Contact: Candice Conti
SAN LUIS OBISPO — Three new companies recently graduated from the SLO HotHouse Incubator, a Cal Poly Center for Innovation and Entrepreneurship (CIE) program devoted to taking businesses from startup to sustainable.
“CIE provides a structured, two-year program for startups to receive individual coaching from subject-matter expert mentors, including assistance with product development and business management,” said Judy Mahan, CIE incubator director. “CIE has worked closely with these startups to move them through the commercialization process and successfully launch.”
Entrepreneurship was once an opportunity accessible only to men. Save for a handful of audacious women who defied such strict gender codes, most females historically failed to break through the barriers of the male-dominated business space. But we live in the 21st century now, an era in which women are a powerful force in society, especially in our economy.
Today, it is not only common for women to be entrepreneurs, but it also means being part of an influential group. According to an American Express OPEN-commissioned report, more than 9.4 million women-owned businesses currently operate in the U.S. Combined, those firms account for nearly a third of all privately held companies, pull in annual revenues to the tune of $1.5 trillion and provide jobs to roughly eight million workers. What’s more, they’re among the fastest-growing enterprises in the nation — increasing at a rate 1.5 times the U.S. average and topping “the growth rates of all but the largest, publicly-traded firms” in the past 18 years.
WalletHub | by Richie Bernardo
FOR IMMEDIATE RELEASE
Contact: Candice Conti
SAN LUIS OBISPO —SESLOC Federal Credit Union has teamed up with future business leaders as the first corporate sponsor for Cal Poly’s Center for Innovation and Entrepreneurship (CIE). Cal Poly’s CIE is a Learn by Doing experience where students get the tools to develop the skills and cultivate the mindset of an entrepreneur. SESLOC joins the Corporate Founders Circle Sponsorship level with a $25,000 contribution to the center.
“SESLOC has been part of this community since 1942, committed to our educational roots, and this opportunity is in great synergy with our Cal Poly legacy,” said SESLOC President and CEO, Geri LaChance. “We are honored to partner with a program that fosters support for bright, energetic learners.”
Norcast Telecom Networks, a local phone and Internet service provider, is providing SLO HotHouse with a high-speed Internet connection at their new downtown location. The new location will be a hub for the Cal Poly Center for Innovation and Entrepreneurship’s, or CIE, students and recent graduates who want to launch their own startup businesses.
SLO HotHouse has moved into their new space, which is double the size of their old location on Morro Street. SLO HotHouse is a community space created from collaborative efforts between Cal Poly, the SLO Community, and the Cal Poly Center for Innovation and Entrepreneurship. They apply Cal Poly’s “learn by doing” philosophy into real-world business experience by providing the space, equipment, training and mentorship needed to help students launch their own ventures. At SLO HotHouse, local business owners and Cal Poly CIE staff help young entrepreneurs turn their ideas into realities.
Paso Robles Daily News | by News Staff
The Center for Innovation and Entrepreneurship (CIE) has received and accepted a record number of applications into the Hatchery program this academic year.
For the 2014-2015 school year, the CIE accepted 34 teams of students, or companies. This academic year they have already accept 37 companies, and expect to reach 45 to 50 companies by the end of January.
The Hatchery is an on-campus program that offers students resources to begin and launch their own businesses…
MUSTANG NEWS | by Lexi McCoy