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Innovative partnerships grow at Temecula Valley Entrepreneurs Exchange

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Incubator Manager Cheryl Kitzerow (center) pictured with TVE2 founders.

The Temecula Valley Entrepreneurs Exchange (TVE2), the city’s technology incubator and business resources center, is excited to welcome the Temecula Higher Education Center (THE Center) as the newest addition to the facility, at 43200 Business Park Drive.

The Temecula Higher Education Center is a partnership between Mt. San Jacinto College, California State University San Marcos at Temecula and the city of Temecula that offers students a seamless transition from earning an associate degree to earning a bachelor’s degree. Through a program developed by CSUSM Temecula and MSJC, students can earn associate and bachelor degrees in just four years at THE Center. Students will complete the program together in a collaborative learning model. They will save time and money, as classes are guaranteed.

California State University San Marcos President Dr. Karen Haynes (second from right) and Mt. San Jacinto College President Dr. Roger Schultz (second from left) pictured with faculty and school mascots at THE Center ribbon cutting ceremony.

The opportunity to add higher education and bring students interested in the business administration program to the Temecula Valley Entrepreneurs Exchange provides for a unique mix of entrepreneurs (in the TVE2 incubator), students and business resources in one location.

As local, state and national government agencies examine ways to create jobs and turn around the struggling economy, business incubation programs are featuring prominently in the debate -- as well they should. For 50 years, incubators have been helping entrepreneurs turn their ideas into viable businesses, promoting innovation and creating jobs by providing emerging companies with business support services and resources tailored to young firms to increase their chances of success.

By focusing on developing a new generation of entrepreneurs -- most of whom have ties to the local area -- Temecula wants to build companies that will create jobs and spark economic growth in the region for years to come. And because incubator programs provide targeted business assistance to young firms at their earliest stages of development -- when they’re most vulnerable -- business incubators help support new ventures that have a greater-than-average chance of success.

In the first two years of operation, the TVE2 has nine technology companies in the business incubator. In addition, the TVE2 offers business resources where business owners can come to network, attend educational workshops on business topics, and receive free one-on-one business consultations.

The city of Temecula leadership acknowledges that an incubator program and higher education opportunities are critical components of the entrepreneurial support infrastructure that have proven themselves to be significant generators of new jobs, and, as such, opening the incubator is a priority for our economic vitality efforts. For more information on the client companies, programs, events or how to apply, visit tve2.org.

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