About InNEVator 2019-12-09T19:53:05+00:00

Launched in 2017, InNEVator is fueling the creation of successful, early-stage startups and helping build a thriving ecosystem in Northern Nevada. 

We work closely with carefully selected companies solving important problems and with the potential to scale. While most accelerators manage the masses, we take a more hands-on approach. We provide a team of experts and their undivided attention to founders and their teams. We have the resources to accelerate success through our collaboration with industry leaders, the Innevation Center, and the University of Nevada, Reno.

Resource Ingenuity
We are a group of founders helping founders. We are cost-conscious and we are savvy.

Collaboration is Critical
We are advisors, not bosses. All ideas are encouraged. We partner with business and technical leaders in our community, entrepreneurial service organizations, incubators, and investors in helping startup companies address their challenges.

How the West Was Won
We are pioneers and we take risks. We try to move at the speed of startups.

Is to empower a diverse group of talented entrepreneurs to bring new technologies to market from ideation to scale in Northern Nevada.

FAQs

Where is InNEVator located?

The University of Nevada, Reno Innevation Center—Powered By Switch. All companies must be present to participate.

When does the program occur?

Once in the Spring and once in the Fall. Follow RenoInNEVator.com for updates.

How many companies are usually selected per program?

Three to five companies are usually selected per program. We choose the right companies, not a specific number.

What’s the deal?

Each company will provide notes or equity in exchange for a minimum cash investment of $20,000.  In addition, to help cover our costs to put on this program, each company will provide notes or equity in exchange for $15,000 equivalent of in-kind services. In reality, we spend twice this amount on each company.

Do we need to be a US C-Corp?

Our preference is to fund companies that are C-Corps, but we have put together funding instruments that allow for incorporation during the program.  We have also invested in some non-US companies that have the equivalent structure of a C-Corp.

How will you value our company?

Depending on the status of the company, the valuation or cap can range between $800k and $3.5M.  At the higher end, we need to see investment from accredited investors to back up the valuation. We strive to make a deal that works for everyone.

Grace Chou
Grace ChouCo-Director, InNEVator
Director, Innevation Center
Jim Sacherman
Jim SachermanCo-Director, InNEVator
Entrepreneur, Investor, Mentor
Crystal Harvey
Crystal HarveyProgram Manager, InNEVator
Assistant Director, Innevation Center
Meg VanDeventer
Meg VanDeventer
Partner Engagement Lead, Blockchains LLC
Matthew Digesti
Matthew Digesti
Vice President, Blockchains LLC
Jacqueline Morck
Jacqueline Morck
Founder & CEO, Totem
Allison Clift-Jennings
Allison Clift-Jennings
Co-founder & CEO of Filament
Aaron Klein
Aaron Klein
Founder and CEO of BlocWatch
Shahriar Badsha
Shahriar Badsha
Assistant Professor, Computer Science & Engineering, University of Nevada, Reno
Dongfang Zhao
Dongfang Zhao
Assistant Professor, Computer Science & Engineering, University of Nevada, Reno
Jeff Saling
Jeff Saling
Co-founder & Executive Director, StartUpNV
Rick Winfield
Rick Winfield
Partner, Reno Seed Fund
Scott Levy
Scott Levy
Entrepreneur, Investor, Mentor
Kevin Lyons
Kevin Lyons
Co-founder & CEO, FlashVote
Bryan McArdle
Bryan McArdle
VP of Entrepreneurial Development, EDAWN
Katie Remanko Freeman
Katie Remanko Freeman
Program Manager of Entrepreneurial Development, EDAWN