Wednesday, March 4, 2009

Tough Times Call for New Entrepreneurship Efforts

From GigaOm, March 3, 2009...

Conventional wisdom says now is a great time to start a business, but the economic reality makes such a prospect a daunting one. Funding — be it in the form of credit-card debt, personal loans or venture capital — is scarce, and leaving any sort of steady job, especially one with benefits, is risky. But that won’t stop a true entrepreneur from going out there and creating something, which is why Alexander Muse of the Texas Startup Blog and David Cohen, a founder of TechStars, have launched SpringStage.

SpringStage is a program aimed at getting entrepreneurs connected through local blogs, happy hours, bar camps and other efforts designed to mimic the atmosphere for startups found in Silicon Valley. Someone interested in bringing the program to his or her city would apply to be a SpringStage “catalyst,” which includes access to IT and other SpringStage resources, as well as a monthly stipend to host events. Once a month, catalysts attend a conference call to talk about progress.

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