The Community of Action for academic-affiliated innovation, proof of concept, startup, and venture gap fund and accelerator programs.
Founded in 2018, the Gap Fund and Accelerator Program Community of Action (GAP COA) is the resource for and by university, hospital, and research institution leaders looking to evolve active or to support new gap fund/accelerator programs.
This effort is backed by over 15 years of continued investigation and dedicated support of over 300 gap fund/accelerator program through the innovosource Mind the Gap initiative.
DEVELOP SHARED BEST PRACTICES
Create and expand access to insights, tactics, and data to support program improvement and stakeholder development
ADVOCATE FOR THE GAP COMMUNITY
Increase public/private awareness of the capital and support gap for university innovation and build consensus around gap funding/accelerator programs as a solution
CONNECT INDUSTRY AND INVESTORS
Connect university translational research, proof of concept projects, and startups to sources of capital, talent, and commercialization partnerships
Ongoing organizational access to most recent iteration of this, now 15 years-strong, development guide to support current and aspiring fund that contains capital landscape review, program best practices, and impact measures (141 funds/84 universities) (View Report Description/Sample Here)
Survey reports from membership on approaches to different facets of their program process and impact to-date
Organizational access to periodic reports on topics like student venture funds, crowdfunding, private and public program partnering, university-industry collaboration
Emerging gap fund/accelerator showcases using a detailed review of structure, source of funds, process, support program and impact. Focus on specific program/process approaches to address challenges. (8/yr)
Relationship-building program to connect universities and corporations through industry-funded proof of concept projects and other partnering opportunities
Online member forum, document and event archives, and member-member communication tools
Repository of member documents related to their program or process such as gap fund program descriptions, advisory board structure, evaluation scorecards, pitch deck templates, impact reporting for leadership
Open to any research institution at any point in their gap fund/accelerator evolution. Whether you have managed a program for years, just started thinking about it, or have hit a roadblock, you will find a home here.
Single, annual organizational membership (Nov-Oct) with up to five active members
Under USD $300M Total Annual Research Expenditures=$1500/yr
Over USD $300M Total Research Expenditures=$2500/yr