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Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startupecosystems. This is exactly the wrong way to think about the economic opportunity presented by innovation.
I asked Peduto and Mawhinney what the single biggest obstacle has been in building out Pittsburgh’s startupecosystem. Raising funding is, of course, a hurdle regardless of location, but many VCs have been reluctant to invest in startups outside of traditional hubs like San Francisco and New York.
Ive been grateful to see that support firsthand throughout my careerwhether through the passage of the JOBS Act , the creation of Opportunity Zones , or, most recently, the Regional Technology and Innovation Hubs (Tech Hubs) initiative. We all know that talent is everywhere, but opportunity is often not.
At the BEYOND Expo, beSUCCESS Media presented the company’s efforts to support Korean startups at the Korea Tech Reception, a gathering of leading media and tech companies from Asia and worldwide. beSUCCESS Media site AsiaTechDaily.com brings news regarding the Asian startupecosystem and technology and innovation in Asian companies.
With venture investors committing to funding Black and minority founders, alongside the growing availability of government-backed proposals, such as New Jersey allocating $10 million to a seed fund for Black and Latinx startups , can we expect to see fundamental change? But what about the demographics of the VC firms?
In addition to providing financial support to female-led startups and minority entrepreneurs in Detroit, Wheat is founder and executive director of Digerati Girls and Digerati Kids , a nonprofit organization that introduces young girls to digital and tech careers through coding classes and workshops. Originally published on DBusiness.com.
Register The Malaysian Economy Minister, Rafizi Ramli, has announced that the government plans to reform the country’s startupecosystem. The minister explained how the government will focus on enhancing funding and investment opportunities, particularly at the seed and angel investor stages.
Early Stage Venture Fund (ESVF) The Early Stage Venture Fund (ESVF), an instrumental initiative in Singapore’s startupecosystem, is designed to provide crucial financial support to early-stage high-tech startups. This collaborative effort injects crucial financial resources to help the expansion of startups.
Observing emerging trends in the global startupecosystem, Index Ventures announced the addition of $2.3 The convergence of AI, the abundance of skilled entrepreneurs, and known playbooks to build hypergrowth companies present founders with opportunities to create new, category-defining businesses that investors seek.
Government and academic professionals also seek them out to get connected to the startupecosystem. That's what I fear when I see places like Berlin, Chicago, and Toronto putting on startup events--not enough anchors to make the whole thing stick and to turn the excitement into real opportunity.
So they’re looking to diversify their investments with high-potential opportunities abroad. Investors should bring a local strategy that makes them an asset to Latin America’s startupecosystem. VCs have more money than ever, and it’s getting increasingly expensive to invest in North America.
This shows that Africa’s investment landscape is still very promising because it continues to grow, and there’s increasing interest in multiple startupecosystems, including nascent ecosystems. These are all indications of a growing ecosystem,” he added. We are slowly building a more durable capital base for African tech.
Each team represents what makes entrepreneurship so powerful: the ability to see problems as opportunities and use technology to create solutions that drive realimpact. startupecosystem. Take Hilda, this years grand prize winner. Theyre diverse, resourceful, and both practical and ambitious.
In 2020, VR did not get the shelter-in-place usage bump many had hoped for largely due to supply chain issues at Facebook, but VCs hope their new cheaper device will spell good things for the startupecosystem. “We believe VR is still the largest long-term opportunity of the two.
When I took the job, the New York startupecosystem was nascent. They don''t measure skills, network, and the changing nature of the ecosystem around you. They''re too focused on jobs and titles, versus the actual predictors of creating opportunities for yourself: what you have to offer and who knows about it.
Six startups showcased at Investopia 2025 represented a diverse range of industries, demonstrating the breadth of innovation within Crimson Founders 2025. The week-long initiative, held from February 24-28, 2025, marked a significant milestone in integrating 19 high-impact startups into the UAEs dynamic investment and innovation ecosystem.
Plenty of good funding rounds, a highly skilled workforce and a strong entrepreneurial culture have given Amsterdam a booming startupecosystem. The median seed round is $500,000 (above the global average of $494,000) and a median Series A round for a startup is $2.4 What are some overlooked opportunities right now?
3) There's a big opportunity for "community arbitrage." With so many of the entrepreneurs and other professionals living in Brooklyn, there's an opportunity to reach them by building community out here. None of these reasons stem from the idea that Brooklyn is where better startups will be born. The question is "How?".
At the same time, Launchpad@Stevens supports student innovation by providing mentorship, funding, and networking opportunities. Through a curriculum centered on hands-on learning and real-world application, students in the iSTEM program gain the opportunity to turn their ideas into viable businesses.
If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.
Revolution Chairman & CEO, Steve Case and Mitch Landrieu The conversation: A fireside chat with White House Infrastructure Coordinator and former Mayor of New Orleans, Mitch Landrieu The takeaways: Creating an environment where startups thrive pays off in ways that courting existing corporations doesn’t. Infrastructure touches everything.
Revolution Chairman & CEO, Steve Case and Marketplace Senior Reporter, Stephanie Hughes The conversation: How a new generation of startup hubs can accelerate their entrepreneurial momentum The takeaways: The three most important buckets for creating a winning startupecosystem are talent, capital, and collaboration.
That''s not really positive or sustainable for building a startupecosystem. I''ll continue to invest everywhere in the NYC area, but I think Makerbot is just one of many amazing opportunities that will get built on this side of the East River--and I look forward to helping to build up this community. And it does need help.
Establishing a network: Language barriers, cultural differences, and a disorganized startupecosystem can make networking in Vietnam seem impossible. The Vietnam Angel Network (VAN) provides funding, mentorship, and networking opportunities for early-stage startups. Register now!
Much of this can trickle down into the startupecosystem. Maybe the region will be caught in this perpetual cycle of intense local inflation and an abundance of resources, and the ones who will thrive in such waters are those who, amid all these never-seen-before changes, seize the opportunity that volatility provides.
I've had the opportunity to work with some of the most exciting companies in the NYC area, like GroupMe and SinglePlatform, both of whom were recently acquired. While I am not exclusive to Brooklyn companies, it's fun to be a part of the growth of the startupecosystem across the East River.
The startupecosystem is filled with people who have walked the path before and are often willing to share their experiences and advice. Networking can help you gain insights into industry trends, potential partnerships, and funding opportunities while providing a support system when times get tough.
While many think achieving that goal is unlikely, as investors with capital to put to work, we have to have a ‘challenge accepted’ mindset.” — Kristin “I look for tech opportunities that enable sustainable B2B change versus small lifestyle changes. degree threshold set by The Paris Agreement. That is no longer the case.
This post is an attempt to unpack the changes we observed both during and after our time with Techstars, to draw out potentially useful lessons about how things might have gone differently. ——— In the Beginning: Champions of the Local StartupEcosystem Techstars launched its first program in Boulder in 2007.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startupecosystem in the US. We literally are a land in which people left their stable East Coast homes in search of opportunity and a chance to start fresh.
Today, the nation’s political hub is gaining increasing traction as an innovation capital where game-changing startups start and scale, including Revolution-backed Sweetgreen , FiscalNote , Homesnap , and Cava. Here are a few of the insights gleaned.
With its innovative model for empowering rural women and youth, IndiVillage introduces balance to India’s ecosystem—where cities tend to grow exponentially while rural villages have few economic opportunities. “We It provides participants with opportunities to shadow a CEO, connect with mentors and exchange ideas with EO members.
During the BEYOND Expo , 1Billion Partners had the opportunity to showcase its commitment to supporting startups globally at the Korea Tech Reception. BEYOND Expo brings together diverse participants from the global tech industry, including startups, investors, tech companies, and media representatives.
James Burnes: Ministry of Awesome is a startupecosystem organisation that is on a mission to drive New Zealand’s economic growth through founder-led innovation. We do run the Christchurch Startup Hub, Te O Haka, on the Ara campus here in Christchurch, where I’m sitting today.
According to Startup Genome , Beijing, London, Silicon Valley, Stockholm, Tel Aviv are some of the world’s best startupecosystems. Startupecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year. . Pariti was how we wanted to solve it.”
A statement released by the ministry said Minister Lee Young aims to leverage the capabilities of the MSS to support the innovative venture industry in overcoming the current crisis and revitalizing the startupecosystem.
Filling out the round has been its own challenge for Curry, who has struggled at times to find opportunity, even among historic levels of capital flowing into the startupecosystem, a distinction that has been less noticeable for black founders that still make up just a small percentage of VC allocation.
The startupecosystem is a terrific manufacturer of bad fundraising advice. So what about all of the above statements—things that founders widely hold to be true barriers to fundraising? Was she just an anomaly or is there something else going on here?
How Capsule is supporting young women to build thriving businesses Despite Romania’s growing startupecosystem, women founders remain disproportionately low. Why women entrepreneurs need more support Despite Romanias growing startupecosystem, theres a glaring gender gap in entrepreneurship. Access the report here.
In an announcement at Dewan Rakyat, Minister Chang Lih Kang unveiled this initiative, which aims to strengthen the support for local startups along their funding journey. Mosti’s role in this partnership will involve providing Bursa Malaysia with market insights related to the Malaysian startupecosystem.
Whenever one of these talented individuals is forced to leave the country and founds a new startup back home, the U.S. misses an opportunity. Giving privately held companies maximum room to maneuver as they raise funding from accredited investors and participate in secondary markets can only strengthen the startupecosystem.
While entrepreneurs can be found everywhere, some startupecosystems are thriving more than others. Building a startup community, or startupecosystem, is no easy task and requires a lot of intentional work. Who are some of the key participants in a startup community?
My motivation to launch my startup came from identifying a gap in the market where I believed I could make a real difference. I saw an opportunity to innovate and bring a unique solution that wasnt being fully addressed by existing players. How can our readers follow you on socialmedia?
We can’t wait to welcome you and more than 10,000 other attendees to our flagship event — the epicenter of the startupecosystem. . Roundtable discussions: These small, topic-focused gatherings — each hosted by an expert in the related field — give up to 10 people the opportunity to interact and engage in deeper conversations.
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