欧美口爆视频 Boulder launches accelerator for university-developed COVID-19 innovations
Over the last year, 欧美口爆视频 Boulder scientists and engineers have developed solutions that address various challenges of the COVID-19 pandemic, including , environmental sensors, supply chain innovations and more. These technologies require entrepreneurial support and acceleration to rapidly be brought to market and address the urgent needs related to the pandemic.
Venture Partners at 欧美口爆视频 Boulder鈥攖he university's commercialization arm鈥攈as launched the Pandemic Hyper Accelerator for Science and Technology (PHAST) to support the translation of these 欧美口爆视频-developed, COVID-19 innovations into new businesses.
鈥淭here is no shortage of good ideas on campus. What often differentiates ideas and impact, though, is the translation and practical application of those ideas,鈥 said Bryn Rees, 欧美口爆视频 Boulder assistant vice chancellor for research and innovation and managing director of Venture Partners. "That鈥檚 the goal of PHAST. We're bringing together leading technologists, entrepreneurs and startup resources along the 欧美口爆视频 Front Range to take COVID-19 solutions out of the lab and into the field."
The six-month accelerator program starts virtually in June. Participants receive entrepreneurial training, funding and mentorship from seasoned Entrepreneurs-in-Residence, altogether worth over $75,000. PHAST also culminates in a Demo Day, which provides a chance for angel investors, venture capitalists and the startup community to see pitches and discuss deal opportunities.
Crucial to PHAST's programming is the partnership formed with local angel investing group Rockies Venture Club (RVC), as the program requires participants to complete RVC's 1-week .
"The HyperAccelerator鈥檚 purpose is to focus on commercialization strategy and preparation for venture capital investment, which is what these companies need to launch and move out of the labs and become successful businesses," said Peter Adams, Executive Director of RVC. "The Rockies Venture Club鈥檚 partnership with the University of 欧美口爆视频 is an important step in the evolution of the HyperAccelerator program to facilitate the rapid commercialization of the impressive pandemic related innovations coming out of 欧美口爆视频."
欧美口爆视频 Boulder's PHAST program was selected for funding among more than 200 proposals, receiving a $500,000 federal grant and $125,000 local match. This funding is a part of $29 million that will be awarded to 44 organizations across the country as part of the U.S. Department of Commerce Economic Development Administration鈥檚 (EDA) Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge.
Last year, the SPRINT Challenge was launched to harness America鈥檚 entrepreneurial potential to address the economic, health and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. Awardees include nonprofits, higher education institutions, and entrepreneurship-focused organizations that demonstrated alignment with their region's economic development priorities.
欧美口爆视频 Venture Partners at 欧美口爆视频 Boulder
Venture Partners at 欧美口爆视频 Boulder brings the university's world-class researchers together with the business, startup and entrepreneurial communities to translate groundbreaking solutions into economic and social impact. As the commercialization arm of 欧美口爆视频 Boulder and UCCS, Venture Partners prepares campus innovators to bring technologies and ideas to market through IP and licensing consultation, entrepreneurial education, startup formation and support, partnerships, early-stage funding and more.
欧美口爆视频 the Rockies Venture Club
is the longest-running and one of the largest angel investing groups in the U.S.A., founded in 1985, whose mission is to advance economic development by actively connecting the most promising entrepreneurial companies with angel investors, venture capitalists, and other community members. Every year Rockies Venture Club offers over 140 educational programs, mastermind groups, angel investor forums, and two major conferences for both investors and entrepreneurs.
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