What does TTO do to promote and target economic development?
TTO focuses its initial marketing efforts on local companies and entrepreneurs. To the extent our local businesses can use our innovations gainfully to develop useful products and services, they become our preferred customers. For innovations that are suitable for the formation of new businesses, we work with entrepreneurs to establish new companies in the area. These new companies attract investment dollars into our community, create new high-wage jobs, attract secondary service providers and help to establish a knowledge-based economy in San Diego. Historically, more than one-third of our licenses are granted to companies in the greater San Diego area.