job growth is trending in the right direction.
  1. Retail Trade showed the largest employment gains in November with 5,400 payroll positions added, which is unsurprising as local retailers prepared for the holiday season. In fact, according to Affinity Solutions, consumer spending in San Diego during November was about 20 percent greater than January 2020.
  1. Housing affordability is a perennial issue for San Diego. Even taking geographic variation into consideration, all but one ZIP code in San Diego is unaffordable when comparing median income to average mortgage payments. High cost of living in San Diego could push away the talent that businesses need to compete both domestically and internationally.

Employment gains continue across industries

Following October’s impressive employment gain–revised to 29,100 jobs added– employers in San Diego added 15,000 payroll positions, most of which is from hiring for the holiday season. Employment in Retail Trade increased by 5,400 and was fairly consistent throughout subsectors. Despite brick-and-mortar establishments remaining open, novel variants of the COVID-19 virus remain a concern, creating hesitancy to return to work or shop in-person.

As such, e-commerce and online retail are expected to have record years, reflected in part by employment gains in Transportation and Warehousing of 2,200 jobs. Since more consumers are shopping online this holiday season than in previous years, online retailers are employing more workers in fulfillment centers and warehouses. In fact, Amazon is further expanding its footprint in the region, with a new warehouse and jobs in Otay Mesa.

Although these employment gains are often seasonal, San Diego’s thriving Life Sciences cluster is driving growth of quality jobs in Professional and Business Services, with Scientific Research and Development Services adding 700 jobs in November. These jobs are not only high-paying, but the ripple effects through the rest of the economy are significant, as every job in Scientific Research and Development Services supports two jobs elsewhere in the economy through indirect and induced effects.

Affordability remains a challenge

It is no secret that coastal regions are some of the most expensive places in the world to buy a home, and San Diego is no exception. Although the housing affordability crisis was present before COVID, the pandemic has had profound effects on the housing market. Home sales in San Diego skyrocketed across 2020 and 2021, taking home prices along for the ride to record highs. Although the determinants of this activity are many, the Great Reshuffling of workers played a large role in what the housing market has experienced over the past two years. The relocation of workers has many facets, but two stand out: workers being forced to move to a more affordable region due to being laid off; and the adoption of remote work by many employers.

As some workers were forced out of San Diego in search of employment and more affordable housing, others fortunate enough to keep their jobs in a remote work environment were afforded the opportunity to move into the region. Anecdotal evidence abounds of homes being sold in the snap of a finger, in cash, and above listing price. Over the course of the pandemic, the ratio of median home sales price to median home list price was greater than one in many ZIP codes in San Diego. This means that demand for homes was so great over the pandemic that competitive offers for purchasing a home needed to come in above the listing price.

While the sale-to-list ratio sheds light on activity in the housing market, affordability is captured by the ratio of median household income to average mortgage payments, with higher numbers implying better affordability. Generally speaking, mortgage payments should comprise about 30 percent of household income–an income to payment ratio of 3.3; any more than that is considered housing cost burdened. We calculated the average monthly mortgage payment for the median priced home in ZIP codes across San Diego, using mortgage rates provided by FRED and assuming zero percent down. Comparing the median household income in each ZIP code to these average mortgage payments gives an indication of the level of affordability in a given geographic area.

True to the trend, coastal communities in San Diego are the least affordable, with many ZIP codes showing an income to payment ratio below 1. In fact, there is not a single coastal community that exhibits an income to payment ratio above 1.4. This means that if the median income household purchased a home at the median price for that particular ZIP code, approximately 71 percent of their monthly income would be allocated toward their mortgage payment.

As can be seen in the interactive map above, the further away from the coast, the more affordable housing is relative to the coastal communities. However, this does not simply imply that housing is affordable in absolute terms. Taking an income to payment ratio of 3.3 as the threshold of housing cost burdened, only one zip code in San Diego qualifies as affordable: Palomar Mountain, 92060.

San Diego is an unaffordable market for a majority of home buyers, especially first-time home buyers who were born and raised here. The most pressing problem is the slow pace of new construction permits, which are not keeping up with population growth and housing demand in San Diego. As San Diego becomes a more expensive place to live, talent is steered away from the region. Developing, recruiting, and retaining this talent is pivotal for the success of regional businesses, both large and small.

Interested in more? You may also like to read:

San Diego’s Good News of the Year 2021

Even as pandemic challenges continue to linger, we look back on a year marked by life-changing innovation and community resilience across San Diego. From scientific breakthroughs to tech company expansions and record venture capital investment, 2021 allowed us to look toward recovery and compete on a global stage.

Read on for some of this year’s biggest headlines, all made possible by those who call the San Diego region home. Here’s to continued collaboration, resilience, and inclusion in 2022.

-Team EDC

Venture capital floods local startup ecosystem

San Diego secured record-breaking venture capital investment, outpacing 2020 by more than $2.6 billion. Some of San Diego’s standout startups and raises include:

  • ClickUp raises $400M, bringing its valuation to $4B
  • MetroConnect alum Cloudbeds raises $150M
  • Drata raises $100 million Series B, becomes unicorn
  • Flock Freight raises $215M, becomes unicorn
  • JuneShine raises $24M for its better-for-you hard kombucha
  • Shield AI raises $210M for AI drone tech, becomes unicorn
  • Tyra Biosciences goes public, raises $199M

Plus, acquisitions and IPOs steadily poured in throughout the year:

San Diego companies lead the charge against COVID-19

As the world continues to grapple with COVID-19 and its new variants, San Diego companies met the moment by developing new treatments, rapid-result testing solutions, and more aimed at getting us to a post-pandemic era:

Companies relocate, double-down amid pandemic

As locals, we know our region is special. And as San Diego competes on a global stage, debunking myths that we’re just a surf and beer town, countless innovative companies took notice. Here are some of our region’s newest transplants:

Homegrown research and innovation fosters global impact

Beyond COVID-19, San Diego’s Tech and Life Sciences employers continued to make waves across a diversity of industries, from oncology and genomics to manufacturing and artificial intelligence (AI), and everything in between:

San Diego’s defense industry lands major contracts

In 2021, the U.S. military contributed an estimated $35 billion in direct spending to San Diego defense companies. As an intrinsic part of our region, these companies scored major contracts to help mobilize and protect our troops and country:

San Diego earns the rankings to back it all up

From heavyweights to fast-growing startups, San Diego’s companies, talented workforce, and innovative industries (like our rising blue economy featured on CNBC’s ‘Streets of Dreams’), are getting noticed around the world. And we earned the numbers to show for it:

Quality of life amplified in San Diego

This year, San Diego saw its international border announce a new port of entry, artistic developments decorate our iconic skyline, and transportation infrastructure better connect our region, all of which made life even better here at home:

Tourism industry looks inward to support community

As the economy began to reopen, one of San Diego’s hardest hit industries made great progress towards recovery. The region welcomed back cruises and celebrated new and returning route service on SouthwestAir Canada, WestJetLufthansaJapan Airlines, and British Airways.

And above all, the Tourism industry pivoted to step up for our community, aid in our recovery, and set examples for the world—in true San Diego style:

GET INVOLVED

Advancing San Diego, employers identify highest regional talent needs

Now in its sixth round, Advancing San Diego (ASD) addresses skilled talent shortages and increases diversity in high-growth, high-demand jobs. A program of EDC and key community partners, ASD leads employer collaboratives that recognize local training programs most effectively preparing San Diegans for quality jobs; pairing students of those programs with local employers for paid internships; and strengthening community partnerships to power San Diego’s talent pipeline of tomorrow. 

To help students build meaningful careers in local, high-demand jobs in key industries, ASD welcomed its Business and Manufacturing cohorts this year, pairing 48 student interns with 25 small companies, of which 19 were woman-, person of color-, veteran-, or disabled-owned. All of the 48 student interns were considered priority students, meaning they identified with a historically under-resourced population, are a first generation or community college student, or currently live or went to high school in a low income neighborhood of San Diego. 

ASD is currently convening employers from the Healthcare industry and has recognized seven programs as Preferred Providers for their work in training Medical Assistants. Students from those programs will be placed in internships beginning in early 2022. See the full network of Preferred Providers here

Advancing San Diego by the numbers, 2021

48

student interns placed

25

small companies paired with high-demand talent

99

job applications submitted on Career Exploration Day

A core part of this work includes direct collaboration with industry. ASD convened six working groups made up of industry leaders from San Diego companies including Northrop Grumman, Rady Children’s Hospital, and Takeda, among others, who together shared the most-needed roles in their firms by sector. Each of their findings were summarized in the talent demand reports below:

These reports serve to inform curriculum for universities and education programs to develop our regional talent pipeline.

Learn more and get involved here, or contact us!

Taylor Dunne
Taylor Dunne

Manager, Talent Initiatives


2021: World Trade Center San Diego supports 50 businesses as region works toward recovery

15

companies supported

850

jobs supported

$10 M

net export increase, 2021

World Trade Center San Diego (WTCSD), an affiliate of San Diego Regional Economic Development Corporation (EDC), cultivates a pipeline of export-ready firms, maximizes foreign direct investment (FDI) opportunities, and enhances San Diego’s global identity. A globally-connected economy creates quality jobs and makes the San Diego region more prosperous, competitive, and resilient – especially crucial amid COVID-19 and its aftershocks.

As we look toward 2022, here are four key ways WTCSD helped make San Diego a more globally competitive, resilient region:

1. MetroConnect V helps companies go global, awards fifth winner

2021 was an exciting year for WTCSD’s MetroConnect export accelerator program as the fifth cohort of incredible small to mid-sized San Diego companies wrapped up participation in the program.

These companies received $5,000 grants to bolster their export initiatives and international expansion efforts. Amid a pandemic, companies needed more digital support services than ever to help navigate growing e-commerce needs during the pandemic. To support, WTCSD held a Digital Trade Series, which assessed each client’s needs and arranged one-on-one counseling sessions with contracted e-commerce experts.

Over the course of the program, one company stood out – with MetroConnect’s support, satellite-based communications and fleet management company Blue Sky Network generated a 36 percent increase in monthly recurring revenue in Brazil, as well as its largest order to date. To support this growth, the company hired seven new full-time employees. Ultimately, WTCSD crowned Blue Sky Network MetroConnect V’s winner and awarded it a $25,000 grant toward its international expansion goals.

Over the past five years of MetroConnect, 80 companies collectively leveraged $890,000 in export grants, resulting in a $95 million net increase in exports from the San Diego region.

2. WTCSD debuts a regional trade and investment strategy for 2025

In 2015, San Diego Regional EDC’s release of “Go Global: San Diego’s Trade and Investment Initiative,” launched the World Trade Center in San Diego, bringing regional companies and stakeholders together with a global vision. Throughout 2020 and early 2021, WTC engaged many of the same partners, and new ones, in an effort to gauge how the region measured up to it, more than five years later. This 2021 update analyzed the state of exports, foreign investment and VC, as well as the extraordinary impact of COVID. Through rigorous data analysis dozens of interviews with public and private-sector leaders, WTC synthesized a set of five key priorities the region should focus on over the next five years. Find out what they are here. Key findings include:

  • 2020 saw $3 billion in foreign investment into San Diego
  • 73 percent of investment into San Diego is in Life Sciences
  • San Diego exports $22 billion in goods each year
  • San Diego is a top 10 services exporter among U.S. metros

Heading into 2022, we expect to see FDI investment portfolios return to the same levels seen in 2019.

3. Export Small Business Development Center (SBDC) supports export and COVID-relief projects

Beyond MetroConnect, the Small Business Development Center (SBDC) at WTCSD provided 35 export-ready small companies with the support needed to navigate international goals, including exports, manufacturing support, and more.

In addition to expansion support, the Export Specialty Center continued to offer COVID-19 recovery resources at no cost, helping San Diego companies like Funki Adventures apply to Economic Injury Disaster Loan (EIDL), Paycheck Protection Program (PPP) 2nd Draw, Shuttered Venue Operators Grant, and City and County small business grants.

Finally, the Global Readiness Program saw a partnership between WTCSD and the University of San Diego help local small to mid-sized businesses secure STEP grants to grow the regional export pipeline.

4. WTCSD serves as a key source of market intelligence

WTCSD conducted a series of business surveys to better inform decision making of regional partners and affiliates. These included:

Corporate Travel Survey:

  • Survey of 12 large businesses and two non-profits in the region to better understand travel and budgets forecasts for the year ahead. This information was critical for the retention of existing service out of SAN and for the attraction of future direct flights. It found:
    • 79 percent of respondents are willing to pay a premium to fly on a San Diego nonstop route versus flying out from Tijuana or Los Angeles
    • 56 percent of respondents expressed a desire for nonstop service to Mexico City and Sao Paulo

EDC Changing Business Landscape Survey:

  • Survey of more than 100 business in the San Diego region, aimed at informing long-term development priorities, across business areas. It found:
    • 14 percent of respondents currently import and/or export out of the Port of San Diego
    • 24 percent of those surveyed would be interested in using the Port of San Diego if they provided service to the types of goods they ship

READ THE FULL REPORT

Interested in growing your business internationally?

World Trade Center San Diego works directly with companies – free of charge – to help them expand internationally and grow in San Diego. Whether your small company is interested in learning about exporting and international growth, or your small or medium-sized company is ready to export and grow internationally, World Trade Center San Diego is here to help.

Ready to export? Apply to MetroConnect VI by December 17.

Want to know more about WTCSD? Click here to receive our monthly Global Brief Newsletter, delivered straight to your inbox.