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Last night I had the privilege of watching the first ever Get in the Ring Competition in the United States. Though this competition is in its sixth year, this was the first year that the United States had participated. The process began in August with groups of judges sorting through about 300 applications from startups all across the country. After several rounds of judging, the final eight startups were invited to Kansas City to participate in the U.S. version of Get in the Ring, the American Startup Clash.
On Aug. 27, we are welcoming Slava Rubin, the CEO of Indiegogo, one of the most-successful and most-recognized crowdfunding platforms, to the Kauffman Foundation. We expect a full crowd for this event, but we also will be showing his presentation entitled “How to Raise $1Million in 30 Days or Less” on a live stream that can be found here.
One of the questions I get asked the most is some version of "what do you think of crowdfunding?" I usually answer with some noncommittal answer about how it is going to be important, but no really knows how it will impact the trajectory and success of startup companies. After all, the notion of banding together through social media to fund the development of a prototype, documentary film or art project has been going on for many years now.
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.
Last week's announcement detailing the rollout of Google's fiber optic network had the feel of a Silicon Valley big-time new product launch. It was definitely a big deal for Kansas City on both sides of the state line. Most importantly, information flowed copiously from Google about the details of their project—a welcome relief from the hitherto tight-lipped tech giant. The Google Fiber announcement lived up to the initial promise to deliver gigabit Internet speeds over a fiber optic network to homes at competitive prices.
"CODE2040 is a unique and dynamic program that creates access, awareness and opportunities for top minority engineering students to ensure their participation and leadership in the innovation economy." CODE2040 places students in internships with top tech companies and provides them with mentorship, leadership training, and network development.
As an entrepreneur in residence, I'm responsible for a wide variety of projects ranging from program management and storytelling to mentoring and teaching, the latter being the main focus of this and future blog posts.
Last week, we hosted Ice House Facilitator Training here at the Foundation. We had people come from across the country and the international community to be trained in how to facilitate an entrepreneurial mindset to members of their community. I had the chance to sit down with one of the facilitators, Rob Elwood, and learn about his reason for coming to this training, and how he sees it benefiting his community in Annapolis, Md.
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