Array of Startups Coming for Training and Mentoring at the Third Annual California Program for Entrepreneurship at Santa Clara University

SANTA CLARA, Calif.–(BUSINESS WIRE)–The third annual California

Program for Entrepreneurship at Santa Clara University hopes to be a

fresh launching pad for 32 entrepreneurs involved in startups ranging

from a flying-robot retrieval system; a mobile-phone dating service; a

cutting-edge surgical-glue venture, and a travel and safety app for

hikers.

CAPE is a program provided and sponsored by the Center for Innovation

and Entrepreneurship at Santa Clara University’s Leavey School of

Business. It was created to help new or growing California businesses

get to the next level as employers and contributors to California’s

economy.

This year’s class of entrepreneurs, who were accepted to the competitive

and partially subsidized program in early July, recently began their six

months of specialized training and mentoring from Santa Clara University

faculty and coaches. Much of the work is “virtual,” but they also will

attend five rounds of classes on-site at SCU’s Silicon Valley campus:

four on weekends and one over a week in September. Each will also

compete in a $5,000 business-plan competition in November.

“Each year we help more entrepreneurs turn their innovative ideas into

businesses that create jobs, opportunity, and prosperity in California,”

said S. Andrew Starbird, dean of the Leavey School of Business at Santa

Clara University. “We are especially proud that this year’s cohort— our

largest ever —includes a contingent of recent SCU engineering grads who

are already at work turning their senior design projects into business

ventures.”

The CAPE program has helped dozens of companies who attended in prior

years reach the next stage of their growth plans. All 41 entrepreneurs

of the previous cohorts are still actively pursuing CAPE ventures, with

some securing next-round funding, others reaching sales milestones, and

others receiving buyout offers.

Other businesses being undertaken by this year’s CAPE participants

include apps and cloud projects; a coffee roasting business; an Internet

advertising and market research firm; a bio-nutritional soil treatment

project; and small-home-care for seniors. More on the program is

available at http://www.scu.edu/business/cie/About-CAPE.cfm.

About the Santa Clara University School of Business

The Leavey School of Business at Santa Clara University began in 1923,

and was one of the first business schools in the country to receive

national accreditation. Its undergraduate business, MBA, and Executive

MBA programs are consistently ranked among the top in the nation by

BusinessWeek, U.S. News, Princeton Review, and others. The curriculum at

all levels emphasizes the leadership role of business in creating

prosperity within an ethical framework, as well as business

responsibilities for social justice and sustainability in the global

marketplace. The School opened its $49 million building for

undergraduate, graduate, and professional business education in Fall

2008. For more information, see www.scu.edu/business/.