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California Doubles Number of RTAs

February 22, 2002

Last week, Governor Gray Davis announced the award of three grants to support the creation of new Regional Technology Alliances (RTA) for the Inland Empire, San Joaquin Valley, and Sacramento/Capital regions. The three new non-profit organizations join existing RTAs in Los Angeles, San Diego and the San Francisco Bay area to provide decentralized business support services for innovative, California-based technology firms.

Because the RTAs are designed by the tech community within the particular service area, each RTA offers regionally-customized approaches to technical assistance, securing financing, and other business support.

The three new RTAs, expected to open by May, will receive $200,000 in state matching grants from the California Technology Investment Partnership (CalTIP). The RTA and CalTIP programs are administered by the California Technology, Trade and Commerce Agency's Division of Science, Technology and Innovation.

More information is available from the Division's website. An eight-page SSTI Program Brief focusing on the California RTAs also is available at: http://www.ssti.org/Publications/online.htm