Day: November 3, 2015

UBI Recognizes LACI as One of Two High Impact Incubation Programs

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Toronto, Ontario, Canada (November 3, 2015) – At the UBI Awards and Networking Event in Toronto on November 3, 2015, it was announced that the Los Angeles Cleantech Incubator (LACI) was recognized as one out of only two High Impact Incubation Programs in North America, based on UBI’s Global Benchmark Study of 2015. LACI was noted for its contribution to the growth of its local economy by catalyzing job creation, providing high-quality incubation services to its client startups, especially on access to fund indicators.

LACI has also been shortlisted for the UBI Global World Rankings Announcement for Top University Associated Business Incubators 2015 on December 15 in Stockholm, Sweden.

This is the second consecutive year LACI has received an honor from UBI’s world-renowned rankings, as the 4 year old incubator was recognized as the #6 Incubator globally by UBI in 2014, from over 800 candidates in 67 countries.

Based on the one of the most comprehensive frameworks to measure incubator performance, UBI Index examines over 66 distinct criteria to determine each incubator’s economy enhancement performance, such as job creation and talent retention, value for their client base, such as access to funds and competence development, and the client’s post-incubation performance (see www.ubiindex.com  for details).
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A New International Partnership in Support of Cleantech Entrepreneurs

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Los Angeles Cleantech Incubator and MaRS Cleantech announce a new international partnership in support of Cleantech entrepreneurs

LOS ANGELES, CA (November 3, 2015) — Tuesday was the dawning of a new international collaboration as the Los Angeles Cleantech Incubator (LACI) and MaRS Cleantech, a division of MaRS Discovery District in Toronto, have announced an co-operation agreement aimed at increasing the adoption of clean technologies and the advancement of a sustainable future for both cites.

LACI and MaRS Cleantech will focus on several joint programs aimed at advancing cleantech innovation globally, including the development of a reciprocal “Landing Pad” program, enabling cleantech entrepreneurs to access programming, networks and platforms to assist companies in both Canadian and California markets.

In addition, the partnership will concentrate on projects such as the development of LACI’s Network for Global Innovation (NGIN), which brings together innovation institutions around the world to provide access to customers and investors worldwide, share best practices and accelerate the commercialization of clean technology on a global scale.

The agreement was signed at the new La Kretz Innovation Campus in Downtown Los Angeles in an event co-hosted by VerdeXchange and LACI that featured remarks by Los Angeles Mayor Eric Garcetti and Ontario Premier Kathleen Wynne, and a panel discussion featuring the topic Cleantech Collaboration: California and Ontario, Canada.

“We’re delighted to announce this collaboration between hubs in Toronto and Los Angeles during Ontario Premier Kathleen Wynne’s visit to California,” said Dr. Ilse Treurnicht, CEO, MaRS. “Partnering with LACI will create opportunities for innovative cleantech companies in Canada and California to collaborate and grow globally.”

“We are thrilled to be entering into this co-operation agreement with one of Canada’s premier innovation institutions,” said Fred Walti, CEO, LACI. “Both LACI and MaRS are dedicated to helping cleantech innovators get their ideas to market — no matter where in the world that market is. This is an exciting example of the best kind of collaboration between two technology leaders and important trading partners.”
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