Politics & Government

High-Tech Incubator Opens Branch in Murrieta

TriTech Small Business Development Center currently operates offices in Riverside, Corona, Irvine and will now locate its regional office for greater southwest Riverside County at Rabobank in Murrieta.

A high-tech incubator that offers free consulting to technology start-up companies looking to commercialize their products is opening up a branch in Murrieta.

TriTech Small Business Development Center currently operates offices in Riverside, Corona, Irvine and will now locate its regional office for greater southwest Riverside County at Rabobank in Murrieta, according to a news release.

Bringing the branch to Murrieta was a joint effort between the City of Murrieta Economic Development Department, Rabobank, N.A., and TriTech SBDC.

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“The City of Murrieta’s No. 1 priority is to promote private sector business growth and economic development, particularly in the area of technology companies and to encourage tech start-up companies to locate in the Murrieta and Murrieta/Temecula Twin Cities area,” said Murrieta Mayor Randon Lane in the news release.

“The partnership which has been created with Rabobank and the TriTech SBDC will greatly foster the environment of high tech-based entrepreneurship in our region. I am excited about the partnership that has been created to promote the area as a location for high tech business growth, including cleantech and greentech companies,” Lane said.

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TriTech SBDC is funded partially through a grant from the U.S. Small Business Administration. It helps Southern California businesses and entrepreneurs to commercialize new technologies, market their products and services and identify capital and knowledge resources. Services are provided at no cost to clients.

“TriTech will serve as  a strategic partner for the entrepreneur and will provide valuable resources which will assist high-tech start-up companies to locate and expand in the area and provide support for business planning and connections to alternative sources of financing,” said Jay Goth, TriTech’s business consultant for the Murrieta/Temecula area.

“TriTech’s operation in Murrieta will be a form of virtual high technology incubator," Goth said.

Goth’s experience as a successful serial entrepreneur and business consultant, along with an extensive network of business and investor contacts, can help early stage companies attain their growth and development goals, said Bruce Coleman, Murrieta's economic development director.

TriTech is affiliated with California State University, Fullerton, and Riverside Community College.

"They have a broad reach into companies that range from business start-ups to those companies that could employ 500 people or less," Coleman said.

"Their focus will be to encourage the growth of these companies in the Murrieta/Temecula area so as to create new employment opportunities."

will provide the office space for TriTech, where Goth will personally meet with businesses on a confidential basis.

Rabobank opened its Murrieta office in October 2008. The 5,726-square-foot modern style office is located at 40723 Murrieta Hot Springs Road, between  interstates 15 and 215. Rabobank, N.A. is part of the Rabobank Group, "one of the safest banks in the world with more than 110 years of trustworthy service."

“Murrieta is a vibrant, vital area and the business benefits provided by this new partnership will be a significant contribution to the City of Murrieta," said Rabobank Regional President Keith Goff.

“We are delighted to be a part of this unique opportunity," Goff said.


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