At the first day of County budget hearings, Supervisor Adam Hill successfully pushed for an annual $200,000 to the HotHouse, a small business incubator founded by Cal Poly to support students and community members alike as they create new innovations and start new business ventures.
“This is a critical engine of economic prosperity,” Hill said. “To keep our community prosperous and dynamic we need young companies doing innovative work. The HotHouse is something we can all be so proud of and support.”
Judy Mahan, Director of the HotHouse, called this “an absolutely crucial partnership, especially as we move into our new space.”
The final approval of the funding will occur when the Board of Supervisors takes final action on the ’15-16 budget next Tuesday.
KSBY’s feature on SLO HotHouse. Supervisor Hill is interviewed, and it features some of the current and past projects that this community-based start-up incubator program has helped create. Watch the news segment.