With donations from two more prominent foundations, StartingBlock Madison is gaining momentum. Following significant investments from American Family Insurance and the City of Madison, the most recent donations from the MG&E Foundation and Evjue Foundation come as StartingBlock recently named Scott Resnick as executive director of the future entrepreneurial hub in Madison.
“Our innovative enterprise businesses are sending a clear signal that they value entrepreneurship and view it as a vital piece of the success for our region in their support of StartingBlock. A key element in growing entrepreneurship is spaces that are conducive to the economic gardening necessary to grow an economy.”
– Zach Brandon, President, Greater Madison Area Chamber of Commerce
StartingBlock will provide emerging companies with workspace and resources that will give entrepreneurs the best chance of success and spur innovation.The many resources that will be offered at StartingBlock include coworking space, educational programming, and startup accelerators like gener8tor. In addition, Sector67 and Capital Entrepreneurs will both have new homes on the 50,000 square foot entrepreneurial hub.
Scott Resnick, COO of Hardin Design & Development and former Madison city alder, was part of the original planning group for StartingBlock and has been a passionate advocate for the concept. Resnick will serve as executive director supporting the StartingBlock board of directors during this formative period of fundraising, organizational and operations development.
StartingBlock plans to be part of a new building in the Capitol East district of downtown Madison. Construction is planned to begin in 2015 with occupants moving in at the end of 2016. For more information on StartingBlock, go here. If you are interested in contributing to the StartingBlock fundraising campaign, contact Scott.
The 3rd annual Forward Festival Startup Showcase returns this year and will be bigger and better than ever! This year, the Startup Showcase will join forces with the Pressure Chamber competition for a Startup Pitch Night evening following the Forward Technology Conference on August 25, 2015. The density created by having all of these popular events together will create a truly unique experience, bringing hundreds of entrepreneurs, business, civic and education leaders together in celebration of all of the innovation happening in greater Madison.
Nominate a startup to pitch in the 2015 Startup Showcase or Pressure Chamber event by July 7 here.
About Startup Showcase: The Forward Festival Startup Showcase features an evening of startup pitches from some of Madison’s most compelling emerging companies. Five to seven startups will be selected to give a 5- minute “demo day” style pitch. In addition, several Startup Showcase alumni from past years will take part in a lightning round of 1-minute update pitches. The Startup Showcase is a high energy stage that celebrates and showcases what’s next in Madison’s startup ecosystem. Checkout highlights from last year’s event here.
About Pressure Chamber: Whether your company is currently raising or planning to raise investment capital in the future, Pressure Chamber is a valuable platform to tell your story and make new connections across the country. A select number of companies will be chosen to pitch in front of a panel of investors, business executives and a live audience at the Pressure Chamber event. In addition to receiving the coveted golden suitcase and other prizes, the winning company receives an all-expenses paid spot on the Chamber’s exclusive Madison-area startup delegation to Palo Alto in October for meetings with top Silicon Valley investment firms.
The Startup Showcase is presented by Capital Entrepreneurs and Accelerate Madison, and the Pressure Chamber is presented by the Greater Madison Chamber of Commerce and Michael Best & Friedrich. Startup Pitch Night is part of the 2015 Forward Festival, which runs August 20-27, 2015.
Quickstep Technologies, a big data startup founded by a UW professor, was recently acquired by Pivotal. This is now the third startup that Jignesh Patel has sold as a co-founder. Patel is a long time computer science professor at UW, but he will now take a year away to serve as chief scientist at Pivotal. Quickstep has developed a unique data processing technology that allows companies to process data quicker and more cost effectively. You can read more about Quickstep here.