How We Give Back to the Community
We give back to the Southern California entrepreneurship & innovation ecosystem through our foundation, the Octane Foundation for Innovation.
Octane Foundation for Innovation*
Since its inception in 2004, Octane Foundation for Innovation (OFI) has been committed to driving innovation and growth by connecting Southern California tech and medtech startups and small-to-midsize companies with capital, resources and expertise to accelerate their development and growth in diverse economic communities. To help drive these businesses forward, OFI convenes the entire ecosystem to elevate its strength and diversity as a whole.
For more information or to make a charitable contribution to OFI, please contact Janelle Brunette, Chief Administrative Officer at email@example.com.
Formation & Growth of Tech and MedTech Companies
Through Octane’s Non-Profit Accelerator and LaunchPad Accelerator, Octane is committed to helping companies grow and scale in Southern California to create high-paying jobs throughout the region.
Promotion of Economic Inclusion & Opportunity for Underrepresented Populations
Identify and equip the founders and operators that have been traditionally underrepresented in the startup funding ecosystem. These founders are invited to join Octane’s specially-curated ecosystem where they have visibility to investors and can gain strategic connections.
Infusion of Capital into the Regional Economy
As companies form and grow in Southern California, Octane is committed to impacting the amount of capital infused into the local economy with a unique emphasis on those communities not commonly targeted by the entrepreneurship and innovation ecosystem.
Creation & Retention of High-Paying Jobs
Octane is committed to long-term job creation and has pledged to create 22,000+ jobs by 2025 and 55,000+ jobs by 2030. We want to ensure job creation in communities often overlooked by the entrepreneurship & innovation ecosystem.
Our Non-Profit Accelerator program leverages Octane’s award-winning Accelerator program, LaunchPad, and has tailored the process to support the specific needs of non-profits.
Women Leaders of Octane
Focusing on four core outcomes to increase the number of women operated companies, get women operated companies funded, support career development and access to board seats.
Octane STEM Fellows
This program, sponsored by the Broadcom Foundation, identifies university students, from underrepresented groups, with a STEM background with an inclination towards entrepreneurship. The program offers basic entrepreneur leadership concepts, peer interaction, and access to Octane programs and a conference.
This program is funded in part through a cooperative agreement with the US Small Business Administration (SBA). LaunchPad works with tech and medtech companies to amplify their capital funding strategy.
Employee Outreach & Volunteer Days
Octane prides itself on providing employees the opportunity to spend two dedicated days a year volunteering. In addition, we have partnered with OC United Way to introduce the Salesforce NonProfit Cloud to employees.
Since its start in 2019, the Non-Profit Accelerator has helped 5 non-profits increase their impact in Orange County.
4 Goals for Our Women Leaders of Octane Initiative
1. To get more women-operated companies in SoCal through Octane’s LaunchPad Accelerator, an award-winning resource that is provided to companies at no-cost
2. To get more women-operated companies in SoCal funded
3. To support women in their career development and growth by providing access to aligned resources and power networking opportunities
4. To connect women leaders with Public and Private Board seats
Increase the Impact Your Non-Profit Has on the Community.
Increase awareness of your non-profit and enhance your ability to build capacity and create a positive change in the community. Using our proven LaunchPad Accelerator model, your company can explore new ways to sustain your organization and the work it does in Southern California.
- Cohort begins February 26th
- Non- Profit must be Southern California based
- 16 week program designed to increase awareness
- Preference will be given to non-profits with some affiliation to the technology and lifesciences industries.
Thanks to the generous sponsorship from our partner Edwards Lifesciences Foundation, this is a pro bono service.