Our Mission:
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Expand the pool of founders
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Create Innovation clusters in inland and northern regions
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Foster the innovation mindset in a wide range of industries from healthcare to ranching to agtech and more
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 FY 2023/24
Activity Metrics – Program Year 1
| Number of entrepreneurs / businesses supported | 11,019 |
| Number of counseling hours | 25,296 |
| Number of entrepreneurial training programs, workshops, webinars, pitch events, demo days | 1,997 |
| Number of total training attendees | 24,865 |
| Number of new business starts | 371 |
| Number of patent applications completed | 301 |
| Number of issued patents to Hub companies | 229 |
| Number of successful licensing agreements | 38 |
| Number of jobs created (full or part-time) | 2,202 |
| Number of successful acquisitions (mergers and acquisitions) | 16 |
Economic Impact – Program Year 1
| Number of non-dilutive capital events | 97 |
| Dollar amount of non-dilutive capital | $200,463,974 |
| Number of SBIR/STTR grant applications submitted | 145 |
| Dollar amount of SBIR/STTR grant/contract awards | $186,660,150 |
| >Number of equity investments | 282 |
| Dollar amount of equity investments | $239,014,380 |
| Number of loans | 172 |
| Dollar amount of loans | $90,157,355 |
| Number of Total Government Procurement Contracts Awarded | 83 |
| Number of total Non-Governmental Procurement Contracts Awarded | 14 |
| Total Number of Contracting Dollars Received | $69,280,842 |
| Year over Year Increase in Sales (Annual Fiscal Year Revenue Data) | $45,596,035 |
What Services Do Accelerate CA Hub Designees Provide?
Accelerate CA Hub designees offer diverse entrepreneurs the opportunity to develop and grow their innovative ideas by bridging the connection to local networks and communities and increasing access to critical advising and training services. Some of the services available through Accelerate CA Hub designees may include:
Specific services and focused industries vary by Accelerate CA Hub. To learn more about specific services available, please visit or contact your local Accelerate CA Hub designee.
California Office of the Small Business Advocate
1325 J Street, Suite 1800
Sacramento, CA 95814
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