2019 IMPACT REPORTSTARTUP LAUNCH TECH SBDC

It was the end of a decade, but the start of an age. Thank you!

2019, a year of WINS!

T O P 3A R E A S O FA D V I S I N G

1 Business Strategy & Monetization

2 Technical Product Development

3 Marketing & Sales

21We hosted

training events

790jobs supported

190 jobs created + 600 jobs retained =

These services are provided at NO COST and NO EQUITY to our founders!

42Businesses

Started

$18M74 companiesin capital infusion between

That’s an average of $240K+ per company!

1,827Hours of high- impact advising

355+Startups received

one-on-one advising

129Monthly

advising sessions

3722 startups hired

L.A. Tech Talent Pipeline interns

Alm

ost 598 active startups participating in our

program= 100 startups

Talent is equally distributed. Opportunity is NOT.

Nearly 49% of our entrepreneurs are underrepresented in tech!

*Compared to the national average of 5% of tech incubators

0% 5% 10% 15% 20% 25% 30%

Female

African-American

Latinx

Asian

Founder DemographicsProgram Highlights

O U R I M P A C T A C R O S S T H E Y E A R S

#DiversityMatters #WeAreLA #WomenLeadingtheWay

10

20

30

40

50

60

70

2015 2016 2017 2018 2019

Black or African American LatinxAsian

50

100

150

200

250

300

350

2015 2016 2017 2018 2019

Females Served Clients Served

A F E W H I G H L I G H T S . . .

Posible LAPosible LA

¿Hablas español? We now speak seven languages across our advisory team. Bixel Exchange moderated panels at the biggest Latinx small business conference in L.A. Demystifying tech and succession planning were among the topics covered at Posible LA. We look forward to serving more bilingual companies across L.A.

Bixelite of the Year AwardBixelite of the Year Award

At our last coworking day of 2019, we held our first pitch-off competition. Credit Starter was awarded the Bixelite of the Year award for embodying the Bixel spirit in their company, mission, community involvement and impact.

O U R P U R P O S ETalent is equally distributed, opportunity is not. We empower ALL tech entrepreneurs to launch and sustainably scale their companies through no-cost, non-equity advising,

customized programming, and access to resources and community.

Bixel on the RoadBixel on the RoadThe Startup LAunch core team of three was spotted attending, hosting, speaking and participating in 70+ community events, conferences, workshops, and meet-ups across L.A. We continue to focus on what we do best, providing our founders with one-on-one advising and resources all across L.A.

Advisor ExpansionAdvisor ExpansionServing 400 companies a year is no easy task, but having diverse, passionate expert advisors is key to the work we do. That’s why in 2019, we expanded our advisory team from 15 to 40 advisors. The Bixel Advisory Team specializes in four core areas of growth: Product, Marketing, Team and Money.

Tracks, Tracks, TracksTracks, Tracks, TracksMeasuring our impact and startup progress is crucial to understanding the efficiency of our team, advisors and programming. This is why we classify our startups in three tracks: Early Stage, Mid Stage and Investor Ready. We help startups hit milestones efficiently!

O U R C O R E T E A M

O U R A D V I S O R S

Craig Wilson

Ed Lee

Lizzy Okoro

Austin Clements

Solamon Estin

Vikram Jadhav

Anastasia Tareh-Ellis

Robin Lee

Shirin Salemnia

Renee Cohen

Freya Estreller

Mark Kapczynski

Greg Toroosian

Jay Tsao

Frank Aguirre Stacy Cumberbatch

Jocelyn Graf

Daniel Kawah

Tova Mac

Eric Sarabia

Adam Chapnick

Wade Eck

Tina Hossain

Douglas Korte

Lauryn Nwankpa

Sonata Taman

Brett Dickstein

Shivani Honward

Nina Klein

Wesley Newburg

Megan Sette

Craig Wilson

Roberto Martinez

Barbara Bickham

Sebastian De Vivo

Tracy Gray

Ronette Kite

Steve Sedlic

Juan Vasquez

Erin Kapczynski

Julie Zwissler

Elianne RodriguezProgram Manager

Startup LAunch Tech SBDC

Kat YalungDirector

Startup LAunch Tech SBDC

Emily HansenAssistant Operations

Startup LAunch Tech SBDC

P O W E R E D B Y

C O M M U N I T Y P A R T N E R S

Bixel Exchange is the Center for Innovation & Technology at the Los Angeles Area Chamber of Commerce.

#ItTakesAVillage to raise a startup!

LatinapreneursLos Angeles