Search
 

Youth, Existing Businesses and Enterprise Zones Equal Growth

SAN DIEGO-Nurturing talent from local universities, supporting in-place businesses and taking advantage of enterprise-zone tax credits will further growth, according to a recent ULI presentation.

By Carrie Rossenfeld | Updated on August 28, 2012

SAN DIEGO-Culling young talent, rallying around currently existing local businesses and participating in the state’s enterprise zones are key factors in San Diego’s future growth, according to panelists at a recent Urban Land Institute San Diego/Tijuana District Council breakfast forum. Panelists discussed efforts to attract and retain business in the area, a discussion that was dominated by the belief that helping companies grow that are already here is the best way to achieve this goal.

“We will not grow jobs through attraction of big businesses,” said Mark Cafferty, president and CEO of San Diego Regional Economic Development Corp., at the forum. Cafferty pointed out that San Diego and California as a whole cannot compete with the incentives offered by other states, and as such should support currently existing business via collaboration, including public and private partnerships.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.