City of Riverside, California
Over 130 exhibits & performances scheduled!
October 4, 2012
6 p.m. to midnight
 Seizing Our Destiny 
Weekly Wins
Great projects, initiatives and successes are happening in Riverside everyday; highlights for this week:


 Local business owners come together to support their community


Zocalo Public Square debuts in Riverside


Municipal Auditorium rededicated To celebrate completion of renovations 



Riverside Downtown Partnership Luncheon
TODAY! 9/25
(click here
for more info)
TriTech Webinar: SBIR and STTR Grant Funding Training
Thursday, 9/27
(click here to register)

for more community events, seminars & meetings, go to the

Community Calendar 

Small Biz Resources


Looking for tools to help your business? Check out some of the programs below:


SBA's SizeUp Tool helps small businesses see how they stack up against the competition


MillerCoors Urban Entrepreneur Series $50K Business Plan Competition
(closes on 10/26)


Inland Empire SBDC training events 


SBA's Young Entrepreneur Training Guide 

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Economic Development News
City of Riverside, California
Office of Economic Development
September 25, 2012 

Riverside is being recognized worldwide for its forward looking, cutting-edge approaches to economic development, education, sustainability and technology. Discover the possibilities within this City of Arts & Innovation.
CMTC Helps Companies Use Innovation for Profitable Growth


Innovation seems to be the new buzz word in business. But what exactly does it mean? To put it simply, it is a process used to create opportunities for growth. However before innovation can occur, a company must be ready to change and "confront reality" as to where they are in the company's business lifecycle.


Due to the recent economic downturn, companies had been cutting costs to slow down a decline in profitability, and now many are finding their survival is at stake. These are the companies that need to retool and 'innovate' in order to grow once again.


CMTC - California Manufacturing Technology Consulting - is a not-for-profit consulting company that works with Riverside manufacturers to develop creative solutions that lead to profitable growth. CMTC does this through a process that helps their clients understand where they can maximize creativity, streamline efforts to analyze and commercialize ideas, and enhance employee output. (Read more...)

Local Technology Firm Receives $10,000 Grant to Facilitate Expansion


Amro Albanna, President & CEO of Innovation Economy Corp, and Steve Abbott, President of OLI, receive a grant for $10,000 from SmartRiverside CEO Steve Reneker

On September 4, 2012 Olfactory Laboratories, a local technology company whose research is intended to help 

fight the spread of mosquitos-borne diseases, received a 

$10,000 grant from Riverside-

based nonprofit, SmartRiverside.


Formed as a vehicle to establish the City of Riverside as the innovation center of the Inland Empire, SmartRiverside launched the High Technology Tenant Improvement Program in 2006 to help growing technology companies offset the costs of tenant improvements, allowing them to redirect capital to their research and operations.  Since its inception, the 501(c)3 has awarded over $185,000 to local technology firms.


Olfactory Laboratories, Inc, or OLI for short, was born from research conducted at UC Riverside and was licensed in partnership with the university so that the technology could be transformed into commercialized production.  OLI's mission is to design products to inhibit blood-seeking insects from finding humans and animals.  OLI uses a variety of scientific methods to design and create environmentally-safe, non-insecticidal compounds to be used in affecting insect behavior. (Read more...) 
UC Riverside Launches School of Public Policy
Graduate programs will focus on policy issues of the state and Riverside area
(As reported by the UC Newsroom on September 24, 2012)

UCR Chancellor Timothy P. White announced today the launch of the UC Riverside School of Public Policy, a research center focusing on policy issues important to the Inland Empire of Southern California.


The mission of the School of Public Policy is to prepare students to pursue careers in local, state and national governments and in nonprofit organizations; to facilitate research by multidisciplinary teams at UCR on substantive public policy problems; and to maintain dialogue with policymakers in the region and the state. (Read more...)

We invite you to celebrate the achievements and continued progress of this City of Arts & Innovation. Please contact the Office of Economic Development for more information.


Scott C. Barber

City Manager
City of Riverside