(a) The Accelerate California: Inclusive Innovation Hub Program is hereby created within the office, within the California Office of the Small Business Advocate.

(b) The office shall designate Accelerate California: Inclusive Innovation Hub within the state to accelerate the startup and growth of technology and science-based firms in key industry areas with a focus on diverse founders, including women and people of color, and on underserved geographies and regions. Accelerate California shall 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.

(c) The office shall oversee, coordinate, and provide assistance to each Accelerate California: Inclusive Innovation Hub.

(Amended by Stats. 2022, Ch. 68, Sec. 6. (SB 193) Effective June 30, 2022.)