Meeting Date: March 19, 2024
To: Economic Development Subcommittee
From: David Graham, Chief Innovation Officer
Staff Contact: David Graham, Chief Innovation Officer
[email protected], 442-339-5992
Subject: Carlsbad Business Organization and Business Updates Recommended Action
Receive informational reports from Carlsbad business organizations, discuss, and provide recommendations.
Executive Summary
Carlsbad businesses fuel the city’s economic vitality and Carlsbad’s business organizations play a critical role in supporting them. This item provides a regular opportunity to hear an update from local business organizations, as well as from other key industry clusters and businesses, on current programs and initiatives, perceived challenges, and opportunities for engagement.
Explanation and Analysis
Carlsbad has three primary, local business organizations, including Carlsbad Chamber of Commerce, Carlsbad Village Association, and Visit Carlsbad. These three organizations are heavily engaged in the local business community. Representatives of these organizations will provide feedback to the subcommittee on what challenges businesses are facing, as well as projections for what they see coming up in the future.
In addition, other organizations, like San Diego Regional Economic Development Corporation (EDC), look at the region as a whole, and the macro-challenges and disruptions that industries face. A representative from EDC will give a holistic view of the regional economy and trends that are anticipated in the year ahead.
Updates will be provided by:
1.Carlsbad Chamber of Commerce
2.Carlsbad Village Association
3.Visit Carlsbad
Fiscal Analysis
This action has no financial impact.
ECONOMIC DEVELOPMENT SUBCOMMITTEE
March 19, 2024 Item #1 Page 1 of 2
Next Steps
Staff will continue to engage with Carlsbad business organizations, economic development organizations, and other business support organizations that support the local economy, business programming, and businesses themselves.
Exhibits
None.
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