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Benefits for the Community and University
The Cal Poly Technology Park will provide numerous benefits for the surrounding community, and the university itself.
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- Attraction of clean (non-polluting) technology industries to San Luis Obispo County and the Central Coast
- Planned, rational economic development in partnership with government and local development organizations
- Increased employment opportunities with higher-paying, more intellectually stimulating jobs
- Increased revenues for local businesses, particularly in areas such as retail, real estate, entertainment and hospitality
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For Cal Poly
- Expanded opportunities for faculty development
- Improved faculty retention and recruiting, particularly in fields with high private-sector demand.
- Real-world educational opportunities for Cal Poly students, building on Cal Polys learn by doing focus
- New funding from grants and contracts
- Transfer of knowledge and expertise to the University
- Commercialization of University intellectual property
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