Rady School Receives Grant from NCIIA for StartR Accelerator Program
StartR Demo Day Scheduled for October 15, 2014
The Rady School of Management at UC San Diego has received a Course and Program grant from the National Collegiate Inventors and Innovators Alliance (NCIIA) to assist with funding the school's StartR Accelerator program. The StartR Accelerator is a non-profit business accelerator designed to propel the success of companies founded by Rady School students and alumni. StartR is a free, six month-long program that provides startup teams with mentoring, workshops, seminars, work space, consultation with Rady School faculty and industry experts, connections to funding sources and a conduit to the larger San Diego business community.
"This generous grant from the NCIIA will help us continue the StartR Accelerator program and provide more startup teams with the funding, guidance and expertise they need to grow," said Lada Rasochova, executive director for the California Institute for Innovation and Development and the StartR Accelerator at the Rady School.
The StartR Accelerator program was piloted at the Rady School in fall of 2013, with the inaugural StartR class comprised of six teams. Several of the teams have gone on to garner additional funding and been accepted into prominent business incubator programs. The second StartR Demo Day, where the StartR teams pitch their ideas to an audience of community supporters and potential investors, is scheduled for October 15, 2014. The StartR teams presenting at Demo Day are Aquadx, Grolltex, Lychee, Michron, Waya and Pet Wireless.
The StartR program builds on the Rady School's capstone Lab to Market course sequence, which focuses on taking ideas to the marketplace, and is required of all Rady School MBA students. The StartR Accelerator program is focused on technology startups from industries such as life sciences, biotech, mobile health, high-tech, communication, media and consumer products as well as social venturing.
"Our goal is that the NCIIA grant will allow us to expand the StartR Accelerator program to cross-functional teams from other UC San Diego schools and divisions, such as the Jacobs School of Engineering, Scripps Institution of Oceanography and Health Sciences," said Kimberly Davis King who co-directs the program.
More information on the StartR Accelerator program can be found at: http://rady.ucsd.edu/ciid/startr/teams/