OCTANe Plans for New Nonprofit Accelerator

Wednesday, November 20, 2019

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OCTANe has plans for a new accelerator for nonprofits that will function as an extension of the SBDC Launchpad program for technology and life science startups.

Initial funding was provided by the Edwards Lifesciences Foundation; the charitable branch of OC’s largest public company has given $75,000 to OCTANe for two years running.

Bill Carpou, CEO, OCTANe, said that the accelerator will help nonprofit organizations “establish clear metrics and communicate mission statements,” so that they can better operate and in turn raise additional funds.

The new accelerator’s first cohort includes:

  • High School Inc., which works with the Santa Ana Unified School District and others to help students develop skills and identify career goals through experiences such as training luncheons and field trips to colleges and businesses.
  • OC Stem, which provides STEM competencies through partnerships with organizations such as the Orange County Department of Education and the UCI School of Education, among others.
  • Vital Link OC, which prepares students for future careers by providing experiential learning opportunities in the fields of computer science, design engineering and manufacturing, robotics, medicine, and more.
  • Child Creativity Lab, which allows children to explore STEAM careers through class-room programs and workshops that emphasize creativity and innovation.
  • STEM Goes Red for Women, which aims to close the gender gap in STEM jobs through a mentorship program and field trips that allow girls to explore STEM outside of the classroom.

Source: Orange County Business Journal

Category: Member News, Community News