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Murrieta supports regional innovation assets report for I-15/I-215 ‘Knowledge Corridor’

The city of Murrieta has joined with private sector industry leaders to promote the growth of technology innovation in the Murrieta/Temecula Twin Cities area.

Recently, a new private sector group, InSoCal Connect (insocalconnect.org), has been created to expand the best practices of San Diego Connect (connect.org) with the goal of accelerating innovation and assisting the expansion, formation and development of technology companies in the area, which stretches from Murrieta, Temecula and the California State University, San Marcos campus on the south, to the University of California, Riverside on the north, along the Interstate 15/Interstate 215 corridor.

In August 2011, the California Governor’s Office of Economic Development expanded the San Diego Innovation Hub (San Diego iHub) to include this area. This effort was strongly supported by San Diego’s Connect organization. The creation of InSoCal Connect is one of the first regional efforts to implement the new expanded iHub designation.

“InSoCal Connect iHub activities promote the growth of higher paying jobs, a more diversified and robust economy, more export opportunities and sustainable communities along the I-15/I-215 corridor, from Murrieta, Temecula and Cal State University San Marcos through UCR, and promotes the growth of this region as a logical extension of the nearby San Diego tech-based economy,” said Steve Austin, managing partner of Swenson Advisors and chairman of InSoCal Connect.

Raising awareness of the existing innovation and export opportunities in the “I-15/I-215 Knowledge Corridor” will be the focus of InSoCal Connect in its early years.

InSoCal Connect will be modeled on San Diego Connect, with phased implementation over a four-year period.

InSoCal Connect is incorporated as a 501 (c) (6) corporation. The initial phase of InSo Cal Connect activities will focus on preparing and dissemination of an Innovation Assets Report for the I-15/I-215 corridor region modeled on the Innovation Asset Reports prepared by San Diego Connect for San Diego. InSoCal Connect has contracted with San Diego Connect to prepare the report — which is now under way. The Murrieta/Temecula/UCR/CSUSM area is already the home of numerous innovation companies and the Innovation Assets Report will help to gain increased recognition that this area is a suitable location for the expansion of technology companies.

For additional information on how your company can be a part of growth opportunity, please contact Bruce Coleman, economic development director, city of Murrieta, at 951-461-6021; or Kim Davidson, business development manager, city of Murrieta, at 951-461-6003.

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