New Central Coast Economic Development Entity Unveiled

November 26, 2018 by KEYT-TV

Power brokers and decision makers from northern Santa Barbara County and all of San Luis Obispo County gathered in Shell Beach Monday afternoon to hear more about a new, regional economic alliance called the Hourglass Project.

The goal of the Hourglass Project is to create an economic region stretching from northern Santa Barbara County into San Luis Obispo County that will attract companies and entrepreneurs providing good paying jobs.

"The number one question or concern I hear is, is there a talent base here? Of course we're a strong piece of evidence that there certainly is", said keynote speaker Rick Stollmeyer who is the founder and CEO of Mindbody, a global company based in San Luis Obispo that employs more than one thousand people.

Stollmeyer is one of several local leaders from the private and public sectors that are behind the new Hourglass Project.

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