Small businesses are one of the cornerstones of San Diego’s regional economy. More than 61 percent of all jobs in the region are within a business that employs less than 100 employees, which is nearly double the national average. However, small businesses are also the most prone to economic downturns relative to their larger peers. The pandemic caused approximately half of all small businesses to face extended closures locally, with many shutting down permanently. On top of that, a job at a small business will pay 34 percent lower wages, on average, than a job at a larger business. To better u ..read more

For more than a decade, EDC has presented awards at our Annual Dinner to recognize an individual who goes ‘above and beyond’ their day job to help make San Diego a better place and a business or institution changing the world from San Diego. This year, EDC is proud to present the individual award to one of the most highly decorated Naval officers to call San Diego home (retired) Vice Admiral Jim Zortman and the business award to legendary San Diego company Solar Turbines. Join us on June 18 at Petco Park to honor this year’s awardees. Hear more from Mark →  By the ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of May 3, 2024, here’s what we’re reading: Takeda inks $1.2B deal with Kumquat Biosciences Enlaza raises $100M in Series A funding SAN welcomes five new routes ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of April 26, 2024, here’s what we’re reading: British Airways increases flight frequency from SAN to London Saab selects San Diego as U.S. innovation hub North ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of April 19, 2024, here’s what we’re reading: TriLink BioTechnologies celebrates opening of mRNA manufacturing facility Alterome Therapeutics raises $132M Seri ..read more

EDC, Apprenti partner to grow local talent pipeline The region’s manufacturing companies employ more than 116,000 skilled San Diegans who lead on the development and production of cutting-edge, life-changing technology. However, amid a nationwide talent shortage, companies everywhere are challenged to maximize their growth. Through a new partnership between EDC and Apprenti, advanced manufacturers are invited to host registered apprentices in order to create a pipeline of critical talent and support the growth of the region’s workforce. THE PARTNERS EDC recognizes talent as the cornerstone of ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of April 12, 2024, here’s what we’re reading: Sharp Memorial Hospital among first to use new surgical robot UC San Diego ranks #5 among public universities for ..read more

Each quarter, EDC’s Research Bureau releases its Economic Snapshot to analyze key economic indicators in San Diego’s economy. Read on as we dig deeper to assess the region’s job recovery journey in a post-pandemic economy by looking at economic trends through the end of 2023. San Diego’s job recovery journey As San Diego’s unemployment rate has remained up and above the national average, at 4.3 percent and 3.5 percent respectively, and as job growth has slowed compared to early 2023, it is worth examining the region’s progress recovery in a post-pandemic economy. From March to April 2020 ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of April 5, 2024, here’s what we’re reading: BAE Systems wins $182M contract from NGA Avenzo Therapeutics completes $150M Series A, explores licensing angle Bi ..read more

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 San Diego. Get Good News of the Week in your inbox every Friday. → Sign up For the week of March 29, 2024, here’s what we’re reading: Padres celebrate Opening Day, SDSU Aztecs in Sweet 16 Rakuten Medical raises $119M in Series E financing USD Free ..read more