Technology Incubators -- Innovating Today

Feb 17, 2016 11:15 AM ET

Arrow Electronics Corporate Social Responsibility and Sustainability Report 2015

Good ideas are everywhere, but innovators are rare. Innovators punch through the status quo to deliver a solution that is both practical and provides exciting new opportunities.

To identify innovators and guide them forward, Arrow Electronics partners with technology incubators, accelerators and competitions. We pursue these partnerships in the conviction that the organized process of iteration, presentation, mentorship and competition distills interesting ideas into real innovations that may benefit society and improve people’s lives.

  • Clean Tech Open (CTO) The CTO is the world’s largest accelerator for startups devoted to a sustainable planet and communities. Based in Silicon Valley, CTO entrepreneurs from 39 countries are mentored by experts and pitch their plans to the investor community. Arrow sponsored the CTO’s computer and information systems category, while offering all competitors business development and electronics consultation.
     
  • Collegiate Inventors Competition (CIC) Now in its 25th year, the CIC brings 14 undergraduate and graduate school teams to the nation’s capital, where their earlystage inventions are judged by members of the National Inventors Hall of Fame and U.S. Patent and Trademark Office. Arrow sponsors the CIC through the nonprofit group Invent Now.
     
  • MassChallenge This Boston-based startup accelerator program awarded $1.5 million to 16 startups. Arrow provided sponsorship and offered business development and electronics consultation to 38 competing start-ups.

To read more about Arrow Electronics' commitment to technology incubators, please see our 2015 Corporate Social Responsibility and Sustainability Report.