The mainly California-based institutions have replicated the approach of an Arizona State University accelerator in the SoCal Startup Mill.
Ten mainly California-based campuses teamed up with the Los Angeles Venture Association (Lava) trade body on Friday to launch the SoCal Startup Mill accelerator for US-based technology spinouts.
The program aims to nurture intellectual properties with strong potential and a management team capable of delivering the business plan. Lava hopes investors will then be drawn to the table.
SoCal Startup Mill will feature 12 teams and 25 business mentors, five of whom are already contracted for the program’s launch in…
