University of California, Riverside

Undergraduate Business Program

SoBA News

The UCR School of Business Administration takes part in a partnership that includes the city of Riverside in the California innovation hub initiative

(August 3, 2011)

The California Governor’s Office of Economic Development (GoED) announced Tuesday a partnership between the San Diego Innovation Hub (iHub) and Riverside, resulting in the hub’s expansion along Interstate 215 to the cities of Riverside, Temecula and Murrieta.

Led by the non-profit organization CONNECT, the San Diego iHub is one of a dozen hubs for technological innovation established in 2010 as part of a state initiative.

Its expansion promises to stimulate the regional economy, said Timothy White, UCR’s chancellor. “Partnering in this collaborative effort will facilitate and enhance technology commercialization, sparking much needed job creation and economic growth as well as leading to widespread adoption of innovative technologies across the region,” he said. “This expanded iHub initiative comes at the right time.”

Brent Hunter, SoBA's director of development, said, "For the past four years, SoBA has been working with business and community leaders in South Riverside County and understands their desire to bring value-added jobs to their area. They have been looking towards San Diego as the answer, sometimes dubbing the area as the extreme north end of San Diego County. This new iHub designation not only ties the two counties together but also puts Temecula and Murrieta as the center point of the region."

The partnership first came about as a result of collaboration between the UCR School of Business Administration (SoBA), the Bourns College of Engineering and CONNECT on a joint application for the US Economic Development Administration’s i6 Green Challenge grant. The proposal centered around the field of bio-mimicry.

“The partnership activities that developed during the grant application made us all realize that much could be accomplished by continuing to work together,” said Carolyn Hock, assistant dean of external relations at SoBA.

 “UCR’s innovative research in bio-mimicry, solar and clean, green technologies will benefit from the iHub commercialization opportunities as we bring investors and other partners to the table through this initiative,” Hock said. “This forward-looking partnership will benefit all in the region and beyond.”

Hock added that the expansion of the San Diego iHub to include the I-215 Technology Corridor aligns with the business school’s mission, as stated in its strategic plan, to “develop diverse leaders, propel research-based innovation and promote the sustainable growth of Inland Southern California within the global economy.”

News Contact:
Mark Manalang
Communications Manager & Editor/Writer

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