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University Lab Partners, UCI Launches Startup Competition

socalTECH

Irvine-based University Lab Partners and the SBDC @ UCI Beall Applied Innovation said this morning that the two organizations have launched a new, startup competition, which is aimed at accelerating both life sciences and technology startups. The new competition is open until June 12th.

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GEN.G Esports Powers New Minecraft Competition With Crocs

socalTECH

Los Angeles-based e-sports organization Gen.G is powering a new Minecraft build competition for casual footwear brand Crocs, the two said today. According to the companies, Crocs is launching a new Minecraft competition called Build Your Life in Color, which will be judged by a number of gaming influencers.

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XPRIZE Launches Rapid Covid Testing Competition

socalTECH

Los Angeles-based XPRIZE , the organization which creates competitions to help encourage the advancement of technology to solve some of the world's biggest challenges, says it has launched a new prize, aimed at the rapid testing issue with COVID-19.

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How To Identify New Venture Assistance Organizations

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors. That’s about the same ratio that angel investors claim.

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Organic Growth Startups Won’t Scale Competitively

Startup Professionals Musings

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. An example of a startup which used non-organic growth early and effectively was Microsoft.

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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

He lived the philosophy that companies must be paranoid in order to survive, and continually disrupt their own markets to prevent overrun by competition. I still find many organizations that think of internal change in terms of months and years, or even worse, suffer from “analysis paralysis,” or studying a problem forever.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.