Octane Announces Second Non-Profit Accelerator Cohort

Monday, April 06, 2020

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Octane recently announced the second cohort of its Non-Profit Accelerator program, which is modeled after its LaunchPad SBDC accelerator for business and life science companies.

The pro bono service is made possible through a partnership with the Edwards Lifesciences Foundation. The new cohort includes:

  • Achievement Institute of Scientific Studies, a nonprofit that guides disadvantaged students interested in STEM careers;
  • Breakthrough San Juan Capistrano, which offers free college-access programs to first-generation students, from middle school to college graduation. The organization received a $28,000 gift from Kingston Technology earlier this month;
  • Patient Safety Movement Foundation in Irvine, a Joe Kiani-created group focuses on eliminating preventable harms and deaths in healthcare setting;
  • Innovos Robotics Inc., a competitive robotics program that aims to introduce underrepresented minorities to the field;
  • MedTech Color, a nonprofit that strives to introduce persons of color to the medical technology industry.

In its annual impact report, Octane said it has created 13,830 jobs since 2010. The company aims to generate over 55,000 jobs in Southern California by 2030.

Source: Orange County Business Journal

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