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In The News
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In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena — visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. What was most striking was the diversity and breadth of the node-network that defines the region–so complex and at times, overwhelming. I met with many deeply talented entrepreneurs, researchers, investors, community organizers and professionals who are thriving in these separate yet overlapping (and interdependent) ecosystems
After hosting the SoCal First Look event at UCLA on June 20, the Alliance staff took a beat to reflect on the progress we’ve made so far and to plan the next phase of our fledgling organization. Our first two events showcased some of the top SoCal startups and entrepreneurs — prime examples of the region’s strengths — in order to educate and connect investors directly to opportunities in SoCal.
How do you take the energy of such successes as Dollar Shave Club, Ring, Cornerstone Ondemand, and the many other local successes from the startup energy, and tap into the resources of local universities and research institutions?
The ingredients are in place for SoCal to emerge as the next major global tech ecosystem. The region’s challenge is to successfully navigate a short list of critical steps necessary to make that happen.
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.
A new study, released by the Alliance for Southern California Innovation, has surprisingly come out highly critical of the region’s fragmentation and “lack of a compelling geographic center”, saying those factors are keeping the region from emerging as a “tech hub as robust as Silicon Valley”.
Eric Schmidt and Bill Maris are helping build a startup network in Southern California
Alphabet executive chairman Eric Schmidt and GV founder Bill Maris are throwing their connections behind a new nonprofit.
The Alliance for Southern California Innovation is aimed at promoting tech entrepreneurship in the region, with a focus on health and medical technology.Read more
Several heavyweight Silicon Valley venture capitalists are turning their attention to Southern California. Alphabet Inc. Executive Chairman Eric Schmidt and former Google Ventures CEO Bill Maris are lending their support to the Alliance for Southern California Innovation, a nonprofit that means to nurture and accelerate the growth of an entrepreneurial ecosystem in the region.
Steve Poizner, the former California gubernatorial candidate and former founder of SnapTrack (which he sold to San Diego’s Qualcomm), says he has created a new group called the Alliance for Southern California Innovation, which will focus on further developing Southern California’s entrepreneurial ecosystem.
Joseph Incandela, vice chancellor for research and a professor of physics at UC Santa Barbara, has joined the board of directors of the Alliance for Southern California Innovation. Founded by technology entrepreneur and former California insurance commissioner Steve Poizner, the non-profit organization is aimed at nurturing and accelerating the growth of an entrepreneurial ecosystem in Southern California.
UC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and researchers, connect with venture capitalists and recruit talent to the Southern California region.
Joseph Incandela, vice chancellor for research and a professor of physics at UC Santa Barbara, has joined the board of directors of the Alliance for Southern California Innovation. The organization’s own news release follows: Serial tech entrepreneur and former California Insurance Commissioner, Steve Poizner, working with a group of prominent tech, university and research
institute leaders, today announced the formation of the Alliance for Southern California Innovation (Alliance), a nonprofit established to nurture and accelerate the growth of an entrepreneurial ecosystem in Southern California.
Steve Poizner, the former state insurance commissioner who sold a GPS technology start-up to Qualcomm years ago, launched a nonprofit venture this week that plans to bring together investors, universities and entrepreneurs. Poizner, who splits time between La Jolla and Los Gatos, plans to work nearly full time on the staff-less operation, a spokeswoman said.
The Alliance for Southern California Innovation initiative remains in the early stages, but its major goals include serving as a local conduit for investors from other regions and coming up with a branding strategy for Southern California’s tech community. Boston Consulting Group plans to work for free to develop recommendations by the fall on boosting technology development in Southern California.
A Silicon Valley entrepreneur has set out to boost the startup ecosystem in San Diego and the rest of Southern California—and he already has scored a coup by partnering with Bill Maris, the founder and former CEO of Google Ventures, now known as GV. Steve Poizner, who sold two of his startups to Qualcomm (NASDAQ: QCOM) and served as California Insurance Commissioner a decade ago, has signed a collaboration agreement with a venture fund that Maris founded in suburban San Diego.
Can Southern California emerge as a technology hub on par with Silicon Valley over the next few years? A new non-profit group led by former state Insurance Commissioner Steve Poizner, a serial tech entrepreneur, aims to make the southern part of the state a viable alternative for start-ups to the increasingly congested north.
San Diego — Iconic entrepreneurial ecosystems have sprouted up in the main regions of Southern California. The first venture
fund to partner with the alliance is Encinitas-based Section 32, a $160 million fund created by Bill Maris, founder and
former chief executive of Google Ventures.