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IN THE NEWS
NORTH COUNTY BUSINESS JOURNAL
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SUMMER 2017
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M A K E i t h a p p en
T h i s
C l a s s e s
S ta r t
A u g u s t 21
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ISN'T IT TIME FOR YOUR TUNE UP?
MEN SPEND MORE TIME
WORKING ON THEIR CAR
THAN ON THEIR HEALTH
WIRED FOR
GROWTH
n STUDY SHOWS IMPACT OF TECH
INDUSTRY ALONG HIGHWAY 78
A
recent study undertaken by
Innovate 78 – a collaboration
connecting businesses in Carls-
bad, Escondido, Oceanside, San Marcos
and Vista – has revealed how vital tech-
nology firms are to the local economy.
Contributing more than $6.1 million
to the corridor's economy each year
and employing nearly 25,000 people,
tech along the 78 has experienced sig-
nificant growth in recent
years and has made the re-
gion a great place for com-
panies to do business and
for workers to find quality,
high-paying jobs in biotechnology and
biomedical devices; information and
communications technology; and de-
fense, aerospace and transportation
manufacturing.
"We always want to support growing
industries and ones that have a sub-
stantial impact on employment in in-
dustries that provide a lot of oppor-
tunities," said Matthew Sanford, the di-
rector of economic development for the
San Diego Regional Economic Develop-
ment Council. "We had known anecdo-
tally that tech is a growing sector here,
but we wanted to have data that sup-
ported that."
Among the key takeaways for San-
ford was that a majority of tech jobs
along Highway 78 were in biotech and
that 60 percent of entry-level tech jobs
locally don't require a bachelor's degree.
"Tech is not just semiconductors and
software," Sanford said. "There's really
a diversity of tech jobs in a number of
different industries."
– GREG BALL
CLICK HERE
TO VIEW THE
INNOVATE 78
STUDY
