By guest authors Irina Patterson and Candice Arnold Irina: Could you give an example of what kind of entrepreneurs you would like to see applying to your incubator? Mark: Yes. I am looking at a spin-out at a university where they might have had an SBIR [Small Business Innovation Research Program] grant or an STTR
By guest authors Irina Patterson and Candice Arnold I am talking to Mark Lieberman, manager of regional economic development at the Community Development Commission of the County of Los Angeles. He has also been managing Business Technology Center of Los Angeles County for the past nine years.
By guest authors Irina Patterson and Candice Arnold John: If a company we invest in exits down the road at some point, either through acquisition or going through a public market, that equity will come back for Citrix, which would be great. [However], that won’t be the measurement on sustaining the program. The measurement on
By guest authors Irina Patterson and Candice Arnold Irina: Once entrepreneurs are accepted in the program, what is the next step? John: We’ll work with each of them individually. What’s a little different about our program than some of the other programs out there is this is not a class-style program where we bring in
By guest authors Irina Patterson and Candice Arnold John: Having that video capability built into Angelsoft has been nice. I had one entrepreneur, for instance, who put his application in a few weeks ago. He just walked around the room on a Friday night saying, “We’re about to ship our Beta version. We’re going to
By guest authors Irina Patterson and Candice Arnold Irina: Would you please go over the core benefits of your program one more time? John: We give access to our deep channel of partners and customers. We have more than 250,000 customers that range from enterprises all the way down to small, medium sized businesses; access
By guest authors Irina Patterson and Candice Arnold Irina: How many companies do you plan to fund and accelerate this year? John: It depends on how much we invest per company. We’re looking at something in the 12 to 15 range initially. We’re funded over the next several years.
By guest authors Irina Patterson and Candice Arnold Irina: Do you have any particular industry preference? John: We’re very software focused. We have seen an applicant who has a hardware piece of the solution to help accelerate it, but for the most part, we’re just going to be focused on software. Citrix is very much