A look at some of the biggest accelerators and incubators in the area.
CEDARS-SINAI ACCELERATOR
LOCATION: West Hollywood
YEAR OPENED: 2016
INDUSTRY OF FOCUS: Health technology
TOTAL NUMBER OF COMPANIES SERVED: 80
The Cedars-Sinai Accelerator offers a three-month program for companies to get mentorship from Cedars-Sinai researchers, administrators and clinicians, plus a $100,000 investment, to advance their technology and products. Around 10 companies are in each cohort and are embedded within the Cedars medical center, with access to guidance from up to 200 practitioners who can help company leaders refine the practical applications of their products.
Its current cohort including Carlsbad-based RCE Technologies Inc. and San Diego-based Cari Health. To date, companies enrolled in the Cedars-Sinai accelerator have raised about $650 million in funding.
DISNEY ACCELERATOR
LOCATION: Glendale
YEAR OPENED: 2014
INDUSTRY OF FOCUS: Direct-to-consumer services and marketplaces
TOTAL NUMBER OF COMPANIES SERVED: 59
The Disney Accelerator works with early-stage companies in the consumer media, entertainment and technology sectors. Participating companies receive investment capital, access to co-working space at Disney’s creative campus and mentorship and guidance from Disney executives. The Disney accelerator previously invested $120,000 in each company, but the organization removed this investment cap in 2016. Its current cohort includes Santa Monica-based web3 social app FlickPlay and e-commerce platform Obsess Inc.
STARBURST AEROSPACE
LOCATION: El Segundo
YEAR OPENED: 2012
INDUSTRY OF FOCUS: Aerospace
TOTAL NUMBER OF COMPANIES SERVED: More than 250
Starburst’s accelerator takes on startups looking to advance technology in the aviation, space and defense sectors. The El Segundo-based organization currently has a portfolio of more than 140 aerospace companies, including Hawthorne-based Surf Air Mobility Inc. and Long Beach-based Rocket Lab USA Inc. and El Segundo-based…
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