SOUTHERN CALIFORNIA’S LEADING STARTUP TECHNOLOGY INCUBATOR
EvoNexus produced record results in the three quarters of 2019 of $141,000,000 of portfolio investments, following our record breaking 2018 full year results of $226,000,000. Based on the recent fundraising performance of our portfolio, 2019 is now a record year for securing long term corporate partnerships, providing financial support for SoCal’s leading technology incubator. EvoNexus has had a 60% growth over the last 6 months in yearly sponsorship commitments. Given the momentum created by these accomplishments, EvoNexus, a non-profit organization, has decided to significantly reduce the equity requirement from startups entering our unique program. The new requirement is now 1% of Common shares upon admission, a substantial reduction from our 4-5% range. The organization believes the 1% de minimis equity requirement will help assure the continued growth of the value of our portfolio.
EvoNexus is Southern California’s leading startup technology incubator and hub for the startup community with locations in San Diego and Irvine. We empower motivated entrepreneurs to turn their transformative ideas into fundable, commercially-viable companies.
EvoNexus is supported by corporate investors, including some of the largest multinational corporations in the world. Its startups enjoy Class A office and dry lab space provided by California’s leading real estate developer, The Irvine Company.
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