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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
"Raising capital in the Midwest is a lot different than raising on the coasts," said Kurt Brenkus, CEO of Wisconsin-based Aver Informatics. "We had to hit the streets making the rounds with angel investors."
Leaving presentations to chance is like embarking on a trip without a map (hat tip to Amanda Schnieders for the metaphor). If you don't know where you're headed and how you'll get there, you may not reach your destination.
Adam Berk had a vision of creating an online library where neighbors could borrow tools and electronics from one another. Why buy a fancy camera you only needed to use once for a big trip? Why invest the money in physical tools for a home remodeling project if you are never going to need them again? Adam and his best friend Dave spent 5 years creating this utopian community, neighborrow, powered by a new form of currency. Their business model was to eventually white label the product and sell it to large apartment buildings and others who wanted to facilitate a borrowing community. But they never achieved their vision.
At age 25, Laura Sanko was a founding member of a startup that raised $3.5 Million from some world-famous investors and the Founder’s Fund. The business model was simple: a website that rented high-end jewelry for special occasions for a fraction of the retail value of each piece. Three years later, the investment money was all gone and while the site continued to operate, it had failed to meet the investors’ expectations. I sat down with Laura to figure out what went wrong.
Long understood to be the engine of the U.S. economy, the world is embracing entrepreneurship as one of the primary means of building a long-term recovery. Ironically, for this spreading global fervor to make a sustainable impact, the world of entrepreneurship must shrink.
Last week the FCC unveiled recommendations for using broadband to advance key national priorities. The plan, which can be read here, identifies the top priorities as:
• Creating jobs and economic opportunity
• Improving healthcare and controlling costs
• Providing more educational opportunities and improving outcomes
• Promoting energy independence and efficiency
Life science entrepreneurs at the Life Science Ventures Summit are set to gain valuable knowledge this weekend from those in the know. Read more about this event for life science entrepreneurs.
Life sciences venture capital investing rose in the second quarter, due in part to increased exit activity. Read more for details on life sciences companies’ deals.
The Anatomy of an Entrepreneur provides insights into motivation, education and family history of startup founders. The research also shares views of those founders on determining success of new companies.
At the Kauffman Foundation, we recently announced a grant to a group that is trying to map and track where startups are around the world. The project--Startup Genome--is working "to build the most complete and accurate database of the world's startup communities, present it in useful, beautiful ways and provide tools and reports that community builders can use to gain insight into what's happening in their community. And make better decisions about how to grow it."
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