|Award Category:||Place + Innovation|
|Project Site:||Launch Alaska|
|Submitted By:||University of Alaska Center for Economic Development|
|Contact:||Nolan Klouda , 907.786.5458|
Launch Alaska provides an intense training program, mentorship, and financing to help early-stage entrepreneurs create scalable ventures. Launch Alaska is modeled after highly regarded accelerators in the Lower 48 such as Techstars in Boulder, Colorado, which has been instrumental in launching high-profile successes such as Uber, the ride-sharing service.
In its first year of operation, Launch Alaska acquired an SBA Accelerator Grant, funded 5 startups, ran a 3-month educational program, built a mentor network with over 40 mentors, helped 3 of its companies get follow-on funding, and funded operations for the next 3 years through a variety of DoD grants.
UEDA Awards of Excellence Finalists presented at the Annual Summit in Long Beach on October 2-3, 2017. Summit attendees then voted for the best initiative in each category.