Business incubators are a growing trend on the Central Coast, and one of the more successful examples is San Luis Obispo’s Hot House. KCBX News Director Randol White speaks with the woman who helps make it all work.
The Colleges and Universities that dot the Central Coast do far more than create an educated populace, they also account for a major portion of the area’s economy.
A recent study took a look at one university in particular—Cal Poly in San Luis Obispo—and found when you tabulate all of the various economic interactions that institution, its students, faculty and staff have with the surrounding area, the sum of those accounts for 12 percent of the entire county’s economic output.
The upcoming 4th Annual TechPitch event is put on by the SLO HotHouse in partnership with Cal Poly and the greater San Luis Obispo community.
Mike Manchak, President and CEO for the Economic Vitality Corporation and Chelsea Brown, Media Coordinator with the Cal Poly Center for Innovation and Entrepreneurship, discuss the details with KCBX News Director Randol White.
A first-of-its-kind study by San Luis Obispo County's Economic Vitality Corporation (EVC) shows the area's workforce housing supply is a major factor for both employers and employees throughout the county. According to the report, nearly 9 out of 10 employees say they have a hard time finding safe and affordable housing near their place of employment.
San Luis Obispo-based Mindbody is rolling out a "wellness exchange" for employers.
The SLO HotHouse tops our conversation this week with Mike Manchak, President and CEO for the Economic Vitality Corporation (EVC), regarding the latest business news and trends along the Central Coast.
Cal Poly's successful program in downtown San Luis Obispo is funded by Cal Poly and the business community. It's hosting a summer accelerator program for student startups. The venture has successfully incubated companies that have since been acquired by large corporations.
Pacific Business Times reporter Stephen Nellis has an upcoming piece on this program.
The economic outlook for Santa Barbara County shows continued growth in the coming year according to the latest University of California Santa Barbara Economic Forecast Project report.
Each spring the project releases a series of reports on the area. Thursday's forecast focused on the South Coast region, including Santa Barbara, Capinteria, and Goleta.
Dr. Peter Rupert, Chair of the Department of Economics at UCSB, says personal income and Gross Domestic Produce (GDP) growth remained flat for several years, but in the past year has started to take off.