Alliance for SoCal Innovation
|
Location |
Pasadena, CA |
|
|---|---|---|
|
Build to Scale Program |
Capital Challenge |
|
|
Project Name |
SoCal Venture Pipeline |
|
|
Award Amount |
Federal Share |
Local Match |
|
$300,000 |
$423,600 |
This EDA investment will support the SoCal Venture Pipeline (SVP) program, which makes early-stage capital more accessible to startups developing the next generation of technology. The SVP identifies and assesses companies seeking seed and series A venture capital investment and selectively introduces them to investors actively seeking to fund startups. This strategic matching aims to give entrepreneurs from underserved communities a better chance at funding and connects investors to the best companies in the Southern California region. The Alliance takes no fees, equity, or compensation from startups, and has developed various strategies to build a diverse network of startups and founders.