757 Angels – the first and only organized angel group in Hampton Roads – is not only injecting significant capital into Hampton Roads, but also building an inclusive, interconnected and impactful ecosystem, according to its 2018 Impact Report…. [Read More]
Startup Night Making Changes
Positioned along a continuum of similar opportunities—like the weekly Entre Brew, Garage Band, and 1 Million Cups (Virginia Beach and Williamsburg) meetups—Startup Night presents a great platform for early-stage startup founders to socialize their ideas and get objective feedback from peers. This sort of feedback is invaluable. Participating in these meetups is a necessary step, especially for nascent entrepreneurs…. [Read More]
Norfolk-based Amplified IT wins Google award
We’d like to share a little side story about Amplified IT and the importance of building relationships in the business community. When Hurricane Matthew visited Hampton Roads in October 2016, Amplified IT’s NEON District offices were inundated with several inches of floodwater. They would need to vacate for a few months while the building was renovated…. [Read More]
Finding Your Target Market When Everyone Seems Like a Good Fit
Every start-up operates on a restricted budget with scarce resources. Because of this, marketing should not randomly target prospects—even if your product or service could serve a broad number of people, markets, or customer segments. Rather, you want to focus on attracting those who are a perfect fit for your company right now. A more targeted approach in your marketing can boost a start-up toward profitability as it launches into the marketplace…. [Read More]
Startup Boot Camp I-CAP Returns for Fall 2018
Back by popular demand, there’s another ICAP Startup Bootcamp coming your way! The Innovation Commercialization Assistance Program—or I-CAP Lean Startup Bootcamp—is returning to Hampton Roads this Fall (2018). This time at the REaKTOR Business Technology Innovation Center in Hampton, VA. This startup bootcamp is a phenomenal experience, especially for early-stage startups, but space is limited… [Read More]
757 Angels Releases Annual Impact Report
757 Angels, led by Executive Director Monique Adams, just released their 2017-2018 Impact Report in a convenient infographic format. Some interesting numbers to point out, especially for those interested in applying for funding: $8.25M mean pre-money valuation $1.2M average round size 5 companies have been funded within the last 12 months All funded companies’ leadership… [Read More]