Indiana University, Bloomington, has a dynamic startup and venture capital (VC) ecosystem. The university is well-known for fostering a culture of innovation and entrepreneurship among its student body and faculty. It provides various resources for startup growth including research facilities, funding opportunities, networking events, and mentorship programs.
The Shoemaker Innovation Center is one of Indiana University's key entrepreneurial initiatives. This center offers classes, workshops, and provides space for young entrepreneurs to nurture their ideas. In addition, the university's Innovate Indiana Fund provides seed and early-stage capital to startups connected with Indiana University.
One of the success stories emerging from Indiana University includes FormAssembly, a leading provider of form and data collection software. Started by Cedric Savarese, a former student, the company received funding from the Innovate Indiana Fund and has continued to grow significantly.
Another notable Indiana University alumnite in the startup world is Scott Dorsey who co-founded ExactTarget, a digital marketing software company, which was later sold to Salesforce for $2.5 billion. Dorsey is now a managing partner at High Alpha, a venture studio that conceives, launches, and scales next-generation enterprise cloud companies.
The University also holds the annual IU Venture Conference which brings together entrepreneurs, investors, and professionals in the startup space, helping to further stimulate the startup ecosystem at the university.
In summary, Indiana University, Bloomington, has a vibrant and growing startup scene, aided by its focus on nurturing entrepreneurs, providing startup growth resources and initiatives, and its successful track record in the world of venture capital investment.
Showing your skills in picking successful startups and advising founders is the surest way to build your reputation and secure a venture capital role.
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