Los Angeles has tremendous potential to be the next Silicon Valley. We're blazing the trail for a new tech industry here. We're going to continue creating jobs and bring more professional talent, entrepreneurs and investors to LA.
Los Angeles, CA (PRWEB) February 25, 2013
Be Great Partners, a technology incubator/accelerator company, today announced its commitment to fostering a new tech industry in Los Angeles. Located in the historic Variety building at 5900 Wilshire Blvd., Be Great Partners has created over 50 jobs in Los Angeles since its official launch date in February, 2012. The company is laying a foundation for new business and long-term job growth in the technology sector.
"Los Angeles has tremendous potential to be the next 'Silicon Valley,'" said Kevin Yu, Vice President of Operations at Be Great Partners. "We're blazing the trail for a new tech industry here. We're going to continue creating jobs and bring more professional talent, entrepreneurs and investors to LA."
Be Great Partners is readying to make a positive impact on Los Angeles by launching a 6 million dollar fund with an average investment size of $25,000 to $50,000 for new projects. The company will be accepting outside applications later this year. They hope to work with the next Mayor of Los Angeles to bolster the city's economic and tech infrastructure.
Mayoral candidate Eric Garcetti told *The Los Angeles Times that LA was "recently rated as the third-best start-up culture in America. But we must ensure that these companies stay in Los Angeles." Be Great Partners agrees with Mr. Garcetti's statement.
Said Yu, "Be Great Partners is carving out a space for more tech companies in Los Angeles. We love the city and we know it can sustain a thriving professional workforce."
*Los Angeles Times: http://graphics.latimes.com/towergraphic-where-they-stand-eric-garcetti/