There are many ways to get your company off to a good start and incubators and accelerators can help. Start your startup journey in southern California!
Startups and entrepreneurs can look forward to even more resources for their companies. Here, in part two of our listicle series, are five more accelerators and incubators* located in the Golden State that focus on a variety of business types – including tech, health and artificial intelligence. These programs offer specialized benefits for a smoother transition into the world of innovation.
- Techstars®: LA Accelerator
Techstars LA helps tech-oriented startups, especially those focused on web or software development, and those with the potential for national and/or worldwide reach. Startups have lifetime access to Techstars resources, including a 90-day mentor-based accelerator program with office space, access to $300,000 in business resources, such as accounting and legal support, and exposure at their Demo Day in Los Angeles. Teams receive a $100,000 convertible note and Techstars also contributes a $200,000 stipend in exchange for six percent company equity.
Location: Los Angeles
Website: techstars.com/programs/los-angeles-program
- MuckerLab Accelerator
MuckerLab Accelerator provides coworking space to 10-12 startups per year that focus on internet services, software, media and mobile industries. Unlike other incubators, MuckerLab focuses exclusively on startup development for an entire year and does not host a Demo Day. It also offers startups a network of advisors and experts with experience and connections to Silicon Valley. MuckerLab generally invests $21,000 to $150,000 in exchange for an eight to 15 percent equity stake, which depends on the startup’s capital needs and state of business.
Location: Santa Monica
Website: mucker.com/muckerlab-accelerator/
- JLABS San Diego
Johnson & Johnson Innovation, also known as JLABS, is an international innovation ecosystem that focuses on life sciences sectors, such as medtech and pharmaceuticals, to improve provider and patient experience. It offers startups industry connections, entrepreneurial programs and a flexible platform that encourages new ideas to improve the healthcare space.
Location: San Diego
Website: jlabs.jnjinnovation.com
- The Sandbox
The Sandbox incubates startups in the artificial intelligence and machine learning fields. The incubator considers artificial intelligence a new avenue for promising technologies that are at the cutting edge of invention. At the Sandbox, startups have a coworking space specifically designed for machine-learning innovations.
Location: San Diego
Website: thesandbox.ai
- Koa Accel
Koa Accel focuses on early-stage medical device and digital health startups. Each team receives a project manager with experience in the startup’s focus who helps develop the business at a low cost and with effective tools. Along with their mentors, teams create operating plans for their startups that last anywhere from 12 to 18 months. Through these plans, the teams mitigate business risk, raise capital and become independent companies.
Location: Irvine
Website: koaaccel.com
Read part 1 of 5 Places to Kick Off Your Startup Journey in Southern California
*These incubators and accelerators are listed in no particular order. Some of the incubators listed also have locations outside of Southern California.
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