NOTE: After receiving approval from two key committees Thursday morning, UC Merced’s 2020 Project was approved by the full Board of Regents on Thursday afternoon, in a vote that was initially scheduled for Friday. The following release was issued earlier today, after the vote by the Committee on Finance and the Committee on Grounds and Buildings.
UC Merced’s latest foray into the community, the Venture Lab, officially op
The University of California, Merced, directly invested nearly $170 million in the San Joaquin Valley economy over the past 12 months, according to the university’s annual Economic Impact Report released today (Oct. 13).
Regional investments since the campus began start-up operations in July 2000 now total $1.27 billion, the university reported. Statewide, UC Merced’s economic impact over the past 12 months amounted to $223 million, bringing its cumulative total to more than $2.4 billion.
The University of California, Merced, has moved a step closer to realizing its plan to build a new center in downtown Merced that will provide space for administrators and collaborations with community partners.
The link between UC Merced and downtown Merced will grow stronger this spring with the opening of a new business incubator.
UC Merced’s Small Business Development Center Regional Network is the only entity in the state, and only one of 22 in the nation, to win a Federal and State Technology (FAST) grant from the U.S. Small Business Administration.
The University of California, Merced, has directly invested more than $1.1 billion into the San Joaquin Valley economy since the newest UC campus began start-up operations in July 2000, according to the campus’s Division of Business and Administrative Services.
The investment total represents an increase of $155 million over the past 12 months, the university reported. It includes the cumulative value of all wages and benefits paid, construction contracts awarded, and goods and services purchased within the San Joaquin Valley through August 2014.
Southern California Edison has been selected as this year’s recipient of the UC Merced School of Engineering Vanguard Margin of Excellence Award.
“Southern California Energy’s partnership with UC Merced has created countless opportunities for engineering students to positively impact their communities,” School of Engineering Dean Dan Hirleman wrote to the company, calling it a model partner for the university.
The Vanguard Award was created to honor corporate partners that have had a transformational effect on the educational experience of School of Engineering students.