writes: You're a tireless Entrebreneur working long hard hours — you need cash to hire key hackers to finish your code and launch your awesome dream — If that sounds like you, then you should jump on this opportunity to get seed money for your Startup.
The White House-led Startup America campaign,, which launched yesterday, and IBM will ensure access to capital for high-growth startups throughout the country, expand entrepreneurship education and mentorship programs that empower more Americans not just to get jobs, but to create jobs.
The new Obama Entrepreneur program aims to strengthen commercialization of the $147 billion in annual, federally-funded research and development, which can generate innovative startups and entirely new industries. Its goal is to identify and remove unnecessary barriers to high-growth startups, both within government and large corporations.
Here's Steve Case, Chairman of the Startup America Partnership introducing the new Entrepreneur program.
IBM also announced yesterday that it is collaborate with the White House Startup America program and will invest $150 million in 2011 to fund programs that promote entrepreneurs and new business opportunities in the United States. The announcement was made as part of the White House-led Startup America campaign.
Since launching the IBM Global Entrepreneur initiative last year, IBM has helped launch more than 500 new businesses in key areas such as green energy, health care and transportation. The new investment will be used to:
- Coach and mentor start-up businesses throughout the United States
- Expand education, build skills and mentorship programs in collaboration with the academic and venture capital communities
- Provide skills and business opportunities to the growing community of software developers who collaborate on emerging technologies
Among the new American start-ups working with IBM are the graduates from the IBM SmartCamp competition:
Streetline: The 2010 IBM Global Entrepreneur of the year.
A San Francisco-based company that uses the latest sensor technology to help citizens find inexpensive parking quickly, while helping cities to manage their parking resources more efficiently — .
Sproxil: IBM SmartCamp winner in Boston
A Boston-based company that identifies counterfeit medicine in emerging countries using cell phone technology at point of purchase to validate genuine drugs
CareCloud: IBM SmartCamp winner co-winner in Silicon Valley
A Florida-based cloud computing software and services company that streamlines the financial, administrative and clinical functions of a medical practice.
You can take a good look and all the IBM SmartCamp Finalist by viewing their short Startup pitches.
Lets face it, to get your great idea up and running, you will need Cold-Hard-Cash, so be Smart and get help to succeed.