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Summary <br />i-G ATE An nu al Repo rt 20 25 <br />We average 50% company capacity at Daybreak Labs. One company <br />moved this fiscal year to Livermore and is expanding in Pleasanton. We also <br />raised $25K in additional corporate sponsorship for i-GATE from Stanford <br />Health Care Tri-Valley, and $42,905 from event sponsorships for a total of <br />$67,905 from corporate donors. <br />The funding picture for early stage companies is still bleak. For this reason, <br />we are seeking corporate sponsorship to cover a grant program for <br />companies that would be awarded in a competitive process, workforce <br />development activities such as internships, and ecosystem building events <br />and programming. <br />We announced an MOU with Las Positas College in February 6, 2025. This <br />groundbreaking partnership is aimed at fostering innovation, educational <br />growth, and workforce development in the Tri-Valley region. Through the <br />signing of a Memorandum of Understanding (MOU), the two organizations <br />have formalized their commitment to providing new opportunities for <br />students, entrepreneurs, and the broader community. This has translated <br />into two events with Las Positas College, one aimed at preparing founders <br />to hire and host interns, and one aimed at students to help them find <br />internships with Tri-Valley Startups. Through these events, 9 Las Positas <br />College student interns have been placed.