Turning Ideas into Reality
Entrepreneurship is part of Boulder’s essence. Helping creative people turn their big ideas into reality is a collaborative effort involving a number of individuals and organizations in the city.
The Boulder Innovation Center (BIC) is a “virtual business incubator” that serves as a catalyst, providing assistance and expertise needed to help launch business ventures. They work closely with the University of Colorado’s Technology Transfer Office and researchers seeking ways to license the technology they develop. The BIC helps determine the commercial viability of technology and when appropriate, provides assistance with recruiting management teams, writing business plans, and raising capital.
Innovation is embraced throughout the University of Colorado. The university’s Deming Center for Entrepreneurship at the Leeds School of Business has been nationally recognized as one of the nation’s top colleges for entrepreneurs. Collaboration between the Deming Center, Boulder Innovation Center and CU Technology Transfer Office have established what Deming Center Executive Director Paul Jerde describes as “a model for the intersection of entrepreneurial creativity, technology innovation, and students.”
Also located in Boulder, CO-LABS is a coalition of federally funded scientific laboratories, universities, businesses, local governments, and legislators that work together to establish Colorado as a global leader in research, technology, and technology transfer. With one of the nation’s highest concentrations of science, research, and engineering facilities, Colorado is uniquely positioned to facilitate the kind of dynamic information exchange that can impact global competitiveness.
Quickly becoming one of the country’s top startup hubs, TechStars is a mentorship-driven seed stage investment fund located in Boulder. The fund was founded in 2006 by David Cohen, Brad Feld, Jared Polis, and David Brown. TechStars accepts 10 companies each summer to work with, providing advice on product and strategy, as well as connections to potential partners and customers.