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According to the Kauffman Index of Entrepreneurial Activity, a leading indicator of new business creation in the United States, men are “substantially more likely to start a business each month than women”. In the seventeen year period from 1996 – 2012, the average rate of entrepreneurial activity for men was .37 percent; for women during the same period it was .23 percent.
Today is a very exciting day for the 1 Million Cups program. We are three quarters of the way to our goal of twenty U.S. cities by then end of 2013. But more importantly, the debut launch of 1MC Orlando and San Diego demonstrates the power of collaboration at the grassroots level.
Last week marked an important milestone in the development of the 1 Million Cups program. For the last year, each city's weekly 1 Million Cups event has been run by our community organizers, a team of volunteer entrepreneurs. That's right people,VOLUNTEERS! Our community organizers are some of the most talented, creative, genuine, and collaborative entrepreneurs on the planet. In addition to being the thought leaders in grassroots entrepreneurship in their communities, they hold down day jobs working with or running startups. With all that brainpower at our disposal, we knew we had to get all of our community organizers together in Kansas City to plan for the future of 1 Million Cups as it continues to grow.
I was disappointed to have been unable to make the 2014 Global Entrepreneurship Congress last week in Moscow. It's a historic event, in its fifth year, that gathers startup champions from around the world--entrepreneurs, investors, researchers, thought leaders and policymakers--to work together to help bring ideas to life, drive economic growth and expand human welfare. This kind of annual assembly has contributed to the expansion of a global entrepreneurial ecosystem by connecting experts and entrepreneurs across borders and sectors to unleash their ideas and transform innovation into reality.
Crowdfunding is a hot topic in the entrepreneurship space these days. Many startups are asking about it, and are trying to decide if seeking funding from the crowd is the right for their company. Sensing this demand, we hosted a three hour event on the subject a few days ago which you can view here and here.
99designs is the #1 marketplace for crowdsourced graphic design.
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.
A lone startup that had set up shop in a house on a typical Kansas City block has some new neighbors. In less than one year—with the recent installation of Google Fiber serving as a potential catalyst—that same block is now home to a dense pocket of startup activity and has been duly dubbed the Kansas City Startup Village.
As the final hours ticked away at Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, teams huddled together in the Massachusetts Institute of Technology Media Laboratory, continuing to brainstorm on their design and prototype innovative breakthroughs from the last few days.
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