Category Archives: Entrepreneurship

How Utah Became the Next Silicon Valley

Brookings Institution, has come up with a report comprising of industries which contribute to the growth of the U.S GDP and have named this sector as “super sector”. The sector consists of development in research and development—more than four hundred and fifty dollars per worker—and they employ high proportions of people from the fields of science, technology, engineering, and math, collectively known as the S.T.E.M. fields. The report also determines the locations with high development of super sector. The surprise was Utah had three cities in the top 15 cities. In Utah, by contrast, the firms aren’t concentrated in one particular sector—the state’s super-sector employment comes largely from software businesses, but also from medical-device manufacturers and makers of aerospace products, among others—and the three cities on the list are all within driving and public-transit distance of one another. For more details, Read More>>

U.S. Venture Capital Investment Spanned 160 Cities in 2014

Venture capitalists invested $48.3 billion into companies located in 160 metropolitan statistical areas (MSAs) in 2014. The venture community continues to invest in entrepreneurs founding innovative companies in regions across the U.S., deploying capital to more cities in 2014 than any year in the past five years. The article also provides with lists of cities in which venture capitalists have been investing more money. Read More>>

Kleiner Perkins, Al Gore, Revolution Growth invest $50M in Optoro, a Lanham start-up

Kleiner Perkins Caufield & Byers, a Silicon Valley venture capital firm has invested $50 million on a  start-up called Optoro. Kleiner is known to have supported some of the most iconic businesses in the world. The latest being Optoro, which began a decade ago in the Brown University dorm room of a Washington entrepreneur, builds software that enables big-box retailers to redirect their unsold or returned inventory, from laptops to blenders, to online sites such as eBay and Amazon.com. Read More>>

University Education: Convergence Analytics and the Internet of Everything

The skills taught in university classrooms and the skills needed and looked for in real-world JOBS have a stark and growing imbalance. The real challenge is whether university education is the next market to be disrupted in the U.S. economy.To land a good job position to make a college-worthy career is every student’s ultimate goal, and the same is being questioned with all their high-priced education and gargantuan debt LOANS that doesn’t yield the end result. Data and convergence aanalytic are embedded into each of our lives. And yet students graduate without the skill sets to even BEGIN to understand, or let alone build, the products. Read More>>

Let’s Pivot Again — Handmake Me Is An Ethical Marketplace For Handmade Gifts

Most of the successful and emerging start-ups and tech companies have had a failing, or a pivotal point and then starting over again. After all, the entrepreneurial road can be a long and winding one. The latest to join this bandwagon is, Handmake Me, an ethical marketplace by the team behind Hobzy which has re-launched to offer a gift-BUYING experience where every product is handmade by a skilled individual, as they are customisable/made-to-order. They have also taken the e-commerce route and created a platform for buying authentic handmade gifts which are ideal for the upcoming festive season. Read More>>

Unshackled, a New Angel Fund, Forms to Back Immigrant Entrepreneurs

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A new San Francisco-based angel fund,Unshackled, Started by an immigrant, Nitin Pachisia, and the son of immigrants, Manan Mehta, has raised $3.5 million to hire entrepreneurs as employees, providing them with a paycheck, work visas and health benefits while they try to build their start ups to the point where they can raise another round. The company hopes to give an opportunity to immigrant entrepreneurs to shine. Read More>>

Dropoff Will Build Same-Day Delivery Right Into Your Business

Dropoff is looking to revolutionize the courier industry with its new services. Dropoff offers a web and mobile dashboard that lets you book a courier anytime, review prices before you start, get reliable ETAs and then track the package as it’s moving. Despite the competition, Dropoff hopes that its dedication to focusing on businesses only, not consumers, and specializing in industries outside of the usual grocery delivery, will pay off. Read More>>