With the financial support from California legislation AB2664, UC Santa Barbara received $2.2 million in 2016 as SEED-SB grant to further innovation and entrepreneurship efforts by providing incubator space, equipment, entrepreneurial training, legal services, and other basics. This report covers responses from interviews with entrepreneurs to identify how SEED SB can better support the local STEM entrepreneurial community. These start-ups focused on one of the following technical areas: biotechnology, computer science/engineering, electronics, optical technology, and sustainability.
Client: CNSI (California NanoSystems Institute)
Visual Designer: Lu Liu
Project Manager: Lubella Lenaburg
Video Editor: Rodger Luo
Duration: 1 month
The demographics of the people we interviewed who launched STEM start-ups are shown on the right circle figure. The five categories from top to bottom are if they identified as: female, the first-generation in their family to graduate from college, from a low-income background, a first-time entrepreneur (first start-up), and from an ethnic/racial minority group.
Circle graphs are also used to demonstrate the percent of specific type tech companies that reported each of seven qualitative characteristics, including whether the:
founding team included any faculty
main driver was affiliated with UCSB
start-up accessed any resources during the garage phase
start-up accessed programming support during the garage phase
start-up accessed UCSB facilities
start-up is still in the garage
start-up had/has an incubator space
From left to right, figures respectively show the percentage of those seven qualitative features for biotechnology companies, computer science/engineering companies, electronics
companies, optical companies, sustainability companies
Technical areas that enterprises focused on are denoted by color as below color palette
Under each technical area, six quantitative characteristics were examined, including the number of:
Below five radar charts respectively show the average of six quantitative characteristics of optical companies, biotechnology companies, electronics companies, cs/engineering companies, and sustainability companies. Each axis of the hexagon presents one property.
Co-founders from UCSB
Years since company began
Rounds of funding
To better show similarities and differences across technical areas in six quantitative characteristics, averages within technical areas are overlaid in the below graph
I also created a symmetric figure to display the value for each company interviewed sorted by life span. "We see a trend in companies that are younger than 5 years old, they do not tend to have faculty co-founders but are making use of resources. We also see the shaded area plotted in the radar chart tends to get larger over time, not only due to an increase in life span, but also due to an increased likelihood of receiving funding and accessing resources."
Another interesting observation is that companies under the same tech area tend to have a similar shape.
Company Life Span