“Governor Newsom and the California Jobs First Council announced $80 million in funding to support eleven projects across California. Projects are aligned with the state’s strategic sectors and located in seven economic regions and eighteen counties. The funding continues the Governor’s work to create more family-supporting jobs and prioritize industry sectors for future growth. “We’re not just talking about creating jobs and growing our economy – we’re putting real dollars to work right now in communities across California. These investments will build momentum and deliver measurable progress in the months and years ahead, providing regions in every corner of the state with new tools to create good-paying jobs and strengthen local industries from the ground up.”
— Governor Gavin Newsom

“AWARDED CLUSTERS:
The Council Co-Chairs confirmed $80 million in funding for four proposed clusters, each focused on a different sector: life sciences, aerospace and defense, agtech and farm equipment, and the bio-economy. Together, these projects anticipate creating more than 23,000 direct and indirect jobs across 18 counties, in seven of the 13 economic regions (Redwood Coast, North State, North San Joaquin Valley, Central San Joaquin Valley, Central Coast, Los Angeles County, and Southern Border).”

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Switzerland’s Novartis invests $1.1B in San Diego, signs Alexandria Real Estate Equities’ largest-ever life sciences lease;

General Atomics completes novel fusion energy magnet for ITER project in France;

Cross Border Xpress debuts first-ever land border crossing biometric tech;

Sempra lands liquefied natural gas deal with Japan’s biggest power generator;

MetroConnect VI winner Access Trax named among Forbes Accessibility 100;

UC San Diego, ITJ partner on Tijuana innovation education hub;

Kumquat Bio inks $1.3B deal with Germany-based Bayer;

Debut Biotechnology secures $20M in funding for AI skincare innovation, Singapore expansion;

Lineage Cell Therapeutics lands $12M partnership with Danish hearing healthcare company Demant A/S;

InfoSource; World Trade Center San Diego  <edc@sandiegobusiness.org>;

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