Preparing for the next economy
Our mission is simple: to connect, empower, and grow a thriving community of entrepreneurs and startups.
We are dedicated to building the physical and organizational infrastructure to provide unique and professional educational experiences, mentorship, support, and access to funding, as well as a world-class space for innovators and changemakers to build and fund technologies, products, and companies that matter.
Our Labs provide Sacramento startups access to work, event, meeting, and collaboration space. Rather than focus on entrepreneurs and startups still in the ideation and launch phase, these spaces focus on local companies that already have traction and/or investment and are looking to scale, as well as global brands looking for a creative and innovative space that matches the quality of their brands.
I/O LABS HQ, 1007 7th Street, Sacramento, CA 95814
THE URBAN HIVE (at The Cannery), 1601 Alhambra Blvd., Suite 100, Sacramento, CA 95816
THE ANNEX (former home of The Urban Hive), 1931 H Street, Sacramento, CA 95811
The I/O Alliance connects the region's public, private, and institutional stakeholders to combine efforts to build an ecosystem with the capacity for the innovation and home-grown economic growth necessary to prepare us for the next economy.
In 2017, I/O was awarded the coveted iHub designation from the State of California's Governor's Office of Innovation and Business (GO-Biz), establishing the Alliance as the 9-county region's lead convener for it's innovation economy.
State of California, Governor's Office of Innovation and Business (GO-Biz)
City of Sacramento, Mayor's Office of Innovation and Entrepreneurship (MOFIE)
University of California, Davis, (Venture Catalyst)
California State University, Sacramento (CSUS)
University of the Pacific
University of California, Berkley, Haas School of Management (Alumni)
"The Shop", Vision Services Plan (VSP)
Sacramento Municipal Utility District (SMUD)
The Academy is being launched in 2018 professional graduate-level business and innovation education to entrepreneurs.
Our first program will be a cohort-based program in partnership with the University of the Pacific and will be geared toward civic-minded and mission-driven organizations.
The I/O Launchpad connects the region's business resources to the entrepreneurs and startups who need them, creating a digital connection space to match our physical connections spaces, to find the help and funding they need to scale.
In 2017, we were awarded a $50,000 grant to develop the site and another $100,000 at the beginning of 2018. The site will launch late in 2018.
We would not have been able to accomplish so much in such a short amount of time without the support of the State of California (Governor's Office of Business and Innovation), the City of Sacramento (Mayor's Office of Innovation and Entrepreneurship), the University of California, Davis (Venture Catalyst), the University of the Pacific, California State University, Sacramento, Valley Vision, SETA, Moneta Ventures. PAR Equity, DLA Piper, and Five Star Bank.
Over the past year, we have built an Alliance of more than 50 organizations essential to supporting, fostering, driving, and accelerating innovation in the region, including SMUD, VSP, Valley Vision, Metro Chamber of Commerce, Impact Ventures, KPMG, SBDC, Hacker Lab, and StartupSac, the support of the State of California (Governor's Office of Business and Innovation), the City of Sacramento (Mayor's Office of Innovation and Entrepreneurship), the University of California, Davis (Venture Catalyst), the University of the Pacific, California State University, Sacramento, SETA, Moneta Ventures. PAR Equity, DLA Piper, and Five Star Bank.
In 2018 we look forward to the expansion of our I/O Alliance and growth of the iHub network, the much-anticipated launch of our Academy, Fellowship, Launchpad, and Labs, with 40,000sf of event, coworking, offices, prototyping, and lab space in Downtown, Midtown, and East Sacramento.
In 2017, we focused on building the physical infrastructure and team, signed leases on 34,000 square feet of innovation space, and completed 20,000sf of build-out. More than $2.5M was spent on the spaces. We received $50,000 in grants for the development of the digital launchpad, and $125,000 in grants from the City of Sacramento's RAILS program.
At the Mayor's State of the City, the vision for I/O Labs was launched. We received $125,000 in grants from the City of Sacramento's RAILS program (of a total of $250,000 awarded), providing crucial seed money for our launch.