Tech Transfer eNews Blog

UC-San Diego teams up with incubator to launch new fintech start-ups

By Jesse Schwartz
Published: June 19th, 2019

The University of California-San Diego (UCSD) is teaming up with local start-up incubator EvoNexus to support entrepreneurs who are focused on financial technology, or “fintech.”

Through the partnership, UCSD aims to encourage more of its students and alumni to enter EvoNexus’ new accelerator program, which was created strictly to help develop and launch fintech start-ups.

Robert Sullivan, dean of the Rady School of Management at UCSD, comments, “What Evo needs are the best and brightest ideas coming from start-up companies, and that’s exactly what we produce. In San Diego, we can create an industry in finance through the use of technology. This is an opportunity to do that.”

According to EvoNexus CEO Rory Moore, UCSD has already been a valuable source of entrepreneurs for the incubator, with 19 founding teams that came from the university. Overall, Moore says, “the success rate of ventures from UCSD is stunning.”

The two entities are looking for technologies from a wide range of disciplines related to fintech, including analytics, data science, blockchain, cybersecurity, mobile payments and insurance technology.

Source: Government Technology

In Impact and Performance of University-Linked Business Incubators and Accelerators: World Benchmark Report, you’ll get critical data extracted from 259 incubation programs worldwide – and learn how your program compares while identifying areas for improvement. For complete details, CLICK HERE.

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