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Cambridge Innovation Center (CIC) is an American community of entrepreneurs. [1] The company was founded in 1999 by Massachusetts Institute of Technology (MIT) graduates Timothy Rowe and Andrew Olmsted. Its campuses are a mix of startups, corporate innovation spin-outs, and venture capital funds. [2]
St John's Innovation Centre is located approximately 3 km to the north of Cambridge city centre, close to junction 33 of the A14, and around 700 metres from Cambridge Science Park. St John's Innovation Centre is located squarely within the area known as Silicon Fen .
Cambridge Science Park Cambridge Business Park St John's Innovation Centre Peterhouse Technology Park Melbourn Science Park Granta Park Cambourne Business Park. Silicon Fen or the Cambridge Cluster is a collective name given to high tech businesses focused on software, electronics, and biotechnology, including Arm and AstraZeneca, in and around the city of Cambridge in England.
The first seed accelerator was Y Combinator, started in Cambridge, Massachusetts, in 2005, and then later moved to Silicon Valley by Paul Graham. [3] It was followed by TechStars (in 2006), Seedcamp (in 2007), AngelPad (in 2010), Startupbootcamp (in 2010), Tech Wildcatters (in 2011), several accelerators of SOSV, Boomtown Boulder (in 2014) and Antler (in 2017).
Social venture capital is a form of investment funding that is usually funded by a group of social venture capitalists [1] or an impact investor [2] to provide seed-funding investment, usually in a for-profit social enterprise, in return to achieve an outsized gain in financial return while delivering social impact to the world.
Different organizations typically focus on specific parts of the ecosystem function and startups at their specific development stage(s). [ 1 ] [ 2 ] [ 3 ] Emerging startup ecosystems are often evaluated using tangible metrics like new products, patents, and venture capital funding.
The company was founded in Cambridge in 1999 by Noubar Afeyan and Ed Kania under the name NewcoGen (short for "new company generation"), but later changed its name to Flagship Ventures, and again in 2016 to Flagship Pioneering. [2] Several of the initial partners and executives had previously been with the venture capital firm Morgan Holland. [8]
The Venture Incubation Program (VIP) is open to full-time degree-seeking students and select alumni of any of the Harvard schools that are working on an entrepreneurial or innovative ventures. [10] The 12-week program has fall, spring, and summer cohorts. As of November 2018, 1,146 VIP student teams have participated. [11]