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Mayor Faulconer Presents $10,000 Checks to 15 Successful San Diego Startups

Mayor's "Go Global San Diego" Initiative Unites Regional Partners to Increase Jobs, Global Competitiveness & Overall Economy

Wednesday, July 1, 2015 - NEWS RELEASE

San Diego, CA – In an ongoing effort to increase opportunities for local San Diego residents and companies, Mayor Kevin L. Faulconer joined JPMorgan Chase, the San Diego Regional EDC and other local organizations to present $10,000 grants to 15 promising San Diego companies.

With more than 85 percent of global growth through 2019 projected to occur outside of the U.S., global engagement is a big opportunity for many American cities. According to the Brookings Institute, San Diego has the 17th largest economy in the U.S. but ranks 61st in export intensity. The Mayor’s Go Global San Diego initiative is designed to help San Diego businesses attract foreign customers and investment, targeting key metro markets, including London, Tokyo, Stockholm and other major global cities. Funded by JPMorgan Chase, the $10,000 MetroConnect award will help small and medium-sized enterprises (SMEs) in San Diego increase international sales.

CONTACT: Charles Chamberlayne (619) 453-9911 or [email protected]

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