South County EDC Rolls Out Business Incentive Matrix for San Diego

Press Release (ePRNews.com) - Chula Vista, CA - Nov 29, 2017 - South County Economic Development Council (SCEDC) is launching a Business Incentive Matrix to help defense companies grow and thrive.

“We’re excited to provide these resources to defense-related businesses throughout South County and San Diego in general,” said Sally Preston, SCEDC chair. “The defense industry is a vital component of San Diego’s economy. We’re happy to work with these companies to make sure they have a home in the region as they grow and continue to develop advanced military technologies.”

The matrix outlines the major incentives SCEDC compiled while surveying cities, utilities and government entities throughout San Diego County, and is intended to assist companies with expanding and hiring in the San Diego region. It includes fee reductions, rebates, financing opportunities, expedited processing, employer training reimbursements and assistance.  The incentives are offered by various jurisdictions and requirements to obtain incentives vary with each incentive.

“We’re excited to provide these resources to defense-related businesses throughout South County and San Diego in general,” said Sally Preston, SCEDC chair. “The defense industry is a vital component of San Diego’s economy. We’re happy to work with these companies to make sure they have a home in the region as they grow and continue to develop advanced military technologies.”

Sally Preston, SCEDC Chair

SCEDC urges businesses throughout the region to take advantage of local incentives.

“We’re here to help businesses grow and thrive throughout South County,” said Cindy Gompper-Graves, president and CEO of SCEDC. “We have many resources and encourage businesses looking to grow to reach out to South County EDC and our partners for assistance.”

The incentives listed in the matrix are part of Propel San Diego – a Department of Defense (DoD) funded grant initiative intended to develop a resilient defense supply chain in the San Diego region. In addition to the variety of incentives listed on the matrix, companies can contact Propel San Diego Partners for additional business tools, resources or information.

To view the complete Business Incentive Matrix, visit http://www.southcountyedc.com/local-incentives.

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ABOUT SCEDC

The South County Economic Development Council (South County EDC or SCEDC) is a non-profit organization formed in 1989 by a group of South San Diego County business and community leaders, to promote education and encourage economic development in the South San Diego County Region.  Their member cities include Chula Vista, Coronado, Imperial Beach, National City, San Diego, San Diego County, and the Port of San Diego. They work with their partners in the northern portion of Baja California in the cities of Mexicali, Tijuana, Tecate, Rosarito and Ensenada.

ABOUT PROPEL SAN DIEGO

Propel San Diego is a Department of Defense (DoD) funded grant initiative lead by the City of San Diego, South County Economic Development Council, San Diego Regional Economic Development Corporation, East County Economic Development Council and the San Diego Military Advisory Council. The goal of this effort is to better understand the needs and opportunities for regional businesses that conduct defense-related work. Additionally, Propel San Diego aims to develop a resilient defense supply chain in the San Diego region that remains stable, despite changing budget priorities and addresses both regional economic and DoD readiness priorities.

Source : South County Economic Development Council

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