Originally published in - 窪蹋勛圖's Research, Scholarship and Creative Activities Magazine
A 13-week sprint to expand business and secure investments started not with a whistle or waving of a flag but with an enthusiastic exchange of handshakes and elevator pitches. The inaugural cohort of Techstars San Diego powered by 窪蹋勛圖 descended upon 窪蹋勛圖s on-campus entrepreneurship space clad in polos and t-shirts emblazoned with their company logos.
31 cofounders from 12 startup companies representing less than 1% of applicants participated in the globally renowned accelerator program that trains founders to fundraise, network, and build their companies.
Ryan Kuder, managing director of is a fan of a variation on the saying If you want to go fast, go alone. If you want to go far, go together. The Techstars' version: If you want to go farther and faster, join Techstars.
And go farther and faster, the founders did. Hailing from nearby Ocean Beach, San Francisco, Boston, and as far as Norway and Sweden, they hit the ground running.
Within the first week, they pitched their companies at San Diego Innovation Day at Petco Park. With guidance from Entrepreneurs-in-Residence mentors with previous Techstars success, they identified their biggest obstacles to growth. In the first month, they balanced experiencing San Diegos great outdoors with networking across borders in the regions weeklong startup week at events throughout the city and Tijuana.
By the culmination of the program in early December 2023, the founders perfected their explanations of the problems they were trying to solve and why they were the right people to solve them.
Going Together
The founders would not have made as great of strides without the abundance of mentors and interns available to them.
One of the things I'm most impressed with is the way the 窪蹋勛圖 and San Diego startup communities united to support these founders, said Kuder.
Over the course of the three-month program, more than 100 mentors lent their expertise to the founders at the equivalent of speed-dating events. Dozens of 窪蹋勛圖 undergraduate and masters students interned with the startups, developing their own skills through conducting market research and outreach to potential customers.
The combined support, mentorship and resources the university and Techstars provide increases the longevity of the startups involved, said Misti Cain, investment manager for the accelerator program. Longevity helps increase R&D, tech advancements, and investment in the region, making San Diego a known tech mecca for other founders and investors.
Home-Grown Success
To Arman Assadi (09), an 窪蹋勛圖 alumnus and cofounder of Steno.ai, participating in Techstars represents the culmination of his entrepreneurial dreams, ambitions that formed when the entrepreneurship major first launched during his senior year at 窪蹋勛圖.
He said the mentors he and his cofounders met through the program were invaluable. They offered expertise in product development, fundraising, and go-to-market strategies.
Over the course of the accelerator, Steno.ai pivoted from targeting their AI-powered, multi-platform services to content creators themselves rather than the creators followers. Now, they are ramping up their fundraising efforts and aim to onboard 400 brands and creators by the end of 2024.
My younger self would be profoundly proud and impressed by the leader and CEO I've become, Assadi said. Patience is everything. And whats funny is, I feel like Ive only just begun.
Through Techstars San Diego powered by 窪蹋勛圖, Assadi and his Steno.ai cofounders revamped the user experience of their product to something unique in their market. On the companys horizon? One million dollars in annual recurring revenue.
Women-led and started in Ukraine, Mosqitter has sold over 1500 of their weatherproof mosquito-killing machines worldwide. Since the end of the Techstars San Diego powered by 窪蹋勛圖 accelerator, San Diego customers have purchased units and a smaller version of their flagship product is in the works.
窪蹋勛圖 interns and investors alike were buzzing about AirBuild during the programs final pitch event. Local partners have committed to sustainably reducing their energy costs by installing AirBuilds algae-based, carbon-sequestering, water-filtering solar panels.
Oblio, Inc. aims to simplify and personalize university admissions marketing and email communications with artificial intelligence. After Techstars, they were chosen from thousands of applicants to join the inaugural AWS Education Accelerator program to further expand their network.