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A Boot Camp for Innovation in Bioscience: LABioStart
Entrepreneurs play a critical role in our economy. The innovations they develop have a cascading effect on job creation, standards of living, and growth in related industries. Teaching talented individuals to become entrepreneurs themselves and supporting them as they launch their own companies is one thing that universities can do to strengthen the economy in their communities. At California State University, Los Angeles, we understand the importance of this approach, which led us to create LABioStart, a boot camp to train emerging bioscience entrepreneurs in the region.
In partnership with the Biocom Institute and the Los Angeles Cleantech Incubator (LACI), we have been awarded a $500,000 challenge grant from the U.S. Department of Commerce. The department’s Regional Innovation Strategies (RIS) program helps communities create the building blocks that foster economic development through new technologies and job creation. In addition to the flagship LABioStart boot camp, the grant will support additional programs to promote bioscience innovation and facilitate networking in the Los Angeles area. The programs will engage local governments and other partners to develop new training modules in business fundamentals, leadership skills and business competencies specific to bioscience.
With the help of a team of seasoned subject matter experts and mentors, LABioStart will train five cohorts of emerging bioscience entrepreneurs during the three-year funding period, with the first boot camp planned for summer 2017. Each cohort of boot camp participants will learn from experts and mentors during four weeks of intensive training in areas such as business formation, human resources, financing, intellectual property, visioning and strategic planning, interpersonal and communication skills, research and development process, and regulatory affairs and manufacturing.
U.S. Commerce Department awards $500,000 to Cal State LA, Biocom Institute and Los Angeles Cleantech Incubator for LABioStart boot camp
LOS ANGELES and SAN DIEGO, Feb. 9, 2017 /PRNewswire/ -- California State University, Los Angeles and its partners, the Biocom Institute and the Los Angeles Cleantech Incubator (LACI), have been awarded an i6 Challenge grant of nearly $500,000 to fund LABioStart, a boot camp to train emerging bioscience entrepreneurs in the region and prepare them to launch bioscience startup companies. The award is part of the Department of Commerce Regional Innovation Strategies (RIS) program, which helps communities create the building blocks that foster economic development through new technologies and job creation.
In addition to the flagship LABioStart boot camp, the grant will support ancillary programs to promote bioscience innovation and facilitate networking in the Los Angeles area. The programs will leverage the distinct strengths of the three primary partner organizations (Cal State LA, Biocom Institute and LACI) and will engage local governments and additional partners to develop suites of training modules in business fundamentals, leadership skills and bioscience-specific business competencies.
Cal State LA to advance a new beginning in bio-science innovation
California State University, Los Angeles had finally advanced a new venture, by declaring that it had just received a $500,000 grant from the U.S. Dept. of Commerce’s Economic Development Administration to support entrepreneurial enterprises at the LA BioSpace incubator who had been provided a space under the Rongxiang Xu Bioscience Innovation Center, where the whole event took place. Cal State LA received an award through the Regional Innovation Strategies program, amongst 35 other universities, in 2016.
LA BioSpace incubator is a hub for entrepreneurship and employment on Los Angeles’ Eastside. Prospered by the Los Angeles County Board of Supervisors, it is a part of pioneering area-wide bioscience industry strategy.
Basically, now LA BioStart will edify bioscience magnates on the campus of Cal State LA, from this year itself. This will evolve the fabrication skills in students, that too much before the inauguration of Innovation Center, that is in 2018. It will make the interested students learn strategies to compete in the production.
Cal State LA takes top prize in L.A. Mayor's cup competition
California State University, Los Angeles won the grand prize of $25,000 in the first-ever L.A. Mayor's Cup, a competition in which university students create innovative solutions to vexing civic problems.
“This is a wonderful victory for our college’s entrepreneurship students and their Small Business Strong Cal State LA Team in the L.A. Mayor’s Cup,” said James A. Goodrich, dean of the College of Business and Economics. “As the only undergraduate team, they pulled off an amazing upset; winning first place is a testimony to the quality of our students and our program.”
Cal State LA breaks ground on Rongxiang Xu bioscience center
Cal State LA broke ground Friday on the Rongxiang Xu Bioscience Innovation Center, which will house the LA BioSpace incubator and serve as a hub for entrepreneurship and job creation on Los Angeles’ Eastside.
During the event, Cal State LA President William A. Covino announced that the University had just received a $500,000 grant from the U.S. Dept. of Commerce’s Economic Development Administration to support entrepreneurial enterprises at the LA BioSpace incubator.
Students create innovative prototypes at Cal State LA BioHack
Laptop screens illuminated students' faces while they drank endless cups of coffee. Some took short naps to refresh while others stayed awake the entire night. Their workspace was a mess of wires and circuit boards. All were trying to figure out how to solder this circuit or code that program. The clock was ticking. At the end it would all be worth it: they would survive the hackathon.
Called the BioHack because it focused on solving problems through biotechnology, the event was the first of its kind in Cal State LA history. The goal: support young entrepreneurs and technologists as they develop their problem-solving skills.
In the Golden Eagle Ballroom, 12 teams of students from an array of majors and different universities used a combination of hardware, coding and biotech knowledge to design and build products that tackled issues related to food, agriculture and healthcare technology.
Obama Administration boosts bioscience industry growth with $3.2 million for Cal State LA
The budding Los Angeles biosciences industry got a major boost from the federal government Wednesday with a $3.2 million grant to Cal State LA.
The funds from the U.S. Dept. of Commerce’s Economic Development Administration will be used to construct a new laboratory building at Cal State LA. But unlike academic laboratories, the Cal State LA biosciences incubator will provide laboratory space for startup scientific companies.
U.S. commerce official, L.A. county supervisor promote bioscience industry at Cal State LA
United States Assistant Secretary of Commerce for Economic Development Jay Williams and Los Angeles County Supervisor Hilda L. Solis visited the Cal State LA campus Wednesday afternoon to promote the development of the bioscience industry in the area.
Cal State LA's bioscience incubator will nurture start-up businesses while providing opportunities to students
For years, Cal State LA has been a leader in providing academic research and laboratory training opportunities for students who have gone on to earn Ph.D.’s in critical science-related fields. Those efforts received a significant boost last fall when the Los Angeles County Board of Supervisors awarded a $3.5-million grant to the University to help fund a bioscience incubator.
BioSpace LA will feature up to 20,000 square feet of lab space in the Physical Sciences building, where students and faculty can work with start-up businesses on innovative bioscience projects. The funding was championed by former Los Angeles County Supervisor Gloria Molina, who sought to jump-start the bioscience industry on Los Angeles’ Eastside and leverage the University’s proven track record of educating science students, especially those from underrepresented communities.
Cal State LA receives $3.5 million to fund a bioscience incubator
Cal State LA President William A. Covino and Los Angeles County Supervisor Gloria Molina today launched a new incubator on campus that will provide students and start-up businesses an opportunity to work together on innovative bioscience projects.
The incubator, which is called BioSpace LA, is funded with a $3.5 million grant from the Los Angeles County Board of Supervisors. It will feature up to 20,000 square feet of lab space dedicated to bioscience research and collaboration. Molina, whose district includes Cal State LA, led the effort to secure the funding.