Gift to Provide Funds for Graduate Fellowships

SolarMax Technology Inc., which is opening a headquarters in Riverside, is giving $200,000 to the School of Business Administration

School of Business Administration students sit on table outside school

School of Business Administration students will be the beneficiaries of $200,000 for graduate fellowships from SolarMax Technology Inc.

RIVERSIDE, Calif. ( — A $200,000 student fellowship fund will be established at the University of California, Riverside’s School of Business Administration thanks to a donation from SolarMax Technology Inc.

The gift will be formally presented at 10 a.m. Nov. 5 during the groundbreaking ceremony for SolarMax Technology Inc.’s new Riverside headquarters. The company expects to begin occupying the 165,000-square-foot office and warehouse by the end of the year. The company’s move is set to create directly and indirectly 1,600 jobs.

The fund will be used to provide graduate fellowship assistance in The A. Gary Anderson Graduate School of Management, which is housed in the School of Business Administration. The fellowship will be awarded by a faculty committee appointed by the dean of the school.

“The $200,000 fellowship fund from SolarMax will be instrumental in ensuring the success of our business students,” said Yunzeng Wang, interim dean of the School of Business Administration. “This is a great act of giving back to the community on SolarMax’s part, and we are genuinely thankful for their generosity.”

SolarMax Technology is renovating the historic building in Riverside  and adding a solar rooftop. The building is set to also house other green businesses and services.

“We’re excited to become a member of the Riverside community,” said Ching Liu, SolarMax Technology executive vice president. “Mayor Ron Loveridge has been instrumental in helping us in our move. We’re proud to be part of a community that is also home to the University of California, Riverside. We plan to continue our relationship with UCR by establishing a $200,000 Endowed Graduate Fellowship Fund for the university’s business school.”

The ground breaking will take place at 10 a.m. Nov. 5 at 3080 12th Street in Riverside. More than 100 invited guests are expected to attend the event.

About the UC Riverside School of Business Administration

Established in 1972, the UC Riverside School of Business Administration, home of the A. Gary Anderson Graduate School of Management, is the first professional school of its kind in the region, and the only one at a research-based institution. Leveraging its location at the nexus of commerce, the UCR business school seeks to develop world-class leaders and scholars who are as diverse as the challenges they face and the enterprises they grow.

About SolarMax Technology Inc.

Headquartered in the City of Industry, SolarMax Technology Inc. provides, installs and finances solar power systems for residential and commercial markets. SolarMax has highly trained consultants and master installers that provide unmatched technical expertise and solar knowledge. Visit for more information. Follow us on Twitter @SolarMax_Tech or on Facebook at Or check out our blog at

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