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News - City

Posted on: November 2, 2022

City of Temecula announces a Rent Waiver Program for Business Incubator (TVE2) Tenants

To support entrepreneurs of the Temecula Valley, the City of Temecula has launched its Temecula Valley Entrepreneur’s Exchange (TVE2) Rent Waiver Program. “As part of the City’s COVID-19 Community Reinvestment Program, $80,000 has been dedicated to waiving the nominal monthly fee for existing and new TVE2 business incubator tenants” says Temecula’s Mayor Matt Rahn. “Our goal is to help current and emerging business thrive and ensure Temecula remains a “business friendly” town”. 

Located at 43200 Business Park Drive, the TVE2  is a unique business incubator and regional resource center that fosters business growth and economic vitality for entrepreneurs and innovative early-stage companies, by providing access to technology and high-quality resources and leveraging a strong network of community partners. Some of our facility-based services, include:

  • Flexible Leases 
  • 24/7 Key Card Controlled Access 
  • High Speed Internet 
  • Collaborative Spaces 
  • U.S. Postal Service Mailboxes 

Office spaces will be provided on a first come-first serve basis. This program will be effective until June 30, 2025 or until funding is exhausted, whichever comes sooner. 

All interested businesses must complete a program application and complete the required steps to become an approved TVE2 tenant. To request a program application, please email Mary Cervantes, TVE2 Manager at mary.cervantes@temeculaca.gov

For more information, please click here or call 951-506-5187. 

 

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