San Diego: California Innovation HUBSan Diego Awarded iHub DESIGNATION
San Diego County's role as a hotbed of clean technology innovation received recognition from former California Governor Arnold Schwarzenegger who designated the San Diego region an official California Innovation Hub. The designation allows the 35-member consortium that runs the San Diego iHub program to apply for federal funding from President Barack Obama's economic stimulus plan. Launched in March 2010, Governor Schwarzenegger's iHub Initiative provides a platform for research clusters, startup companies, government entities, business groups and venture capitalists by leveraging assets such as research parks, technology incubators, universities, and federal laboratories to foster innovation and job creation statewide. For decades, San Diego's research corridor has served as a springboard for technological and entrepreneurial business development that helps generate and transform innovative ideas into viable products and companies. The experience San Diego will bring to the table as a flourishing iHub is expected to be a tremendous asset to the statewide network. The San Diego iHub consortium consists of 35 partners, including academic institutions, economic development groups and local trade associations.The consortium will concentrate on three areas with the most potential to turn research into jobs including biofuels and solar power/energy storage sectors. |