California Chamber of Commerce-supported job creator bills helping entrepreneurs and small business passed the Legislature this week and are headed to Governor Edmund G. Brown Jr. • AB 2664 (Irwin; D-Thousand Oaks) provides resources for California innovators, entrepreneurs, startups, investors, and industry and community partners by providing the University of California (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. • SB 936 (Hertzberg; D-Van Nuys) encourages creation of small businesses by expanding their access to loans. AB 2664: Entrepreneurship The Assembly unanimously concurred in Senate amendments to AB 2664 on August 24, advancing the bill for consideration next by the Governor. AB 2664 will direct funding for the UC system to support activities to expand or accelerate economic development that benefits entrepreneurs. 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 startups, and [...]
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