CommNexus Forms Non-Profit to Support Innovative Start-up Companies and Entrepreneurs in Communications and Communications Convergence
San Diego, CA (PRWEB) June 17, 2009 -- CommNexus and Leap Wireless, International, Inc., the parent company of Cricket Communications, Inc., a leading provider of unlimited wireless services, today announce their support for EvoNexus, a non-profit incubator dedicated to helping San Diego start-ups in the communications and communications convergence industries evolve into sustainable and vital companies.
Operating as a sister organization to San Diego communications industry group CommNexus, EvoNexus is designed to create a center of excellence for entrepreneurs starting companies dealing with communications and communications convergence such as wireless-life sciences and wireless smart grid. EvoNexus will house up to 10 start-up companies for up to 24 months in an "incubator" facility. Participating companies will be provided office space, access to tools and equipment, utilities, education and mentoring from industry professionals while they are part of the program. Upon graduation from the incubator, companies will be under no obligations to EvoNexus, financial or otherwise.
"San Diego needs this," said Rory Moore, CEO of CommNexus. "Some of our best and brightest can't find jobs. Our start-ups are struggling to get local access to funding. EvoNexus is a rallying point for our community to be proactive towards developing successful companies irrespective of the challenges we face."
As a part of their founding sponsorship, Leap Wireless will be donating Sorrento Valley facilities spa
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