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1 Million Cups in the Triangle

Research Triangle, NC –

What is 1 Million Cups?

1 Million Cups is a Kauffman Labs program for entrepreneurs, by entrepreneurs. It takes place in 17 cities around the country every Wednesday from 9 – 10 am. Each week, 1MC offers two local entrepreneurs an opportunity to describe themselves and their ventures in 6 minutes, followed by a 20 minute conversation with an audience of fellow entrepreneurs, advisors, and mentors.

We are fortunate to have this program in the Triangle. To get to the nearest cities that host a 1 Million Cups program, you have to go either to DC, Chattanooga or Orlando.

1 Million Cups in the Triangle

The 1 Million Cups programs in the Triangle are scheduled every Wednesday from 9-10 A.M. and alternate between the RTP Headquarters and Launch Chapel Hill.  Put Wednesday mornings on your schedule to share some coffee, find out about some interesting new ventures and network with some interesting entrepreneurs in the Triangle area.

To find out where 1 Million Cups will be meeting in the coming weeks, you can check the following websites:

Looking at the schedule, January 8th should be at Launch Chapel Hill.

Previous Tech Tank Articles on 1 Million Cups

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Tech Tank Top 10 for 2013

Cary, NC – 2013 was a good year for Technology activity in NC and the Triangle. The pages and regular features from Technology Tank that you found most helpful were our Tech Calendar, the listing of Tech Meetup Groups and the monthly lists of Upcoming Tech Events.

The articles of greatest interest were about activities of local ‘civic hacking’ groups, like CityCamp, Code for America, and NC Datapalooza.

Tech Tank Top 10 Articles

Here are the Top 10 Tech Tank articles based on your views:

  1. Pulse Point for the Triangle – PulsePoint is a 501(c)(3) non-profit foundation based in the San Francisco Bay Area, and brings the promise of higher survival rates from heart emergencies. The Triangle EMS dispatches only need to be hooked in and we will begin to be able to take advantage of this great service. A look at team activity from the 2013 CityCamp NC.
  2. Google Designates Cary as North Carolina’s 2013 eCity – The eCity Awards recognize the strongest online business community in each state.
  3. Triangle Ranks High in Tech Start-up Density – A Kauffman study has both Raleigh-Cary and Durham-Chapel Hill in the top 25 Metros for High-Technology Business Formation and Job Creation in the United States.
  4. DevFestNC 2013 – Nov 2nd – The inaugural event of the Google Developer Group in Research Triangle.
  5. RGreenway Expands to Include Cary – RGreenway was the winning application developed by a group of civic hackers at the 2012 CityCamp Raleigh. The team has continued to expand the coverage of the RGreenway app by incorporating greenway data from municipalities adjacent to Raleigh.
  6. Code for America Helps Raleigh – An article about the cooperation of all Triangle Code for America Brigades to assist Raleigh with their Open Data Portal update.
  7. A Look Inside: Code for America Cary – Review of the happenings in a typical Code for America Brigade meeting.
  8. Imagine Cary Preview – Cary started their multi-year forward planning effort and we look at some interesting demographic changes over the years.
  9. NC DataJam Coming April 22 – NC DataJam and NC Datapalooza were the first regional Open Data competition to be held outside the White House.
  10. Talking Open Data – In preparation for Cary Open Data Day, we have a discussion with Jason Hare, the Raleigh Open Data Manager.

Picture from iabusa under Creative Commons

Global Entrepreneurship Week - Triangle Luncheon Collage Image

Global Entrepreneurship Week – Triangle Luncheon Nov 20

Research Triangle, NC – Join us in celebrating Global Entrepreneurship Week with a Triangle Entrepreneurs Luncheon at Embassy Suites.

Triangle Takes Off

There’s a new buzz in the Triangle as entrepreneurship and technology cross-pollinate like never before.

Witness the expansion of American Underground and HQ Raleigh. Google’s been making its presence felt with the first public debut of Google Glass and the establishment of a Google for Entrepreneurs Tech Hub in Durham.

It’s no wonder the Triangle is ranked one of the top 5 areas for technology in the United States.

Global Entrepreneurship Week

Global Entrepreneurship Week (GEW) is the world’s largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare.

During one week each November, GEW inspires people everywhere through local, national and global activities designed to help them take the next step in their entrepreneurial journey.

These activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors—introducing them to new possibilities and exciting opportunities.

Global Entrepreneurship Week is not one single event–it is tens of thousands of events, activities and competitions happening in more than 130 countries.

Triangle Entrepreneurs Luncheon

What better way to celebrate entrepreneurship than with a little power networking and a luncheon? We’ve lined up Mital Patel for some Q&A during lunchtime.

Mital is a key cog in the Triangle entrepreneurial ecosystem. A lawyer and technologist, Mital has been part of the some of the Triangle’s most interesting projects.

The Q&A will be conducted by Hal Goodtree, a Tech Tank fellow and the publisher of CaryCitizen.

Event Details

Registration starts at 11am and Lunch and the program starts at 11:30am

The luncheon will be held at the Embassy Suites, Raleigh – Durham/Research Triangle, located at 201 Harrison Oaks Blvd in Cary, NC (just off I-40 at the N. Harrison Avenue Exit #287)

Tickets are $40, include lunch and are limited so reserve your spot today.

This luncheon is part of the Global Entrepreneurship Week and immediately follows the Triangle Startup Weekend held in Chapel Hill that is competing in the 2013 Global Startup Battle!

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Global Startup Battle

This one caught me: “Global Startup Battle”. Watch the cool YouTube Video.

What is Global Startup Battle

Global Startup Battle (GSB) is a global initiative where Organizers from hundreds of cities around the world simultaneously host Startup Weekend events during Global Entrepreneurship Week – the weekends of November 15th and 22nd, 2013. Post weekend, all teams will go on to compete against each other in a massive online video contest for amazing prizes designed to help their startup succeed.

We plan to have over 200 events with more than 20,000 entrepreneurs, mentors, coaches, special guests, celebrities, and more. Our GSB partners are making it possible for EVERY team to participate. That’s right, for the first time ever, every team will be eligible to compete in one of the themed brackets hosted by Coca Cola, AWS, .CO, and Google for Entrepreneurs. The top 2 teams from every city will battle in Google’s Championship Bracket, while all teams will be invited to compete in any or all of the other themed brackets they qualify for!

GSB is great way to plug into the vibrant worldwide UP network and we want to officially invite you and your community to join us!

Global Startup Battle in the Triangle?

We don’t know yet and are asking questions. The Triangle should have a chance (or chances) to participate. Stay tuned!

NEXT logo

NEXT Starts September 11

Durham, NC – The Startup Weekend Organization is bringing NEXT to the Triangle starting September 11th, 2013. You may know of the successful Triangle Startup Weekends in March and July, and NEXT is another Startup Weekend program.

What is NEXT?

NEXT is a product of UP Global which helps startup founders become better prepared to build successful startups. It is a five-week “pre-accelerator” program rooted in Steve Blank’s Customer Development methodology, driven by mentors and unique video content. The NEXT program helps founders gain a crucial base of entrepreneurial skills and knowledge.

What You Will Learn?

  • How to generate assumptions to validate about your assumed customer’s wants/needs, motivations and behaviors.
  • How to find and reach out to people for interviews that match your assumed customer segments.
  • How to define experiments that validate or invalidate assumptions you have about your business model.
  • How to develop your own customer discovery interview plan.
  • How to conduct effective customer discovery interviews.
  • How to turn customer feedback into real insight.

How do I register for NEXT?

Registration is easy through the EventBrite Registration Page. An Early Bird pricing of $149 is still available which is a very reasonable charge to entrepreneurs to be able to gain this knowledge.

Disclosure: I have signed up for the class and am not receiving any benefits for promoting the class. Sign up soon and join me for what looks to be a fun time! Warning, there may be a lot of work involved… At least I hope so.

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1 Million Cups in the Triangle

Research Triangle, NC – Every Wednesday morning in the Triangle, 2 local start-ups present to a diverse audience of mentors, advisers and fellow entrepreneurs. The program meetings alternate between the LaUNCh Chapel Hill business incubator and the RTP Headquarters.

What is 1 Million Cups?

1 Million Cups (1MC) is a simple way to engage entrepreneurs in communities around the world. Each week, the 1MC program offers two local entrepreneurs an opportunity to present their startups to a diverse audience of mentors, advisors, and entrepreneurs. Presenters prepare a 6 minute educational presentation and engage in 20 minutes of feedback and questioning after they present. Entrepreneurs gain insight into possible ways they can improve their businesses, gather realtime feedback, connect with a community that truly cares about their progress, and walk away feeling like they have advanced their business. The audience also learns a great deal from the presentations. Whether this is through passively listening or deeply engaging with the entrepreneurs, there is much to learn every week from these dynamic and diverse communities.

The 1 Million Cups program is a collaboration of Entrepreneurship.org and the Kauffman Foundation. 1 Million Cups can be found in 13 cities with Orlando joining on September 11. RTP/Chapel Hill is the only location in North Carolina for this engaging program.

Have you been to a 1 Million Cups program? What do you think about this entrepreneurship promotion program?

Visit the Chapel Hill / RTP 1 Million Cups Website for details about who will be presenting in the coming weeks.

Kauffman Foundation today are releasing a report on Tech startups: “Tech Starts: High-Technology Business Formation and Job Creation in the United States“

Triangle Ranks High in Tech Start-up Density

Research Triangle, NC – Engine in collaboration with the Kauffman Foundation today are releasing a report on Tech startups: “Tech Starts: High-Technology Business Formation and Job Creation in the United States“. The report specifically examines the impact of new, high-tech startups on job creation, finding that high-tech startup formations are way up, and that these firms create jobs at twice the rate of other young private sector firms.

The report looks at both the high-tech sector and the information and communications technology (ICT) segment of high-tech and their important contributions to entrepreneurship in the U.S. economy.

During the last three decades, the high-tech sector was 23 percent more likely and ICT 48 percent more likely than the private sector as a whole to witness a new business formation.

NC has 2 Metros Ranked in the Top 25

NC Metros for High-Tech Startup Density* (2010):

  • Raleigh-Cary, 13th at 1.9
  • Durham-Chapel Hill, 22nd at 1.6

NC Metros for ICT High-Tech Startup Density* (2010):

  • Raleigh-Cary, 10th at 2.1
  • Durham-Chapel Hill, 19th at 1.6

* Density values of one (1) indicate that a region has the same density of startups as does the United States as a whole. Density measures greater than one indicate above average densities. Metro startup density peaks around 3 (with Boulder, CO as an outlier at 6+). Startup density determined by comparing 384 metropolitan areas in the United States in 2010.

Changes Over the Last Decades – High-Tech Startup Density

Raleigh-Cary, NC

  • 1990 – 1.8
  • 2010 – 1.9

Durham-Chapel Hill, NC

  • 1990 – 0.9
  • 2010 – 1.6

Changes Over the Last Decades – ICT High-Tech Startup Density

Raleigh-Cary, NC

  • 1990 – 1.4
  • 2010 – 2.1

Durham-Chapel Hill, NC

  • 1990 – 0.7
  • 2010 – 1.6

The Triangle has a Bright Future

The Triangle has a developing entrepreneurial community anchored by the Research Triangle Park, fueled by our 3 major university centers (NCSU, Duke, UNC-CH), housed in our exploding incubators and accelerators (American Underground, HQ Raleigh, First Flight Venture, etc.) and supported by our great quality of life. Our Tech startup density is increasing rapidly; where it stops, no one knows!

Read the report for all the details.

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Triangle Startup Weekend Recap

Durham, NC – Triangle Startup Weekend (TSW) was a rousing success. Over 250 designers, developers, entrepreneurs and investors packed the new co-working space in Durham, American Underground at Main.

The 54 hour event started with 56 pitches and ended with 14 teams presenting the projects that they had worked on tirelessly. Lots of great ideas were developed but as always only a few made it to the top of the judging criteria.

A description of the 14 final team pitches are listed in the TSW Blog.

Coursefork™, the winner of the March 2013 Triangle Startup Weekend gave a great presentation about their progress in the 4 months since they won the last TSW.

Congratulations to all the teams! TSW was a great place to network, so make sure you plan on attending the next Startup Weekend in your area.

Startup Weekend – powered by the Kauffman Foundation – is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals, teams and communities.