Daily Business Report-Oct. 18, 2017
Photo courtesy of the San Diego Community College District.
Gov. Brown Signs Bill Making First
Year of Community College Tuition-Free
Gov. Jerry Brown has signed legislation that will waive first-year tuition for all community college students in California. Assembly Bill 19, put forth by Assembly members Miguel Santiago (D-Los Angeles), David Chiu (D-San Francisco) and Kevin McCarty (D-Sacramento), will complement the many “college promise” programs recently established in an effort to encourage more students to get a college degree or certificate.
“This is a huge win for California students who will now know that they can come to one of our state’s 114 community colleges for their first year without the burden of paying tuition,” said San Diego Community College District Chancellor Constance M. Carroll, who actively supported AB 19.
“While this is a watershed moment for the entire state, there still remains additional costs for students to complete a post-secondary education at a community college. Thus, the SDCCD will continue to support students through the San Diego Promise by providing tuition-free education during the second year of college. The San Diego Promise will also provide textbooks and other educational resources necessary for students to be successful. We will continue our fundraising efforts to ensure that we can offer our qualified, full-time students a complete education.”
Study: Local Art Nonprofits Generate
Over $1 Billion in Economic Activity
The San Diego nonprofit arts and culture industry generates $1.1 billion in annual economic activity, according to the Arts & Economic Prosperity 5, an arts industry economic impact study conducted by Americans for the Arts.
According to the study, San Diego nonprofit organizations support 35,914 full-time equivalent jobs and generate a notable $116 million in local and state government revenues. In June, the city of San Diego announced over $11 million in awarded contracts to 133 arts nonprofits through Commission for Arts and Culture funding programs.
“The arts are a powerful force not only for enriching the lives of citizens in a community, but as a driver of economic activity,” said Janet K. Poutré, chair of the City of San Diego Commission for Arts and Culture. “Even the smallest dance company employs dancers, administrators and stagehands. Tourists visiting to attend arts and cultural events spend on hotels and restaurants. A city with a vibrant arts scene will always enjoy a vibrant economy as well.”
Study results also show nonprofit arts and culture organizations spent $553.6 million during fiscal year 2015. This spending is far-reaching: organizations pay employees, purchase supplies, contract for services and acquire assets within their community. Those dollars, in turn, generated $894.4 million in household income for local residents and $116 million in local and state government revenues.
General Atomics Signs Deal Making Seoul
Firm Its In-Country Supplier in Korea
General Atomics Aeronautical Systems Inc. (GA‑ASI) has signed a Memorandum of Understanding with Huneed Technologies Co. Ltd. of Seoul, South Korea — developer and manufacturer of airborne systems, defense communication systems, and commercial IT systems — where Huneed would become a key in-country supplier for General Atomics in Korea. San Diego-based General Atomics manufactures remotely piloted aircraft systems.
“Huneed has a long track record of building successful business relationships with its industrial collaborators,” said Joseph Song, vice president of international strategic development for General Atomics. “We are pleased to begin our strategic relationship with Huneed in developing business opportunities in the Republic of Korea.”
Qualcomm Pushing to Support Rapid
Commercialization of 5G NR in 2019
Qualcomm Technologies announced it has successfully achieved a 5G data connection on a 5G modem chipset for mobile devices. The 3GPP is working to standardize 5G New Radio in mid-2018.
The San Diego-based company said the Qualcomm Snapdragon X50 5G modem chipset supports gigabit speeds using a data connection in the 28 GHz millimeter wave band, which will accelerate the delivery of 5G NR-enabled mobile devices to consumers.
Port of San Diego’s Integrated Planning
Vision Wins 2017 Silver Bernays Award
The Public Relations Society of America, San Diego and Imperial Counties chapter, has selected the Port of San Diego’s Integrated Planning Port Master Plan Update process for a 2017 Silver Bernays Award of Excellence for Community Relations.
The Public Relations Society of America presented the award to the Port of San Diego and its consultant, Nuffer, Smith, Tucker, at its annual awards dinner on October 12.
Beginning in 2013, the Port of San Diego has been conducting an Integrated Planning initiative that spans 6,000 acres of land and water and is often referred to as “the future of the Port.” The goal of this process is to set a blueprint for baywide development. This will create certainty for developers and other community members by codifying a vision for how future projects will fulfill public goals.
Lorin Stewart Named CEO of USO San Diego
Lorin Stewart has been named CEO of USO San Diego. Stewart has held key leadership positions in the San Diego business and nonprofit community for more than 28 years.
Stewart, who has a B.A. from Santa Clara University, comes to USO San Diego from LEAD San Diego, where he was acting CEO of the organization dedicated to developing leaders in the San Diego and Northern Baja California region.
Prior to LEAD San Diego, Stewart was the founding executive director of the San Diego Tourism Marketing District Corp., a nonprofit dedicated to improving tourism and hotel-room occupancy.
“I’m looking forward to leading this fine organization to reach its goals and vision of helping to strengthen America’s military service members by keeping them connected to family, home and country,” Stewart said.
Stewart pointed out that the organization’s award-winning Neil Ash Airport Center provides a “first class airport lounge” and services to traveling active duty military and their family members 18 hours a day, 365 days a year. Similarly, the group’s Downtown Center provides a variety of services, also 18 hours a day, 365 days a year.
USO San Diego was founded in 1941.
Karolyn Dale Joins Junior Achievement
Karolyn Dale has joined Junior Achievement of San Diego County as its new vice president of development. In this role, Dale, will lead fundraising initiatives to advance JA’s mission and help diversify philanthropic giving to support the nonprofit’s growth and expansion.
Dale has she has successfully raised $10 million in philanthropic funds to support local nonprofits. Prior to joining JA, she was, for three years, the major gifts officer at Sanford Burnham Prebys Medical Discovery Institute. During this time, she helped the medical research center achieve its fundraising goals managing a robust portfolio of individuals, foundations, community partnerships and corporate donors.
Dale graduated from the University of Oregon with a bachelor’s degree in sociology and a minor in business administration.
“We are thrilled to welcome Karolyn to JA, and look forward to the many contributions she will make in fundraising and development,” said Marla Black, president and CEO of the nonprofit organization.