500 Startups, a Silicon Valley venture capital seed fund and startup accelerator, is doubling down on its interest in Miami.
In March, 500 Startups and its founder Dave McClure brought its PreMoney conference to Miami, its first foray outside Silicon Valley with that event. Thursday, the organization announced that it will launch a 10-week growth marketing program in South Florida beginning Sept. 28.
Because the past couple of years have seen the Miami and Latin American startup ecosystems continue to mature, with more companies emerging in the region and more money to fund them, 500 Startups believes it is a good time to launch its new Miami Distro Program — distro is 500 slang for distribution or customer acquisition. The organization’s staff and mentors will be flying in from Silicon Valley, Mexico, Argentina and Brazil to administer the program, guiding and funding its first batch of invited startups focused on scaling customer acquisition, retention and revenue. Read more here