Miami tech leaders talk about the future of the city’s startup ecosystem.
Back in 1998, when the Miami Herald launched its first ever Business Plan Challenge, Miami had no real startup community. The inaugural event of Refresh Miami, the tech booster nonprofit Breslin co-founded, was a meeting at the Starbucks on Alton Road and 16th Street in Miami Beach in 2006. Matt Haggman, who had just taken over as Miami director for the Knight Foundation, announced that entrepreneurship would now be the Knight Foundation’s priority for Miami. Miami’s startup ecosystem finally caught the nation’s attention in the winter of 2014, Breslin says, when Refresh hosted an. While the fate of the region’s multibillion-dollar startup, augmented reality software company Magic Leap, hangs in the balance, the presence of both giants has helped lift Miami’s national profile.
Another pernicious divide plaguing Miami’s ecosystem is that many of those working on startups are business entrepreneurs – not tech developers or designers. Miami Mayor Francis Suarez has said he is trying to do as much, announcing recently he would give tech companies moving into. Part of Miami’s challenge may simply be reputation – Miami has never been known as a hub for developers. Dual Kauffman rankings show Miami as America’s top community for new startup activity – but near the bottom for scale ups. When it comes to the average number of employees per high-tech firm, a.
new report from the Miami Urban Future Initiative puts Miami second to last – 52nd among large U.S. metros. Betsy Atkins, a Miami-based entrepreneur and a frequent guest on national business media networks, says Miami is still working its way up to second-tier tech hub status. 10 Key moments that shaped the ecosystem Late 1990s: Manny Medina establishes Terremark as a leading telecoms firmApril 2006: Refresh Miami holds its first brainstorm session2008-2009: Housing crisis shifts investment into tech – and Wynwood, where land is cheapDecember 2010: Panther Coffee opens in Wynwood, serving as an anchor and catalyst for WynwoodWinter 2012: Matt Haggman launches Miami entrepreneurship initiative at the Knight FoundationJune 2012: Wynwood LAB co-working space opens its doorsSeptember 2013: Endeavor accelerator lands in MIamiWinter 2014: First eMerge conference heldJuly 2016: First Venture Cafe night held at Cambridge Innovation Center MiamiFebruary 2018: Miami named No. 1 city for co-working10 Startups To Watch Caribu.
Three Insurance Tech Startups Announce Moves To Hartford
Ten startups hailing from five states and five countries took to the stage to share presentations honed over four months of close collaboration with Hartford insurance anchors, daily networking downtown and practice pitch nights at noisy city breweries. Three of the startups said they’re relocating to Hartford, two more hope to build teams here and several said they’ve vastly changed their businesses based on their time in the accelerator. The inaugural Hartford InsurTech Hub held a showcase of its first 10 participating startups on April 18, 2018. Kaushik Tiwari, founder and CEO of insurance technology startup TrueDime, presents at the Hartford InsurTech Hub’s Demo Day on April 18, 2018. Tiwari, whose chief technology officer studies at Trinity College in Hartford, says he came to this city because he believes in insurance.
The hub itself was supported by a $1.5 million grant from CTNext – a division of the state’s main investment arm, Connecticut Innovations – and matching funds from Travelers, The Hartford, Cigna, White Mountains Insurance Group, USAA and other partners of the hub. Wednesday’s showcase also marked the completion of the first major element of Hartford Innovation Places, a quasi-public initiative by CTNext to transform the capital into a center of enterprise and economic development in the areas of insurance, medical technology and aerospace and advanced manufacturing. Though nicknamed the Insurance Capital of the World, Hartford has the fifth-strongest insurance cluster in the nation – employing almost 36,000 people – and the local industry lost nearly 20,000 jobs between 2004 and 2014, according to the Innovation Places strategic plan. CAPTION. Candlewood Suites open a new hotel in Hartford on Market Street just down the road for the Hartford Yard Goats Stadium and XFINITY Theatre.
Candlewood Suites open a new hotel in Hartford on Market Street just down the road for the Hartford Yard Goats Stadium and XFINITY Theatre. CAPTION. UConn’s downtown Hartford campus was officially opened Wednesday with remarks by dignitaries and a ribbon cutting, breathing new life into the historic Hartford Times building. UConn’s downtown Hartford campus was officially opened Wednesday with remarks by dignitaries and a ribbon cutting, breathing new life into the historic Hartford Times building.
Phoenix Rising: How A Tech Startup Oasis Emerged in the Arizona Desert
Serial entrepreneur and Phoenix, Arizona, native Derek Neighbors had a software engineering degree, a passion for new technology and an entrepreneurial itch. Instead, Neighbors joined a growing number of startup founders who decided to start and scale their companies in Phoenix. In 2008, he and his co-founder, Jade Meskill, rolled up their sleeves and set to work building Gangplank, a startup co-working and event space in Chandler, for tech-obsessed creatives like himself. In the process, Neighbors has also helped cultivate a blossoming tech ecosystem in what was once a startup desert. With zero annual snowfall – compared to the average U.S.
city, which receives about 26 inches of snow per year – and with 299 bright and sunny days per year, the famously balmy climate is enough to attract people to the Phoenix area all on its own. Neighbors, too, enjoys the affordable flight options out of Phoenix Sky Harbor International Airport. The Gangplank community always rises up when they’re needed. Several Phoenix area public entities, including the Arizona Commerce Authority and the Greater Phoenix Economic Council, as well as nearby Arizona State University, are actively pitching in to encourage area entrepreneurial innovation, and have been for some time. The nearby college town of Tempe, situated approximately 10 miles to the southeast of downtown Phoenix, is leading area economic development, beginning with building a bioscience hub to attract startups and enterprise companies in the health industry.
Several big-name and up-and-coming Silicon Valley tech companies have recently set up shop in Greater Phoenix, helping to foster the area’s innovation and talent tech boom. For its part, Co+Hoots has assisted many larger companies and brands that now operate nationally and internationally in launching in Phoenix. There’s a built-in startup community that tech entrepreneurs can easily tap into.