Tag Archives: Startups

Navigating the Accelerator Acceptance Process

accelerator
Accelerator programs can be critical to the success of a start-up company, but entrepreneurs face steep competition even being accepted to a top accelerator. At FoleyTECH Chicago 2016, the speakers on the “Exploring the Role of Accelerators in the Entrepreneurial Ecosystem” panel discussed how an entrepreneur can strategically optimize a start-up company’s chances of being accepted … Continue reading this entry

Leveraging Accelerators as a Valuable Resource

accelerators
Entrepreneurs should seriously consider participating in an accelerator program to jumpstart the growth of a start-up company or as a potential funding source. At FoleyTECH Chicago 2016, the speakers on the “Exploring the Role of Accelerators in the Entrepreneurial Ecosystem” panel discussed key considerations for an entrepreneur seeking to leverage an accelerator partner. Specifically, an entrepreneur … Continue reading this entry

5 Tips to Build Strong Relationships with Investors

The startup founder/investor relationship is a marriage of sorts. Like any long-term union, there are ups and downs, and it requires effort and commitment to maintain a strong and lasting relationship. When the connection between the founding team and investors is weak and faltering, it can be a source of anxiety for everyone involved, and … Continue reading this entry

6 Tips for Chicago Startups Seeking Funding Outside Chicago

Chicago startups have more local funding options than ever before. However, many founders remain hungry to obtain funding from elsewhere—especially from the venture-rich east and west coasts. Trouble is, for reasons both practical and instinctual, investors tend to direct their capital to nearby companies. While it may be an uphill battle to obtain funding outside … Continue reading this entry

Navigating Employment-Based Visas for Startups

Startups often seek to hire highly educated employees with degrees in STEM (science, technology, engineering and science) fields in order to compete with their established competitors. Post-graduate international students have emerged as the leading source of talent for startups as nearly 1/3 of all international students (or over 330,000 such students) are enrolled in STEM … Continue reading this entry

Time Is Money: Managing Time in a Negotiation Can Really Pay Off

In today’s global marketplace, Ben Franklin’s observation that “time is money” is as true now as ever. Companies (large and small) feel tremendous pressure to quickly line up and close deals – whether to bring in revenue, meet internal project deadlines, or to free up resources to tackle the next opportunity. Moving quickly can drive … Continue reading this entry

Starting Your Business: Location, Location, Location

As you’re preparing to launch your new business in 2014, think seriously about where to put down your startup’s roots. In a time when funding sources, talent, leaders, and resources are spread across the county and internationally, the location you choose for your company’s home base can have real practical implications for its success and … Continue reading this entry