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OCTANe Announces Inaugural Report Detailing Impact On Orange County’s Tech Ecosystem

OCTANe, Orange County’s life sciences and technology accelerator organization, today announced the release of its inaugural OCTANe Impact Report, a comprehensive paper detailing the current state of Orange County’s tech and med-tech environment. The report includes OCTANe’s insights for spurring economic growth in the region while providing a comprehensive look at its progressive service portfolio.

“The tech and med-tech ecosystems in Southern California are growing at an astonishing rate – faster than most people realize,” said OCTANe CEO, Bill Carpou. “The future is bright for the region and OCTANe’s programs will continue to play a pivotal role in helping early-stage companies succeed.”

As part of the report, OCTANe’s announced its commitment to long-term job creation in Orange County and has pledged to help create a total of 22,000 jobs by 2025. To date, OCTANe’s LaunchPad Small Business Development Center (LaunchPad SBDC) has assisted nearly 1,500 companies by using the power of data, predictive analytics and human interaction to help attract capital. The program is the leading SBDC in the nation. Of the companies OCTANe has worked with, 321 graduated through the entire LaunchPad process and 236 received funding.

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