Entrepreneurism Driven Economic Vitality

What Startups Ventura County Focus on
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About Startups Ventura County

Startups Ventura County (April 20-22, 2018), formerly known as Startup Weekend Ventura County (SWVC), is not a typical startup weekend. Yes, it is an event where entrepreneurs can, over 54 hours, take ideas to a proof of concepts. But it is far more than that. At this event, entrepreneurs get to join forces with intrapreneurs from the two target industries, healthcare and agriculture, to address known challenges and inefficiencies. They will meet and have the opportunity to seek counsel from a number of renowned experts in these two fields. They will have the opportunity to work with graduate and post graduate engineering, science and business students from nearby universities on their proof of concepts. And they will be given the platform to present their solutions to a panel of technology, healthcare and agriculture CEOs. The companies these CEOs represent are candidates to become their endorsers, customers and/or partners. The winner, selected by our CEO panel, will be awarded a cash prize of $20,000, in-kind prizes worth over $5,000 and a one-year use of our cowork space in Camarillo, CA. The only restriction is that the winner must incorporate to received these awards.

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Agriculture

From mechanized feedlots to automatic irrigation systems to agricultural machinery, North American agriculture has become increasingly industrialized, placing ever-greater demands on fossil fuel, water and topsoil resources. Monoculture, the practice of continually planting the same solitary crop on one plot of farmland, removes nutrients from the soil that must be replenished with additional fertilizers. The United Nations estimates that one-third of the world’s food goes to waste, either during agricultural production, post-harvest handling and storage, processing, distribution, or consumption. Recent tightening on immigration policy has drastically cut down on the nation’s imported workforce at a time when very few Americans have any connection to farming let alone a desire to work on one ….  Seedstock.com

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Internet of Things

IDC in 2014 stated, “IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries. The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.”

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Healthcare

Health care spending in the U.S. far exceeds that of other high-income countries, though spending growth has slowed in the U.S. and in most other countries in recent years. Even though the U.S. is the only country without a publicly financed universal health system, it still spends more public dollars on health care than all but two of the other countries. Americans have relatively few hospital admissions and physician visits, but are greater users of expensive technologies like magnetic resonance imaging (MRI) machines. Available cross-national pricing data suggest that prices for health care are notably higher in the U.S., potentially explaining a large part of the higher health spending. Finally, despite its heavy investment in health care, the U.S. sees poorer results on several key health outcome measures such as life expectancy and the prevalence of chronic conditions. Mortality rates from cancer are low and have fallen more quickly in the U.S. than in other countries, but the reverse is true for mortality from ischemic heart disease.