A public research university in the U.S., University of California, Berkeley, has launched a 12-week accelerator program for early-stage Blockchain startups. Partly sponsored by venture capital fund Berkeley X-Lab Fund, the Berkeley Blockchain Xcelerator is reportedly the result of cooperation between Berkeley Engineering’s Sutardja Center for Entrepreneurship and Technology, the Haas School of Business and Blockchain at Berkeley.
President of Blockchain at Berkeley, Gloria Zhao outlined the rationale behind an academia-housed accelerator program. He said that Blockchain at Berkeley strives to reinforce the entrepreneurial spirit in the university’s students, so his team is excited to assist lead this initiative and help the next generation of blockchain innovators. According to the reports, the accelerator program is open to Blockchain projects around the world. The selected contenders will be guided by alumni, entrepreneurs, faculty, investors, and students as they get ready for a demo day at the program’s close. The program will mark its multi-pronged approach to fostering Blockchain and Cryptocurrency education, through its both devoted venture capital fund, SCET Blockchain X-Lab, and its student-led organization. The university also pointed out that its Entrepreneurship Center has originated a host of new labs dedicated not only to Blockchain but also to innovation in Artificial Intelligence, Data Science, and sustainability.
UC Berkeley recently has teamed up with Ripple’s global University Blockchain Research Initiative (UBRI) to host a Blockchain and fintech industry spring speaker series at the Haas School of Business, as reports noted. Moreover, the university is also working with UBRI to promote cross-departmental courses and has funded research projects in the field, as well as sponsoring an upcoming Blockchain hackathon. UC Barkley is not only the first university promoting and organizing Blockchain programs, but several universities worldwide have also launched their own internal Blockchain laboratories, research centers, and degree programs and certificates.