A note from Mark

Keep the “Good News” coming

EDC investors, board members, and partners,

I hope this message finds you well. While the news and the constant barrage of information surrounding us these days can feel a bit heavy and negative, I want to remind you all that for the last 13 years, the EDC team has been putting out “Good News of the Week” every Friday to make sure San Diegans end the week on the highest possible note. We always do our best to filter through everything we can to find news of businesses expanding and growing, universities receiving new accolades and funding, non-profit partners improving the community while improving the economy, and other milestone achievements advancing San Diego’s regional and global competitiveness.

Still, we would love to hear more milestones in innovation, collaboration, creativity, integrity, and inspiration that are found in all corners of our county and our binational region. Consider this my invitation and reminder to submit your own Good News and make sure we don’t miss out on elevating your stories.

In the spirit of sharing “Good News”, the incomparable Sir Elton John is coming back to Petco Park to perform at Curebound’s Concert for Cures on Friday, May 9. As we heard from EDC Investor and Curebound CEO Anne Marbarger in our January EDC Board Meeting, the nonprofit raises money for grants that support San Diego’s top research institutions in the fight against cancer. Join Lauree, me, and the broader San Diego business community as we help raise critical funds for cancer research, and officially say farewell to Sir Elton John. Explore Curebound’s Concert for Cures table and ticket information, or contact Anne directly at anne@curebound.org.

So again—keep the “Good News” coming. I can assure you there is not a week that goes by where someone in this community (or even outside of this community) doesn’t remind me of how uplifting it is to read about your collective successes, breakthroughs, wins, and moments worth celebrating.

Thank you as always for your leadership and support, and for continuing to make San Diego the unique and amazing place that it is.

With respect and admiration,
Mark

Mark Cafferty
Mark Cafferty

President & CEO

Read EDC’s monthly report

Buy your tickets

San Diego’s Good News of the Week – April 25, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of April 25, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

 

MetroConnect VII PitchFest 2025

Join us and 200+ international business professionals on June 5 to celebrate MetroConnect VII, World Trade Center San Diego’s latest export accelerator cohort. Hear our top four MetroConnect companies pitch for a $25,000 grand prize, cast your vote, and enjoy an evening of networking with top regional exporters, trade offices, and consulates.

Space is Limited—Register Now


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego employers share 2025 talent needs across critical roles

To better understand San Diego’s talent demand in priority industries, EDC’s Advancing San Diego program partnered with BW Research to conduct a comprehensive talent demand survey focused on business, computing, and engineering occupations. A survey of 264 businesses in San Diego County was fielded in March 2025. The survey prioritized larger firms to develop a more comprehensive profile of each of the listed occupations. All companies surveyed had at least five employees. Participation spanned all four of the primary regions in San Diego (North County, South County, East County, and Central San Diego) and several industries to ensure diversity of responses.

Talent Demand Report 2025 updates

This data-driven effort supports Advancing San Diego’s Verified Program process and provides a real-time look at the workforce needs of local employers. Results show that while businesses are ready to grow, many face ongoing challenges in finding candidates with the skills and certifications needed to fill both entry- and mid-level roles.

Key findings

  • The largest share of employers considered internally-facing business roles—finance, purchasing, or project management positions—the most important out of all business, computing, and engineering roles.
  • The most difficult entry-level roles to fill included general engineers, project managers, engineering technicians, and software developers.
    • Businesses that prioritized engineers cited engineering as the most difficult occupation to fill with qualified entry-level talent.
    • Entry-level software developer roles took the longest for companies to fill, with 19 percent of companies reporting that it takes more than six months to fill this role.
  • The most challenging experienced position to fill was software developers, followed closely by experienced general engineers.
  • In computing, employers prioritized IT and network security skills, with certifications like A+, Security+, and CCNA frequently required or preferred.

What’s next?

Advancing San Diego verifies educational programs that meet or exceed industry expectations across five key areas. Programs that earn this designation gain public recognition and connection to regional employers.

The 2025 application is now open for business, computing, and engineering programs. Programs that are already verified do not need to reapply; see current roster here.

Timeline

  • April 21: Verified Program application opens
  • September 26: Application deadline. EDC notifies programs that passed part one of the application process
  • November 13: Verified Program Designation Day
    • Programs pitch to industry to share diversity, equity, and inclusion efforts at in-person event. Industry participants fill out rubrics based on program pitches as part two of the application
  • Early December: EDC announces Verified Programs

Apply Now

Explore more Talent Demand Reports

Check out Talent Demand Reports across other priority sectors to stay up to date on workforce trends in San Diego.

Dive into the data

Use EDC’s Data Dashboard to explore how local education programs align with regional workforce needs and identify equity gaps in real-time. The dashboard highlights race and gender disparities, program completions, and connections to priority occupations—all designed to support more data-informed talent development efforts in San Diego County.

To learn more and get involved in EDC’s work, contact:

Olivia Jones
Olivia Jones

Coordinator, Talent Initiatives

San Diego’s Good News of the Week – April 18, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of April 18, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

 

Export SBDC Webinar: Export 102

You’re ready to export and sell internationally…now what? If you’re a San Diego small business with little to no experience in exporting, join our free webinar on April 30. Learn the fundamentals of exporting from World Trade Center San Diego’s Export SBDC advisor.

Join Us Apr. 30


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – April 11, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of April 11, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

 

Celebrate 60 years with us at Annual Dinner

This year marks EDC’s 60th anniversary: Join us at Petco Park on May 15 in celebration at our Annual Dinner! We’ll hear briefly from EDC leadership, celebrate this year’s award winners, and walk on the field to enjoy our dinner reception and inspiring conversation at Gallagher Square.

Join Us May 15


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – April 4, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of April 4, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

 

Career opportunities available at EDC

Know anyone passionate about supporting the region’s business and economic growth? We are now hiring for an entry-level Economic Development Coordinator, managing company inquiries, and coordinating strategic partnerships and resources for local businesses. The application will be open until the position is filled—spread the word!

Learn More


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

EDC report: Annual Inclusive Growth Progress

Report: Gaps in accessibility challenge the region’s goals

Today, San Diego Regional EDC released its Inclusive Growth Progress Report, using the most up to date and available data (2023). With new progress and bold objectives set around increasing the number of quality jobs, skilled talent, and thriving households critical to the region’s competitiveness, the report measures San Diego’s growth and future outlook, and spotlights the greatest threats to prosperity

progress.incLUSIVesd.org

Making the business case for inclusion, EDC releases this annual report to track progress toward the region’s 2030 goals: 50,000 new quality jobs* in small businesses; 20,000 skilled workers per year; and 75,000 newly thriving households**.

Since its launch in 2017, the initiative has rallied public commitments from County, City, academic, and private sector leaders who are leveraging the Inclusive Growth framework to inform their priorities, tactics, and resource allocation. While much about the economy remains uncertain and inclusion is challenged at the national level, intentional and consistent efforts by a diverse set of regional stakeholders will be key to achieving these goals.

THE STORY BEHIND THE DATA

Halfway through the decade, the San Diego region continues to make progress towards its 2030 goals with increases in quality jobs, post-secondary education completions, and median household incomes in communities of color. Nevertheless, gaps in accessibility continue to challenge the region’s competitiveness.

In terms of quality jobs, San Diego has made immense progress towards the 2030 goal and is even projected to exceed it. However, while quality job numbers have increased, small businesses are struggling with a stagnant pace in job growth, talent acquisition, and staff retention. These challenges further the gap between small and large businesses and threaten small businesses’ ability to compete.

With many small businesses considering leaving the region due to funding and staffing challenges, it is vital that these firms have access to new markets. San Diego anchor institutions can make an immense impact by shifting just one percent of existing procurement spend to small, local, and diverse businesses.

San Diego’s innovation economy has positioned the region as a global hub for breakthrough scientific research and life-changing technological advancements. Yet, our talent shortage poses a threat to San Diego’s competitiveness and talent goal. A key issue continues to be accessibility for low-income students who make up the workforce of tomorrow but are underrepresented in today’s workforce. While Hispanic and Latino students make up almost half of San Diego’s K-12 students, only 20 percent are currently represented in the innovation economy workforce.

Furthermore, less than 40 percent of Black and Latino students from the graduating class of 2023 were considered college-ready upon graduation, which translates into less students opting into post-secondary education. This lack of preparation, coupled with the increasing requirement of a bachelor’s degree for entry level jobs, is exacerbating the talent crisis in the innovation economy. If San Diego is going to meet workforce needs and the talent goal by 2030, greater efforts must be made to enable access and opportunity for local, young, and diverse students.

With rising housing, transportation, and grocery costs, San Diego remains one of the most expensive metros in the country. While median household incomes have seen significant growth—especially in Black and Latino households—they still struggle to keep pace with rising costs. There is also a racial disparity in San Diego’s ratio of housing wealth to population share. For example, Latino households represent 27.4 percent of the population but hold only 17 percent of the region’s housing wealth.

While not at pre-pandemic numbers yet, San Diego has added 49,916 newly thriving households as of 2023, notable progress in the face of increasing affordability pressure. In order to sustain progress, housing options must be made available at more affordable price points, and housing permit activity needs to be accelerated to meet regional goals—especially for affordable and middle-income units.

Join the movement

Learn more and get involved with EDC:

Read the full report here, and all previous updates at progress.inclusiveSD.org

The initiative is sponsored by Bank of America, Burnham Center for Community Advancement, County of San Diego, JPMorgan Chase & Co., Prebys Foundation, SDG&E, Southwest Airlines, and TOOTRiS.

more at inclusiveSD.org

*Quality job = $23.88 per hour wage + healthcare benefits.

**Thriving household = total income covers cost of living for renter- or owner-occupied households, at $77K and $124K respectively.

San Diego’s Good News of the Week – March 28, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of March 28, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Life in San Diego: Del Mar

In an effort to showcase all that makes San Diego: Life. Changing., EDC’s talent attraction brand highlights Del Mar: a picturesque coastal city offering delicious eats, activities for all ages, and cutting-edge innovation.

Read More


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – March 21, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of March 21, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Investor Spotlight: Breakthrough Properties

EDC’s impact is made possible with and through the investment of more than 150 public agencies, private organizations, companies, and developers. We sat down with EDC investor Breakthrough Properties to learn more about the developer’s work to help grow San Diego’s globally-renowned Life Sciences ecosystem—and why it invests in EDC.

Meet Breakthrough Properties


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – March 14, 2025

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. GNOTW is sponsored by Manpower.

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

For the week of March 14, 2025, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Inclusive Growth Spotlight: Commute with Enterprise

To celebrate and inspire the efforts of regional employers, EDC published a spotlight on Commute with Enterprise and its efforts to support new and thriving households—one of three pillars of the 2030 Inclusive Growth goals.

Learn More and Join the Movement


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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications