FIRST SBDC TO PILOT MULTI-PRONGED APPROACH WITH NASA’S REGIONAL ECONOMIC DEVELOPMENT, TECHNOLOGY TRANSFER AND INNOVATION RESEARCH INITIATIVES TriTech Small Business Development Center (SBDC), hosted by Riverside Community College District (RCCD), entered into an agreement with NASA’s Armstrong Flight Research Center in Edwards, California to pilot a new business model to spur economic development. This took place on April 17. This partnership will help facilitate the technology transfer and commercialization of NASA technologies into the Southern California region. The agreement enables TriTech SBDC to assist businesses to expand and open new avenues for creating jobs. The agreement is unique because it is the first time NASA is partnering with a community college system, and using multiple NASA commercialization programs. It gives TriTech SBDC the authority to be a liaison for licensing NASA research and development technologies to develop businesses and high-wage jobs in the counties of Los Angeles, Orange, Riverside, San Bernardino and San Diego. TriTech will model new technology-driven economic development strategies and models, and will assist in replicating the models nationwide. TriTech signed a similar business development agreement leading to licensing of Navy technologies with the U.S. Navy through the Naval Surface Warfare Center, Corona Division. The Partnership Intermediary Agreement with the Navy was a model for NASA to develop a similar collaboration agreement with combined research and development technology portfolios under TriTech SBDC.
Published by Moreno Valley Business Journal. View All Articles.
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