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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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"Cal Poly's Technology Park will provide a vehicle for businesses, the community and Cal Poly to work together to create win-win scenarios for all participants. The Park will be a magnet for attracting clean, innovative, high-tech companies that can provide high-paying jobs for the Central Coast."
— Ray Johnson, President and CEO, Economic Vitality Corporation of San Luis Obispo County
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- 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 Poly’s “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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