CA AB1675

Establishes the state entrepreneur-in-residence program within the Governor's Office of Business and Economic Development to utilize private-sector entrepreneurs' expertise in streamlining state government activities for small businesses.

Director may appoint up to 10 entrepreneurs-in-residence per calendar year to state agencies on a voluntary basis, with appointments limited to no more than two per agency per year and a maximum service term of two years.

Appointees must have demonstrated success with California small businesses or have successfully developed and brought a product to market, and must not have conflicts of interest with their assigned agency.

Entrepreneurs-in-residence must dedicate at least 16 hours per week to duties including providing recommendations on streamlining agency processes, improving efficiency for small businesses, and facilitating outreach and education.

Director must establish procedures and memoranda of understanding by March 1, 2015, and submit annual reports to the Governor and Assembly Committee on Jobs, Economic Development, and the Economy until January 1, 2019.