CA: Accelerate California
Track This Opportunity
Create an account to track opportunities.
About This Opportunity
Accelerate California | California Office of the Small Business Advocate (CalOSBA) Our Mission: Expand the pool of founders Create Innovation clusters in inland and northern regions Foster the innovation mindset in a wide range of industries from healthcare to ranching to agtech and more Download the List of 2025 Innovation Grant Recipients The tech sector supports 4.2 million jobs, or 20% of all jobs statewide California was ranked #1 for “Leadership” in the 2024 Digital States Survey, recognizing its digital government innovation California attracts over $150 billion in annual venture funding—more than most countries combined Diversify the Innovation Economy 1st State to directly invest in diverse owned innovation businesses. Up to $100k Innovation Grants for a business cultivated in one of the 13 Hubs $16.5 Million Total program investment across CA Accelerate CA Hubs available in every region What’s an Accelerate CA Hub? A small business incubator built on 5 pillars: Technical Assistance 1:1 Business advising, workshops, product development support, R&D collaboration, Regulatory guidance, IP assistance, etc. Capital Access Non-dilutive funding (SBIR/STTR/Grants), Debt Funding, Angel and Venture Capital. Physical Space Physical space within the region to spur collaboration and communication between entrepreneurs. Resource Network Regional resource providers that support innovators through the life cycle of their ventures. (Legal, accounting, financial, HR and other resource providers). Subject Matter Experts Local industry experts and access to university labs and research. Interactive Designee Service Map The following map illustrates the service coverage of the current Accelerate CA Hub designees. Through this tool you can select your county to isolate designees that provide services in your area, select an Accelerate CA Hub designee to view their service area region, and locate contact information to learn more about their Accelerate CA Hub programming. Accelerate California Outcomes Economic Impact of Accelerate California Program to Date Number of entrepreneurs / businesses supported 29,756 Number of counseling hours 61,625 Number of entrepreneurial training programs, workshops, webinars, pitch events, demo days 6,180 Number of total training attendees 49,349 Number of new business starts 1,847 Number of patent applications completed 256 Number of issued patents to Hub companies 128 Number of successful licensing agreements 62 Number of jobs created (full or part-time) 3,221 Number of successful acquisitions (mergers and acquisitions) 32 Number of non-dilutive capital events 3,000,513 Dollar amount of non-dilutive capital $200,463,974 Number of SBIR/STTR grant applications submitted 218 Dollar amount of SBIR/STTR grant/contract awards $219,331,526 Number of equity investments 1,026 Dollar amount of equity investments $379,811,273 Number of loans 340 Dollar amount of loans $157,076,588 Number of Total Gover