The University of California, Riverside’s Initiative OASIS Gets $2M from Fed Government’s Build to Scale Grant

By: Sharjeel Sohaib

• 

Oct 12, 2022

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The Opportunity to Advance Sustainability Innovation and Social Inclusion (OASIS) initiative is a public-private partnership led by the University of California, Riverside-Riverside (UCR). To continue its entrepreneurship-boosting initiatives, OASIS also received funding of $2M  from the federal government.  

Key Takeaway:

  • OASIS aims to promote regional economic development through research translation, innovation and entrepreneurship, and workforce development. 
  • OASIS focuses on the Inland Empire region’s core technological sectors, including sustainable logistics, energy storage, agriculture, and environmental health. 

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OASIS: A Social Initiative by UCR

Opportunities to Advance Sustainability, Innovation, and Social Inclusion, or OASIS, is an innovation park by UCR

OASIS is a hub for innovation, incubation, and research in sustainable energy, social mobility, intelligent transportation, agriculture, and natural resource management.

Read Here: OASIS: An Initiative by UCR to Foster Innovation for Social Good

Fundings to Strengthen OASIS

OASIS received two grants from the State of California for $15 million and $47 million to find and secure a site to establish the OASIS Clean Tech Park. The clean park makes up the first implementation phase of the OASIS Innovation Hub. 

OASIS has already attracted the support of many local and regional partners who recognize the transformative economic potential of this initiative. Federal Community Initiative Funding decided to contribute $1.5 million to the project.

What is the OASIS Accelerator?

The OASIS Accelerator is a component of the larger OASIS initiative. It aims to increase opportunities for Inland Empire innovators and entrepreneurs, particularly those from underrepresented groups. 

With OASIS Accelerator, underrepresented communities can build sustainability and climate technology-based startups with significant societal impact. 

OASIS Accelerator: Aiming to Build an Inclusive Entrepreneurship Accelerator

Through the development of the OASIS Accelerator, a connected network of cutting-edge test beds, pilot facilities, and specialized, integrated business support are all in one program. 

The project aims to establish and expand a sustainability-focused innovation ecosystem in the Inland Empire.

A single point of access to all materials, test sites, laboratory facilities, and professional help on how to use them will be made accessible through this effort. 

With the help of the OASIS Initiative and OASIS Accelerator, companies can access a diversified talent pool of technical and business specialists. 

They can also use the research excellence and entrepreneurial initiatives of UCR and its partners.

UCR Gets $1.9M from The James Irvine Foundation

In April 2022, the University of California Riverside’s Office of Technology Partnerships (OTP) received a $1.9 million grant from the James Irvine Foundation. 

The funds were used through the OASIS accelerator because it creates entrepreneurship facilities in the Inland Empire. 

The main aim of this funding was to support the university’s initiatives to establish a more inclusive and fair environment for technology innovation.

Read Here: UCR Gets $1.9M from The James Irvine Foundation: Funds to be Utilized Through The OASIS Accelerator.

Wrap Up!

The University of California, Riverside, is the driving force behind the public-private cooperation known as the Opportunity to Advance Sustainability Innovation and Social Inclusion (OASIS) program (UCR). 

The Inland Empire’s primary technology industries, including sustainable logistics, energy storage, agriculture, and environmental health, are the focus of OASIS. 

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