University of California San Diego Rady School of Management and EvoNexus Announce Strategic Partnership in FinTech

The new partnership creates entrepreneurial path for Rady’s
students/alumni to EvoNexus’ purpose-built FinTech Incubator at the
intersection of UCSD’s Science, Engineering and Business programs.

SAN DIEGO–(BUSINESS WIRE)–#DisruptiveTechnology–The University of California San Diego’s Rady School of Management
(Rady) and EvoNexus, Southern California’s leading technology startup
incubator, have partnered to launch a program to create a new generation
of FinTech startups. The partnership leverages a recent strategic
corporate alliance created by EvoNexus, Royal Bank of Canada (RBC) and
Franklin Templeton (FT) to launch Southern California’s first purpose
built FinTech Incubator. EvoNexus has begun an application round for
FinTech startups. The new partnership with UCSD Rady will accelerate the
development of new FinTech business solutions and the technology created
by its students and alumnae.

EvoNexus, FT and RBC are focused on discovering and admitting FinTech
startups in technology areas that include artificial
intelligence/machine learning, bank/wealth/payment technology, capital
markets technology, cybersecurity, blockchain, mobile payments, P2P
lending, digital cash, InsurTech, RegTech, data science and predictive
behavior analytics. FinTech startups admitted to the program will
benefit from new, fully furnished incubator facility provided through
the EvoNexus, FT and RBC collaboration. The FinTech incubator benefits
from a well-established EvoNexus startup program with a proven success
record.

“Since the creation of EvoNexus in 2010, 19 companies have been launched
with founding teams from UCSD through the EvoNexus incubation program,”
said Rory Moore, Co-Founder and CEO of EvoNexus. “Four companies came
from Rady – and all four are successful. The success rate of ventures
from UCSD is stunning. Only one has failed! The Rady / EvoNexus FinTech
partnership formalizes a relationship that has existed for years and
creates a permanent path for future startups.”

“This continued extraordinary partnership of the Rady School with
EvoNexus will focus on several mutually strong areas of interest,” said
Robert S. Sullivan, Ph.D. and founding Dean of the Rady School of
Management at UC San Diego. “They include analytics and data science,
finance, and of course innovation. When all come together, there will be
catalytic, exciting new entrepreneurial opportunities.”

About the Rady School of Management at UC San Diego

The Rady School of Management at UC San Diego is a business school that
develops ethical and entrepreneurial leaders who make a positive impact
in the world through innovation, collaboration and knowledge. The Rady
School offers a Full-Time
MBA
program, a FlexMBA
program for working professionals, a Ph.D.
program
, a Master
of Finance
program, a Master
of Science in Business Analytics program
, a Master
of Professional Accountancy
program, Executive
Education
and undergraduate courses.
To find out more about the Rady School visit www.rady.ucsd.edu.

About EvoNexus

EvoNexus is Southern California’s leading startup incubator with
locations in San Diego and Irvine. We enable motivated entrepreneurs to
turn their transformative technologies into fundable,
commercially-viable companies. Since 2010, $1.7B in funding and
acquisition outcomes have been achieved by EvoNexus startups. A total of
26 EvoNexus startups have been acquired since 2013. EvoNexus is
supported by corporate investors, including some of the largest
multinational corporations in the world. Its companies enjoy incubation
of up to two years in Class A offices and dry lab spaces. For more
information about EvoNexus visit evonexus.org.

Contacts

Press Contacts:
Carolyn Holck
[email protected]
(858)
254-0440

Joleen Schultz
Director of Marketing
[email protected]
(858)
534-5468

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