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UCLA's Magnify Opens Accelerator To LA Tech, Life Sciences Startups

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Magnify , the startup incubator which is part of UCLA's California NanoSystems Institute (CNSI), says it has opened up its incubator to the greater Los Angeles area, and is now inviting startups in the early stage technology and life sciences areas to join its program.

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LA To Launch Cleantech Incubator

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The City of Los Angeles said this morning that it will be officially launching its Cleantech Incubator tomorrow, as it attempts to create a cluster of clean technology companies downtown. According to Mayor Villaraigosa, the effort is to help develop new businesses and create jobs in Los Angeles. READ MORE>>.

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Incubating LA's Biotech Future, With Richard Koffler, Greenwings Biomedical

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A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical? It was a failure.

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X1 Discovery Names New CEO

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Pasadena-based X1 Discovery , which develops e-discovery and search software for the legal industry, has named Craig Carpenter as its new CEO, according to the company. Carpenter--who also is an attorney--had been a quarterback for UCLA.

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Texas Incubator Lures Away LA Startup

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Capital Factory , a business incubation program based in Austin, Texas, has lured away a Los Angeles startup, Homstie , which operates an online marketplace which helps people find places to store their stuff. The person-to-person marketplace was started by a number of UCLA undergraduates.

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New Group Looks To Bridge Gap Between Research, Companies

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Taking notice of the gap between the amount and depth of research and technology at local universities, and new company formation, a new group has quietly formed in Los Angeles to tackle the issue. The group includes a number of experienced CEOs with experience raising venture capital as well as bringing companies to an IPO or exit.

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Accelerator Crazy In Southern California

socalTECH

In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Specifically targeted at clean techonlogy firms, the group has more of a traditional incubator program, offering up office space for 6-8 companies, along with support, resources, and mentorship.