L.A. stories of inspiration and success

L.A. stories of inspiration and success

a collage of GRID110 assisted entrepreneurs
Grid110, a 501c3 clean technology start-up incubator dedicated to helping entrepreneurs launch their businesses, recently celebrated its sixth anniversary and the 200 companies it has assisted since it was founded.

“Just like our companies, Grid110 started as an idea. Our founding team came together to create a community that they wished existed at the time. A community that better reflected the diversity of innovators and businesses they saw in their Downtown LA neighborhood and the greater Los Angeles area. This shared vision was so powerful that their idea soon became a reality, beginning with its 1st cohort of amazing innovators in 2015. 200 companies later, what began as a grassroots effort has grown into a leading program and community for early-stage entrepreneurs in Los Angeles,” said Grid110 Program Lead Carolyn Jones in a blog post on Medium.

Grid110 recently launched its 21st cohort, which features roughly 15 companies cultivating businesses that provide a wide range of services, from food service to retail to helping musically inclined individuals with autism find work.

Grid110 offers a Residency Program, which is designed for early-stage companies that are typically post-launch and have evidence of traction/validation in the form of users, revenue and/or funding. Grid110 also offers its Idea to Product (I2P) program, which supports ideation and concept stage entrepreneurs. Through their two cohort-based accelerator programs, Grid110 provides founders a growing community of fellow entrepreneurs, expert mentorship, and crucial resources.

EWDD administers and supports Grid110 through Community Development Block Grant (CDBG) funding.

This story is part of the EWDD UPDATES from the week of July 12, 2021. Read this issue and more.

go to the page top