Two colossal forces in entrepreneurship have come together to create UP Global, a new organization to boost and connect entrepreneurs around the world. It will provide support in every moment of the startup development process, from the conception of the idea to the point of high impact.
With a presence in 400 cities, Startup Weekend supports entrepreneurship through 54-hour educational events in which participants create teams, generate ideas and build networks. Startup America, a Kauffman Foundation project, was originally conceived as a three-year initiative focused on the United States. However, it gained international momentum and extended its reach to other countries.
Startup Weekend and Startup America Partnership will combine resources for the UP Global initiative, Startup America taking advantage of the international connections of Startup Weekend – a network of over 100,000 students and volunteers.
Steve Case, co-founder of AOL and head of Startup America, will lead UP Global’s advisory board. The entity boasts a network of 13,000 startups with total revenues of US$6 million. It has propelled entrepreneurs like Tury Burch, Michael Dell, Reed Hastings (Netflix) and Reid Hoffman (LinkedIn).
UP Global, based out of Seattle, will extend to other world cities with the support of heavyweights such as Coca Cola, Microsoft and Google. “People living in New York or Silicon Valley don’t understand the problem. The rest of the country and world are desperate to have a sense of community,” said Case.