The Specialized Foundation recently changed its name to Outride.
The organization, which stated in a press release that it will be growing beyond its founding sponsor Specialized Bicycle Components, will focus on three areas: research, riding for focus and the Outride Fund. The organization aims to drive efforts that research cycling’s effects on the brain while getting more children on bicycles.
The Outride Fund is a public fundraising platform dedicated to expanding community cycling programs and supporting new trail projects. The new donation matching program is estimated to total more than $1.2 million in matched grants within its first year.
“We are forever grateful for what we have built with Specialized, and we look forward to continue growing beyond where we are today,” said David Wood, Outride’s program director. “This move positions us to build new riders and bring in new partners.”
Specialized, which is headquartered in Morgan Hill, will remain a partner with Outride.
“Specialized is fully committed to helping Outride succeed and carry out our vision for the future of youth cycling,” said Mike Sinyard, founder of Specialized. “This is a beautiful and timely opportunity to let this non-profit soar to new heights as it grows beyond Specialized, beyond the cycling industry, and hopefully one day into the lives of youth around the world.”
For information, visit outridebike.org.
Economy speaker series continues
The Choose Morgan Hill Speaker Series is underway.
The Economic Development team is hosting the first-ever series, highlighting business sectors that drive Morgan Hill’s economy. Each event features local experts and industry leaders sharing their thoughts on success, challenges and opportunities facing their sectors.
On Sept. 25, 6:30-8pm at the Granada Theatre, 17440 Monterey Road, the focus of the talk will be on retail. Local brokers will discuss what is happening in Morgan Hill’s retail scene.
The series continues on Oct. 10, Oct. 28 and Nov. 7.
All sessions are free, but an RSVP is required. For information and to register, visit choosemorganhill.com/speakerseries.
Bike Therapy marks two years
Bike Therapy, 17540 Depot St., is celebrating its two-year anniversary with a sale throughout September and a raffle on Sept. 28.
The raffle event includes free beer at 3pm, followed by the drawing at 5pm.
Raffle tickets are $5 each. For information, visit ridemorganhill.com or call (669) 888-3882.
Send business news to Erik Chalhoub at ec*******@ne********.com.