Amplify LA has raised a 4.5M fund from TV Producer Mark Burnett, Greycroft Partners, Rustic Canyon, Tim Draper, LA angels Paige Craig and Tom McInerney, as well as other notable names. They’ll be investing $50k per startup and providing office space and mentorship.
Elevator Labs, Westwood
“Elevator Labs is committed to the creation of companies that drive value. We believe strongly in the power of ideas, and we focus every day on finding new ways to bring those ideas to life.Our businesses must help people in some way. If a business can’t truly help to make life a little easier, a little better, than it’s not a business for us. We focus on relevance, but also on revenue. If a company can’t charge for its services then it’s probably not worth much to begin with. We love innovation. We’re totally passionate about finding new ways to do things; to improve things; to make things that are truly more impactful. Are you an entrepreneur that hungers for a challenge? We’re always looking to meet with the next generation of innovators and influencers. Drop us a line if you’re interested in meeting with us.” Works closely with Wilshire Media Group.
Founded in 1976 by Bill Gross, Idealab has created and operated 75 companies that have had 30 IPOs and acquisitions.
The Jewish Free Loan Association
An opportunity for Entrepreneurs to secure up to $15,000 in free small business loans from the Jewish Free Loan Association. Note that religious affiliation is NOT a requirement for application for the loan.
K5 is an accelerator run by angel investors and experienced business people to help emerging entrepreneurs build successful, technology-driven companies. Entrepreneurs who are accepted will receive a maximum of $25,000 in funding and attend K5Launch, which is a three-month, high-intensity program that helps entrepreneurs build the necessary framework to launch their companies.
Launchpad has announced that each member of class 3 will receive a $50,000 investment from a pool of capital contributed by folks likeRincon Ventures, IdeaLab, and AudioMicro corporate counsel, Stubbs Alderton, among others. In addition to seed capital, LaunchpadLA will also be offering free office space to its members in addition to dedicated in office time with its mentors. Launchpad’s mentorship program was previously structured whereby the entrepreneurs are assigned two mentors – one of which is a more senior, previously successful entrepreneur, and the other a local VC.
LA Cleantech Incubator, East Los Angeles
Los Angeles has launched its new cleantech business incubator to accelerate development of cleantech start-ups by offering flexible office space, CEO coaching and mentoring, and access to a growing network of experts and capital.
Mucker Lab, Santa Monica
MuckerLab is a 12-week program that includes up to $21k in funding, office space, access to world-class mentors, and hands-on product, marketing, legal and fundraising support. Mucker launched this fall, with an impressive roster of mentors.
Originate, Los Angeles (Westwood); also San Mateo, Las Vegas, Stockholm, Hangzhou
Originate adds to the venture model by trading software development for equity, using its in-house team of developers.
Science, Santa Monica
Science creates, scales and acquires successful digital businesses by bringing together the best ideas, talent, resources and financing through a centralized platform. They focus on three things: developing new businesses, providing emerging startups with operational strategy and capital, and transforming later-stage Internet ventures with new talent and innovations. Science is backed by a group of top institutional and independent investors, which include Rustic Canyon, White Star Capital, The Social+Capital Partnership, Tomorrow Ventures, Siemer Ventures, Philippe Camus, Jean-Marie Messier, Jonathan Miller and Dennis Phelps.
Start Engine is a rapid accelerator focused on helping Los Angeles-based technology startups build a solid foundation for success in 90 days. Created by Howard Marks, co-founder of Activision, and Paul Kessler, one of the most prolific investors in Los Angeles, Start Engine will provide local startups with the essential resources and counsel they need to become successful, self-directed businesses. Start Engine offers a team of mentors who have proven themselves as successful entrepreneurs – not professional investors – ensuring that its startups are guided by the right people for the right reasons. Early-stage companies in the web, mobile and ecommerce space are encouraged to apply for the program which completes four cycles per year, culminating in Demo Days that are attended by the region’s top angel investors and VCs.