San Diego’s Good News of the Week – April 1, 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 April 1, 2022, here’s what we’re reading:

…and here are some events and opportunities to consider:

Investor Spotlight: Bristol Myers Squibb

We sat down with Neil Bence, EDC investor Bristol Myers Squibb’s vice president of oncology discovery and San Diego site head, to discuss its mission to discover, develop, and deliver innovative medicines that help patients prevail over serious diseases.

Read More

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 – March 25, 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 March 25, 2022, here’s what we’re reading:

…and here are some events and opportunities to consider:

EDC’s Report to the Community

On April 8, EDC will unveil data on the region’s collective progress towards the 2030 Inclusive Growth goals and hear commitments from government, academia, and community leaders to increasing the number of quality jobs, skilled talent, and thriving households. Join us for breakfast and networking at the Jackie Robinson YMCA.

Get Your Ticket

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 – March 18, 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 March 18, 2022, here’s what we’re reading:

…and here are some events and opportunities to consider:

WTCSD Case Study: SIDUS Solutions

Before COVID-19, San Diego defense and energy security company SIDUS Solutions derived 15 percent of its revenue from exports. But when trade shows were canceled amid the pandemic, SIDUS needed to find other ways to strengthen its brand overseas. World Trade Center San Diego’s MetroConnect program helped the company connect with international customers and retain revenue.

Read More

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 – March 11, 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 March 11, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

EDC’s Report to the Community

On April 8, EDC will unveil data on the region’s collective progress towards the 2030 Inclusive Growth goals and hear commitments from government, academia, and community leaders to increasing the number of quality jobs, skilled talent, and thriving households. The event will include breakfast and networking at the Jackie Robinson YMCA.

Get Your Ticket

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 our COO

Together at last. 

EDC’s team, investors, and partners do our best work when we are together; this reflects our values of collaboration and inclusion and is core to our mission. But it’s been a minute…

While we safely begin to gather again, we recognize many things are different. Whether you have trepidation about returning to in-person gatherings or are eager to get from behind the Zoom screen, EDC will meet you where you’re at—offering opportunities for both interactions in the months and year ahead. Hearing from and being with our investors and partners in either setting is essential.

Last week, we hosted a two-day retreat with 40 leaders from industry, academia, nonprofits, and government to share complex data unpacking the pandemic’s impact on the 2030 Inclusive Growth goals. The common thread: inclusion is an economic imperative and thus, requires shifts in our regional priorities.

And this week for the first time in two years, EDC’s Chairman Julian Parra led an in-person board meeting with 60+ leaders across the region. Julian took the gavel in June 2020 and never imagined his term would largely be served virtually; however, he has continued to drive the inclusive economic development strategy with the same fervor as instilled by past EDC Chair Jim Zortman in 2017.

For the region to fully emerge from this global pandemic, it must reconcile an economic recovery that is full of contradictions. The region is simultaneously experiencing strong job growth and record venture capital inflows, along with a fierce battle of seemingly unavailable talent, small business closures, and the most expensive housing market in the U.S., with the brunt of these impacts incurred most by low-income earners and people of color. To get this recovery right, the San Diego region must double down on the goals for quality jobs, skilled talent, and thriving households.

That’s why we hope you will join us on April 8 at EDC’s Report to the Community, where we will unveil data on the region’s progress towards these goals and hear commitments from regional leaders.

Here are other opportunities for engagement with us in the months ahead:

  • This Friday, March 11, at our quarterly Economic Development Committee meeting, hear how San Diego companies are re-evaluating talent attraction techniques to see success in a new world of hiring challenges. Register now with password EcoDev2022.
  • On March 23, join the virtual Global Competitiveness Council meeting to hear an update from Congresswoman Sara Jacobs (CA-53) on the devastating conflict in Ukraine, followed by an update on the state of global aviation from the San Diego County Regional Airport Authority.
  • In May, EDC will host another investor reception—stay tuned for the date and location. If you missed any of our recent gatherings, we hope you are able join us.
  • On June 9, EDC celebrates the return of its Annual Dinner—this year at Petco Park. Together with 900+ friends and colleagues, join us for a special night honoring the region’s healthcare providers for their unwavering care and The San Diego Foundation for its essential community investments throughout the pandemic. If you would like to sponsor, please contact Jennifer Storm.

For two decades I have had the pleasure of being a part of the team at EDC. Never have I been more certain of our value proposition than right now. To our investors, my sincere gratitude for your support—especially these past two years. There is critical and challenging economic development work ahead, but with and through all of you, we can ensure our regional competitiveness and create better futures for more San Diegans. As our past EDC Chair Janice Brown reminded us, when Lin-Manuel Miranda wrote the score for Hamilton, the lyric wasn’t “on the Zoom, it was “in the room where it happens.” Somewhere on the journey ahead, I look forward to being in the room alongside you.

With regards,

Lauree

Lauree Sahba
Lauree Sahba

Chief Operating Officer

READ EDC’S MONTHLY REPORT

The crisis in Ukraine and its impact on San Diego businesses

What San Diego companies need to know about the crisis in Ukraine

The situation in Ukraine has devolved rapidly over the past week and a half, in a conflict that has shaken the foundations of the post-Cold War world order. What happens in Ukraine has major implications for Russia’s relationship with Western nations and the global economy—and has already led to significant changes in the regulation of trade. It is important for San Diego companies—particularly in energy, defense, and dual use technologies—to be aware of these changes and prepare accordingly.

Our team spoke with Bob Bowen, a San Diego trade attorney who, throughout his career, has worked at major defense, aerospace, and tech companies, and helped them navigate the complexities of global trade and compliance. He points out the following aspects of new U.S. export control laws in response to the evolving situation in Ukraine:

  • The U.S. Export Administration Regulations (EAR) now apply to a broader range of items destined for Russia or Belarus, including items manufactured outside of the U.S. with components subject to the EAR
  • The EAR now require U.S. Department of Commerce export licenses for items destined for Russia or Belarus that previously did not require such export licenses
    • This includes items subject to the EAR that are intended for Government of Russia end-users or users at state-owned enterprises in Russia
    • There is a policy to deny applications for such export licenses
  • Nearly all items subject to the EAR are prohibited from going to military end-users, or for military end-uses, in Russia or Belarus without U.S. Department of Commerce export licenses (which are subject to a policy of denial)
  • Items subject to the EAR are prohibited from going to the Donetsk and Luhansk regions of Ukraine without U.S. Department of Commerce export licenses (which are subject to a policy of denial)
  • The Entity List of individuals, companies, and organizations in Russia and Belarus who are now prohibited from participating in transactions subject to the EAR has recently grown and is likely to continue growing

San Diego-headquartered law firm Procopio lists additional guidance to help ensure U.S. companies comply with federal law:

  • Ensure that you determine the Export Control Classification Number (ECCN) for your technology from the Commerce Control List (CCL)
    • This is going to help you understand whether an export license is required for the product
    • It is highly unlikely that you will be able to secure license exceptions for Russia, Belarus, and the Donetsk and Luhansk regions of Ukraine at this time
  • Restricted entities include individuals, so your company needs to ensure that hiring processes properly screen and keep up with the latest version of the Entity List on the Bureau of Industry and Security (BIS) website
  • Foreign Direct Product (FDP) Rules extend the reach of US export regulations to include foreign-produced items comprising US-origin content
    • San Diego companies should be screening customers and evaluating for prohibited end-uses. Companies may request a Letter of Assurance from a foreign customer if needed

As always, it is critical that companies properly classify export items AND screen all parties to a transaction.


As the war in Ukraine unfolds, we are cognizant of and compassionate toward those personally affected and their loved ones. More than a million Ukrainians have already fled into neighboring countries, with hundreds of thousands more expected in the coming days. As the world grapples with this humanitarian crisis, there are organizations you can support to help make a difference:

Locally, the San Diego branch of the International Rescue Committee provides opportunities for refugees, asylees, victims of human trafficking, survivors of torture, and other immigrants to thrive in the United States via immigration assistance and family reunification, financial literacy, and free English classes.

Charity Navigator is a resource to help you identify and evaluate 501(c)(3) foundations around the world to ensure that your charitable contributions are responsibly deployed.

Lucas Coleman
Lucas Coleman

Sr. Manager, WTC; Director, Export Specialty SBDC

San Diego’s Good News of the Week – March 4, 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 March 4, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

Investor Spotlight: Curebound

EDC sat down with EDC investor Anne Marbarger, CEO of Curebound, to discuss its mission to accelerate cures for cancer, San Diego’s Life Sciences ecosystem, and how San Diegans can help.

Meet Curebound

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 – February 25, 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 February 25, 2022, here’s what we’re reading:

…and here are some opportunities we’re watching:

San Diego’s Economic Snapshot: Q4 2021

Every quarter, EDC analyzes key economic indicators that are important to understanding the regional economy through trends in employment, housing, and investment. In Q4 2021: VC investments and Life Sciences real estate demand is up, while San Diego’s affordability crisis deepens.

Read More

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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

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 – February 18, 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 February 18, 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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

Apply Now

EDC is hiring, join our team!

EDC is hiring a Research Coordinator and Research Manager / Sr. Manager 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 hiring an Economic Development Manager to enable business expansion, attraction, and retention across key industries.

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 – February 11, 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 February 11, 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. Services include payment and invoicing, bookings, review management, customer communications, and template websites.

Apply Now

A note on talent from EDC’s Bree Burris

The long talked about ‘war for talent’ is more competitive than ever. In a survey of 200 local businesses, hiring difficulty reached a new high in December. You are not alone; this is not a one-company problem.

Here’s How EDC Can Help


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