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. Everyone is excited when a new company gets funded in their ecosystem, but no one spends much time thinking about where the money comes from to fund that deal. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

A close look at Singapore’s thriving startup ecosystem

TechCrunch

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Toni Eliasz.

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Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

TechCrunch

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 Other investors — Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp and New General Market Partners participated.

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.

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.

Next Media Accelerator on How Hamburg Helps Startups Gain Momentum

GAN

All of the branches are running successful accelerator programs, which benefit from the international trade relations and flair of the metro region. According to Hamburg Startup Monitor 2018, more than 660 young companies are to be found in the harbour city. Successful startups like About You, XING, Bigpoint, InnoGames, Jimdo, Mobile.de, Tipp24 and Free Now (formerly MyTaxi) started their journey in Hamburg. Accelerators Unite—GAN in Hamburg.

Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 But while the industry hails the rise of the region’s ecosystem and its growing fleet of unicorns , Latin America’s startup story has a far longer past.

The Expanding World of Accelerators

Gust

In some ways, it is now difficult to imagine a world without accelerators. Many of the globe’s most well-known and disruptive startups were propelled from the hallways of legendary accelerators such as Y Combinator, TechStars, and 500 Startups. AirBnb, Dropbox, Zenefits, Stripe, DigitalOcean, Heroku, Optimizely, Intercom, Reddit, and hundreds of other startup success stories were all briskly brought to life. The Startup Ecosystem

We Built a More Inclusive Accelerator—Here’s What We Learned

GAN

Guest Blog by Lunar Startups. Yet, consumers with purchasing power are getting younger and more racially diverse every year, creating a huge market opportunity for startup founders who deeply understand this under-served group. Accelerator programs—one of the best tools we have to increase a startup’s survival rate—are limited in solutions provided, in ambition rewarded, and even more limited in regards to the founders who participate.

500 Around the World: Takeaways from the Sberbank-500 Accelerator

500

If 500 has learned one thing from investing in over 75 countries, it’s the importance of placing bets in all the right founders and helping build ecosystems for them to thrive in. One of these often-overlooked regions is Russia, which despite challenges, has a booming tech and startup ecosystem. Thirty hand-selected startups took. The post 500 Around the World: Takeaways from the Sberbank-500 Accelerator appeared first on 500 Startups.

What Is A Startup Accelerator?

Feedough

The startup ecosystem is not as easy-going as it looks. Startup EssentialsRead more.

Why every VC should spend a month with an accelerator

TechCrunch

Juan Carlos Hernández is the executive director at parallel18 , a top-level, performance-driven international startup program with a social mission, part of the Puerto Rico Science, Technology and Research Trust. However, I believe that accelerators can be the glue bringing the two together.

FSD Africa expands insurtech accelerator program to Ghana and Nigeria

TechCrunch

FSD Africa is set to launch insurtech accelerator programs in Ghana and Nigeria next year to promote innovations that will drive the uptake of insurance in the two markets and beyond. We are planning to launch the BimaLab Insurtech Accelerator Program in Ghana and Nigeria.”

How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

Despite the attempts at seeding things way downtown, Flatiron and Soho is where tech startups grew, just like today. Just because you put up a structure doesn't mean it's going to sprout a whole innovation ecosystem. These are people whose business it is to support startups. You can get just about any wealthy person to part with some small portion of their wealth to put into risky investments, but these people don't contribute back to the ecosystem.

“We are going to create the best environment for startups in Europe”

TechCrunch

Spain’s government is gearing up to pass the country’s first ever startup law. The process of debating and agreeing the details of this startup ecosystem support framework is expected to take between six and nine months. In Spain, the average lifespan of a startup is 2.7

How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

According to Startup Genome , Beijing, London, Silicon Valley, Stockholm, Tel Aviv are some of the world’s best startup ecosystems. Startup ecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year.

As its startup market accelerates, Brazil could be in for an IPO bonanza

TechCrunch

Brazil’s startup market is reaching new heights, and its domestic stock market could benefit from the boom. According to data from KPMG , Brazilian startups raised the most capital in a single quarter in Q1 2021, when some $1.4 billion raised by Brazilian startups.

Next Level Entrepreneurship: Investing in a New Generation of Startups

Entrepreneurs' Organization

With its innovative model for empowering rural women and youth, IndiVillage introduces balance to India’s ecosystem—where cities tend to grow exponentially while rural villages have few economic opportunities. “We The EO Accelerator program is the catalyst that enables first-stage entrepreneurs to catapult their business to the next level. The program’s name reflects its focus on five pillars for startup success: Customer, Achievement, Recognition, Education and Social.

Why Techstars is doubling down on Europe

TechCrunch

While venture capital gains in markets like India, Latin America and the larger African startup ecosystem have proved impressive, Europe has posted strong results of its own. A string of recent exits from European startup hubs makes its performance all the more intriguing.

Christina Bechhold: Is Nice Necessary?

WSJ - The Accelerators

As the global startup ecosystem continues to grow, pulling in more people, companies and institutions, I challenge us all to be grateful for the success we make. CHRISTINA BECHHOLD: Speech and debate was one of my first and favorite club activities in high school, encompassing interscholastic debate, Model United Nations and Model Congress. Debate requires one to speak in declaratives, poke holes in your opponents reasoning and exude confidence possibly bordering on condescension.

Dispatches from the Road: Q2 2022

Revolution

miles to visit founders, college campuses, co-investors, ecosystem builders, and communities in rising cities. an event connecting coastal investors with Chicago’s most innovative startups. for a keynote Q&A on rising ecosystems and why he’s bullish on the Triangle.

Pittsburgh: A City Fueled By a Culture of Innovation and Community

GAN

It was the first of five trips we’re making around the world where accelerators, corporate partners, and startups come together around one purpose: Helping startups who are operating in unique places around the world (“everywhere else” places—the cities that might not be considered major tech hubs) gain more momentum, wherever they call home. And a decade ago, Pittsburgh became home—of course—to one of the first accelerators in the world, AlphaLab.

What is the Best CRM and Marketing Tech Platform for a New Private Equity/Venture Capital Fund?

David Teten VC

If you can, I recommend join HubSpot for Startups , which offers generous discounts. Ideally, we wanted to pull in data from outside databases , including data about limited partners and more broadly the startup ecosystem (e.g.,

How To Grow Your Economy. Build It, Don’t Buy It!

Ecosystem Builder Hub

Building Startup Communities is the Way to Economic Growth and Recovery. The pandemic has accelerated and exacerbated the situation. The research and evidence supporting the impact and value of startup community building is strong. The startup rate in the U.S.

AlphaLab & AlphaLab Gear on Hosting the GAN Momentum Tour in Pittsburgh

GAN

We at AlphaLab and AlphaLab Gear are excited to host top accelerators from around the world when the GAN Momentum Tour kicks off in Pittsburgh from September 9-12. As the North American host for this global tour, we are looking forward to connecting with our fellow accelerator leaders to continue sharing best practices on building our respective ecosystems through our accelerator and other startup programs. Events accelerators events momentum MomentumTour2019

How to Replicate Amazon’s Success in Rising Cities

Revolution

Does it mean that big tech will always choose to invest in coastal cities, further enriching strong startup ecosystems? It would have signaled that a more equally dispersed innovation economy is possible and it would have accelerated that progress for one lucky city. But to say that the end result dispels the notion that great companies can start and scale anywhere suggests that startup ecosystems require a big tech outpost to progress.

Startup Communities – Where to Find Them and How to Get Involved

Young Leaders of the Americas Initiative

While entrepreneurs can be found everywhere, some startup ecosystems are thriving more than others. Building a startup community, or startup ecosystem, is no easy task and requires a lot of intentional work. An interconnected startup community is one that shares common values and whose interests support the entrepreneurs, their ventures, and the startup community as a whole. What is a startup community? Why create a startup community?

500 Founders: Janelle Fenwick, Jack Coleman, Lane Litz & Frayne Cooke

NZ Entrepreneur

Want to tap in to the best startup advice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask innovators from around New Zealand for their top insights for first time startup founders.

Editorial: We owe a duty of care to founder mental health and it requires a collaborative solution

NZ Entrepreneur

Having spent close on a decade working in and reporting on our small but burgeoning startup ecosystem, and a decade before that “building my chops” in other various entrepreneurial endeavours, I am familiar with the toll that entrepreneurship can exact on founder mental health.

SeedFuel–Rowad, Flat6Labs, and Nest on the Bahrain Startup Community

GAN

If you’ve ever wondered what an island like Bahrain has to offer to entrepreneurs and startups, we’re happy to fill you in and let you know how the ecosystem here has developed with the support of key stakeholders. Bahrain positions itself as business-friendly, with advantages that any startup would find valuable. In addition, there are a number of accelerators based in Bahrain, which can be viewed on Startup Bahrain’s ecosystem page.

Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Over the last five years, Brazil has witnessed a startup boom. Salvador (Bahia’s capital) is the natural birthplace of Brazil’s Black Silicon Valley, which largely centers around a local ecosystem hub, Vale do Dendê. Paulo Rogério Nunes. Contributor.

Engaging with the startup community: in conversation with Reece Walker and William McCullough

Startup Catalyst

We talked about how startups have changed over the last few years, what support has meant to them, Startup Catalyst missions and their impact, as well as ways to get involved in the startup community. Reece Walker is a partner at McCullough Robertson and a director of Startup Catalyst. He has been a supporter of the startup community since before the word startup was in general conversation. The 2017 Startup Catalyst Europe Mission cohort?—?Will

12 ‘flexible VCs’ who operate where equity meets revenue share

TechCrunch

Flexible VC: A new model for startups targeting profitability. Flexible VC: A new model for startups targeting profitability. Flexible VC: A new model for startups targeting profitability. David Teten. Contributor. Share on Twitter.

Venture studio Adanian Labs fuels startup growth in Africa

TechCrunch

In February 2020, as the world was shutting down, and as businesses downsized on account of the Covid pandemic, John Kamara was busy establishing another new startup Adanian Labs in Nairobi, Kenya’s capital. It makes equity investment of up to $120,000 in these startups.

When You Pitch, Make Sure to KISS

GAN

During the first 20 minutes of the chat, I gave background on accelerators, corporates, and the startup studio industry, trends we’re seeing, opportunities in front of us, and a variety of other important data points describing GAN’s work. Given that, I very rarely talk about how accelerators operate—jumping straight into data surrounding them instead—because I believe that they’re smart people and that means they probably already know what accelerators are.

How to Find a Job as a VC Scout: Compensation and Which Firms Are Recruiting

David Teten VC

For emerging VC and private equity investors: accelerators, platforms, communities, and incubators. You’re involved in other aspects of the firm’s activities: due diligence, portfolio acceleration, board service, etc. Refer a startup, get $2,500”. Accelerator Centre.

When VCs turned to Zoom, Chicago startups were ready for their close-up

TechCrunch

Chicago’s startup scene is finally getting the attention it long felt it deserved. Different markets are seeing differing amounts of activity, driven in part by their startup ecosystem’s maturity and the ease with which external capital can be deployed.