San Diego entrepreneurs discuss challenges and successes in small business innovation

In a recent meeting of the California State Assembly's Committee on Economic Development, Growth, and Household Impact, small business leaders shared their experiences and insights on navigating economic challenges and fostering innovation in the state. The session highlighted the critical role of small businesses in California's economy and the support systems available to entrepreneurs.

The panel featured prominent figures such as Dr. Debbie Chen, founder and CEO of HydroStasis, and Sven Davison, co-founder of Amai Inc. Dr. Chen discussed her journey in developing hydration monitoring wearables, emphasizing the alarming statistics surrounding dehydration among U.S. adults and seniors. She noted that her company has received significant support from local networks, including the Small Business Development Center (SBDC) and various angel investors, which have been instrumental in her success. Dr. Chen also pointed out the challenges faced by women entrepreneurs, particularly in securing venture capital, and urged continued investment in women-led businesses.

Sven Davison shared the story of Amai Inc., which produces edible cups made from upcycled materials. He detailed the company's innovative approach to reducing food waste and environmental impact. However, Davison also highlighted the difficulties posed by tariffs on manufacturing equipment, which have forced the company to pivot its business model. He praised the support from local organizations like Innovate 78 and the SBDC, which have provided essential resources and connections to help navigate these challenges.

The discussions underscored the importance of community support for small businesses, particularly in a state where they are seen as vital to economic resilience. The committee members acknowledged the contributions of small businesses to California's economy and expressed their commitment to fostering an environment that supports innovation and growth.

As the meeting concluded, the panelists' stories served as a reminder of the entrepreneurial spirit that drives California's economy. The committee's ongoing efforts to support small businesses will be crucial in addressing the challenges they face and ensuring their continued success in the future.