WHAT IS INNEVATOR?
InNEVator is an eight-week fully funded startup accelerator for early-stage technology companies hosted by the University of Nevada, Reno Innevation Center—Powered By Switch. Our goal is to accelerate the growth of Reno’s tech ecosystem by attracting and supporting high-growth technology startups to the Reno community. Companies selected to participate in the InNEVator will work directly with experts to accelerate product development, go-to-market strategy, customer engagement, and other aspects of business. Mentorship and introductions to investors are core elements of the bootcamp.
The program will culminate in a public pitch event at the Reno Venture Conference, to be held on April 21-22, 2020, where each startup company will pitch to an audience of investors and the Reno startup community.
Mentorship: Small cohort size enables high-quality mentorship. Our team is here to help you overcome the many challenges early stage companies face.
Technology: Our experts in software, cloud, cybersecurity, and blockchain technology will help guide you in developing a robust platform.
Markets: We understand use-cases in both public and private sectors to help you explore beachhead markets for your project.
Customer Engagement: First customers and market validation are essential. We’re here to connect you with potential customers for valuable pilot projects and market feedback.
Financing: We provide funding for startups accepted into the InNEVator, and during the program, we help you prepare for your next round of financing and provide introductions to seed and angel investors.
Legal: Nevada is a leader in blockchain legislation. Our mentors helped shape the regulatory landscape and are here to help you take advantage of our progressive environment, not to mention guide you on intellectual property issues in the space.
PRESENTED TO YOU IN COLLABORATION WITH
Technology companies are moving to or establishing operations in the Reno-Tahoe region and it’s no accident. Built on a foundation for the growth of technology, some of the biggest names in technology such as Apple, Google, Amazon and Tesla have already established operations in our region. We’re also seeing a flurry of startup activities in our region, from fintech to cybersecurity to IoT and blockchain.
In our Reno-Tahoe ecosystem, we have some of the most innovative blockchain companies including Figure, GoChain, CorCom, BlocWatch, Titan Seal, and Blockchains LLC, just to name a few. These companies are here in part because of our progressive regulatory environment. Our County was the first in the nation to embrace blockchain to deliver marriage certificates. We have greenfield opportunities for you to explore!
Reno also echoes the qualities desired by many young entrepreneurs and creatives – quality of life, affordable cost of living, a bursting art and food scene, and an abundance of outdoor activities having Lake Tahoe and several world-class ski resorts all within one-hour drive.
Nevada is a leader in blockchain legislation. In 2017, Nevada became the first state to pass legislation that recognizes blockchain and smart contract technologies. Nevada was also the first state to ban local governments from taxing blockchain use.
Earlier this year, Nevada passed four new bills to help remove barriers to adoption of blockchain technology by both private and public sectors. This new suite of legislation establishes a regulatory FinTech sandbox, defines a public blockchain, exempts virtual currency from property taxes, and clarifies provisions related to the use of blockchain by government agencies and businesses. See more details about Nevada’s new blockchain legislation.
Aside from being a blockchain-friendly state, Nevada has great assets to build a startup – a compelling tax structure, affordable office space, business-friendly environment, and proximity to key innovation hubs in California.
Applications for the Spring cohort have closed
BlockGold Sponsors will be announced prior to Spring 2020 launch.
BlockSilver Sponsors will be announced prior to Spring 2020 launch.