University of California Publishes Annual Report: UCLA #1 in Startups Launched

In FY 2013, University of California (UC) researchers submitted 1,727 new inventions – an average of nearly 5 a day, 365 days a year – bringing UC’s total portfolio to more than 11,500 inventions; entered into 427 new IP licensing agreements providing industry access to UC inventions; and launched 71 new startup companies.

UCLA ranked highest among the UC campuses in number of startups launched, and other technology transfer metrics featured in the FY 13 report.

VIEW FULL REPORT [PDF]

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8 LA Co-working Spaces You Need to Check Out

Knowing where the best co-working spaces are is key to anyone looking for information, resources and colleagues to grow their business.

From BuiltinLA:

“The core of any entrepreneurial tech ecosystem is filled with co-working spaces. This is where tech events are hosted, where entrepreneurs meet and where young companies spend their early days grinding away. These spaces represent the communal life of startup culture. Knowing where the best coworking spaces are is key to anyone looking for information, resources and colleagues to grow their business. Here are some of Los Angeles’ must know co-working spaces…”

READ FULL ARTICLE [web]

UCLA School of Law Establishes Student Entrepreneurship Competition

The competition, which includes a $100,000 prize, is the first of its kind sponsored by a top American law school.

From UCLA:

UCLA School of Law has established the Lowell Milken Institute-Sandler Prize for New Entrepreneurs (“LMI-Sandler Prize”), an entrepreneurship competition designed to recognize student innovation and leadership and support the real-world launch of promising new business ventures. The competition, which includes a $100,000 prize, is the first of its kind sponsored by a top American law school. It was established through gifts totaling more than $500,000 from the Lowell Milken Family Foundation and the Richard and Ellen Sandler Family Foundation.

“The LMI-Sandler Prize is a completely new way to reward law student achievement and promote the entrepreneurial ambitions of UCLA Law students and recent graduates,” UCLA School of Law Dean Rachel F. Moran said. “The competition will provide students with an opportunity to put the principles of entrepreneurship into practice and to use their law school education as a path to careers marked by fresh perspectives and bold initiatives…”

READ FULL PRESS RELEASE [web]

Mayor Garcetti Launches Entrepreneur-in-Residence Program

Entrepreneurs hold the key to sustained economic growth that makes an ecosystem vibrant and exciting.

From LA Daily News:

“Seeking to tap into private industry, Mayor Eric Garcetti Friday announced the creation of an “Entrepreneur in Residence” program to develop ideas on ways to create new businesses in the city, all funded by a private accounting firm.

“We want L.A. to be the leading destination for people starting new businesses, and there are no better guides for our efforts than successful entrepreneurs themselves,” Garcetti said of the program, sponsored by Ernst & Young…”

READ FULL ARTICLE [web]
LA Mayor’s Press Release [web]

TechLA: A startup internship program aimed at the exodus of LA’s engineering graduates

The program will invite math and engineering students at UCLA, USC, The Art Center College of Design, and CalTech to connect with several hundred participating startups

From PandoDaily:

“One of the greatest shortcomings of the Los Angeles tech ecosystem in recent years has been the inability to retain the engineering talent that graduates from its local universities. Believe it or not, it’s LA, not Boston or the Bay Area, that graduates the most engineers in the US each year – 2,900 in total. But, as much as 70 percent of the time, according to some estimates, these talented young individuals leave the area to find work elsewhere.

TechLA, a consortium formed among Internships.com, several local VC firms, incubators, and accelerators, and the leading local universities, aims to change this trend. The program will invite math and engineering students at UCLA, USC, The Art Center College of Design, and CalTech to connect with several hundred participating startups for internships, as well as to participate in general networking and community events…”

READ FULL ARTICLE [web]
TechLA Internships Project [web]

UCLA Launches Entrepreneur-in-Residence Program

The EIR program emerged out of the voiced need for more interaction between entrepreneurs with commercial experience and faculty and graduate students with research experience.

From UCLA Today:

“When it comes to launching startup companies to help campus researchers bring their inventions to the marketplace, UCLA is one of the nation’s leading schools, with more than 100 startups currently open for business and roughly 20 new ones being established every year. Yet for university-based inventors, stepping from the world of academia into the realm of entrepreneurial ventures can feel like wading into unfamiliar waters.

A new entrepreneur-in-residence program (EIR) launched this month by the Office of Intellectual Property and Industry Sponsored Research (OIP-ISR) comes to the aid of campus inventors by bringing in experienced entrepreneurs to provide guidance and advice…”

READ FULL ARTICLE [web]
UCLA EIR Program [web]

ROC Launches into Santa Monica’s Shared Workspace Scene

Currently housing 60 to 70 companies, ROC founder Ron McElroy anticipates capacity will double after the second and third floors are completed.

From Examiner:

“In a city that’s increasingly being called Silicon Beach, business and tech news travels fast. So when a new tenant moved into the building on 6th and Arizona that had long hosted Google’s Santa Monica branch, word spread.

What’s even more newsworthy is what that new tenant is up to. The 44,260-square-foot, three-story Santa Monica office is the newest location among ROC’s expanding shared workspaces – six total. Also called co-working spaces, the concept is growing in popularity as start-up and growing businesses seek collaborative environments and more flexible office lease terms…”

READ FULL ARTICLE [web]
ROC [web]