SANTA BARBARA, Calif. (KEYT) The networking reception and the South Coast Business & Technology Awards at the Hilton Santa Barbara Beachfront Resort isn't just about the award winners.
It is about students and graduates.
Entrepreneur of the Year William Wang is a the founder and CEO of ChipAgents, an AI-native platform redefining the way semiconductors are designed.
"It is really important to position Santa Barbara as an innovation hub we have more exciting technologies to innovate for young people," said Wang.
Wang said a lot of their hires are people born and raised in Santa Barbara who went to school at UCSB.
"I have been a UCSB professor in the last 10 years before I started the company and to see education and entrepreneurship altogether that is just so important to our ecosystem," said Wang.
Proceeds from the awards dinner benefit the Scholarship Foundation of Santa Barbara.
Since it began 25 years ago the event has helped fund $3.5 million in scholarships for 1300 students.
Cal Poly graduate and award-winning architect Erik Holiday was a former student speaker.
Holiday recently returned to the area to join his father's firm.
He said the foundation helped his parents put their sons through college.
The South Coast Business & Technology Awards named Mission Wealth Company of The Year.
"We have internships we love having young people come in and take their contagious energy to create opportunities for them with career advancement," said Mission Wealth co-founder Seth Streeter.
The company has expanded this year,
"At Mission Wealth we are so happy to serve over 5200 families across the U.S., we manage $17 billion assets and have over 225 incredible team members and we have just really taken off and we are just so excited to have the incredible talent here in Santa Barbara as the hub, Brad Stark and I founded the firm here in Santa Barbara and it will always be a big part of our culture and out DNA," Streeter.
Other honorees include the UCSB Department of Technology Management, Shane Trigg, Trudi Carey, and Dimer Instruments and Unwrap (Rising Stars).
For more information visit sbscholarship.org
Your News Channel will have more on the awards tonight on the news.
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