Could the 78 Corridor be the next hub for Information and Communications Technology (ICT) companies? At a roundtable discussion with industry companies, academic institutions and city economic developers this week, EDC posed this question.
With a concentration of more than 650 ICT employers in the five cities along the 78 Corridor – Carlsbad, Escondido, San Marcos, Oceanside, Vista – there is a reason companies are choosing to locate here. Some of those reasons are the quality of talent and engineers, quality of life, and strategic positioning between San Diego and Orange County. If we are able to better capitalize on those reasons and understand the issues and opportunities of doing business along the Corridor (and the broader San Diego region), we can proactively set the framework to accelerate industry growth and clear hurdles.
The discussion identified several key challenges to overcome as well. Key among them: talent accessibility, infrastructure improvements, university/academic relationships and the ability to work together to make the region more attractive for those who might consider working here.
EDC plans to dive deeper into these challenges with our partners, cities and institutions to find creative solutions to turn those challenges into opportunities.