The CITRIS Foundry Innovation Incubator empowers top entrepreneurs from the University of California to build transformative companies that will have a significant impact on the world. This on-campus program is headquartered at UC Berkeley and leverages the resources and expertise inherent in both our local innovation ecosystem and our global collaborations to support new ventures, social enterprises, and tech transfer pathways that can influence and impact entire industries.
WHAT ARE THE ELIGIBILITY REQUIREMENTS?
Team Size | You are a team of 2 – 5 founders and have technical expertise in proposed venture’s core innovation.
Type of Innovation | Your project is based on an innovation in the discipline of information technology, biological or physical sciences, or other engineering field.
Readiness Level | Your venture has raised no more than $500,000 in debt or equity funding from non-governmental sources at the time of application.
Affiliation | One founding team member must have one of the following affiliations with one of the CITRIS UCs (UCD, UCB, UCSC, UCSF, UCM): current graduate student, undergraduate student, post-doc, faculty, staff, recent (< 3 years) alumni, visiting scholarship.
WHAT DO WE LOOK FOR?
Passion for Implementation | You have a strong desire to see your innovation actually implemented in the market and will stop at nothing to make real impact. You are excited to grow personally and professionally, to develop new skills and concepts to best support your chosen venture.
Emerging Technology & Expertise | Your proposed project is on the cutting edge of technology innovation or your project’s technology has never been implemented in the complex system you’ve identified. Your team’s background and technical expertise are uniquely suited for deploying your innovation.
Participation & Engagement | You are eager to utilize the resources available to you through this program and our mentors, coaches, and support are critically necessary to set your venture up for success and meaningful impact.
WHAT IS THE APPLICATION AND INTERVIEW PROCESS?
Online Application | The Spring 2020 application will be open on November 15, 2019.
Deliberation | The CITRIS Foundry Team will contact you within two weeks of application close to inform you of whether you have advanced to the in-person interview.
Interviews | Video interviews will be conducted through Zoom will consist of a 30-minute meeting focused on learning about your team and innovation.
Orientation | Once you are accepted into the Spring 2020 Cohort, you will be invited to a half-day orientation for on-boarding, meeting your fellow Cohort Teams, and more!
Equity | No, we do not take any equity in any of the ventures supported within the CITRIS Foundry Incubator.
Intellectual Property | All projects with IP developed outside of UC own that IP, regardless of affiliation with CITRIS Foundry. Ownership of IP developed during program and conducted utilizing specific UC Berkeley lab facilities will be treated on a case by case basis depending on user facility agreement.
Incorporation | Legal incorporation of project prior to or during program is not required. We have several resource options for incorporation support available as needed.
Time Commitment | Full time (40 hr/week) engagement with the program is not required, but we do expect a minimum level of attendance for specific workshops and mentorship meetings that will be outlined during the interview process.