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• Sarcix, Inc provides a transformative new software platform that greatly eases the pain of professional school accreditation and enhances curriculumassessment while saving both time andmoney. Sarcix, an ExCITE resident and EPICSBDC client, has secured three Pharmaceutical School sales, Loma Linda University, University of Arizona and Duquesne University. In June, they attended the IAMSE (Medical Science Ed.) conference in Las Vegas and have two commitments to purchase their product and twowith strong interest pending approval and a thirdwith a presentation scheduled for August. They expect to exceed $100,000 in sales in the third quarter. • Facilitated $60.5million in tax-exempt bond financing for three projects - Rancho Christian School, Temecula Valley Charter School and DesertArc in order to construct improvements and refinance debt whichwill result in lower operating costs and allow for growth for these businesses.

Riverside County Innovation Month The 2nd Annual Riverside County Innovation Month was held in April and featured 50 innovative and entrepreneurial activities and events designed to showcase Riverside County’s Innovation assets. This month-long showcase was coordinated by the County of Riverside Economic Development Agency, several cities, University of California, Riverside, Riverside Community College District and related organizations to bring awareness to the many areas of innovation and entrepreneurship in the County. Highlights include: • Riverside County Fast Pitch competition culminating with the finale at the UCR Culver Center for the Arts in Riverside. eight entrepreneurs competed for $10,000 in cash prizes. At the finale, there were over 200 people in attendance to watch four angel investor and venture capitalist judges award 1st place to ServiceMob, 2nd place to Project TechXploration and 3rd place to Double-Lock Healthcare Systems. The region’s focus on diversity and inclusion was in full effect with five of the eight teams being represented by either a female or minority founder. • Partneredwith the Coachella Valley Small Business Development Center, the East Valley Coalition, UCR Forecasting&Development and Dr. John Husing to host the 2nd Annual Coachella Valley Business Summit featuring Dr. Christopher Thornberg and Dr. John Husing who presented the economic forecast. Over 425 attendees heard riveting information about the federal, state and the Coachella Valley economy.

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