Palm Springs iHub and Accelerator Campus
The Palm Springs Innovation Hub (iHub), managed by the Coachella Valley Economic Partnership, is a state-designed business incubator funded by the city of Palm Springs and Wells Fargo. The iHub focuses on early-stage business in the fields of renewable energy, health and medicine, and digital technology. The Palm Springs iHub also offers the Palm Springs Accelerator Campus – designed to mitigate start-up risks and increase the probability of business prospering and growing into the future.
Palm Springs iHub Performance Metrics
Goals & Objectives:
• Transform the Greater Palm Springs Economy through growing innovative enterprise.
• Nurture, attract, and grow 50 renewable, energy based companies in five years.
• Create high-paying jobs in technology and manufacturing throughout Greater Palm Springs.
• Develop programs to enable and encourage Greater Palm Springs to compete in the global marketplace.
• Attract angel and venture capital investments in resident, accelerator, and virtually based companies.
• Increase per capita household income and standard of living regionally.
Wells Fargo Innovation Incubator (IN2)
The Coachella Valley Economic Partnership (CVEP), manager of the Palm Springs iHub and Accelerator Campus, is a member of the Wells Fargo Innovation Incubator (IN2) Program, which fosters and accelerates early-stage commercial buildings technologies that provide scalable solutions to reduce the energy impact of buildings. Founded in 2014, IN2 is funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). CVEP celebrated the naming of Wells Fargo Innovation Center at the Palm Springs Accelerator Campus on April 8, 2016.
Meet Some of the Innovative Businesses of the Palm Springs iHub and Accelerator Campus
Energy (Renewables/Management/Conservation)
- EV ENTERPRISES: Producer of lithium-ion battery components, microelectronics and other related products for electric vehicle applications and more. *Located at Palm Springs Accelerator Campus
- HEPPOLT: Heppolt has created a new wind turbine. The design allows for installation and maintenance to be carried out at ground level as opposed to current vertical turbines. HWE is receiving support from Los Alamos National Lab.
- SACTEC SOLAR: A designer and manufacturer of all-in-one alternative energy solution systems. These units can be deployed in regions or situations where power is not easily accessible. *Located at Palm Springs Accelerator Campus
- ECO GREEN SUPPLY: Environmentally conscious cleaning products formulated to clean more efficiently and more gently while eliminating pollutants and toxins. *Located at Palm Springs Accelerator Campus
- ECO HELICOPTERS: Featured in Forbes Magazine as accepting an invitation to join the Palm Springs iHub. The business model is to manufacture and operate electric helicopters.
Healthcare/Medical Innovation
- DOUBLE LOCK SYSTEMS: Elizabeth Wong is a local CRNA who was granted a U.S. patent for a new sterile IV port and syringe system. She is currently working on prototype variations of this system.
Software – Primary (Education, Lifestyle, Marketing, Social Media)
- POCIAL: A new, creative social network designed to connect like-minded individuals based around polling in an effort to foster and encourage debate, create a collective voice and quantify opinions. Digital marketing.
Hardware and Other Products/Services
- PALM SPRINGS FILM ALLIANCE: An active organization that seeks to bring filming opportunities to greater Palm Springs. Projects have included movies, commercials, infomercials, promotional videos and TV segments. *Located at Palm Springs Accelerator Campus
- POST MODERN: A developer of integrated hardware/software systems for consumer marketing. Their system allows marketers to integrate social media into marketing events and tradeshows using interactive kiosks. *Located at Palm Springs Accelerator Campus
- ECO CULTURE MANUFACTURING: Textile manufacturing focused on recyclable materials and integration of sensor technologies for smart devices.
- YVONNE WHITE COLLECTION: Relocated to Palm Springs Accelerator Campus January 2021.
- QWIKTARP: A patented semi-custom fitted truck-bed tarp, latch, and tether system. The patented system offers waterproof protection of the truck’s contents, and installs quickly and easily with no paint damage and no drilling required. The company is looking to shift either full or partial manufacturing to Palm Springs. *Located at Palm Springs Accelerator Campus
- AFM ENTERPRISES: A local Hispanic owned business that provides valuable services to an array of business-to-business situations. *Located at Palm Springs Accelerator Campus
- MODUCAN: Moducan is headed by a veteran Israeli entrepreneur and is developing a new product in the shelter space that can work in both civilian and military settings. *Located at Palm Springs Accelerator Campus
PALM SPRINGS iHUB Company Highlights:
• INDIE POWER SYSTEMS provided the energy management system to the Toyota Buffalo Ranch off-grid electrical supply center in Buffalo, Wyoming.
• SUBECA* secured an order from Mission Springs Water District for patented smart water meters. Won the 2016 SBEMP Award for Environment.
• HIPS-SISTER* surpassed $1 million in revenue and was featured in Oprah Winfrey’s O Magazine.
• HEPPOLT WIND ENERGY secured phase 1 and phase 2 financing for a grid-scale prototype of its patented Vertical Axis Windmill from Los Alamos National Laboratory.
• POCIAL debuted an interactive competition judging app for Tim Bradley fight. Pocial and EV ENTERPRISES have been finalists for Spirit of the Entrepreneur Awards from the Inland Empire Center for Entrepreneurship at CSU San Bernardino.
• QWIKTARP was a 1st place winner in the product/service category at Fast Pitch Greater Palm Springs 2021.
*Palm Springs iHub Graduate
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