Wednesday, October 20, 2010
Published by the San Luis Obispo Chamber of Commerce
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Wall Street Journal ranks Poly grads  among the 'most hirable'

A recent Wall Street Journal report on "Paths to Professions" ranked Cal Poly business graduates on par with Stanford, Harvard, Penn State and Berkeley, and ranked Poly’s engineering graduates on top of UCLA, Rensselaer and Carnegie Mellon graduates. In the report's "Rankings by Major" breakout, Cal Poly was named No. 22 of the "Top 25" private and public universities for producing business/
economics graduates in the nation. Cal Poly was named No. 18 of the "Top 25" best engineering graduate producers in the nation. These were rankings of all universities in the nation, not just public ones.

Five Year Forecast: SLO faces growing budget gap

Things got heated at last night’s San Luis Obispo City Council meeting when staff provided a five-year fiscal forecast for the city’s general fund. As part of the presentation, they presented interesting data on the city’s total revenues and expenditures over a 15-year period, which showed that general fund expenditures —used to provide basic city services and capital projects — grew steadily from nearly $20 million in 1996 to over $46 million in 2010. While revenues and expenditures were tracked closely in the earlier years, a more significant budget gap has developed over the last four years, with expenditures exceeding revenues in 2010 by almost $4 million — and the gap appears to be getting wider. City Manager Katie Lichtig’s Financial Stability Task Force has been meeting twice monthly since summer  to come up with ideas to fix this structural problem.

Not just the 'happiest': Smart Money ranks SLO in Top 10 places to retire

An eagerly awaited book "Thrive, Finding Happiness the Blue Zone Way" was just released and devoted a whole chapter to SLO as one of the happiest places in the world — and the happiest in the U.S. — based on a 2008 Gallop poll. And today "Smart Money Magazine" ranked SLO in the Top 10 places nationally to retire. It lauded SLO as a less expensive alternative to Santa Barbara for our weather and lifestyle. After noting SLO’s ban on drive-through eateries, they said “And while that might not sit well with everyone, the town is also located in the one of the fastest-growing wine regions in the country, which can help take the edge off.” Read the article.

Entrepreneurial vision comes alive at Cal Poly

The Chamber’s vision of San Luis Obispo as a nurturing environment for entrepreneurs is coming alive at Cal Poly. The opening ceremonies for the Cal Poly Tech Park will take place at 9 a.m. on Oct 26. Phase I of the Technology Park project encompasses a 25,000-square-foot building that was completed this summer. The first lease was signed in February with Applied Technologies Associates Inc. (ATA) for 3,000 square feet of space. ATA designs, builds and manufactures technology products for the oil industry. Currently 9,000 square feet of space is leased, with 11,000 square feet of space still available. Tomorrow at 5 p.m. the brand new Cal Poly Center for Innovation and Entrepreneurship opens with a public event, The Cal Poly Entrepreneurship Forum - A Forum on Building Entrepreneurial Success at Cal Poly and on the Central Coast. The new center seeks to transform motivated students into resourceful, entrepreneurial and innovative leaders through classroom and hands-on experiences.

New Frontiers to close Foothill store when new store opens

Insiders report that the New Frontiers Natural Food store on Foothill Boulevard will close at the end of business on Nov. 6. There had been some question among New Frontiers customers as to whether that location, open since 1997, would remain open after New Frontiers’ new and much larger store opens in Irish Hills Plaza. The new store will open on Nov. 10.


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