Monthly Report – May 2021

A note from Lauree Sahba

Throughout the country, May is recognized as Small Business Month. More than ever before, we are all-in for celebrating the passion and resilience of San Diego’s small businesses, the backbone of our local economy. Over the last 14 months, the COVID-19 pandemic turned our economy upside down, impacting small businesses in ways we could never have imagined. And yet against all odds, many are surviving. EDC is committed to addressing the systemic inequities that exist in this region and across the country. With and through our investors, we continue to work toward building a more resilient economy through programs like MetroConnect and the Export Specialty Center; eliminating barriers to opportunity through programs like Advancing San Diego and the Anchor Collaborative; and creating pathways to growth, especially for economically disadvantaged business owners, through a program that will launch soon in partnership with GoSite. Stay tuned for more.

Read more from EDC’s COO.

By the Numbers

  • 6.9% San Diego County Unemployment Rate
  • 181 Businesses Assisted year-to-date
  • 8K Jobs Impacted year-to-date
  • 92% Higher median household income associated with ESOP business model

Featured Stories

Investor Recognition

  • BioMed Realty
  • Cox
  • Cultura
  • General Atomics
  • National Core
  • San Diego County Regional Airport Authority
  • San Diego County Water Authority
  • San Diego Fluid Systems Technologies
  • Scripps Health
  • Strategic Communications
  • Sudberry Properties
  • The Burnham Foundation

See our June Monthly Report here.