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With nearly $3 million in funding, partnership will help grow startups based on new technologies

UCLA and Starburst, a leading global aerospace and defense accelerator, have been awarded a 2020 Venture Challenge grant of $1.4 million by the U.S. Economic Development Administration — complemented by $1.4 million in private matching funds — to create an aerospace innovation hub in Los Angeles.

The new Starburst–UCLA public-private partnership, Scale Aerospace Ventures, will build on the region’s existing aerospace ecosystem and accelerate the growth of startup companies based on novel technologies developed through the UCLA Samueli School of Engineering’s department of mechanical and aerospace engineering, the Technology Development Group on campus, and by innovators outside UCLA.

The collaboration, the partners say, will inspire a generation of students, entrepreneurs and investors to pursue new opportunities in the aerospace industry.

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“We are thrilled to be part of this new effort to move innovations from academic research programs into a process that will translate into societal and commercial impact,” said Timothy Fisher, the John P. and Claudia H. Schauerman Professor of Engineering at UCLA Samueli and chair of the mechanical and aerospace engineering department. “Now more than ever, and particularly as a public institution, we need to reinvigorate and reimagine the pipeline that brings disruptive new technologies into the market. Fostering engineering-focused small businesses is a proven path toward job growth for our city and region, as well as improvements in quality of life for people around the world.”

The partnership was recentlyannounced by the U.S. Commerce Department as part of its 2020 Build to Scale Venture Challenge, a $35 million national effort to support entrepreneurship, accelerate company growth and increase access to venture capital funding. The Economic Development Administration, a bureau within the department, awards the grants annually.

“We’ve observed incredible innovations coming from the Los Angeles area, which has been the aerospace capital of the world for almost 100 years, graduating more engineers per year and maintaining the highest concentration of engineers compared to any other place in the U.S.,” said Brandon Florian, director for business development at Starburst. “We’re thrilled to partner with such a storied institution fostering the best and brightest emerging talent in aerospace, which will undoubtedly pave the way for the industry’s newest creative solutions and breakthrough technologies.”

Scale Aerospace Ventures will provide an ecosystem for the creation of startups looking to turn research and the development of new technologies into commercially viable products. Together, the Starburst–UCLA team will vet entrepreneurs and prospective startups with the potential to spur local job growth, as well as further the goals of the U.S. Space Force, the Department of Defense and NASA.

“We are delighted to partner with Starburst Accelerator — closer ties to the local aerospace industry will streamline commercialization of important innovations emerging from the UCLA Samueli School of Engineering,” said Dina Lozofsky, senior director for business development at UCLA’s Technology Development Group. “This is a unique opportunity to both foster local economic growth in an industry that has long been important to the Los Angeles area and to provide education to budding entrepreneurs.”

Over the next five years, Scale Aerospace Ventures anticipates creating an efficient process for transitioning early-stage technologies — originating both within and outside the UCLA network — into new ventures, creating jobs and growing the Los Angeles County economy. The innovation hub expects to source and accelerate the growth of at least 45 new startups in three years.

“We anticipate 50% will raise an average of $2 million in seed funding, and 20% will raise an average of $10 million in Series A funding,” said Van Espahbodi, managing partner and co-founder of Starburst Accelerator. “This will enable more than 300 local high-tech jobs in the aerospace sector.”

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Would you like to find out how to win at Starburst? The fact is that Starburst is one of the most popular online slot games today available in dozens of online casinos. So, it’s no wonder why there are so many people looking for a way to win at this slot game.

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Even though Starburst was released back in 2013, this slot game by Netent, which is, by the way, one of the leading casino software developers, is still among the most played games on different casino sites. Thanks to its interesting gameplay and many opportunities to win prizes, Starburst remains to be a leader among casino games. For all the players who want to win at Starburst, we’ve prepared this guide where you can:

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There are many reasons why people love to play Starburst. Some of them like the space theme and gems in this game while others are attracted to the special feature. There are players who enjoy the graphics and music in this slot game too. No matter what has made you start looking search for information about this game, we have prepared a useful guide that will help you learn more about how to win at Starburst.

Good RTP and volatility that promises frequent wins

One of the things that can help you understand the odds of winning at a slot game are the RTP and volatility of the game. In the case of Starburst, this game comes with a theoretical Return to Player (RTP) percentage of 96.06%. Basically, this is the percentage of stakes this slot returns to players in theory. 96.06% is not small, but it’s not a very big percentage either. So, we can freely say that the RTP percentage of Starburst is around the industry average.

The other indicator that can help players understand the chances of winning, as we mentioned before, is the volatility. This term is used to describe the amount of risk inherent to an online slot. Starburst is a slot game with low volatility. To put it simply, this slot game comes with a lower risk. So, you can expect slightly smaller payouts, but these payouts are more frequent compared to high-volatility slot games. This is one of the things that makes Starburst more exciting than many other slot games.

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When it comes to the matrix, the creators of Starburst have decided to keep the standard set of reels in play. Starburst has 5 reels and 10 paylines as well as 3 rows per reel. This is a classic matrix these days. This is also one of the things that affect the volatility and RTP of this slot game. But, what’s important to mention is that unlike other slots where combinations of symbols pay from left to right or vice versa, Starburst promises both ways wins.

How to win at Starburst with the help of basic symbols?

There is a list that includes seven basic symbols in this game. These symbols can’t help you activate a special feature. However, with the right combination of symbols like this, you can win a cash reward. Before we go into details let’s describe these symbols.

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There are five gems in different colors (purple, blue, orange, green and yellow) and shapes as well as a lucky red seven symbol and a golden bar symbol used as basic symbols. If a player manages to land three, four or five basic symbols on any payline, they will receive a predetermined cash reward. In other words, you need at least three identical symbols in order to win a cash prize. The bar symbol delivers the highest prizes while the purple and blue gem bring the lowest prizes.

How to win at Starburst with the help of bonus features?

To be honest, Starburst doesn’t have a great collection of special features and bonuses, but there is one symbol that has special properties. By landing this symbol on the reels, it should be easier for you to create a winning combination.

The symbol that we are talking about looks like some sort of a star that comes in the colors of rainbows. As a wild symbol, this colorful star is able to replace literally all regular symbols. So, if you miss a regular symbol on a payline in order to complete a winning combo, the star will help you win that round. We should mention that the wild symbol appears only on the central three reels – reel two, three and four.

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Another thing that we should point out is that this symbol expands over the reels and covers the entire reel where it appears. After that, the symbol will activate a free re-spin where the wild symbol stays in place. It doesn’t matter whether you have won the turn or not, you will still get a re-spin for free. Of course, the number of re-spins is limited to three.

Best strategy on how to win at Starburst

Truth be told, there are no special formulas or magical solutions that can help you win at Starburst all the time. Rivers casino sports app. However, there are some things that can help you increase the odds of winning. According to experts, the best thing that you can do to win at Starburst is to play this game for a longer period of time.

The basic objective here is to hit a wild symbol. As previously mentioned, this symbol will not only help you develop a winning combo even when one of the symbols is missing, but it will also help you activate the free re-spin feature. To speed up things a little bit, you might want to try the auto play feature available at this online slot game. Of course, you must set a budget first. The best idea is to invest an amount of money that you can afford to lose.

Getting the maximum prize at Starburst

Players should not expect to find a progressive jackpot prize in this game. In fact, there is no local jackpot prize present in Starburst. However, the good news is that you can still win big at Starburst. Due to the fact that players can play place bets in different currencies, we will just say that the highest possible win you can achieve in this slot game is 50.000 coins. This is one of the best cash prizes you can find in low variance online slots.

But, if you want to win this big prize, you will have to wait to hit the wild symbol. After every appearance of an expanding wild symbol on the reels, you will get a free re-spin where the wild symbol stays in place (sticky wild symbol). Since you can get no more than three free spins, in theory, you can get three expanding wilds on the reels. This is the only way to win the highest cash reward in this game.

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We hope that this in-depth guide focused on Starburst will help you win big at this online slot game.