Miami Herald – Rokk3r Labs Spins out 10xU
Rokk3r Labs, a venture builder that has worked with more than 40 portfolio companies, moved into new headquarters in Wynwood last fall. This spring it launched an investment fund. Now Rokk3r is announcing that it’s adding an engine for education called 10xU.
The global platform and will be tailored to both tech entrepreneurs and corporations who need the tools and the mindset to compete in the age of innovation moving at warp speed, said Lorenzo de Leo, CEO and co-founder of 10xU, which is a separate Rokk3r Labs portfolio company. 10xU will have a booth at eMerge Americas this week.
De Leo has been involved with Rokk3r for three years as an investor and most recently ran its cobuilding unit, which exposed him not only to the Rokk3r’s methodology but also to the startups’ dreams and opportunities and 10xU was a natural evolution “10xU aims to teach individuals how to act as entrepreneurs no matter where they sit in their professional career.”
10xU will have courses geared to entrepreneurs at all stages – whether they are looking to harness their industry expertise into a fast-growth startup, evaluating the world-changing potential of an idea they have or already have a company. The programming will cover the principles of company building – from developing a vision, to building a team, to raising capital and scaling – but will be focused on moving people to action rather than theory, incorporating mentorship, pitch opportunities and measurable goals, de Leo said. “10xU is about empowering people to understand the world in which we live, and to take advantage of that to grow individually and as a community.”
Courses will also be tailored to corporations that will all likely face the Uber of their industries. 10xU has developed educational programs and conducted personalized assessments for companies that need a startup mindset or might be considering developing a spinout company. 10xU is also working with educational institutions; for instance, it participated in the DronesUp program at Miami Dade College in a module exploring how to transform deep expertise into a company, de Leo said.
Joining de Leo, former managing partner of Rokk3r Labs, will be Mike Lingle, an experienced entrepreneur and coach who will serve as managing partner of 10xU. For individuals, 10xU will cost $700 to $2,500, depending on the level of services sought. “We believe this is a piece of the ecosystem that’s been missing,” said Nabyl Charania, CEO of Rokk3r Labs.
As 10xU develops, the platform and programs will be available globally, connecting people and resources. Said de Leo: “We believe in the great potential of Miami, and we think a good way to help Miami is to connect Miami to other tech hubs around the world.”
Read article at the Miami Herald.