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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

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. Based in Washington, D.C., according to data from the National Bureau of Economic Research.

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VCs discuss the opportunities – and challenges – in Pittsburgh’s startup ecosystem

TechCrunch

Like many in the Steel City startup community, both share a focus on the historically difficult task of keeping startups in town. I asked Peduto and Mawhinney what the single biggest obstacle has been in building out Pittsburgh’s startup ecosystem. Both responded the same way: venture capital.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Venture funding does remain elusive , but here are some tricks for startup founders to hack the system. Funding for Black entrepreneurs in the U.S.

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Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

StartupNation

A strategist, educator and venture developer, Southfield native Monica Wheat has dedicated her career to venture capital, but what truly sets her apart is her dedication to improving Detroit’s startup community and making it more inclusive to women and girls. When in high school, Wheat attended camps to learn about career options.

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beSUCCESS Media spotlights the vibrant Korean startup ecosystem at BEYOND Expo in Macau

AsiaTechDaily

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 startup ecosystem and technology and innovation in Asian companies.

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Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

In this guide, we’ll explore the diverse startup programs available in Singapore. Startup SG Founder The Standards, Productivity and Innovation Board Spring (SPRING) consolidates various startup assistance programs. Startups qualifying under Startup SG can access cash grants, equity financing, and business loans.