CITY OF
RIVERSIDE City Council Memorandum
City <:/Arts &__Innovation
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FROM:
HONORABLE MAYOR AND CITY COUNCIL
COMMUNITY & ECONOMIC DEVELOPMENT
DEPARTMENT
DATE: AUGUST 25, 2026
WARDS: ALL
SUBJECT: MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF RIVERSIDE, INSTITUTE FOR VETERANS & EMERGING TECHNOLOGY SKILLS (iVETS), AND STEMWORX, INC. FOR TECHNOLOGY AND WORKFORCE
DEVELOPMENT
ISSUE:
Receive report and authorize Mayor Lock Dawson, or her designee, to execute the Memorandum of Understanding between the City of Riverside, the Institute for Veterans & Emerging Technology Skills (iVETS) and StemWorx, Inc.
RECOMMENDATIONS:
That the City Council:
1. Receive the report about the Institute for Veterans & Emerging Technology Skills (iVETS) and StemWorx, Inc.; and
2. Authorize Mayor Lock Dawson, or her designee, to execute the Memorandum of Understanding, including making minor and non-substantive changes.
COMMITTEE RECOMMENDATION:
On June 18, 2026, the Economic Development Committee received the staff report regarding the proposed Memorandum of Understanding between the City of Riverside and the Institute for Veterans & Emerging Technology Skills (iVETS), and StemWorx, Inc.; and recommended that the City Council authorize Mayor Lock Dawson, or her designee, to execute the Memorandum of Understanding, including making minor and non-substantive changes.
BACKGROUND:
The ETA Group is seeking to partner with the City of Riverside to establish the Institute for Veterans & Emerging Technology Skills (iVETS) in Riverside.