Archived Facts

Riverside, Calif. (PRWEB) October 08, 2013

California state economic development director Kish Rajan and deputy director Louis Stewart today joined state and local elected officials in Riverside to announce the designation of four new Innovation Hubs (i-Hub), further expanding the largest network of state sponsored innovation clusters in the U.S. This announcement comes just days after Governor Brown signed legislation AB 250 to formally recognize the i-Hub program in statute and establish the Innovation Accelerator Account.

Todays announcement of four new i-Hubs further cements California as the world leader in innovation, said GO-Biz director Kish Rajan. These new initiatives bring together key resources to support manufacturing, aerospace, defense, energy, healthcare, agribusiness, and more. This allows regions all over the state to better capitalize on new technologies and support homegrown start-up businesses that create the bulk of Californias new jobs.

VIDEO: Director Rajan speaking to the crowd of attendees. (LINK)

Over 120 local business owners and representatives participated in the announcement, held at the Riverside County Administrative Center. The GO-Biz team was joined by Senator Richard D. Roth, Assemblymembers Jose Medina, Cheryl Brown, Chris Holden and V. Manuel P

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