News

An article featuring StartMart on Crain's Cleveland Business Northeast Ohio will be home to eight brand-new coworking spaces for entrepreneurs by the end of 2015. Crain's Cleveland Business summarizes the similarities and differences of several spaces, as well as the valid need they are addressing in a recent article. The newest and largest of these spaces is StartMart, which will house satellite and virtual offices for service providers in addition to flexible office space for entrepreneurs. The space is housed in 30,000 square feet in the Terminal Tower, where Flashstarts recently moved as its first tenant. "On May 16, the Flashstarts…

An Article on Fresh Water Cleveland Fresh Water Cleveland covered our recent move to the Terminal Tower as the first tenant of StartMart. We will be working to move additional tenants in to the entrepreneurship hub throughout the summer and will have a public launch in September. More details are in the press release and the Fresh Water Cleveland article. "I've been doing this for 30 years, and I've never been more optimistic about startups having the opportunity to turn this region into a powerhouse," says Stack, who began planning StartMart with fellow Flashstarts founder Jennifer Neundorfer last spring. "This…

The Plain Dealer reports how Cleveland was once the Silicon Valley of the nation. At the turn of the 20th century, our nation was in the midst of the industrial revolution. Cleveland was the crux of our country's innovation, with the largest concentration of inventors and millionaires to fund new ventures than any other city. Western Reserve Historical Society in University Circle is capturing this history in a new exhibit focused on the spirit of entrepreneurship. Robert Smith of the Plain Dealer wrote a front-page article about Cleveland's historic peak of innovation and drew parallels between then and now. On November…

The following post, written by co-founder Jennifer Neundorfer, originally appeared on OneCommunity on May 12th, 2014. We at Flashstarts believe that right here in Cleveland we already have all the requirements to accelerate the growth of startup companies and transform our regional economy to compete for talent on a national level. People sometimes ask, “Why should we care?” Well, here’s why: In a 2010 study, the Kaufmann Foundation published a study of Business Data Statistics compiled by the federal government between 1977 and 2005. Called “The Importance of Startups in Job Creation and Job Destruction,” the study concluded that new firms (younger…

Fledgling businesses could be forced to leave state, find investors elsewhere An article published in Crain's Cleveland Business The past year has seen a large influx of technology and software startups in the Northeast Ohio region. This is primarily because Cleveland is now home to three startup accelerators (now that we've joined Bizdom Cleveland and LaunchHouse), and collectively our accelerators add 34 new startup companies to the competitive playing field each year. We're proud of this fact, as we know how much innovation and value startups can add to our region, but there is a large obstacle in the way…

3 Reasons Why Accredited Investors Should Invest in Startups Today The following post, written by CEO Charles Stack, originally appeared on Crowdfund Insider on November 26th, 2013. All photos are credited to Crowdfund Insider. Angel investing involves accredited investors (millionaires) investing directly in the private stock of early stage companies. Millionaires are rare—they make up 1.5% of the world and 4% of the US. As most entrepreneurs quickly learn, angels are very, very rare. Only 3% of all accredited investors enjoy angel status. This is about to change. The traditional angel model requires the almost serendipitous face-to-face meeting of a…

A post by Curiosidy for the Foundation Center For the past year or so, it has been rare that one can have a conversation about marketing without hearing the phrases "content marketing" or "storytelling". Some see it as a passing trend, others swear by it. We feel that telling your story is one of the most effective ways to promote your startup. Monica Cowan, CEO of Curiosidy, believes in the power of storytelling as well. She describes how storytelling can benefit nonprofit organizations in a blog post for the Foundation Center. Storytelling is the unsung hero of fundraising and stakeholder…

Crowdentials' Rohan Kusre in the Huffington Post Rohan Kusre, COO and Co-Founder of Crowdentials, wrote a blog post for the Huffington Post about the nuances entrepreneurs who hope to generally solicit will face under the SEC's regulating Rule 506(c). The Dawn of Stock Marketing With the introduction of general solicitation, entrepreneurs will be able to use a new exemption (Rule 506(c)) to target a large number of qualified investors at once via all manners of promotion and advertising. Everything from TV ad spots to Facebook updates to blog posts like this one are fair game for entrepreneurs to utilize during…