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FDIC Sets up Deposit Insurance National Bank of Santa Clara (DINB) for SVB Depositors
Silicon Valley Bank, based in Santa Clara, California, was closed on March 10, 2023, by the...
CTR and Fuji Electric team up for Hell’s Kitchen Geothermal Facility in Salton Sea
Controlled Thermal Resources (CTR) and Fuji Electric Corp. of America (FEA) recently signed a...
China Airlines Boosts Recovery of International Air Service with Daily Service Between Ontario and Taipei
Ontario International Airport in California has announced that China Airlines will fully restore...
Riverside and San Bernardino Clinics to Benefit from Pair Team, a San Francisco-based digital health start-up
Pair Team, a California-based nonprofit organization, is significantly impacting health clinics in...
Other IE Startup News
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Press Releases
Visit Greater Palm Springs (VGPS) Partners with Caravanserai Project to Support Entrepreneurs
Visit Greater Palm Springs Tourism (VGPS) has recently formed a partnership with Caravanserai Project to offer micro-grants and business training to a maximum of 30 small business owners in the Coachella Valley. The microgrants can reach up to $7,500....
UCR Center for Social Innovation & Blended Impact Release the 2021 IE Innovation Ecosystem Highlights & Web Repo
On September 6th, 2022, UCR's Center for Social Innovation (CSI) and Blended Impact (a Southern California-based venture development firm and innovation lab) released the '2021 IE Innovation Ecosystem Highlights report. The latest report includes updated data through...
TailoredSpace: Serviced Rental Offices and Co-Working Space Comes to Chino Hills
After the pandemic's flexible working trends, TailoredSpace is now offering coworking office space at Chino Hills! Coworking and flexible offices are the future workplace trends that companies of all sizes embrace. Starting on 1st September 2022, TailoredSpace is...
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Staff Picks
The Riverside County Microbusiness Covid-19 Relief Grant Program
The Riverside County Microbusiness Covid-19 Relief Grant Program (MCG) is an initiative for small business owners hardest hit by the loss of business caused by the COVID-19 pandemic. https://twitter.com/RivCoED/status/1496164593273557006 We Covered this in our Weekly...
Disney Chooses Coachella Valley for its Residential Community Project
Disney is moving into the business of building theme-based residential communities it calls 'Storyliving,' a concept-based community that can make you feel as close as possible to living in a Disney story. It will have houses in various styles, but all communities...
SoCal Supply Chain Meetup Group by The Worldwide Supply Chain Federation
We Covered this in our Weekly Wire Round up https://www.youtube.com/watch?v=mlHf8X7fxwU&t=22s What is the Worldwide Supply Chain Federation? The Worldwide Supply Chain Federation (WSFF) is an international organization that provides collaboration, education, and...
Last 7 Days
CTR and Fuji Electric team up for Hell’s Kitchen Geothermal Facility in Salton Sea
Controlled Thermal Resources (CTR) and Fuji Electric Corp. of America (FEA) recently signed a Memorandum of Understanding for the completion of several Equipment, Procurement, and Construction (EPC) contracts. The contracts will deliver multiple geothermal power...
China Airlines Boosts Recovery of International Air Service with Daily Service Between Ontario and Taipei
Ontario International Airport in California has announced that China Airlines will fully restore daily round-trip service between Southern California's Ontario International Airport (ONT) and Taipei beginning March 26, 2023. The resumption of daily service comes after...
Riverside and San Bernardino Clinics to Benefit from Pair Team, a San Francisco-based digital health start-up
Pair Team, a California-based nonprofit organization, is significantly impacting health clinics in San Bernardino and Riverside counties. Pair Team aims to provide underserved communities with quality healthcare, education, and technology resources. By partnering with...
UC Riverside Collaborates with Google Cloud to Advance Research Capabilities
The University of California, Riverside (UCR) has partnered with Google Cloud to modernize its enterprise infrastructure and support its cutting-edge research program. This collaboration will enable researchers to achieve faster results by enhancing computing speed,...
Beaumont in Riverside Offers Downtown Business Incentive Programs to Support Local Businesses
The City of Beaumont is dedicated to supporting local businesses in their efforts to expand or establish their presence in the Downtown area. To that end, the city is currently accepting applications for its Downtown Business Incentive programs. These programs aim to...
Weekly Wire Roundup Silicon Valley Bank Defaults, $1M for OASIS Entrepreneurship Academy, and more
https://youtu.be/P4o03bEdMek Startup-Focused Silicon Valley Bank (SVB) Puts all Eggs in One Basket: Defaults after Bank Run Startup-focused California-based Silicon Valley Bank was shut down by the US Federal banking regulator (FDIC) on Friday, March 9, at noon. SVB...
Riverside County News
China Airlines Boosts Recovery of International Air Service with Daily Service Between Ontario and Taipei
Ontario International Airport in California has announced that China Airlines will fully restore daily round-trip service between Southern California's Ontario International Airport (ONT) and Taipei beginning March 26, 2023. The resumption of daily service comes after...
UC Riverside Collaborates with Google Cloud to Advance Research Capabilities
The University of California, Riverside (UCR) has partnered with Google Cloud to modernize its enterprise infrastructure and support its cutting-edge research program. This collaboration will enable researchers to achieve faster results by enhancing computing speed,...
Beaumont in Riverside Offers Downtown Business Incentive Programs to Support Local Businesses
The City of Beaumont is dedicated to supporting local businesses in their efforts to expand or establish their presence in the Downtown area. To that end, the city is currently accepting applications for its Downtown Business Incentive programs. These programs aim to...
Weekly Wire Roundup Silicon Valley Bank Defaults, $1M for OASIS Entrepreneurship Academy, and more
https://youtu.be/P4o03bEdMek Startup-Focused Silicon Valley Bank (SVB) Puts all Eggs in One Basket: Defaults after Bank Run Startup-focused California-based Silicon Valley Bank was shut down by the US Federal banking regulator (FDIC) on Friday, March 9, at noon. SVB...
Toro Company Honored as 2022 Business of the Year by Riverside Chamber
The Toro Company's recognition as the 2022 Business of the Year by the Riverside Chamber is a testament to its commitment to sustainable solutions and community involvement. As a long-time Chamber member, Toro has shown they are a leader in their industry and a...
San Bernardino County News
San Diego Angel Conference Announces Quarterfinalists for SDAC V
The San Diego Angel Conference (SDAC), a University of San Diego Knauss School of Business program, has announced 25 quarterfinalists for its SDAC V Angel Conference. These quarterfinalists were selected out of 106 startup applicants by angel investors based on their...
Startup-Focused Silicon Valley Bank (SVB) Puts all Eggs in One Basket: Defaults after Bank Run
Yet another US bank bites the dust. On Friday, March 9th, 2023, the US banking regulator closed the Silicon Valley Bank after it became insolvent. SVB's collapse happened within 48 hours when customers caused a bank run withdrawing $42 Billion in a single day. Like...
Weekly Wire Roundup: Inland Empire’s PMI Index, NASCAR Sells Land for $543 Million, NBA Launchpad, and more
Inland Empire’s PMI Index https://youtu.be/EwemP38rTwg The Inland Empire Purchasing Managers’ Index (PMI) for February registered 50.8, indicating a slight increase from the previous month’s 50.4. The Production Index increased to 50.0 from the previous month’s 48.0,...
Entrepreneurship in Action: California Baptist University Empowers Students to Pursue Their Dreams
California Baptist University (CBU) empowers its students to pursue entrepreneurship early in their academic careers through its entrepreneurship program. According to Dr. Tim Gramling, dean of the Dr. Robert K. Jabs School of Business at CBU, the program teaches...
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