$1 Million Grant to Help Develop Sustainable Agricultural Businesses, Provide Innovative Technologies
UC Davis is one of six recipients nationwide, and the only one in California, to receive a $1 million award in the U.S. Department of Commerce’s Economic Development Administration’s 2012 i6 Challenge Grant competition.
The university has used the grant to establish the Sustainable AgTech Innovation Center.
The center, administered by the UC Davis Child Family Institute for Innovation and Entrepreneurship, represents a creative collaboration with the Sacramento Area Regional Technology Alliance, the region’s leading nonprofit organization devoted to entrepreneurship and commercialization of new technologies.
This is a tremendous investment in, and validation of, the Institute’s programs and allows us to build a focus—through our workshops, mentoring, and networks—on supporting the commercialization of clean and sustainable agricultural science and technology,” said Andrew Hargadon, professor at the Graduate School of Management, director of the Child Family Institute for Innovation and Entrepreneurship, and co-author of the grant.
The Sustainable AgTech Innovation Center will provide valuable resources that focus on accelerating entrepreneurial thinking among researchers and businesses in the agricultural field, and develop a network of experts to support entrepreneurs and new ventures. In addition, the center will create an AgEntrepreneurship Academy, which will help agriculture entrepreneurs identify market needs and opportunities, and create agriculture “food chain” clusters of innovation.
“This is tremendous news,” Chancellor Linda P.B. Katehi said. “UC Davis is the leading university for research at the interface of agriculture, clean technology and sustainability, and this grant will further our efforts to turn this research into jobs and economic development for our region.”
The i6 Challenge Grant is a multi-agency initiative to support the creation of centers for innovation and entrepreneurship. It is designed to encourage and reward innovative, groundbreaking ideas that accelerate technology commercialization, new venture formation, job creation and economic growth across the United States.
“This center will further strengthen the institute’s role in reinforcing the Sacramento region, and California’s Central Valley, as the ‘Silicon Valley of agriculture and food,’” said Steven C. Currall, dean and professor of the Graduate School of Management and principal investigator on the grant.
Reps. Doris Matsui and Mike Thompson, whose districts take in parts of UC Davis, announced the grant on September 13.
“UC Davis is one of the top research universities in the nation, and I am pleased that this federal grant will help them develop their Sustainable AgTech Innovation Center,” said Matsui, D-Sacramento. “Once established, this center will have a profound impact on the region and the nation; linking our agriculture industry to innovative and new technologies that will sustain our nation’s food supply, while fueling job creation and economic growth on farms and in rural communities across America.”
About UC Davis
For more than 100 years, UC Davis has engaged in teaching, research and public service that matter to California and transform the world. Located close to the state capital, UC Davis has more than 32,000 students, more than 2,500 faculty and more than 21,000 staff, an annual research budget that exceeds $684 million, a comprehensive health system and 13 specialized research centers. The university offers interdisciplinary graduate study and more than 100 undergraduate majors in four colleges—Agricultural and Environmental Sciences, Biological Sciences, Engineering, and Letters and Science. It also houses six professional schools—Education, Law, Management, Medicine, Veterinary Medicine and the Betty Irene Moore School of Nursing.
Tim Akin, Graduate School of Management, (916) 402-9270
Andy Fell, UC Davis News Service, (530) 752-4533