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There have been a lot of places that have tried it recently. There have been startup "accelerators" and seed funding thingers in non-hub cities popping up like
by wheels 15y ago
There have been a lot of places that have tried it recently. There have been startup "accelerators" and seed funding thingers in non-hub cities popping up like wildfire. I know of programs that have run in Toronto, DC, Chicago, Atlanta, Edinburgh, Santiago and there are many others that I've forgotten. Some of those had public funding.
I think the key bit in tptacek's comment is, "not for any amount we've seen spent to date". You probably could buy a startup scene. But not for a laughable $500k. Both pg and Brad Feld have written on such. The gist, from memory, is that it'd take a whole lot more money and a couple decades.
- Rariel 15y agoWhat program like this exists in DC?
- wheels 15y agoLaunchBox Digital started there, then moved to Durham, then moved back to traditional angel investing. In fact, most of the programs that I listed above at this point are defunct, which was kind of what I was getting at.
- vnchr 15y agoYeah, what's key here is that there's more going on then just AG. I'm working with a group to launch a Founder Institute chapter here, for example. And we're working hand-in-hand with AG and a new seed fund that's popped up in the last year. No one initiative can build a community--rather AG's grants are a fruit of the community being built rather than a seed expected to start the whole thing off.