Author: Nancy Dahlberg
Publisher: Miami Herald
Date: April 1, 2014
A year ago, startup incubators and coworking spaces were just beginning to open; mentorship programs and venture capital investment were scare. Now, the incubators are multiplying, new programs such as Endeavor Miami and Goldman Sachs 10,000 Small Businesses have kicked into action, and venture capital investment is on the upswing.
That was the report at Monday’s second annual Start-Up City: Miamiorganized by The Atlantic magazine’s events division and the John S. and James L. Knight Foundation, as entrepreneurship experts from around the United States and South Florida celebrated successes and focused on the elements needed to further develop a South Florida tech hub and scale and fund local startups.
The Miami area is already the most entrepreneurial area in the nation, according to Kauffman Foundation research discussed at the event. However, nearly all of the region’s small businesses are under 10 employees. The good news, many of the panelists said, is that all the ingredients are here to support and grow an entrepreneurial ecosystem. Through a rapid series of panels and question-and-answer sessions, moderators explored ways to capitalize on South Florida’s unique culture, diversity and position as the Gateway to Latin America. Read more here.