Puerto Rican restaurant owner finds success despite economic hardships

In a working class neighborhood outside San Juan, Puerto Rico, you'll find a surprising sense of optimism despite the island's economic hardships.

A restaurant owner said he hasn't had to cut anyone's hours, and he's also given workers a slight increase in pay, although a majority of their money comes in from tips.

Ulises Velasco admits that opening a second business last fall during tough times could have ended in failure. Read More. 

Montana's Entrepreneurial Zeal

Most commonly known for its big and beautiful skies, the state of Montana has made a new name for itself in entrepreneurship. In a recent report from the 2015 Kauffman Index, Montana maintains the highest level of startup activity across the United States.  The state has held this position for the past three years, bringing significant attention to its unique startups and body of entrepreneurial individuals. In his blog, Global Entrepreneurship Week President Jonathan Ortmans discusses Montana's capacity as a startup leader. 

 

Planting the Seeds of Social Entrepreneurship at Impact Hub DC

Beth Flores is a big believer in the power of creative minds to change the world. It's that belief that has powered her career leading and encouraging innovative people, and why she recently took up the role of managing director at social enterprise incubator and co-working space Impact Hub DC.

"It's a garden of innovation," Flores said. "I'm here to tend it and make it grow."

Washington, D.C. is full of people with ideas on how to make the world a better place. You can't throw a rock without hitting some non-profit or organization dedicated to helping others, probably including one for people hit by metaphorical rocks. Impact Hub DC is a particularly expansive example of a place for those looking to make their social enterprise ideas come to life. Technical startups offering non-profits new digital communication and data analytics tools share membership with groups looking to teach technical skills to underserved communities or connect local farms with customers and charities in the city. And all of them can connect to local impact investors and investing firms that have signed up as members. Read more. 

South Florida Resources for Product Entrepreneurs

Get out of the garage — and into a maker space, incubator or entrepreneurship program. For consumer product startups, there’s no reason the journey needs to be solitary.

A growing number entrepreneurial resources are available to help consumer product companies in South Florida. Here are just a few:

Inspiration and collaboration: Maker spaces are popping up all over South Florida. For a membership fee, maker spaces provide the space, tools for designing, prototyping and fabricating your next innovation in a community of like-minded people who can help get the creative juices flowing. They often also provide workshops and events. Read more.

Thought Leaders to Explore Innovation Models at Entrepreneurship Summit

CLEVELAND, Ohio – An innovation and entrepreneurship summit is coming to Cleveland at the end of October, attracting successful entrepreneurs, corporate leaders and academic experts.

Case Western Reserve University's Innovation Summit 2015, 
October 26-28, is touted as a way to learn about national innovation models. Policy makers nationally will examine how diverse regions and industries leverage their strengths to fuel new companies, products, technologies and ideas.

"Case Western Reserve University's Innovation Summit 2015 will offer a rare opportunity to learn about models of innovation occurring nationally from some of the most successful entrepreneurs, corporate leaders and academics in the country," said Joseph Jankowski, the university's chief innovation officer. Read more. 

Pushing Innovation CofC's Primary Focus

Lavu Inc. co-founder and CEO Andy Lim was only 24 and barely spoke a word of English when he moved from Taiwan to New Mexico in 2000, but now, 15 years later, he’s one of Albuquerque’s entrepreneurial success stories.

Lim and Lavu — Albuquerque’s homegrown point-of-sale software firm for restaurants — took center stage at the Greater Albuquerque Chamber of Commerce’s 98th annual meeting and luncheon on Thursday. The event, held at the Albuquerque Convention Center Downtown, included a lengthy interview with Lim by Chamber President and CEO Terri Cole, reflecting the chamber’s efforts to focus on supporting innovation and entrepreneurship as a key strategy for economic development over the next year. Read more. 

Biotech startup among companies showcased at White House Demo Day

After 10 years as a successful veterinarian, Ignacio "Nacho" Pino decided to dedicate himself to work that could bring state-of-the-art biotechnology research to his home of Puerto Rico.

CDI Laboratories—a company he founded in 2008 along with Johns Hopkins University researchers Heng Zhu and Seth Blackshaw, JHU professor emeritus Jef Boeke, and two others (Dan Eichinger and Joe Bonaventura)—aims to produce research-grade protein and antibody products that support scientific research on cancer, autoimmunity, and infectious diseases. The company is one of more than 30 startups being showcased in Washington, D.C., today as part of the first-ever White House Demo Day, which will highlight the work of a diverse group of entrepreneurs from across the country. Read More.