ThinkTank Innovation, Inc. is a 501(c)(3) nonprofit innovation district designed to help entrepreneurs understand the requirements to be an entrepreneur, educate them on the building blocks of founding and running an early-stage, technology driven business and connecting them with the resources, expertise and network to reach scale.
Our team has founded and managed businesses around the world, thus we understand what it takes to build a successful company.
Our past successes and failures have taught us what works and what doesn’t when it comes to building your business.
ThinkTank supports awesome entrepreneurs with unique technologies that have the potential to disrupt the next era of innovation. We take a hands-on approach to transform vision into reality by leveraging our global relationships and the venture, business & military ecosystem of the Cali Baja, bi-national region.
We target pre-Series A funded startups with the following characteristics
We are interested in business models or technologies that target large markets, with the potential of being a real “game changer” as a new industry leader.
Our programs are industry agnostic although we possess specific expertise and experience in the following industry areas: artificial intelligence, augmented reality (AR), blockchain technologies, casino gaming, communications applications, consumer electronics, connected sensors & devices, cyber security, data driven diagnostics, enterprise SaaS, FinTech, machine learning, marine technologies, medical devices/diagnostics, naval architecture, novel IoT devices, predictive analytics, Scientific instrumentation, and virtual reality (VR).
Our programs are geared towards opportunities that requires up to $20 Million of venture capital over their life to reach either cash flow positive operations, an exit, or a significant valuation to raise growth capital if needed.
The utilization of a capital efficient model doesn’t rely on getting a unicorn valuation to achieve to generate significant returns for entrepreneurs and their investors as 99% of venture-backed companies exit at less than a billion dollar valuation. In other words, in a world where M&A deal sizes are shrinking and mega-IPOs are scarce, a capital efficient model is both more resilient and delivers higher returns than those that require substantially more capital.
Our programs are designed to work best with entrepreneurs that are coachable and who are willing to put our advice into practice in order to add significant value to their business.
We commit to become actively involved with all our program participants and to work alongside founders to get things done, including financings, contracts, partnerships, strategy, and sourcing strategic hires. We also offer our contacts with experienced legal, accounting, and marketing service providers to help startups accomplish their goals faster, without having to hire a larger and costly team until it is truly needed. The founders that have historically embraced our programs tend to execute faster, at a lower cost thus increasing their possibility of success.
ThinkTank Offers the Best Available BenefitsThe following is a partial list of benefits that we provide to our program participants.
Coaching by our team of entrepreneurial leaders to help entrepreneurs succeed.
Access to seed financing to grow your venture and follow-on financing.
We provide office space for up to 3-5 members of each company that is admitted.
IBM Affiliate Partnership
Our program participants each receive up to $120,000/year of IBM Service Credits.
We provide access to our global network of investors, advisors, strategic companies, researchers, government officials, etc.
Web & Email Hosting
Fully scalable web and email hosting with one of the world’s largest providers.
Cloud computing power, database storage, content delivery or other server-based functionality.
VoIP Phone System
Full enterprise grade VoIP pbx phone system solution including voicemail, 4-digit extensions, conference calls, etc.
Access to prototyping facilities to assist entrepreneurs in developing preliminary models.
Assistance in protecting or acquiring necessary intellectual property.
Payroll, HR, Accounting, Finance, and other outsourced back-office services.
Our members get no-cost access to every WeWork office worldwide to host meetings or for temporary work-space.
App Based Office
Members request conference rooms, offsite space, etc. via an app on their phones.
Free beer and food including Taco Tuesdays to promote socialization between companies.
Post your job openings directly to 175,000 active members located in 50 cities worldwide.
San Diego Lifestyle
San Diego provides a conducive environment to innovate – perfect weather, low traffic, lower cost than Silicon Valley.
Our Members have access to their space 24-hours-a-day, 365-days a year.
Gigabit speed through 2 redundant fiber network providers.
Members can reserve any of 30 conference rooms, on 6 floors, equipped with monitors, conference phones, whiteboards, etc.
Online Member Base
Connect and network with 1,700 entrepreneurs at the same address using the ThinkTank provided app.
Start-up advice provided by a leading VC attorney with a prominent firm.
We help members in validating their market strategy with our partners and third-party firms.
Who could start a new business without copious amounts of espresso, coffee and lattes?
Join our community of like-minded entrepreneurs and exchange ideas, socialize and enjoy!