Does the Capital Region have enough capital? One expert estimates there is about a half billion in funding with only have of that invested. So how are local startups getting funded, and is the pool enough to draw more of them here?
There is no one-size-fits-all approach to funding your business venture. Here are just a few of the resources available in the Capital Region:
Having a great idea is easy. But turning that idea into a business is a bit more difficult. From creating a product with market viability, to hiring staff and growing to scale, the road to entrepreneurship is rife with obstacles. But, perhaps none are as fundamental as the age-old question of how to fund.
The Impact Global Venture Summit is coming to the Golden 1 Center in the heart of Sacramento on Tuesday, May 8.
In a virtual world, everybody who helped Oculus Rift raise $2.5 million on Kickstarter would own a piece of the company. But in reality, the VR pioneer was bought by Facebook in 2014 for $2 billion, and the backers received high-tech goggles and other goodies, but no stock.
FourthWave, a nonprofit accelerator program for women-led tech companies, expanded from its Los Angeles pilot to Sacramento in March and is already working with its first seven entrepreneurs. We sat down with Cheryl Beninga, who is the managing director of Beninga Advisors and who cofounded FourthWave Sacramento with Tracy Saville, CEO of Sofia Al., to talk about women in technology and the regional tech scene.
With California voters approving Proposition 64 in November, government officials, elected representatives and entrepreneurs are grappling with how legal cannabis can contribute economically to our region. Proponents say major potential exists in commerce, agriculture, medical research and other areas — if we get this right.
In 2014, Darling launched Free Form Factory, making after-market decks and hulls out of durable polymer material. Two years later, the company relocated from Rochester, New York to Rancho Cordova. Free Form Factory has unveiled a stand-up watercraft prototype that is 100-percent recyclable and electric-powered.
Jack Crawford, general partner at Impact Venture Capital, offers his perspective into entrepreneurship and innovation in the Capital Region. For more from Crawford, check out “It’s Show Time!” in our April issue.
Actual experts of business creation express concern that media’s flashy portrayal of handsome entrepreneurs, disruptive products and instant investment glosses over the unglamorous learning process vital to any new business.