Blog

Home / Blog

The 2 Step Startup

Home, Resources
Let's face it. Startups are hard. From big things like naming your business and crafting a brand to more mundane tasks like figuring out taxes or how to market through email newsletters, there's always more to do. It's very easy to lose sight of the straightforward goal that you started with: starting a business. After years of striving to help entrepreneurs succeed, I've developed a simple formula that gets straight to the point. It's called the "2 Step Startup Formula". If you can stay focused and boil your core process down to this, you'll be on track to succeed in the startup arena. The formula is as follows: 1. Get one person to give you money for something. 2. Repeat. I wasn't kidding when I said it was simple. Believe…
Read More

Meet Me Halfway

Accelerator, Interns
Why Cleveland? You’re going where? Why? That was every question asked, every question I left unanswered with a reserved “I don’t know.” It was an honest answer, because I actually didn’t. Most people didn’t mean any harm, and they were valid questions. However, considering that I live in the San Francisco Bay Area and go to school in Upstate New York, I admit it doesn’t make a lot of sense. Five weeks later into my internship, choosing Cleveland still might not make complete sense, but it doesn’t need to. I am enjoying my time here and don’t regret a thing. For a good part of this week I was back home, visiting friends at my university. All of those questions in the beginning came up again. How’s Cleveland? Is there…
Read More

An Entrepreneur’s Quick and Easy Guide to Authorizing and Issuing Shares

Home, Investors, Resources
Picture this: you have just come up with your million dollar idea. Snappy Name? Check! You're ready to take the next step in creating a brand new legal entity so you can start distributing shares to potential investors. You have also decided that you don't need the flexibility (or the legal expense) of an LLC, and have yet to be given any reason not to be a YADC (Yet Another Delaware Corporation). You've gotten halfway through the BizFilings process (or something similar) when you come across a question. How many shares would you like to authorize? And what should the par value be? You have no idea. You're stumped. Luckily, we've helped hundreds of companies with this exact process. Here's what you need to know. Make no small plans Most advice out there…
Read More
Meet the 2018 Accelerator Teams!

Meet the 2018 Accelerator Teams!

Accelerator, Interns, Investors, Portfolio
  We are thrilled to introduce the 2018 Flashstarts Accelerator Cohort. This cohort is a culmination of our efforts this past year, and we are excited to say that the results are fruitful. This week, we welcomed 7 teams to the Accelerator and 5 teams to the Labs program, along with an unprecedented 28 talented interns. Enthusiasm and energy permeated the first few days, and we anticipate a vibrant summer of rapid company growth. In the 2018 Accelerator cohort, our teams range from Vlipsy, a video clip search engine and social sharing platform, to OncoSolutions, a drug-screening technology that leverages 3D cancer cells. Geographically, the 2018 cohort hails from around the corner (Cleveland, Akron, Canton) and around the world (India & Ukraine), through our Global Entrepreneur-In-Residence program. No matter where they are from they share several…
Read More
“My Flashstarts Internship” by Emma Steinman

“My Flashstarts Internship” by Emma Steinman

Accelerator, Home, Interns
[embed]https://www.youtube.com/watch?v=d-DqTjXMU2U&=&t=14s[/embed] This summer, many of our talented interns got a chance to show off their creative sides. Intern Emma Steinman took to the drawing board and produced this amazing stop motion video about her time at Flashstarts--the work, the play, and everything in between. Enjoy! Emma Steinman is a Math and Computer Science major at Denison University. She currently works as a Software Development Intern at Flashstarts. Her talents also include knowing all of the words to "We Didn't Start the Fire."
Read More

Techstars Results

Home
  YOU'RE INVITED! Techstars Cleveland Startup Community Assessment Please join us for this unique, one-time event and learn first-hand how Cleveland's Startup scene compares to other cities. DATE: Tuesday / March 13, 2018 TIME:  3:00 PM LOCATION: Cleveland City Club / 850 Euclid Avenue General attendance is FREE but your RSVP is required.   RSVP HERE   INITIATIVE BACKGROUND:   One hundred years ago, Cleveland was an entrepreneurial hot spot and an international leader in innovation, patents, startups and wealth creation. [pullquote]Between 1905 and 1925, in the span of a single generation, Cleveland became the nation’s 5th largest city.[/pullquote]Between 1905 and 1925, in the span of a single generation, Cleveland became the nation’s 5th largest city, its vibrant economy producing the Cleveland Orchestra, Cleveland Museum of Art, Cleveland Clinic, Cleveland Foundation, City…
Read More

Flashstarts Announces Cleveland200 Fund

News, Press Release, Resources
Flashstarts Announces Cleveland200 Fund: Gateway to $100 million in Seed Stage Funding Flashstarts, Inc., a startup accelerator, is pleased to announce the launch of The Cleveland200, a $5 million micro-venture fund focused on high-growth startups. The Cleveland region has recently witnessed the launch a new group of seed stage funds totaling over $100 million. The focus of the Flashstarts accelerator program and the Cleveland200 fund is to equip startups for follow-on investment from this $100 million regional investment pool over the next 3 years.This $100 million in newly available funding is the result of the Ohio Third Frontier Program’s recent commitment to seven Cleveland-area funds focused on seed-stage investment.  This is the largest regional seed-stage investment pool in the world. The funds are to be deployed between 2017 and 2019.  With…
Read More

Flashstarts and Global Cleveland Announce Strategic Partnership- Press Release

Home
Cleveland, Feb. 13, 2017- Flashstarts, a startup accelerator and venture fund focused on unique and disruptive uses of software and technology, today announced a new strategic partnership with Global Cleveland. The partnership will combine Flashstarts’ expertise in startup and innovation with Global Cleveland’s interest in having more talented global entrepreneurs succeed in Cleveland, and to deliver solutions for international entrepreneurs who are struggling with their immigration status.The partnership between Flashstarts and Global Cleveland will mark the beginning of partnerships of regional organizations and universities with Flashstarts who come together for the same mission: bring and support world-changing startups through enabling immigrant founders to locate in the Northeast Ohio. The new partnership will be a stepping stone for setting up a Flashstarts Global Entrepreneur-In-Residence (GEIR) program with local universities in Northeast…
Read More

Demo Day 2016 an Unprecedented Success

Home
On November 30th, 150 people made their way to the City Club of Cleveland for the 2016 Flashstarts Demo Day. The audience included entrepreneurs, investors, and community members, each with a different purpose. Some came to learn about the 2016 Accelerator class, others to support the startup community in Northeast Ohio, and still others in search of promising investments. Guests were met with compelling presentations from the five Accelerator companies in the class of 2016 and promising updates from four legacy companies who have graduated from the Flashstarts Accelerator and have since been thriving.Demo Day 2016 was kicked off by the Flashstarts executive team including Charles Stack, Shannon Lyons, and Jennifer Neundorfer. Immediately after, Dan Molthrop welcomed guests on behalf of the City Club of Cleveland. Stack encouraged all Clevelanders…
Read More

From Rust Belt to Tech Town: Calling all Clevelanders

Home
Cleveland is in the midst of a rust belt revolution. Transforming a manufacturing city to an innovative tech powerhouse is no easy task, but Cleveland, along with other former manufacturing hubs like Buffalo and Pittsburgh, is doing just that. Flashstarts aims to be on the cutting edge of that revitalization, and we know it's only possible with community support. Flashstarts invested in their first round of portfolio companies in 2013 and has spent the past several years carefully building our portfolio (see this year's companies), launching a top tier accelerator, and expanding our programs to become a more comprehensive startup resource into the Cleveland community. From hosting the RNC and the World Series to a basketball championship, Cleveland has developed incredible momentum this year, and it's time to put that momentum…
Read More