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The CSUF Startup Incubator provides promising and coachable innovators access to technical advice, assistance in the hunt for seed capital, a place to meet and work, a large network of veteran entrepreneurs, and expert guidance concerning patents, technology transfer, licensing, royalties, contracts, and new venture formation.
As a clearinghouse for innovative ideas and new business concepts, the CSUF Startup Incubator will foster and support Innovation Teams which will employ high impact practices. Cross-campus teams will utilize the latest tools available in data science including advanced analytics for knowledge synthesis and commercialization. The creation of creative and skilled teams from colleges across the CSUF campus will be sparked by diverse skills and experiences.
The Incubator will function as a “hatchery” for innovation; the goal would be to commercialize resident startups within 180 days. Many traditional business incubators coddle new ventures and make money from renting the facility and providing professional services to them. In contrast, the Incubator will aggressively challenge its innovators to “succeed quickly or fail fast.” The Incubator will achieve this through stringent feasibility testing, thorough market research, verified proof of concept, and rigorous beta testing of products and services. An experienced team of content experts, innovators and entrepreneurs will optimize the commercialization process by helping innovators avoid mistakes and lost time.
We provide assistance for intellectual property protection, formation of a legal entity, business plan revision, and determination of funding requirements. The Incubator will also give innovators the tools to develop a website and modest administrative support. These basics will allow the innovator to present a professional appearance to prospective customers, suppliers, and investors.
The Incubator is located at 120 South Bradford in Placentia with 910 square feet and uses a “hotel” concept to optimize space usage. The facility layout is open and casual. It has pod-like work areas for the innovation teams, along with meeting spaces and private office spaces. The Incubator will also provide virtual support to the innovator’s commercialization projects using the latest collaboration tools. The Placentia Campus has been made possible by the generosity of the City of Placentia.
Mentors – Our mentors have founded startups and successfully grown them into profitable companies.
Access to Funding – We are connected with savvy investors who specialize in early stage seed funding.
Like Minded People – Our incubator provides a gathering place for startup founders and investors who share similar visions of business innovation.
Custom Road Map – Our incubator will provide your startup with a custom road map of how to start up your startup. This includes what to do and what pitfalls to avoid.
Lean Startup – We embrace a learning culture based on building business models that work.
Professional Services – Our network includes intellectual property attorneys, CPAs and bookkeepers, insurance agents, and sources for manufacturing prototypes.
Accountability – We provide executive coaching to our startups to help the founders stay on task with their defined goals and milestones.
Resources – Our University offers innovative faculty and staff who will help you succeed. Other amenities include our world class library, laboratories, and 3D Printers.
Speed – Our incubation process is built around a fast-paced 6-month work process. Every day is a grand experiment that includes hypotheses, testing, measurement, and pivoting.
Alumni – CSUF has an engaged alumni network of over 200,000 graduates who live within 2 hours of the campus.
Starting up a business is both exhilarating and challenging. While you can go at it alone, business incubation can provide a safer and quicker path to success. Choose the CSUF Startup Incubator today.
The CSUF Startup Incubator will rigorously review candidate applications so that only the most viable and scalable ideas are accepted for continuing support by the Incubator. It is imperative that the innovators have “skin in the game.” The Incubator is looking to support highly scalable early stage startups with innovative business concepts.
The selection of entrepreneurs, which we refer to as “Innovators”, for residency will be based on the following criteria:
The innovator must submit a completed application – Please click here to gain access to the application.
The business concept proposed must be innovative and scalable.
The business concept must demonstrate the capability for business viability and growth.
The business concept must demonstrate a need for our services and must be one which we can help.
The business plan or business model canvas submitted by the innovator is deemed sound.
The innovator will submit a business model canvas to the Incubator, which will be reviewed by the Selection Committee. If available, financial statements should be included. Resumes of the team should be included.
The business concept should have the potential to create intellectual capital, employment, revenue growth, and profits.
The innovator may or may not have a track record in innovative ventures.
A first-time innovator should have an innovator’s profile and be of strong character. The Selection Committee will assess this through personal interviews, reviews of past activities, background checks, references, etc.
The innovator(s) must have adequate financial resources to remain in business for at least six (6) months, as indicated in the company’s business summary.
The innovator must certify that there are no legal claims or lawsuits pending against the business at the time of this application.
If requested, the innovator must agree to attend a personal interview session with the Selection Committee of the Incubator.
The innovator must agree to sign a six month lease if selected.
We do not sign NDAs, if that is a problem for you do not apply.
In order to apply you must:
If you have any questions please contact us at firstname.lastname@example.org