Just talking about student loan debt cancelation gives Skyler Pearson chills, and makes her want to cry.
The co-founder and CEO of Nexgarden, a Portland, Oregon, indoor farming startup, she graduated from the University of Oregon in 2013 with just under $50,000 in student loan debt. When she launched her company in 2017, she had no idea how much that debt would tighten her operational budget and limit her access to capital most recently, preempting her from obtaining a $100,000 bank loan to help Nexgarden grow its production capabilities.
So when President Biden took office, Pearson s mind went straight to one of his campaign promises: student debt cancelation. Oh, my god, she recalls thinking. This is a thing that could actually happen.
Madrona puts Create33 on pause as pandemic upends startup community and co-working space
January 27, 2021 at 7:44 am
Create33 in Seattle. (GeekWire Photo)
Create33, the Seattle-based “founder center” established by Madrona Venture Group, is no longer operating a co-working space and is revamping its membership program due to changes caused by the pandemic.
Create33 launched in July 2018 one floor beneath the downtown office of Madrona, a long-time Pacific Northwest venture capital firm that provided financial support for the organization. It aimed to be a community nexus of the Seattle startup ecosystem where budding entrepreneurs could learn from mentors, network with peers, attend events, and rent office space.
Pune (Maharashtra) [India], January 21 (ANI/NewsVoir): Self-made entrepreneur Nitin Vijay is coming up with an e-Programme to help the kids aged between 8-16 years develop entrepreneurial skills. A name to reckon with in coaching institutes, Vijay is successfully running his institute Motion Education in Kota (Rajasthan) and branches in more than 18 cities in India, for the last 13 years. The planned e-Programme in Pune aims to bring out the city's talents, which will help Pune emerge as the grand factory for entrepreneurs. The Student/Child friendly programme with practical approach would guide the kids to be the next big thing rather than being a just skilled talent.
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The year 1995 was a good time to be an entrepreneur. Especially a high-tech entrepreneur in Silicon Valley, with the internet boom starting, the economy growing, venture capitalists searching for new investments, and a whole horizon of novel business ideas to explore.
Indeed, a new study co-authored by an MIT professor shows that U.S. startups founded in 1995 enjoyed more growth than startups founded in any other year from 1988 to 2014. Other things being equal, the startups of 1995 were three times as likely to grow significantly as those from 2007, which had to battle through the 2008-2009 Great Recession.
From Oxford of the East to a Growing Startup Hub
Rachita Sharma, Editor, StartupCityNestled at the foot of ShayadriMountains is Pune, an old historical city with a bright youthful spirit. The second largest city in the state of Maharashtra, for years Pune was largely recognized as a city of culture and art. Home to various educational institutions of repute, the city was christened the ‘Oxford of the East’. However, the city lagged behind when it came to being a financially forward market. But the young and restless demographic of the city is keen to change that and is striving to turn the city into the next startup hub of India.