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Sep 23, 2018
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Campus innovation accelerator accepting applications until Aug. 1

The Valley Ventures Accelerator at Fresno State is accepting applications for its third cohort of emerging companies in the water, agriculture and energy technology fields, according to a Fresno State News. Deadline to apply is Aug. 1.

According to a news release, eight to 12 companies will be selected to participate in three two-day sessions beginning in September. Participants will take part in exercises and learning modules led by professionals, investors, industry experts, successful entrepreneurs and target consumers.

“The fall session will culminate in November with an open-pitch demonstration to the public, industry members, campus faculty and potential investors,” according to project coordinator Benjamin Francis.

Companies accepted into the program “must demonstrate the potential to have regional and industry economic impact, along with the ability to improve the efficient use of scarce natural resources,” Francis added. In its first full year, the program helped 25 companies achieve $10 million in sales and attract $9 million of investment capital, according to the release.

The three-year accelerator program is coordinated by the International Center for Water Technology at Fresno State. Funding was provided by a $500,000 federal grant through the Regional Innovation Strategies Challenge and Seed Fund Support Grant competition and the BlueTechValley innovation cluster funded by the California Energy Commission, the release said.

More information is available at www.valleyventures.org or from Francis at 559-270-7121 or bfrancis@mail.fresnostate.edu.

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