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15 San Diego Companies Get A Boost To Expand Abroad

San Diego Mayor Kevin Faulconer (center) with recipients of this year's Metro...

Credit: World Trade Center San Diego

Above: San Diego Mayor Kevin Faulconer (center) with recipients of this year's MetroConnect prize for local companies seeking to expand internationally on Aug. 1, 2017.

15 San Diego Companies Get A Boost To Expand Abroad

GUESTS:

Lauren Lindner, director, World Trade Center San Diego

Samantha Urban, founder, Urban Translations

Transcript

The World Trade Center San Diego is giving 15 San Diego companies a boost to expand into international markets.

The winners of this year's MetroConnect prize range from breweries to biotech firms. Each winning company received $10,000 and access to workshops and software that will aid their moves abroad. The 15 companies submitted plans detailing how they intend to export their products to other countries.

"In general, a lot of the companies will use the money to travel," World Trade Center San Diego director Lauren Lindner said. "They look at what it takes to go abroad, without a guaranteed sale, and it’s too much, from $5,000 to $15,000. Secondly, they have trouble with education and access to the resources that are in San Diego. We can connect them the local export-import bank or partners in Tijuana."

The prize was created in 2015 and the 30 past winners have generated more than $10 million in new export sales and created 50 new jobs, according to the San Diego Economic Development Corporation, which helps manage the contest.

This year's winners are Coronado Brewing, CP Global Manufacturing, CureMatch, Del Mar Oceanographic, Dermala, Envision Solar International, FoxFury, Guru, Julian Hard Cider, Optimized Fuel Technologies, Performa Learning, Planck Aerosystems, Tioga Research, Tunnel Vision and Urban Translations.

Lindner and Urban Translations founder Samantha Urban join KPBS Midday Edition on Tuesday with more what it takes to expand internationally.

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