SLO HotHouse taking applications for business program

For the first time, the Cal Poly Center for Innovation and Entrepreneurship is accepting applications from the general public to its SLO HotHouse Incubator program.

The Incubator program, which started in 2012 to help startup companies get off the ground and flourish, has previously only accepted applications from Cal Poly students and graduates.

Applications are due by Nov. 22. Applicants must submit a business plan and answer a series of questions that a committee will review. The committee will look for companies with potential for technology innovation, scalability and the room for growth.

Up to four community businesses will be accepted into the 24-month Incubator program, which begins Jan. 11. Participating businesses will receive office space, conference rooms and peer networking opportunities.

Companies in the SLO HotHouse Incubator also have access to: mentors, monthly peer-to-peer roundtable discussions, an advisory board for each startup, networking and exclusive access to entrepreneurial events in the commmunity.

“This program provides emerging enterprises with a strategic path; a wide array of vital business development services and resources; and ongoing guidance, motivation and support to help new ventures succeed,” CIE Executive Director Tod Nelson said.

New companies pay a membership fee of $300 per month for open workspace and $600 per month for enclosed office space. For information and application guidelines, go to http://www.slohothouse.com/.