Why New Business In San Diego Thrives

There are several reasons to explain the success of new business in San Diego

, from the climate to the location and everything in between. There are many people across the country that already have heard that the city is considered to be one of the most beautiful in the United States, but there is another aspect to the citys success, which is the success of the new business ventures that take place every year there. Did you know that the city is home to more than 500 biotech companies? Did you know that it is here that is home to the largest military concentration in the country? This is just the tip of the ice berg.

Inspiration is the name of the game when it comes to new business in San Diego, and researchers, engineers, scientists and others look to the ocean, the mountains, the desert, the beach and the sunshine of the city for that inspiration. In a day and age when it seems inspiration is getting harder and harder to come by, many people find it relatively easy to be inspired here. Have you heard the term Intellectual Capital? Basically, this term is used to describe the overall education of an area that proves to be a great asset to the success of the area. 40% of the adult population in the city has a bachelors degree or higher, and there are several universities and higher learning facilities that employ these graduates, including UCSD, The Burnham Institute and Salk Institute.

Innovation is a huge buzzword with new business in San Diego. The diverse technology and its advances consistently lead the world, and core industry sectors are leaders here in communications, software development and biotechnology. There are many opportunities for professional networking to take place, and strong industry groups provide these collaboration opportunities for professionals in the city, including BIOCOM, CONNECT and AeA, among others. The technology that is used these days is a result of the citys core technology sectors being leading centers for that software development, the communications needed for implementing it and the biotechnology to make it all happen.

One of the most obvious reasons why new business in San Diego is so successful is its strategic location. San Diego is right in a region that is positioned well for access to Asia and other markets across the ocean as well as to Mexico. The collective assets of the region provide new business in San Diego the opportunity to leverage resources in a global marketplace.

by: Phoenix Delray

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