CONNECT Innovation Report Fourth Quarter 2010

Fourth Quarter 2010 and Full Year 2010 Summary

Thursday, April 7, 2011

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“The rally in tech firm start-ups apparent in the previous quarters of 2010 appeared to have sputtered somewhat in the final quarter. Nevertheless the 84 start-ups during the fourth quarter were above the quarterly average observed over the past six years,” said Kelly Cunningham, Economist and Senior Fellow at the National University System Institute for Policy Research. “As the U.S. economy is anticipated to slowly grow in 2011, tech start-ups in San Diego can be expected to increase so long as funding investment and growth opportunities are made apparent.”