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Novacomm

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Nonprofit Overview

Causes: Economic Development, Urban & Community Economic Development

Mission: Novacomm's mission is to create jobs and educate southern california's high-tech community at large, primarily through the evonexus incubator.

Programs: Evonexus is a leading non-profit high-tech trade organization and incubator with locations in san diego and irvine. Our mission is to stimulate the growth of new high technology companies in our region. Evonexus is southern california's only community-supported, fully pro-bono technology incubator. We provide full services - furnished office space, domain experts and mentors, and the opportunity to leverage our wide network of business and vc contracts - to start-up companies striving to achieve sustainability. And unlike many other incubators, we provide these services entirely free of charge. Our incubator companies are under no financial or ip-related obligation to evonexus when they graduate. Evonexus' statistics to date:- established october 2009- 1,453 applications received, 163 companies in our portfolio- $1. 3b in total funding and acquisition outcome by companies- 85% of portfolio companies are still active- 48 companies currently incubating- 18 acquisitions- 2,500+ jobs created

marketlink is an opportunity for companies to initiate and develop strategic relationships with leading multi-national corporations. This unique and powerful program introduces participating companies to top-level executives searching for new products and technologies, all at no cost to the applicant. The program is a highly efficient and effective vehicle for connecting industry giants with quality companies developing the latest technology and products. Marketlink has connected innovative companies with multi-national corporations such as hp, lg, zte, motorola solutions, and huawei in a targeted and extremely time-efficient manner.

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