Riverside Receives State of California iHub Designation

Tuesday, October 15th, 2013

Riverside County recently received designation as the Inland SoCal Link iHub, from the State of California’s Office of Economic Development, GoBiz.  This designation capitalizes on the location of Riverside and County cities with direct transportation links to the Port of Los Angeles, and the region’s continued growth in innovative technologies, businesses, and higher education institutions.  State economic development director Kish Rajan and deputy director Louis Stewart recently joined state and local elected officials in Riverside for an Innovation Hub (i-Hub) announcement ceremony and expo at the Riverside County Administrative Center on October 8th.  The new iHub – the Inland SoCal Link – will be managed by Rob Moran, economic development manager with the Riverside County Economic Development Agency.

The Inland SoCal Link iHub is anchored by a partnership between the Port of Los Angeles and Inland Southern California.  The overarching goal of this iHub is to maximize economic development opportunities within the transportation corridor which links the Port with the Inland Southern California region.  This will be accomplished through the establishment of an advanced manufacturing iHub that seeks to innovate and refine logistics in an effort to maximize the state’s exports.

Central to the new iHub is the University of California, Riverside.   The university, and especially its centers of excellence, is a driving force behind the positive diversification that is occurring in the Riverside County economy, which now includes strong representation from entrepreneurs, high tech companies, medical technology, biotechnology, nanotechnology, and renewable energy.  Riverside is home to multiple higher learning institutions, including California Baptist University, La Sierra University, and Riverside Community College – each with growing programs and a student base encouraging learning and economic growth in targeted industries. The City of Riverside, Office of Economic Development, specifically targets the high tech, advanced manufacturing, food processing, healthcare, professional services, and higher education.

“The i-Hub program has helped launch start-ups that are making advancements in tech, science, venture capital and more” said Deputy Director Stewart. “California has set a standard for advancing innovation that is being emulated around the world and GO-Biz is looking for ways to facilitate new opportunities through the i-Hub program.”

For more information on the Inland SoCal Link iHub, visit  http://business.ca.gov/Programs/Innovation/InlandSoCalLinkiHub.aspx