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Inspired by technology coming out of the Labs <br />and the entrepreneurial culture of the Tri - <br />Valley, several groups have formed in the last <br />decade to encourage ongoing collaboration <br />and innovation within the community. <br />r-� <br />TRI -VALLEY <br />V E N T U R E S <br />Tri -Valley Ventures (TVV) is the region's first <br />and only dedicated venture capital fund, <br />and provides an organized vehicle for local <br />individuals to invest in, and benefit from, <br />the success of privately -held Tri -Valley <br />companies. Managed by a group of local <br />investors and experienced entrepreneurs, TVV <br />leverages its well-connected network to find <br />the most promising early-stage companies <br />in the Tri -Valley, and fund them early, with <br />the ultimate goal of supporting the Tri -Valley <br />business ecosystem and channelling the <br />proceeds back to the local community. <br />BRIIA is run by serial entrepreneur Les Schmidt <br />and provides an accelerator program aimed <br />at companies in the artificial intelligence and <br />machine learning space. Since launching in <br />2017, BRIIA has completed three cohorts of <br />startups and is attracting applications from <br />around the globe. Over half of the companies <br />that graduated from the first cohort have <br />raised more than $5oo,000. Companies who <br />join BRIIA receive experienced business <br />mentorship, capital raising guidance, and a <br />feel of natural entrepreneurial collaboration <br />that builds during the program. <br />11 <br />0 THE <br />INNOVATION STARTS HERE <br />Powered by AGATE <br />i -GATE, is a non-profit innovation hub focused <br />on building a thriving startup community in <br />the Tri -Valley, i -GATE operates the Switch, a <br />regional startup incubator located in downtown <br />Livermore, and organizes events and networking <br />opportunities for local entrepreneurs to <br />connect with resources and each other. Alumni <br />companies out of i -GATE have collectively raised <br />over $60 million in capital and currently employ <br />over 200 people across the region. In 2017, the <br />Switch added g,000 square feet of industrial <br />Lab space, dubbed Switch Labs, which provides <br />valuable resources to early stage life sciences <br />and hardware tech companies. i -GATE also <br />hosts the NextTech Speaker Series and Startup <br />Tri -Valley groups for entrepreneur mentoring. <br />Coworking at The Switch <br />