Former Plug and Play COO launches nestGSV incubator
There's a new accelerator in Silicon Valley, but it isn’t your typical accelerator. nestGSV calls itself a next-generation “ecobator” (“ecosystem” and “incubator”).
nestGSV says their “ecobator” model allows all players in the innovation ecosystem to work together under one roof. This collaboration between entrepreneurs, investors, corporations, professional service providers, governments and educational institutions means everyone benefits.
"Our vision is to develop a global standard for entrepreneurship and innovation,” says nestGSV founder and CEO Kayvan Baroumand. “We envision nestGSV becoming the epicenter of Silicon Valley and growing to encompass centers of innovation around the world."
Baroumand was the Chief Operating Officer at the Plug and Play Tech Center from 2006 to 2010.
He recently spoke to the Silicon Valley/San Jose Business Journal about his decision to start nestGSV: “At Plug and Play, our biggest focus was around the startups. However, as we engaged with corporations and other entities to support these startups, I realized that other entities also needed help in their innovation strategies – especially large corporations, governments and universities.”
Baroumand says nestGSV will also offer space and resources to corporations that want their employees to work on a project in an incubator setting.
nestGSV is already working with about 20 companies and organizations, including an Australian trade commission representative from New South Wales, and a program called Progress in Technology Middle East (PITME).
Let’s not forget about the startups.
nestGSV provides assistance to seed stage, venture stage and growth stage startups in Ed tech, health and bio tech, cloud/SaaS/big data, mobile/wireless, software, eCommerce and ePay, gaming and clean tech.
Here’s a summary of the startups currently working with nestGSV:
- 3DBin: A user-friendly / low-cost / high quality software solution for 360° objects photography. It automatically processes and weaves together object or product snapshots to create animated flash files for websites or as a tool for online auctions sites like eBay.
- BigLittleBang: A 'next-level' virtual world for children to have fun and be creative with music, regardless of their musical background. Its objective is to encourage kids 5-15 years old to explore music via gaming in a 3D animated, futuristic space environment.
- CityBlis: A personalized eCommerce platform for SMEs. Currently operating in US/UK/SWE/AUS, the innovation is a combination of consumer spending habits, social networks and data algorithms based on 6 degree of separation theories. CityBlis has created a way for SME's to build personalized web stores inside an online mall.
- Deal Labs: Uses a stack of sophisticated marketing technologies and big data to quickly identify a group of ideal investors – by geography, professional experience, and areas of investment experience, delivering information to make an informed decision. This isn't crowdfunding; it's smartfunding.
- Kngine: An algorithm reads the Web, tries to understand it and retains the knowledge inside Kngine's memory into order to get rid of the links and give users direct answers to their questions. http://youtu.be/OmwZ9bsgVTM
- OtoGo Mobile: Provides a Cloud-based ICT Solution for SMB as one-stop-shop for enterprise-level applications to increase business productivity on-the-go.
- Pocket Literacy: A personalized curriculum and mobile platform for parents of small children.
- ProVital: A medical crowdsourcing platform; powers its mobile medical iOS apps (meds scanner, diabetes supply tracker, derm consult and HIV/AIDS therapy aide), but is also designed as a service-based API for other mobile health application developers.
- Rendewoo: Employs event centric context leveraging users' social cloud to match them with relevant events and people who share their interests and experiences.
- SecondX: Re-inventing the web/TV experience by leveraging real-time data streams and video content, which is organized into channels which can be surfed by smart phones as a remote control for channel changes and feed changes, and as cloud-based Active and Auto surf.
- SMC: A regenerative medicine company focused on developing compounds that optimize the role that carbohydrates play in tissue regeneration.
Xuropa: A cloud computing company powering the migration to the cloud of installed enterprise software applications. Using this platform, enterprise software companies instantly and securely stream their software from the cloud to their world-wide user-base.
nestGSV’s 75,000 sq. ft. Redwood City campus is strategically located between San Francisco and San Jose, just five miles from tech giants Facebook, Google, Oracle and LinkedIn. It also has some pretty attractive amneties, including a gym, sand volleyball court, basketball and tennis courts. And it has a slide too!
For more on nestGSV, go to: www.nestgsv.com