On Tuesday, State Senator Anthony J. Portantino announced $1 million in new funding that he secured from the 2023-24 state budget for the City of Glendale’s tech accelerators. The funds will strengthen the City of Glendale as a technology hub and boost economic development.

“It’s exciting to see the City of Glendale transform into a technology hub,” said Portantino. “With California playing a global leading role in technology and innovation, Glendale continues on the path to be the key Southern California regional tech hub. The city’s efforts are creating job opportunities and kick starting startups. I’m proud to be in a position to secure these funds to assist with these great initiatives.”

Portantino had previously garnered $1 million in state funding for two tech accelerators, HeroHouse Glendale Gateway and Children’s Hospital Los Angeles KidsX Digital Health.

“Thank you, Senator Portantino, for investing not just in Glendale as a technology hub, but in the economic and workforce potential of the entire San Gabriel and San Fernando Valley region,” said Glendale Mayor Dan Brotman. “We are excited for the opportunity to build on our already substantial achievements in supporting technology, innovation and entrepreneurship.”

The accelerator is a component of the Glendale Tech Strategy, which was unanimously adopted by the Glendale City Council in 2016. There are more than 1,000 firms in tech employing more than 40,000 people in the City of Glendale and these businesses yield $5.3 billion in sales.