Entrepreneurial

TechStars raises the ante in the startup accelerator race

– Mark Boslet is a contributor for PE Hub, a Thomson Reuters publication. This article originally appeared here. –

Interest in seed stage incubators, accelerators and entrepreneurial funds continues at full bore, with companies, firms and universities all getting into the act.

Vodafone early this month opened the doors of its Silicon Valley research center to startups with the hope of encouraging faster innovation on its network.

Carnegie Mellon University, not to be left out, kicked off an accelerator at its Silicon Valley campus last month to give students a hands-on approach to entrepreneurialism. Menlo Ventures showed its determination last week by unveiling a $20 million Talent Fund designed to permit quick fundings of up to $250,000 to promising startups.

Now TechStars is increasing its bets in an effort to keep pace with industry guru Y Combinator. The incubator with locations in Boulder, New York, Boston and Seattle announced today $24 million in new funding from the Foundry Group, IA Ventures, Avalon Ventues, DFJ Mercury, SoftBank Capital, SVB Financial Group, RRE Ventures, Right Side Capital Management, TechStars Alumni, and several individuals.

Why governments don’t get startups

– Steve Blank is a serial entrepreneur. He teaches at Stanford University, U.C. Berkeley’s Haas Business School and at Columbia. He is the author of “The Four Steps to the Epiphany” and “Not All Those Who Wander Are Lost”. This article originally appeared here. The views expressed are his own. –

Not understanding and agreeing what “Entrepreneur” and “Startup” mean can sink an entire country’s entrepreneurial ecosystem.

I’m getting ready to go overseas to teach, and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. After poring through stacks of reports, white papers and position papers, I’ve come to a couple of conclusions.

Startup incubators multiplying like “mosquitoes”

– This is a Venture Capital Journal article that  appeared on PE Hub – both are Thomson Reuters publications. –

There’s no denying that an incubator rebirth is taking place, thanks in large measure to Y Combinator.

Y Combinator clones are everywhere. Several dozen of them already exist and insiders expect more than 100 such incubators will be operating nationwide before long. And they’re busy churning out plenty of startups. This past week, AngelPad held a demo day for its startups to pitch VCs, its second demo day in less than six months.

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