Lost Coast Ventures

The potential North Coast impact from Humboldt State University’s transition to Cal Poly Humboldt can’t be understated. From education and culture expansion to jobs and resulting economic growth, the potential benefits promise to be profound. We believe Lost Coast Ventures plays an important role in this transition. We see this impact in three distinct areas: economic & job growth, innovation & education, and development of a broadly enhanced business climate.

LCV provides mentoring and initial funding to ventures that have the ability to scale while being committed to remain on the North Coast. Through activities with its funded companies, LCV expects to add 250 high-quality, new jobs on the North Coast by 2027.

In addition to the trans-pacific dataline project and the planned offshore wind farms, the Cal Poly Humboldt transition requires innovation and new initiatives from the North Coast community. Assisted by its extensive network of contacts with both local community members and leaders as well as its base of broader industry contacts, LCV expects to complete +75 mentoring engagements and fund at least five promising businesses during its first five years of operation.

Description LCV’s role in incubating early stage concepts buried deep within either Cal Poly Humboldt or CR is unique. By seeking and incubating these business concepts and readying them for commercial launch, LCV expects to bring new promising businesses to market that may not have otherwise been started. Once up and running, their continued development into scalable local businesses will leverage existing community support mechanisms like the SBDC and new secondary funding sources to help scale the most promising enterprises.