UC San Diego’s Office of Innovation and Commercialization (OIC) launched the Entrepreneurs-in-Residence (EIR) program in 2015 to accelerate the creation of new startup companies. The OIC, a Research Affairs unit, will honor the newly appointed 2017 EIR cohort and thank the 2016 cohort for their hard work with a reception, Apr. 17, at Bella Vista Social Club and Caffé in the Sanford Consortium.

Designed to accelerate the creation of new start-up companies, the EIR program is part of the university’s plan to take the global lead in research-based entrepreneurship. The program appoints five qualified individuals who have successfully grown and exited prior technology or healthcare startups on a quest to find their next entrepreneurial endeavor. The appointed EIRs have the demonstrated ability to work productively with engineers, scientists, students, and other innovators to identify and solve problems, and possess business acumen and industry experience, particularly in early technology commercialization, new-venture creation, and fundraising.

“Our team plans to grow locally in San Diego, promoting local job growth and revenue,” said Cyrus Rustomji, a postdoctoral scholar –who founded South 8 Technologies. “Our technology is focused on clean tech energy storage solutions to lower carbon emissions and reduce foreign oil imports, impacting both the region locally and abroad.”

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