“Businesses need to act together to attract talent” was originally published in The Business Journals, authored by EDC president and CEO Mark Cafferty. With U.S. unemployment hitting a 17-year low late last year, competition for talent has become increasingly fierce for businesses across the country. Part of a company’s challenge in attracting talent, however, is […]
EDC Blog
Blog
EDC’s 2017 in review
Economic development is about more than just ribbon cuttings and groundbreakings. It involves long-term, strategic support of companies large and small, often over the course of several years. And while everything can’t be packaged into neat headlines, we wanted to take you behind the scenes for a look at the work that goes on along […]
San Diego’s Economic Pulse – December 2017
Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers November 2017 data, including unemployment, new business establishments and job postings. Highlights include: The region’s unemployment rate fell to 3.3 percent in November, from a revised 3.7 percent in October. The unemployment […]
Good News of the Year 2017
San Diego’s 2017 story was one of growth, innovation, global connectivity and collaboration across different communities and industries. And even in a year riddled with uncertainties, San Diegans remained committed to driving positive change – and EDC remained committed to delivering news about this change to your inbox each week. So, we’re sharing San Diego’s […]
Inclusive Growth, a timeline of EDC’s work
Ensuring Everyone has a seat at the table A prosperous San Diego means an economy that works for all residents. Despite record low unemployment rates and a flourishing innovation economy, San Diego, and many other regions, have seen a rise in economic inequities. And if not addressed, this rise will have dire economic consequences. It […]
DiscoversdBIO, a timeline of EDC’s work
DiscoversdBIO: Launched to coordinate foreign delegations Delegations from around the world travel to San Diego to forge connections with businesses in our innovation economy. However, when they visit, they often meet with the large institutions already ingrained within the international market and are not exposed to San Diego’s small- and medium-sized enterprises (SMEs) that encompass […]
Link2 San Diego, a timeline of EDC’s work
People: How we attract and retain talent Talent drives corporate decision making and galvanizes innovation. In 2017, EDC developed programming – to complement San Diego: Life. Changing. – to attract and retain talent throughout the San Diego region. Some of these were piloted for the first time and some were about taking an existing program […]
Propel San Diego, a timeline of EDC’s work
Propel San Diego is a federal grant – awarded to the city of San Diego – to boost the San Diego region’s defense resiliency. The timeline below describes how we worked with and through partners, on the Propel San Diego initative. 2012 – OPERATION SAN DIEGO COALESCES Amid discussions around the potential impact of […]
Congressional action needed to replace San Diego’s aging airport terminal
“Congressional action needed to replace San Diego’s aging airport terminal” was originally published in the San Diego Union-Tribune, authored by Mark Cafferty and Joe Terzi. When you think about the region’s economic prosperity — today and tomorrow — all roads lead to San Diego International Airport. Tourism, business, global trade, the innovation economy, even the […]
SD receives third highest percentage of Cal Competes tax credits in the state
The California Competes Tax Credit (CCTC) is an income tax credit program available to businesses expanding in or relocating to California. Created in 2014 by the California legislature and overseen by Governor Jerry Brown’s Office of Business and Economic Development (GO-Biz), Cal Competes offers variable amounts of tax credits to companies based on commitments to […]