CA AB2619

Creates the Start-Up California Impact Investment Fund program at the California Infrastructure and Economic Development Bank to provide startup equity funds to startup firms and small businesses.

Establishes a startup equity fund account within the Infrastructure and Economic Development Bank Fund, funded upon legislative appropriation, to make equity investments in qualifying startups and small businesses.

Requires the bank to adopt investment criteria, priorities, and guidelines that encourage emerging money managers, support lower-income communities, promote California manufacturing, and require annual reporting of social and environmental impacts.

Authorizes the bank to contract with professional equity fund managers experienced in emerging domestic market and impact investments to implement the program.

Defines "startup equity funds" as money invested in startup firms and small businesses in exchange for an equity stake represented by shares of common or preferred stock.