Job Creator Bill Supporting Innovation, Entrepreneurship Signed By Governor

On Friday, Governor Edmund G. Brown signed a job creator bill that will direct funding for the University of California (UC) system to support activities to expand or accelerate economic development that benefits entrepreneurs.

AB 2664 (Irwin; D-Thousand Oaks) provides resources for California innovators, entrepreneurs, startups, investors, and industry and community partners by providing the UC with funds to expand its capacity and increase access to its innovation and entrepreneurship centers, which provide incubator space, legal services, entrepreneur training and more for researchers and other individuals looking to develop innovative solutions.

The UC’s innovation and entrepreneurship centers have a proven track record for helping to turn ideas into companies that provide jobs for Californians and help drive the state’s economy. AB 2664 would help the centers expand to keep up with the growing need for workspace and training for start-ups, and help attract private sector investors.

In exchange, the state will benefit from increased economic activity and job growth, as well as from the innovative solutions new companies are able to bring to market due to the help they receive from the UC system.

To view the full job creator list, visit www.CalChamber.com/JobCreators.

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