The University of California, San Diego is doing its part to help position San Diego among the top startup cities in America through the Rady School of Management. The college made an announcement on September 14th that 150 startup companies have been founded by students an alumni since the first MBA graduating class in 2006.
The Rady School of Management focuses on developing ethical and entrepreneurial leaders that innovate and collaborate for a positive impact on the globe. The companies created by Rady School students and alumni span a variety of industries, including consulting, healthcare, medical devices, consumer products, technology, and biotechnology, with some securing funding, becoming commercialized, or receiving industry awards.
Over 70% of companies created through the Rady School stay in San Diego, where they contribute over $2 billion to the national and local economy. One such company is Braykion, created by Ryan Ruehl and Doctor Jon Wilensky to halt spreading infections in hospitals. The company won UC San Diego’s Entrepreneur Challenge, received admission to the CONNECT Springboard program, and is currently part of the EvoNexus incubator.
Rober S. Sullivan, Dean of the Rady School, talked about the 150 startup milestone in a press release. “The Rady School’s approach is to support startups from ideation and development to the successful launch and growth of a company. In the past decade, 150 startups have been founded and 15% of Rady MBA graduates are operating a successful startup company. That is a strong testament to the effectiveness of our MBA program and accelerators.”
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