Go to Original (The New York Times) >
By LORA KOLODNY 
 
Could a nation still lacking basic resources and infrastructure and  still reeling from a devastating earthquake benefit from entrepreneurial  education and cash grants for small businesses? Startup Weekend, a nonprofit  organization based in Seattle, thinks so.
Since 2007, Startup Weekend has been orchestrating gatherings of  entrepreneurs, application developers, marketers and designers who, over  54 hours in 3 days, pitch their business ideas, self-select, break into  teams, and then work to build what they hope will become successful  technology start-ups. Each Startup
Weekend culminates with a business  competition, where participants and invited panelists vote for the best  overall start-up to receive a prize. So far, according to Marc Nager and  Clint Nelsen, the organization’s directors, Startup Weekend has held 83  events in 62 cities, and those events have begin 290 ventures.
Several companies hatched at these events are now operational, a few  with full-time employees, including: Mugasha,  an electronic dance music site based in Portland; Skribit, an Atlanta-based tool that helps  bloggers gather story suggestions from their readers; Foodspotting, an online food  guide based in San Francisco that emphasizes local dishes and  user-contributed photographs; and SnapImpact,  a Boulder, Colo.,-based site and iPhone app that matches volunteers to  charities and projects.
But Startup Weekend has never held an event in a developing nation,  let alone an area recovering from a natural disaster. Attempts to  organize a Startup Weekend in Nigeria in 2008 failed because the group   lacked a network in the country to help secure a venue, promote the  event, and recruit participants.
Nonetheless, Mr. Nager and Mr. Nelsen intend to hold Startup Weekend:  Haiti in the fall, following the rainy season. To do so, they will have  to raise sponsorship funds here and forge partnerships there with  experts and organizations including schools and government offices. They  face a steep challenge and need to learn a great deal about economic  development, said Andrew Hyde, founder of Startup Weekend, “but  sometimes big challenges are best met by people unfamiliar with the  obstacles.”
So far, Mr. Nager and Mr. Nelsen have obtained one corporate sponsor,  Microsoft BizSpark, a  division of the software giant that offers free software and support to  start-ups. BizSpark donated a venue for a fundraiser at the SXSW conference in Austin next month. Mr.  Nelsen hopes the event will lock in at least $8,000 in donations and  maybe more.
Startup Weekend will also seek donations online, using the services  of San Francisco-based Piryx, a  fund-raising platform that has worked extensively with politicians and  nonprofit groups. In fact, it was Tom Serres, chief executive of Piryx,  who suggested holding a Startup Weekend in Haiti.
Acknowledging their own lack of experience, Mr. Nager and Mr. Nelsen  say they don’t know who will show up for the event in Haiti. They hope  to recruit a mix of aid workers and residents with business ideas.  “Whether people have ideas for farmers markets and Internet cafes, or  high-tech, medical and logistics businesses, we want to help them get  started and let them know we can continue to support them financially  and with advice,” said Shaherose Charania, who is chief executive of  Women 2.0 (another entrepreneurial support venture) and who has  volunteered to serve as a coach.
Everyone is hopeful, but not everyone is convinced. “They might  succeed if they do their research,” said Melissa  Carrier, executive director at the center for social value creation  with the University of Maryland. “But there is a strong risk that Haiti  may not be ready to absorb this kind of economic development by the  fall. Basic needs of the citizens may still be so under-met that there  won’t be capacity to even think about business creation and jobs.”
Startup Weekend promises to spend 90 percent or more of the total  budget raised for this initiative within Haiti’s borders and to post its  budget on its Web site. “Beyond that, I don’t want to make other  promises,”
Mr. Nager said. If the event inspires the creation of one  company or one job even, he said, he would consider it a success.
See The Prize’s guide  to coming business plan competitions. And here’s how  to win a competition.
 
Sunday, February 21, 2010
Could a Start-Up Competition Help Haiti?
Labels:
Ayiti,
Business,
Competition,
Economy,
Haiti,
Reconstruction,
Solutions,
Start-Up,
The New York Times
Subscribe to:
Post Comments (Atom)
 
 

 
 

 
 Posts
Posts
 
 
No comments:
Post a Comment