Daily Business Report-Dec. 16, 2020
The program is now accepting applications from small businesses.
New free program at USD School of Business
will prepare San Diego small businesses to go global
The Ahlers Center for International Business at the University of San Diego School of Business is announcing the Global Readiness Program — a new, no-cost fellowship for San Diego small businesses seeking to expand sales to international markets. The program is now accepting applications from small businesses with no international experience, and those interested are advised to attend an information session scheduled for today (Dec. 15) at 5 p.m.
The benefits of reaching international markets include: increasing sales revenue by reaching out to 95 percent of world’s consumers outside the U.S.; diversifying client base to include foreign markets and reduce dependence on the U.S. market; and increasing profits by reducing costs though scale economies or commanding higher margins for world class products abroad.
After an application process, 20 companies will be selected to participate in the first cohort of the Global Readiness Program, lasting four months in the spring of 2021. These companies will receive free personalized guidance from international trade professionals, attend trade-focused workshops with access to international market research databases, get the opportunity to assess their firm’s global readiness by completing the CORETM diagnostic tool and develop a clear action plan to take their product/service to new international markets.
Click here for additional information.
____________________________________________
Encinitas to provide $75,000 in new grants
to small businesses impacted by the pandemic
Encinitas City Council unanimously decided the city will contribute $75,000 to restart a community grant program for small businesses facing financial hardship due to COVID-19. With the state’s new restrictions on business activity, economic impacts are likely to linger due to the soaring number of virus cases in California. “It’s having significant impacts again and I do expect it’s going to get worse before it gets better,” explained Councilman Tony Kranz.
The $75,000 the council plans to use to assist small businesses will come out of the nearly $1.9 million that Encinitas has received from state and federal governments this year to help address the public health emergency. This is the second time the city has funded a small business grant program during the pandemic. The council previously allocated $500,000 for small businesses and gave away 200 grants, each totaling $2,500.
____________________________________________
S.D. Community College District seeks
applications for vacated board seat
The San Diego Community College District (SDCCD) is inviting applications from individuals who are interested in filling a Board of Trustees seat that was recently vacated by Trustee Sean Elo-Rivera, who was sworn-in as a member of the San Diego City Council on December 10.
Elo-Rivera represented the SDCCD’s District E, which stretches from Barrio Logan to City Heights and includes Downtown, North Park, South Park, Golden Hill, Mountain View, Logan Heights, and Normal Heights.
During the Board of Trustees’ November 12 meeting, the board decided it would appoint a replacement to fill the final two years of Elo-Rivera’s term, instead of calling a special election, which would cost up to $650,000.
The board has 60 days from Elo-Rivera’s swearing in date as a City Council member to make a provisional appointment. An eligible applicant must be a resident of District E, a registered voter, at least 21 years old, and cannot be an SDCCD employee. The board will select the appointee by majority vote at an upcoming meeting.
Applications from interested candidates are due Jan.15, 2021
____________________________________________
Three Pad Buildings at Vista Terrace Marketplace Sold
Retail Insite announces the sale of three pad buildings at Vista Terrace Marketplace in Vista. The pads, comprised of O’Reilly Auto Parts, Dunkin Donuts, AT&T, and Verizon Wireless, were sold for $10,585,000 at a 5.37 percent CAP Rate.
Brian Pyke and Connor Stevens with Retail Insite aided Daniel Tyner and Gleb Lvovich of JLL in the listing effort.
____________________________________________
Regional EDC internship opportunity
The San Diego Regional EDC is teaming up with local educational institutions, San Diego Workforce Partnership, and Advancing San Diego to offer the Advancing San Diego Internship Program. Companies consisting of 100 employees or less are welcomed to apply to host remote business interns at no cost to them. All interns will be sourced from Preferred Providers including, CSUSM, Mira Costa, National University, SDSU, USD, San Diego Mesa College, and UCSD Extension.
Application deadlines will close on Dec. 18. Of the applicants, twelve companies will be chosen to host interns starting March 2021. Hear first-hand testimonials from some of the 34 small businesses who have already hosted interns in the blog series here
To learn more about eligibility requirements click here
____________________________________________
Ken Wilke joins CBRE as project management director
Ken Wilke has joined CBRE’s San Diego office as a project management director for its life sciences division.
Prior to joining CBRE, Wilke held director-level roles in R&D strategy and operations at Merck, Bristol-Myers Squibb and Johnson & Johnson. Additionally, he founded and served as principal of the consulting firm BioStrategy Solutions LLC.
In his new role at CBRE, Wilke will work directly with clients managing complex life science and lab construction projects.
Wilke holds a Bachelor of Science degree in Energy Engineering from Stanford University and an MBA in Management from Lehigh University.
“Ken brings invaluable expertise to our project management team as a life sciences and lab expert,” said John Frager, executive managing director of CBRE’s San Diego region. “As the life sciences industry continues to grow in San Diego, we have been building our inhouse team to support our clients. Ken brings tremendous knowledge to the construction of lab and research facilities.”
____________________________________________
Chamber, Kaiser Permanente hold
Get Fit San Diego Challenge
For those looking for a bit of a health and wellness reset, the San Diego Regional Chamber is here to help with its annual Get Fit San Diego Challenge. Get Fit is a fitness competition that gives participants a helping hand on their health related-goals. Sponsored by Kaiser Permanente, registration is now open for the 30-day challenge, which begins Jan. 11, 2021.
The Get Fit Challenge is open to everyone – Chamber members and nonmembers, individuals, and teams of five to 10 people. There is no cost to participate. Participants and teams can choose between three levels of competition based on their perceived fitness level: “Back on the Wagon,” “Average Joes,” and “Fitness Buffs.” Those interested in taking part can sign up now by visitingwww.getfitsd.org.
Participants track activities related to exercise, nutrition, and wellness in a point system called “Thrive Points” online or through an app. Throughout the Challenge, Get Fit registrants will receive emails with activities to complete and track in their online dashboard. At the end of the 30 days, the individuals and teams in each division with the most Thrive Points are awarded prizes. To help Challenge participants meet their goals and connect further, Chamber members will host free, virtual fitness events and activities over the duration of the 30-day event.
For more information or to register for Get Fit San Diego, visit www.getfitsd.org.
____________________________________________
Port of San Diego approves pilot project
to develop rapid stormwater monitoring device
The Port of San Diego has approved a pilot project with FREDsense Technologies Corp. to develop a portable five-in-one field-testing sensor device to provide real-time metals analysis for stormwater monitoring.
FREDsense will utilize its pre-existing titration platform optimized for the environmental remediation industry to produce an automated testing system for stormwater analysis, which will test the levels of various metals in San Diego Bay including aluminum, copper, lead, zinc and nickel, all of which are currently manually monitored under the Port’s stormwater programs.
The project’s approach will help stormwater programs by providing real-time data in the field, enabling adjustments to Best Management Practices (BMPs) quicker than with laboratory data that can take several weeks for results.
