Innovation Pavilion Explained

Type:LLC
Location City:Centennial, Colorado
Foundation:Colorado, United States
Innovation Pavilion
Key People:Vic Ahmed (founder)

Innovation Pavilion is a business incubator founded by Vic Ahmed in Centennial, Colorado in 2011.[1] The incubator describes itself as an ecosystem for entrepreneurs and is modeled after Plug and Play, a Silicon Valley startup incubator.[2] The Pavilion houses member companies in technology, digital health, media, entertainment, marketing and finance, operating from a startup level upward. The incubator has also held several Youth Entrepreneur programs with the Denver Youth Entrepreneurship Network.[3]

The building was purchased in 2013 in a strategic partnership between Innovation Pavilion and Northstar Commercial Partners, with plans to open more incubators. Northstar, a privately held commercial real estate firm, is headquartered in Denver.[4] [5]

The Innovation Pavilion hosts the monthly meetings for the Opportunity Coalition, a nonprofit organization focused on entrepreneurship in Colorado.[6]

The Innovation Pavilion space has been listed for lease amidst allegations of sexual assault[7] were leveled at founder Vic Ahmed.[8]

On November 13, 2019, Thrive Workplace announced they would be opening their fourth location in the space that was once home to Innovation Pavilion.[9]

Investments

As one of their funding mechanisms, Innovation Pavilion offers endorsements to startups on the peer-to-peer microlending platform, Kiva Zip.[10]

Member companies

External links

Notes and References

  1. Web site: Vuong. Andy. Colorado's new pavilion becomes a hub for tech innovation. 9 December 2011. The Denver Post. 15 August 2013.
  2. Web site: Bronikowski. Lynn. Executive edge: Vic Ahmed. July 2012. WiesnerMedia. 15 August 2013.
  3. Web site: Innovation Pavilion . VERTICALS AT INNOVATION PAVILION . https://archive.today/20130815005955/http://www.oracons.com/ip/?page_id=1580 . dead . 15 August 2013 . Innovation Pavilion . 15 August 2013 .
  4. Web site: About — NORTHSTAR COMMERCIAL PARTNERS . 2014-09-30 . dead . https://web.archive.org/web/20141006090347/http://www.northstarcp.com/about/ . 2014-10-06 .
  5. Web site: Vuong. Andy. Innovation Pavilion building bought for $5 million, expansion in works. 9 July 2013. The Denver Post. 15 August 2013.
  6. http://opportunitycoalition.com/
  7. Web site: Incubator founder accused by two of sexual assault. 2018-05-30. BusinessDen. en-US. 2019-11-13.
  8. Web site: Landlord lists Innovation Pavilion space for lease after founder was sued for sexual assault. 2018-08-06. BusinessDen. en-US. 2019-11-13.
  9. Thrive Workplace Expands Denver Metro Area Footprint with Centennial Location. Workplace. Thrive. 2019-11-13. GlobeNewswire News Room. 2019-11-13.
  10. Web site: Draper. Heather. Program spurs mini loans to startups around Denver. American City Business Journals. 19 August 2013.
  11. Web site: Avery. Greg. Fast growth for Cloud Elements. American City Business Journals. 20 August 2013.
  12. Web site: Come Party With Us At Innovation Pavilion . Clvr – Interactive Video Microsites . 19 August 2013 . dead . https://archive.today/20130819214002/http://clvr.com/come-party-with-us-at-innovation-pavilion/ . 19 August 2013 .

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