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Delaware Economic Development Office (DEDO) Partners With 1M/1M

Posted on Friday, Sep 11th 2015

The One Million by One Million (1M/1M) global virtual accelerator is proud to announce a partnership with the Delaware Economic Development Office (DEDO), State of Delaware, Executive Department. 1M/1M aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond, thereby creating a trillion dollars in global GDP and ten million jobs. The Delaware Economic Development Office is likewise interested in providing wider resources and deeper support to entrepreneurs in Delaware.

“Our partnership with 1M/1M fills a critical gap in our entrepreneurial ecosystem,” says Ken Anderson, Director of Entrepreneurial and Small Business Support for DEDO. “We were attracted to their innovative approach for offering accelerated education, strategy consulting, mentoring, coaching and peer networking, and totally impressed with their long term experience and creditability in that marketplace. To be able to provide this extraordinary support on a totally virtual, global platform was extraordinary and would scale development opportunities for so many serious Delaware entrepreneurs. 1M/1M is not your traditional incubator/accelerator either from a business building or service delivery standpoint. We are hoping to be able to expand the number of Delaware companies participating in this partnership in the very near future.”

Ken further explains this partnership during the 1:17:45-1:22:45 portion of this video:

DEDO will award one year memberships to qualified startup entrepreneurs to the 1M/1M premium program based on an application process. The 1M/1M premium program offers entrepreneurs on-demand educational, business development and incubation resources and weekly strategy discussions with technology business writer and strategist, Sramana Mitra, for an annual membership fee of $1,000. 1M/1M is headquartered in Silicon Valley and offers its members a strong channel into the Valley, as well as a crisp encapsulation of the Valley’s methodology.

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