August 2012 Archives

August 26, 2012

Startup California Launches

A new initiative for startup companies has recently launched in California. Startup California is part of the Obama administration “Startup America” initiative, and is being overseen by the private sector component of that initiative “Startup America Partners”. From their press release:

Along with the resources Startup America Partnership offers entrepreneurs nationally, Startup California will focus on breaking down silos across communities and uniting entrepreneurs, corporations, universities, foundations, and other California leaders, to work in concert with a wide range of local and state resources that can dramatically increase the prevalence and success of the California startup ecosystem. Startup California is on a mission to increase the number and scale of new high-growth firms in order to create economic growth, innovation and quality new jobs in the state.

“Startup companies drive the economy, and we think business leaders and policy makers should view these startups as the proverbial canaries in the coal mine – a willingness to experience business danger without compromise. They can alert us to opportunities that can fuel our economy for decades to come. But, they also can highlight looming challenges that stifle growth,” said Ash Kumra, Startup California Champion and Co-Leader.

For more information about Startup America, please visit their website at

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