| Vision & Motivation |
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The Venture Acceleration Initiative is a new organization designed to support faculty and other campus entrepreneurs pursuing new ventures based on technology breakthroughs at UCSB. The services provided include entrepreneurial consulting, business networking and access to seed funding to proactively accelerate the start-up process. The VAI program will lead to direct benefits for the university and its partners in terms of accelerated technology transfer, enhanced profile, motivated faculty and future goodwill. It is also envisioned that the resulting increase in the volume and rate of new venture creation at UCSB will have wider economic and societal impact in terms of faster access for society to high-value technologies, increased regional job creation, sustained global competitiveness and a richer pool of investment opportunities for capital providers. |