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Groups Join To Promote Innovation, Entrepreneurship in Riverside County

socalTECH

The Riverside County Economic Development Agency , the , and the Tech Coast Angels said they will form the Riverside County Innovation Alliance , which will help promote awarenesss of high tech businesses, mentor entrepreneurs, and help companies find venture capital and other investment.

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OCTANe LaunchPad Firms Raise More Than $25M

socalTECH

OCTANe , the Orange County-based organization helping to bolster the high tech industry and entrepreneurs, reported this morning that in the first half of 2012, companies participating in its startup accelerator have raised a total of $26.8M in funding. READ MORE>>.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. In 2007, we started to put some policy attached to the money, and created a jobs investment fund. We recently matched a $180K investment in Lottay.

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Interview Dan Dato and Bruce Brown, Upstart.LA

socalTECH

Although Los Angeles has become a hub for the high tech startup world, Surprisingly, one of the things which hasn't happened in the Los Angeles area is any huge, successful venture acceleration programs. Our mentors as we've built up this effort in LA are TechStars, Tech Wildcatters in Dallas, and Accelerator Labs in Chicago.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” They estimate that high-tech work contributes $108.3 billion dollars of regional GDP. But even this is changing.

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Interview with Erik Rannala, MuckerLab

socalTECH

To that end, last week, Los Angeles-based MuckerLab (www.muckerlab.com) announced its plans--and a big lineup of local CEO mentors--to start up a new, YCombinator- and TechStars-type program in Los Angeles, headed by former Silicon Valley venture capitalist Erik Rannala , and affiliated with the TechStars Network.

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An Advisory Board is a Startup’s Best Investment

Startup Professionals Musings

For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive. What better candidates than your Advisory Board?

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