SD FINANCE

2022 Bank of America Student Leaders Named

EDUCATION: Internships Connect Teens to Career-Building Opportunities

Looking toward a career of helping her peers and her community, Diana Garcia recently completed a paid internship through a program sponsored by Bank of America at Just in Time for Foster Youth.

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ResMed Buys German Firm

MEDTECH: Deal Boosts Sleep Portfolio

ResMed has acquired mementor, a Leipzig, Germany-based private firm that’s developed a digital therapy for insomnia delivered via an app.

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CB&T Raises Nearly $80K for Nonprofits

BANKS: Employee-Giving Campaign Supports 92 Organizations

California Bank & Trust (CB&T), one of California’s leading banks with over 80 branches across the state, has raised nearly $80,000 for its 2022 California Bank & Trust Giving Campaign.

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Slow and Steady Wins Race for ‘Dividend Aristocrat’

FINANCE: Realty Income Just Keeps Paying Investors

Last month, San Diego-based Realty Income Corp. (NYSE: O) announced that its board of directors had declared the 625th consecutive common stock monthly dividend in the company’s history.

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Cordial Closes $50M Series C

SaaS: Firm Growing B2C Platform

Cordial is preparing to disrupt the business-to-consumer marketing industry – but, as their name suggests, in a nice way.

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Endeavor Bancorp Reports Strong Q2

FINANCE: Assets Up 22%; Loans Grow by 7%

San Diego’s Endeavor Bancorp, the holding company for Endeavor Bank, reported continued strong growth during the second quarter of 2022, including record levels of core loans and deposits.

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Local Fintechs Chosen for Global Accelerator

STARTUPS: Techstars a ‘Trajectory Changing’ Program

The Techstars Anywhere accelerator kicked off in San Diego on July 18 for the program’s first of three in-person meetups. The program then switches to five weeks of remote sessions, followed by a meetup in Austin, Texas, another five weeks of remote and concludes in Miami in October.

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ARS, Seattle Firm to Merge

PHARMA: $265M Deal to Fund neffy Launch

ARS Pharmaceuticals, Inc. is ramped up and ready to go for its expected commercial launch of neffy – an epinephrine nasal device for treating severe allergic reactions.

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National University Joining Forces with NCU

EDUCATION: Merger Boosts Enrollment, Post-Graduate Programs

San Diego-based National University is merging with Northcentral University, a fully online university based in Point Loma that specializes in advanced degrees.

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Job Training Program Aims to Ease Homelessness

NONPROFITS: HomeAid Program Focuses on Construction

People who were homeless or at risk of becoming homeless are finding jobs through a two-week training program operated by the nonprofit HomeAid San Diego.

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San Diego Workforce Partnership Welcomes New Board Chair

NONPROFITS: Rick Vaccari Takes Over for Sammy Totah

Rick Vaccari, a retired executive at Sempra Energy, is taking over the board chair on an interim basis at San Diego Workforce Partnership.

Grants Helping Drive Economic Opportunity Locally

FINANCE: Bank of America Gives $825K to Local Nonprofits

Local nonprofit Kitchens For Good, which works to break the cycle of food waste, poverty and hunger through workforce training, healthy food production and social enterprise, was one of 29 local nonprofits that have been granted more than $825,000 from Bank of America.

NAWBO, BofA Team To Help Female Firms Launch, Grow

STARTUPS: Program Fills Need for Small Businesses of All Types

Felena Hanson has dedicated much of her professional career helping businesses get started. She taught entrepreneurship at the college level for 10 years and is herself a long-time entrepreneur.

Q&A With FundCanna CEO Adam Stettner

FINANCE: New Firm Provides Funding for Cannabis SMBs

Adam Stettner knows a lot about the funding needs of small- and medium-sized businesses. As founder and CEO of San Diego-based Reliant Funding, he oversaw over $2 billion in loans to over 60,000 small businesses in his 14-year tenure.

Evofem’s Wild Ride

PHARMA: SCOTUS Ruling Triggers Stock Surge

The Supreme Court ruling to end federal abortion protections in the U.S. has sent San Diego-based Evofem Bioscience’s stock on a rocket ride in recent weeks.

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