Long Beach City College’s Innovation Fund is funding and mentoring entrepreneurs launching innovation-led startups with high-growth potential.
The program focuses on first-time founders or relatively inexperienced entrepreneurs working on coaching, building management experience and assembling teams.
LBCC Innovation Fund is seeking companies that are developing or using proprietary, patentable, or patented intellectual property, technology, or trade secrets with the potential to disrupt industries of at least $100 million per year. Firms must also show that they are capable of generating $20 to $50 million in revenues within five to 10 years.
LBCC Innovation fund will announce awardees during the week of May 19th. We are excited to see who is selected and will report back on future rounds of the fund.