Startups

Stanford University Tops List of Most Venture Capital-Backed Startups

Startup funding

STANFORD, CA (September 27, 2018) - Stanford University topped the list of universities with the most venture capital-backed startups in 2018, according to a new report by PitchBook. The University of California - Berkeley, Massachusetts Institute of Technology and Harvard University followed in this category.

Stanford’s 1.178 entrepreneurs raised $28.8 billion in funding over the last ten years.

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Small Businesses Booming in Rhode Island

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PROVIDENCE, RI (September 26, 2018) - The state of Rhode Island invested in numerous small business development and funding programs and is enjoying a subsequent boom in small businesses and startups.

The state government recently launched a small business funding program providing capital to 125 new businesses, as well as initiatives to help new and existing businesses on product development, research and recruiting new talent.

“Providence seemed like a place where people could really follow their passions and open the store of their dreams,” said Emma Ramadan, owner of Riffraff Bookstore and Bar. “Every person we turned to for help or assistance, whether in government or the small business association or our lender, helped us so much along the way.”

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Launch Alaska Funds Alternative Energy Startups

Alaska Small Business Finance

ANCHORAGE, AK (September 6, 2018) - A new business accelerator Launch Alaska is funding alternative energy ventures to explore solutions for the state’s high energy usage.

Isaac Vanderburg can! “Alaska is the ideal place for an alternative energy start up today,” said Isaac Vanderburg of Launch Alaska. “It’s a great place to prove your concept and get some traction.”

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Wisconsin Women Entrepreneurs Celebrate Success, But Note Challenges

Wisconsin Women Entrepreneurs

MADISON, WI (September 5, 2018) - The women-led Doyenne Group hosted the 5x5x5 pitch contest last week as part of the Forward Festival celebrating Wisconsin entrepreneurs.

“While I agree it’s been a banner year for women, in general and in Madison, female entrepreneurs still face steep challenges in the startup space, especially in tech,” said CEO Abigail Barnes, of Allergy Amulet.

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TechStars Hosts Innovation Day in Frankfort, Kentucky

Kentucky Startup Funding

FRANKFORT, KY (August 23, 2018) - Entrepreneur mentorship network TechStars hosted Innovation Day in Frankfort, a summit for startups and entrepreneurs to meet potential investors and access resources throughout the state of Kentucky.

"Through our KY Innovation efforts, the Commonwealth is a leader in connecting entrepreneurs and small businesses with the resources needed to launch globally competitive companies," said Kentucky Governor Matt Bevin. "Whether they need mentorship, access to premier research facilities or financial capital, we're aligning valuable resources through KY Innovation and RISE to help them succeed. Unprecedented collaboration between the state's public and private sector partners is opening new doors of opportunity, and there has truly never been a better time to start and grow a business in Kentucky."

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Idaho’s Entrepreneur Challenge Awards Seed Funding to Top Startup Pitches

Idaho Entrepreneurs

BOISE, ID (August 21, 2018) - Zion Bank awarded $100,000 in seed funding for startup ideas pitched by Idaho State University students at the annual Idaho Entrepreneur Challenge.

The event gives students an opportunity to present their ideas to a team of angel investors and venture capitalists.

“Numerous judges and panelists commented on the very high quality of the ideas and presentation of the ISU teams. Over 90 teams from across the state joined the competition. According to the judges, our student teams represented ISU very well as the benchmark institution for others to follow,” said Jeff Street of the ISU Center for Entrepreneurship and Economic Development.

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Delaware Founders Initiative Mentors Startups and Entrepreneurs

Delaware small business

DOVER, DE (August 20, 2018) - The new Delaware Founders Initiative is supporting innovation and entrepreneurship in Delaware, providing business development and mentorship services to startups and new entrepreneurs.

“We’ve worked with 46 entrepreneurs’ over our three-year history, and we’re continuing to seek out and to help Delaware’s risk-takers get off the ground to help rebuild our state, turning it into a destination for ideas, innovation and industry once more,” member Bill Topkis said.

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Rhode Island Coalition of Entrepreneurs Launches to Boost Startups

Rhode Island startup funding

PROVIDENCE, RI (September 4, 2018) - The Rhode Island Coalition of Entrepreneurs formed to offer events, community-building and business development training for founders and CEOs of new startups throughout Rhode Island.

“One of the things that has always struck me as odd is most entrepreneurs here in town don’t know each other,” founder Pat Sabatino said. “I’ve had instances of talking to people who had adjacent products and offices less than a mile apart, and they didn’t know each other.”

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