Innovation and Entrepreneurship Expansion
Signed into law in 2016 by Gov. Jerry Brown, AB 2664 provided $22 million in one-time funds to be evenly distributed among the 10 UC campuses to expand or accelerate economic development in the state in ways that are aligned with other efforts to support innovation and entrepreneurship.
California Assemblymember Jacqui Irwin toured UCSB’s new facilities funded by AB 2664 on March 16, 2018. During her tour, she was given a firsthand look at the infrastructure improvements funded by AB 2664 funds and their impact on entrepreneurial efforts and initiatives enabling startup companies. While on campus, Irwin viewed CNSI’s expanded Technology Incubator and new Innovation Workshop, also known as Makerspace. Both projects, funded by AB 2664, will make it possible for emerging startups to further develop their technology and meet the demands for swift innovation that is a hallmark of tech entrepreneurialism. As the only wet-lab incubator on the Central Coast, the CNSI Technology Incubator’s expanded square footage and new equipment will give convenient access to state-of-the-art facilities required by startups that have a chemical or biochemical component, such as those in the biotech fields. The Makerspace will provide the bench space for rapid prototyping, electronics assembly and testing and 3D printing.