The cities of Carlsbad, Oceanside, Vista, San Marcos and Escondido have taken another step forward in their collaborative effort to attract and retain businesses by hiring the San Diego Regional Economic Development Corp. to help plan, develop and execute an economic development strategy that involves the five cities.
In March, the five cities signed a "Business Retention and Business Attraction Cooperation Memorandum of Understanding," in which they agreed that it is better to cooperate with each other on efforts to retain and attract businesses than it is to compete against each other.
"The City of Carlsbad and its neighbors have agreed that cooperating to attract new businesses and retain existing ones will improve North County's economy," said City of Carlsbad Economic Development Manager Christina Vincent. "In an effort to increase the awareness of North County's assets and business opportunities, this new agreement with the San Diego Regional Economic Development Corporation will help us achieve the best possible result for our existing and prospective businesses."
In March, the five cities signed a "Business Retention and Business Attraction Cooperation Memorandum of Understanding," in which they agreed that it is better to cooperate with each other on efforts to retain and attract businesses than it is to compete against each other.
"The City of Carlsbad and its neighbors have agreed that cooperating to attract new businesses and retain existing ones will improve North County's economy," said City of Carlsbad Economic Development Manager Christina Vincent. "In an effort to increase the awareness of North County's assets and business opportunities, this new agreement with the San Diego Regional Economic Development Corporation will help us achieve the best possible result for our existing and prospective businesses."