San Diego EvoNexus, the startup incubator with an office in La Jolla, recently announced the addition of six executives to its board of directors.
Lauren Kelly, the Irvine Co.’s chief marketing officer; Bridget Kimball, Intuit’s chief architect; Eddy Ortiz, Royal Bank of Canada’s vice president of innovation and solution acceleration; Go Maruyama, Murata’s vice president of strategic planning; Stephen Li, Huawei’s vice president of technology planning and cooperation; and Ivo Bolsens, Xilinx’s chief technology officer, joined, bringing the total number of board members to 40.
Kelly and Kimball are the only two women on the board, although other women have previously served as members.
Startups accepted into the EvoNexus program receive access to coworking facilities, industry connections and capital. EvoNexus, a nonprofit organization, previously took nothing in exchange. But this year, in a bid to ensure its long-term sustainability, the organization began requiring that companies that join its incubator program going forward give it a 1 percent to 5 percent equity stake in exchange.
Today a number of corporate sponsors provide financial backing for EvoNexus’ activities, including the Irvine Co., which provides office space in La Jolla and in Irvine, and San Diego-based corporations Qualcomm and Viasat.