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In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. However, with the proliferation of incubators, the difficulty in figuring out. Part I: The Accelerator Programs. What is an accelerator program?
A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage ([link] backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talent Agency. What''s the mission behind the new startup incubator? How did the incubator come about?
One Los Angeles group, MentorNight , believes it now has the largest mentor network outside of the local accelerators and incubators, and now has over 100 mentors looking to help up and coming entrepreneurs. According to Diep, the group is now holding one event a month to connect mentors and mentees. READ MORE>>.
Startup entrepreneurs in San Diego have yet more resources at the EvoNexus startup incubator, after EvoNexus and Cisco said that they will be launching a new, joint incubation program called CiscoEIR@EvoNexus. The two said that Cisco will help provide financial support, use of co-working space, access to mentors, and more.
A new, technology startup accelerator modeled after the TechStars venture incubator in Boulder said today it has launched, and will bring business acceleration to Los Angeles.
The good news for entrepreneurs is that there have never been more office space options for early stage companies. Significant confusion exists when distinguishing between Accelerators and Incubators. A version of this article previously appeared in The Wall Street Journal. Having people being captive within some investor’s…sphere.
In the past year, the number of startup accelerators and incubators across the US has grown faster than expansion league baseball. ” I recently discussed the explosion of seed accelerators and incubators with Brad Feld, who, as the Co-Founder of acclaimed startup accelerator TechStars , is uniquely qualified to opine upon the subject.
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. According to the National Business Incubator Association (NBIA) , there are currently over 1,200 members in 30 nations.
The Los Angeles Cleantech Incubator (LACI) has just received $5M to fund a new initiative, called Energize California , to help boost clean technology startups. READ MORE>>.
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. According to the National Business Incubator Association (NBIA), there are currently over 1,900 members in over 60 nations.
Los Angeles-based Launchpad LA , the startup mentoring effort spearheaded by GRP Partners' Mark Suster, is announcing this afternoon that it has selected 10 startups for the second season of the program. Tags: incubationmentoring startup launchpadla. READ MORE>>.
The Founder Institute , the business incubation and mentoring program started by TheFunded's Adeo Ressi , is expanding into the Los Angeles area, and is accepting applications for entrepreneurs for a Spring session, the group said late last week. Tags: founder institute angeles incubation startup.
We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. One senior mentor to Launchpad LA recently said, “I got more out of Launchpad LA than I even put in. For the past 2.5
By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. There is a growing fellowship of special-case start-up programs operated by closely-knit, permanent groups of angel-mentors. Relationships , I said back then.
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. According to the National Business Incubator Association (NBIA) , there are currently over 1250 incubators today in the US alone.
A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus. Kevin Hell: What makes EvoNexus unique, is that it is--as far as we know--the only completely free, no-strings-attached incubator in the nation. Once they pass that, they get into the incubator.
There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. But, how successful have they been? Science Inc.
Those programs--epitomized by YCombinator in the Bay Area, and TechStars in Boulder, Colorado--attract newly minted entrepreneurs with a mixture of cash and mentoring, and a program which rapidly takes ideas and turns them into viable, executing businesses. Those mentors are not just Bruce and I, although we are full time on this.
Launchpad LA , the business incubation and mentoring effort started by GRP's Mark Suster , said today that it has opened up applications for its second class of companies. The effort's mentors include Mike Jones, Keith Richman, and Adam Bain. Tags: mentoringincubation startup launchpad launchpadla.
A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Take advantage of free startup programs and mentors. School mentors, professors, and peers will give you the critical feedback without passing judgment.
A local entrepreneur, Mike Khristo, is launching a new, Y-Combinator style incubation and acceleration effort, LaunchSpark , after becoming frustrated by the lack of a similar incubation effort in SoCal. Y Combinator provides incubation, mentoring, and funding to companies in Silicon Valley. READ MORE>>.
Tuesday, January 15, 2013 -- StartEngine Mentor Mixer and Downtown Grand Opening with Deputy Mayor Matt Karatz - 1/15/2013. A night to mix and mingle with mentors, founders, the Downtown L.A. business community, and for our entrepreneurs to practice their pitch before demo day.
Saturday, February 11, 2012 -- Creating Successful Companies Through Incubation. Business incubators and accelerators provide essential resources and counsel that entrepreneurs need to become successful, self-sufficient businesses. See [link] (more)
Thiel and friends will also agree to mentor these young entrepreneurs. Actually, they’ll get even more attention because this selection will put them in an even more exclusive peer group and will introduce them to even more connected mentors. Suddenly everybody wants to be an incubator. So is this a good idea?
Business incubators for sharing services were all the rage back in the days of the dot-com bubble (700 for profit, many more non-profit). Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle.
These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Connections to a mentor. They also provide incubator services and space for early startups. Early-stage funding.
One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Mentoring and technical assistance from volunteer or paid experts.
Business incubators for sharing services were all the rage back in the days of the dot-com bubble (700 for profit, many more non-profit). The goal of most business incubators today is to strengthen the local economy, and commercialize new technologies. However, many research and technology parks also house incubation programs.
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. Tell us about the incubator--how long as it been around?
One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Mentoring and technical assistance from volunteer or paid experts. But don’t expect incubators to magically convert your pre-hatched idea into a successful company.
There is a large menu of startup accelerators in the Los Angeles, but one of more established efforts in the area is LaunchpadLA ([link] The effort actually started as an informal mentoring program, but has grown and expanded to follow the accelerator model. It was really just something built for the community to help support entrepreneurs.
It was standing room only at StartEngine 's Demo Day Wednesday afternoon, held at Santa Monica's Cross Campus , as the startup accelerator launched eight of its latest startups into the world, after a 90 day process of mentoring, honing their business model, and heads down development. Standing room only crowd at StartEngine). It's unclear.
Every entrepreneur at some point has probably felt like this and asked themselves the question: “now what?” Well, perhaps it’s time to consider an incubator/accelerator program: Programs like Silicon Valleys’ Y Combinator which essentially put entrepreneurs through a 3+ month startup boot camp.
Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad focuses on developing new consumer tech businesses focused on M13’s main investment areas: health, food, transportation, and housing. Anna Barber, partner, M13. Image Credit: Raif Strathmann.
One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Mentoring and technical assistance from volunteer or paid experts. Assuming 60 companies are accepted in a specific batch, that would mean around 2000 companies applied.
The road to becoming an entrepreneur is a journey , and it’s not a short trip. Every entrepreneur starts by accepting the reality that you have a rare mindset of joy of discovery, with an intense curiosity about how certain things or people work, or why a new technology hasn’t yet been accepted.
Anyone who works with entrepreneurs will tell you that all are different. I’ve always wondered if there was some way that I could quickly deduce a new entrepreneur’s “sweet spot,” and optimize my mentoring to those strengths and weaknesses, maybe similar to the Myers-Briggs type indicator for business professionals. Specialist.
One of the biggest complaints you hear from both entrepreneurs and investors in Los Angeles, is the lack of a credible, visible startup accelerator in the Los Angeles area. Erik Rannala: MuckerLab is a new startup accelerator, focused on incubation stage Internet, software, services, and media businesses here in LA.
Are you an entrepreneur hoping to startup a company in the Los Angeles area? Southern California apparently has no shortage of investors, entrepreneurs, and others eager to help budding entrepreneurs. Howard Marks: We're a startup accelerator, which will help entrepreneurs become successful in 90 days. Howard Marks: Yes.
With the cost of entry at an all-time low, and the odds of success equally low, more and more entrepreneurs are starting multiple companies concurrently. Other prolific entrepreneurs, like Richard Branson and Elon Musk , simply have several startups on the table at any given moment. Advisors and mentors are busy people.
Business incubators for sharing services were all the rage back in the days of the dot-com bubble (700 for profit, many more non-profit). Incubators I hear mentioned most often include YCombinator , led by Paul Graham in Silicon Valley, and TechStars , located in Boston, Boulder, New York City, and Seattle.
Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. are not for crowdfunding, but actually are matchmaking sites between entrepreneurs and professional investors or banks, or incubators.
He has a really interesting background as a product manager and now an entrepreneur. On the one hand, an entrepreneur should not be overly paranoid and should know the ropes that VCs and other professional investors generally will not sign NDAs to see the concept or a prototype--and even if they did, it would not provide much protection.
Apart from funding, Cornerstone will give startups a dedicated creative work at its Santa Monica HQ’s space, allow them to have direct access to its resident entreprenuer mentors or simply allow them to build their apps on the Cornerstone API. Applications to the fund are now open and available online here. .
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