Nick Tippmann
For years, Silicon Valley has been the first thought when someone says Startups and Incubators, however Los Angeles is trying to change that. In this Start-Up Spotlight, we’ll be featuring three LA Based Startup Incubators trying to change that. While Los Angeles may be famous for Hollywood, Crips and Scientology, companies such as MySpace, Helio, and Picasa have all started here as well.
Start Engine:
Start Engine is a rapid accelerator focused on helping Los Angeles based technology startups build a solid foundation for success in 90 days. Created by Howard Marks, co-founder of Activision, and Paul Kessler, one of the most prolific investors in Los Angeles, Start Engine will provide local startups with the essential resources and counsel they need to become successful, self-directed businesses. Start Engine offers a team of mentors who have proven themselves as successful entrepreneurs – not professional investors – ensuring that its startups are guided by the right people for the right reasons. Early-stage companies in the web, mobile and ecommerce space are encouraged to apply for the program which completes four cycles per year, culminating in Demo Days that are attended by the region’s top angel investors and VCs.
Website:
Location:
10960 Wilshire Blvd, Suite 1050
Los Angeles, CA 90024
Who’s come out of here:
Unknown
How long is the program:
The 90 Day Program will introduce you to multiple angels and investors, and closes with three Demo Days to show off your startup.
What you get if you graduate/finish:
We invest a total of $20,000. You can use this money to execute your business plan, pay your expenses, or do whatever else you think it is important for your success. This isn’t a loan, and we don’t take any control position or board seat. In return, we receive an equity stake of 10%, plus some warrants that only have value if you raise additional money.
IdeaLab
Idealab continues to explore a range of technology frontiers. New models for improving the search experience are at the core of several companies currently growing inside of Idealab. Moving beyond the Internet, we have spawned companies with breakthrough technologies in robotics, renewable energy and automotive design and production among others. Idealab also continues to partner with leading venture capital firms and other strategic investors to provide the resources to maximize the potential of these companies.
Website:
Location:
130 W. Union Street
Pasadena, CA 91103
626-585-6900
626-535-2701
Who’s come out of here:
How long is the program:
Unknown
What you get if you graduate/finish:
Unknown
Science
Science creates, scales and acquires successful digital businesses by bringing together the best ideas, talent, resources and financing through a centralized platform. We focus on three things: developing new businesses, providing emerging startups with operational strategy and capital, and transforming later-stage Internet ventures with new talent and innovations.
Website:
Location:
1410 2nd Street
2nd Floor
Who’s came out of there:
Unknown
How long is the program:
Unknown
What you get if you graduate/finish:
Unknown
Photo: Tony Payne
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