create / 2016
IGNITE22: A tech expo and collaborative experience celebrating innovations shaping the 22nd century
Are any other organizations collaborating on this proposal?
Through a collaboration with California State University Program for Education and Research in Biotechnology (CSUPERB), IGNITE22 will support CSUPERB's strategy to expand experiential biotechnology learning opportunities, innovate biotechnology education and partner with industry. By engaging area high school students involved in ITEP (International Trade Education Programs), IGNITE22 will inspire the next generation of STEM leaders.
Please describe your project proposal.
IGNITE22 brings together, in a collaborative environment, the entrepreneurial community, industry partners, academic institutions, and other stakeholders and supporting organizations, for an event that showcases technology that will impact our lives into the 22nd Century. IGNITE22 will inspire innovation and creativity in entrepreneurship and STEM programs while supporting the region’s technology hubs. With a single accord, we will celebrate the future.
Which of the create metrics will your proposal impact?
- Manufacturing activity
- Federal research grant funding
- Gini coefficient
- Jobs per capita
- Measures of cultural and global economic influence (“soft power”)
- Minority- and women-owned firms
- High growth startups
- Patents per capita
- Percentage of graduates from local higher education institutions that remain in LA County 5 years after graduating
- Recruiting and retention rates for local higher education institutions
- Venture capital investment
In what areas of Los Angeles will you be directly working?
- County of Los Angeles
- City of Los Angeles
Describe in greater detail how your proposal will make LA the best place to create?
IGNITE22 is a catalyst for collaboration. We chose an event over a program to generate the broadest reach of stakeholders across industries and across a wide variety of audience groups. The interaction between these stakeholders will make LA the best place to CREATE.
Entrepreneurs will benefit from the connections with industry collaborators and investors, as well as access to academic researchers and deep science. Investors benefit from making connections with a vast array of tech entrepreneurs. Corporate executives and industry leaders get an opportunity to experience new technology that may impact their businesses while they explore how early adoption will lead to competitive advantage. University students and faculty will connect with industry to move projects beyond the lab toward the goal of commercialization. The event will engage high school students interested in STEM careers inspiring them to become tech entrepreneurs. Elected officials and policymakers will learn about technology trends and therefore, better understand impacts and opportunities within their communities.
Collectively, IGNITE22 is the spark that will attract visionaries that will help make LA be the best place to CREATE. As a result of connections being made and collaborations being formed, IGNITE22 will positively impact the metrics we’ve identified. We believe these partnerships will result in more patents per capita, increased venture capital investment and increased federal research grant funding. Through strategic partnerships, startups have a better chance of gaining market traction and realizing exponential growth. This results in more and better jobs, increased manufacturing in the region and an improved Gini coefficient. By engaging high school and college students from the LA Harbor area we will inspire the next generation of entrepreneurs and STEM leaders, offering role models that will lead to more minority and women-owned businesses. These students are then more likely to attend and then graduate from local higher education institutions and more likely to remain in the region due to the improved career opportunities.
In the long-term IGNITE22 will support LA County’s goals to build technology hubs, particularly in biotech, aerospace, trade and transportation, and clean tech, thereby contributing to LA’s creative and entrepreneurial ecosystem with global economic influence.
Please explain how you will define and measure success for your project.
IGNITE22 aims to bring together a diverse group of entrepreneurs, investors and industry leaders to foster the commercialization of transformative technologies. By engaging creators, adopters and facilitators, we are connecting all parts of the ecosystem critical to bringing new technology to market. Our goal is to initiate meaningful partnerships between academic institutions, technology startups and corporate partners that will lead to accelerated commercialization of technology and employment opportunities for the region’s graduates.
We will measure success based on the following:
- Number of tech startups exhibiting by industry
- Number of CSUPERB researchers presenting
- Number of corporate/industry influencers and investors attending
Through pre- and post-event surveys, we will measure the following:
- % of attendees interested in participating in collaborative opportunities
- % of students who express an interest in pursuing STEM-related careers or entrepreneurial endeavors
While one event alone cannot impact the CREATE metrics such as federal research grant funding or high-growth startups, we believe that offering a platform for collaboration across the entrepreneurial ecosystem will, over the long-term, result in more manufacturing activity, more STEM-related job opportunities, more patents per capita, increased venture capital investment, and an increase of minority- and women-owned tech startups reflecting the diversity of Southern California’s residents.
How can the LA2050 community and other stakeholders help your proposal succeed?
- Advisors/board members
- Community outreach
- Network/relationship support