Nonprofit business incubator launches investment fund, announces angel investment conference in Las Vegas

Nonprofit business incubator launches investment fund, announces angel investment conference in Las Vegas

 

Summer 2019 | The Business Advocate

StartUpNV is a Nevada-based nonprofit business incubator dedicated to identifying, supporting and promoting the commercialization of innovative ideas and technologies. With offices located throughout Nevada and a leadership team with proven experience in the startup world, StartUpNV has launched many businesses that might otherwise have languished for lack of support. Today,
this nonprofit is working with entities such as the U.S. Small Business Administration, Nevada Department of Business and Industry, Governor’s Office of Economic Development, Economic Development Authority of Western Nevada (EDAWN), and both of our state universities to grow a more polished and robust startup culture in all parts of our state.

Earlier this year, StartUpNV received a $300,000 grant from the U.S. Economic Development Administration (EDA) to help promote and facilitate angel investing in southern Nevada. The award was part of EDA’s FY19 Seed Fund Support (SFS) Grant Competition, which focuses on “unlocking risk capital for entrepreneurs and startups to grow” and provides funding for projects that “create, launch, or expand equity-based seed funds or that create networks and tools that enable capital to flow into high growth startups.” … more

more on page 5 of the Business Advocate from the Nevada Department of Business and Industry