In the iHub, UC Merced will partner with regional nonprofit and government agencies in a multifaceted project aimed at stimulating economic development and job creation through research and innovation.
The Central Valley Business Incubator and Merced County Department of Commerce, Aviation and Economic Development are the lead agencies in the Central San Joaquin Valley iHub — one of 12 total projects to have now received the state’s designation — with UC Merced, California State University, Fresno, and the Small Business Development Center as partners.
The iHub designation is designed to encourage regional collaboration between research institutions, start-up technology companies, local governments, venture capitalists and economic development organizations. These organizations will leverage their various resources with the common goal of creating jobs and harnessing the creative and entrepreneurial spirit of the state.
“The iHub represents an ideal opportunity to combine our campus’ strengths in scientific innovation and entrepreneurialism,” said Chancellor Steve Kang, “with the resources provided by our partners in the region to help improve the economic landscape of the San Joaquin Valley.”