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CSUN Summer Accelerator

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CSUN's Innovation ecosystem is based on taking students of diverse backgrounds and interests and uniting them to apply technologies to sustainably resolve commercial and social problems.

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CSUN Summer Accelerator

  1. 1. California State University, Northridge Summer Accelerator as part of a transformativeEntrepreneurial Ecosystem
  2. 2. Why? Whyarestart-upsin LAdistributedlike this? Whydoesanareathatcontainsabouthalfofthecities populationhave sofewstart-ups? Reasonablecorrelationwith Universitypresence Strongcorrelationwithincome,ethnicity,&presenceofstart-upservices
  3. 3. Funding follows the same pattern Best funded LA Metro Tech start-ups (7/17) CB Insights
  4. 4. Adapt or Die
  5. 5. For the good ofour society andeconomy, the face of entrepreneurship must change; this requires a new approach
  6. 6. Solution: ProgressiveEngagement 3-Tier Ecosystem where every function is accessible to every CSUN student. Product/Market Fit Execution Inspiration Trainstudentshowusetechnologytosolve aproblem theycare about Hands-onEntrepreneurshiptraining& competitions Practicalproductdevelopment, financialplanningand identifyingfundingsources forexecution.
  7. 7. 10-WeekSummerAccelerator 62 Applicants • 24unique departmentsacross5schools • Diversityreflecting CSUNstudents • 8 teamsselected for16 paidstudentassistantships Key Pillars of Program • EntrepreneurshipTraining • Expertlectures,videos& Peer-leddiscussions • Marketinterviews • Mentorship • InterdisciplinaryTeams 1. PatientassistMedical Device 2. Symboliclanguage appforpeoplewithAutism 3. Touchscreenkitchendevice forcoordinatingmeal prep 4. SocialNetworksforimproving academic engagement 5. Homebrewerimproved temperaturecontrol 6. UltrasonicRadar 7. Blockchainforsmall business consulting 8. Robotfortrainingteachersof EmotionallyDisturbedstudents
  8. 8. Program Deliverables Drive Product Launch • BusinessModel Canvas:9 Criticalelements • Weeklypresentationsofupdatedinterviews • Pitchdeck • Productvideo • Competitivelandscapeanalysis • Whois there&whatvulnerabilitiesexist • MVP operationplanFinancial plan • Socialmedia posts • SatisfactionSurvey
  9. 9. What is different aboutthis program? How dowe define success?
  10. 10. BuildingEmotionalResilience
  11. 11. Value Lost: $300 Billion 1 million businesses and 9 million jobs nevercreated; $300 Billion incomelost duetoun-diversified investment* Racial Diversity at Facebook *CenterforGlobalPolicySolutions2016“TheColorof Entrepreneurship” Y Combinator reports 19% of their companies have at least oneblack or hispanic founder; 2018CSUNSummerAcceleratorwas88%
  12. 12. Open accessdrives participation Amazon Alexa Social Entrepreneur Workshop launching November2018 0 5 10 15 20 25 30 35 40 45 0 20 40 60 80 100 120 140 160 180 200 AI Jam Data Jam Fast Pitch Bull Ring I-Corps Accelerator Incubator Participants Teams 2017/18 Event Participation

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