Tech start-ups rooted in the prairie: from Silicon Valley to the "Silicon Prairie"
Source: Internet
Author: User
Dwolla headquarters office Beijing Time November 23 News, foreign media recently published an article that the technology industry is expanding from the Silicon Valley to the rest of the United States, today's Great Plains region is showing a technology start-ups booming scene, forming the so-called "silica prairie." In the eastern part of the region, 15 to 20 startups are rooting every year, most of them technology-related companies, which have grown more than three times times more than five years ago, Nebraska State. The following is the full text of this article: when Ben Muhln (Ben Milne) sought funding for the mobile payment company he started three years ago, a group of investors responded with a refusal. In the end, he received 1 million dollars from two local investors. Since then, he has developed a mobile payment application Dwolla has attracted more than 10 users, currently processing a monthly turnover between 30 million U.S. dollars to 50 million U.S. dollars. So when Milne decided to seek a second round of funding last year, the 29-year-old college dropout was more likely to get an investment. This time, investors are courting him. This year, he announced that Dwolla has attracted more than 5 million dollars from investors on both sides of the US, including investments from Hollywood star Ashton Cuche Ashton Kutcher and a company that has received Twitter and Foursquare investments. From the Iowa capital Des Moines to Omaha to Kansas City-the region is more known as barns, not bandwidth-a vision of a technology start-up company is emerging. Every year, dozens of new companies take root, and investors contribute hundreds of millions of of billions of dollars to them, and state governments join private groups to promote the growing technology community. They call this area--what else can it be called? Of course--"Silicon Prairie". While there are only relatively few "angel investment" deals in the country-about 5.7%--in the Great Plains (plains), the Angel Fund Research Institute Angel Resource Cato, the Valley Bank Ilicon ) and investment research company CB Insights commissioned a report that the proportion of angel investment transactions in two regions in the United States increased between the first half of 2011 and the first half of this year, one of which is the Great Plains region, the other is the south-west region. According to data released by the Omaha Chamber of Commerce (Omaha Chamber of Commerce), in eastern Nebraska State, 15 to 20 start-ups are taking root every year, most of them technology-related companies, which have grown more than three times times more than five years ago. The chamber says the state now has organizedVenture capital has exceeded $300 million trillion, and investors are eligible for tax rebates, and six years ago there was little risk capital. Google's first high-speed Internet broadband service, Google Fiber, has lured more than 10 start-ups to a community in Kansas City. Over the past seven months, about 60 startups have expressed their ideas at the Foundation Forum organized weekly by the Ivenmarienkaufman Foundation (Ewing Marion Kauffman Kansas City). In Des Moines, an "entrepreneurial city" in Iowa, an entrepreneurial "incubator" set up by public and private funds to fund 70 of billions of dollars ($ 250,000 trillion in state funding) has received applications from 160 startups in the past two years. So far, the incubator has accepted only 9 of them. "Traditionally, you would say, ' Hey, if I want a safe lifestyle, then I'll stay here and do what I've done for generations." "Jeff Slobotski, a native of Omaha, who opened the Silicon Prairie news website four years ago, said the site reported on technological developments in the region. He went on to say, "Now what's going to happen here, the potential for renewal is already there, and people don't have to jump out of the top plane to get out of here--saying, ' Hey, I'm going to open a shop in our Midwest City." ’”
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.