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Highlights & Success Stories Highlights & Success Stories AB2664 Report (Jan 2017-Jun 2018) In the past year, the University of California has seen an explosion of innovation and entrepreneurial activity across its 10 campuses. Largely due to the funding received from Assembly Bill (AB) 2664, signed by Governor Jerry Brown in 2016, UC student and faculty entrepreneurs have access to: INTRO More proof of concept funding An increased number of accelerators and incubators where they can build and test their prototypes or launch their startups Additional training and mentorship programs to help them on their DUCTIONentrepreneurial journey In this first report, we provide highlights from the programs funded by AB2664 and offer profiles of just a few of the successful UC innovators and entrepreneurs who benefited from them. 2 3 The Big Ideas Contest: Students in the Alternative Meat Lab, which was y 316 teams applied, 70 were accepted developed by SCET in August 2017, presented HIGHLIGHTS y Two new categories were added this year their final projects, which focused on creating — Connected Communities and Workforce new non-meat substitutes for popular items, FROM Education and Development such as bacon and chicken nuggets. The lab also y Launched the New Innovation Ambassador welcomed several new board members from the PROGRAMS program and hired seven part-time students plant-based food industry.2 to represent Big Ideas at each UC campus to SCET held its first Collider Cup Competition. SUPPORTED BY provide social entrepreneurship programming Students from the entrepreneurship classes y Nineteen workshops/events were held across presented their end-of-year project, which was AB2664 the UC system judged by a panel made up of entrepreneurs, y Three workshops held for finalists alumni and venture capitalists. y Three practitioners-in-residence sessions Four teams were awarded $50,000 to continue were organized their work at the SCET Blockchain Lab. This was Participants have completed the first new Lean the first time the awards were given to support Transfer course offered by Berkeley-Haas students and faculty advancing blockchain Entrepreneurship Program in conjunction with technology. the Sutardja Center for Entrepreneurship and SkyDeck and QB3 have partnered on a new Technology (SCET). Using technology developed program called Bio Track at SkyDeck. The first by Bakar Fellows, the course focused on teaching cohort, made up of two startups, were selected in students the principles on how to test the viability fall 2018. Each company will receive $100,000 in of a product and the process to launching a investment funds from SkyDeck and access to the startup.1 resources at both accelerators.3 The CITRIS Foundry hosted Demo Days for Cohort The first Startup Disco cohort has completed the UC Berkeley 8 and launched the Entrepreneurship Hub. course. 4 5 30 percent of office hour clients were from the Central Valley, where legal Law students, will include links to resource materials published by law STARTUP @ BERKELEY LAW’S help for new businesses is almost nonexistent. The top categories of legal firms, legal aid organizations and others. OLLIE is currently being pilot assistance provided include entity formation, hiring, and intellectual tested by a crew of experienced pro bono attorneys, after which it will NEW BUSINESS PRACTICUM & CENTRAL VALLEY VENTURE LEGAL property — all areas where entrepreneurs can quickly get into trouble be opened to low-income entrepreneurs. OLLIE will be accessible on an without legal guidance. “offline first” basis, allowing users in regions where internet connectivity ASSISTANCE NETWORK is limited to review OLLIE content without having access to a continuous Full-Service Representation internet connection. Program Narrative AB2664 funding helped the Practicum expand full-service representation from 26 to 40 low-income entrepreneurs in 2017. The Practicum’s 21 New Outreach to Immigrant Entrepreneurs full-service clients received multilateral assistance over a three-month In 2018, the Practicum began efforts to connect with immigrant period with a variety of legal issues, including forming entities, drafting entrepreneurs, including new regular monthly office hours and trainings All new businesses have a host of legal issues to solve right from the Legal Trainings contracts, protecting intellectual property and advising on regulatory offered in Spanish at Fresno’s Mexican Consulate. These office hours have get-go. Most, however, cannot afford prevailing legal fees of $375 an As of the first quarter of 2018, AB2664 funding supported over 40 live/live- compliance. In 2017, AB2664 funding supported 1,536 hours of legal work served 10 businesses owned by low-income immigrants, and approximately hour. Berkeley Law’s New Business Practicum provides legal guidance to streamed legal trainings for East Bay and Central Valley entrepreneurs. for these clients, representing $576,000 in free legal assistance. As of the 40 entrepreneurs attended the training sessions. Together these services entrepreneurs of limited means, helping them manage risks and create Practicum staff and students visit business incubators in the Valley first quarter of 2018, clients were provided with 2,432 hours of legal work, provided about $4,500 in free legal assistance. In addition, students were the kind of clean “legal record” that capital providers demand. to provide service twice per month: first Fridays in Merced and third representing $912,000 in free legal assistance. able to offer a one-hour training in entrepreneur guidance on Radio Fridays in Fresno. These trainings and live office hours, focused on entity Bilingue, a Spanish-language radio program that reaches immigrant Since February 2017, the practicum has combined UC Berkeley and UC formation, capitalization, hiring and other legal matters, provided a total Online Legal Library communities throughout the Central Valley. Merced AB2664 funds to support an additional attorney and dramatically of $30,375 in free legal help to entrepreneurs. Much of the new Practicum attorneys’ time has been spent building a expand its services. In 2018, AB2664 funds have continued to fuel the website that will deliver free, accessible legal guidance to entrepreneurs New Pro Bono Attorney Panels Recruited and Trained practicum’s expansion of legal training and walk-in office hours, Office Hours who cannot afford an attorney. The new website, referred to as OLLIE During the first quarter of 2018, the Practicum recruited and trained seven especially to the diverse communities of entrepreneurs in California’s AB2664 funding enabled the Practicum to provide limited service walk- (Online Legal Library and Information for Entrepreneurs) will help volunteer attorneys to help supervise the law students participating in the East Bay and Central Valley. AB2664 funds have also been used to build an in/call-in office hours to the East Bay and Central Valley every Monday entrepreneurs up their legal game with a variety of resources, including Practicum office hours. These pro bono attorneys will also provide legal online library of legal resources , released to low-income entrepreneurs in and Wednesday afternoon. A total of 190 entrepreneurs received 190 hours short articles, checklists, videos, weblinks, and template forms. OLLIE help to low-income entrepreneurs themselves when students are absent June 2018 and currently in pilot testing. of assistance, which equates to $71,250 in free legal help. Approximately content, created mostly by Practicum attorneys and senior UC Berkeley over the summer. 6 7 KIWI CAMPUS TABLA https://kiwicampus.com/ https://tabladevices.com/ Kiwi Campus is a delivery service that utilizes autonomous robots to Tabla has developed an inexpensive, portable tool to help health care transport food orders. The Kiwi Restaurant Bot takes the food from the providers diagnose pneumonia, the leading killer of children. The counter to the sidewalk, where the driver of the semi-autonomous Kiwi noninvasive device uses acoustics and algorithms to detect fluid in a Trike loads the food into the KiwiBots. The Kiwi Trike holds up to four person’s lung. Kiwi Bots and 20 meals. The KiwiBots are then deployed closer to their destination. Users must enter a code to get their order from the locked The 2017 Grand Prize winner of the Rudd Family Foundation‘s Big bot. Currently, Kiwi Campus is available only in the greater Berkeley Ideas Contest, Tabla was one of 14 recipients of Fast Company’s 2017 area. Innovation by Design Awards out of 2,500 submissions worldwide. The device was honored as one of the most innovative and disruptive design Kiwi Campus was a member of SkyDeck. solutions created to solve today’s most challenging issues. ABC News highlighted the diagnostic device: http://abc7news.com/ health/new-device-may-help-diagnose-pneumonia/2434102/. Entrepreneurs 8 9 FALL 2017 SCET COLLIDER CUP WINNERS 2018 BLOCKCHAIN LAB AWARD WINNERS The first Blockchain Lab student and faculty teams were awarded $50,000 to further their projects and promoting the use of blockchain.5 Students taking entrepreneurial classes at Sutardja Center for Entrepreneurship and Technology (SCET) ended the fall 2017 semester by presenting their end-of-year project at the first Collider Cup competition.4 Team Healthchain created a way to securely store medical files in cases of emergencies FRAMEWORK FOR CRYPTOECONOMIC INCENTIVES 1ST - TEAM HEALTHCHAIN on the Interplanetary File System network (IPFS). This new internet protocol allows users to permanently store their medical information on a decentralized network IN PROOF OF STAKE (POS) SYSTEMS that can be accessed on any browser. Users have access to all of their important y Aparna Krishnan y Maaz Uddin documents in the unfortunate case of an emergency. y Zubin Koticha y Philip Hayes EFFICIENT AND SECURE CONSENSUS y Alexis Gauba y Vishesh Mehta FOR BLOCKCHAIN The team proposed a prototype for creating plant fats and emulsions with natural y Gireeja Ranade 2ND - ADIPOCAPSULES ingredients. DECENTRALIZED NONDETERMINISTICALLY 3RD (TIE) - SOLEA, MARBLE Solea showcased its sustainable fish oil. VERIFIABLE SECURITY Marble Solutions improved fat solubility for plant-based foods.
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