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San Luis Obispo County includes funding for business incubator in budget

San Luis Obispo Hothouse

Funding for a San Luis Obispo business incubator will now be included in the County's annual budget.

The board of supervisors unanimously approved an annual $200,000 in funds for the San Luis Obispo HotHouse this week.

Supervisor Adam Hill said he worked to create a partnership with the Hothouse and pushed to add funding for the incubator to the annual budget.

The HotHouse is a collaboration between Cal Poly and the community to help students and community members create businesses.

The $200,000 added to economic development section of the budget will make the county the Hothouse's largest partner.

Hill said the HotHouse is an important tool for the community because of its success helping launch homegrown companies.

"The HotHouse is just a premiere engine of innovation and entrepreneurship and it's the kind of thing a healthy and economically vibrant community has," Hill said.

The funding's final approval will occur next Tuesday at the Board of Supervisors meeting.