Business Incubator Series: John Richards, BoomStartup, Provo, Utah (Part 3)

By guest authors Irina Patterson and Candice Arnold John: So, Bazari contacted the top 15 microfinance institutions in India and met with 13 of the 15 to offer them their online loan reporting platform. [Bazari offers SMS interface to manage reporting and tracking of lending and collection of the micro-borrowers accounts.]

Business Incubator Series: John Richards, BoomStartup, Provo, Utah (Part 2)

By guest authors Irina Patterson and Candice Arnold John: I took me a couple years or a year and a half to research and decide what to do. I was going to launch in 2009 but the economy … you know, you start these things for a summer program in February or March.

Business Incubator Series: John Richards, BoomStartup, Provo, Utah (Part 1)

By guest authors Irina Patterson and Candice Arnold I am talking to John Richards, co-founder and co-managing partner at BoomStartup, which is a mentorship-driven accelerator in Provo, Utah. Irina: Hi, John. Where are you originally from? John: I grew up in the Seattle area. Actually, I was born in Pennsylvania, and then my parents moved

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Business Incubator Series: Mark Lieberman, Business Technology Center of Los Angeles County, California (Part 7)

By guest authors Irina Patterson and Candice Arnold Irina: What kind of support do you offer to your entrepreneurs with funding? Mark: I mentioned before that Pasadena Angels are a resonance to our incubator. They do their screenings here. They do their due diligence sessions here. They do the prescreening sessions here. We also have

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Business Incubator Series: Mark Lieberman, Business Technology Center of Los Angeles County, California (Part 6)

By guest authors Irina Patterson and Candice Arnold Mark: Actually, Gold Star started by thinking that [they were] going to be an employee benefits company, but they rapidly realized that they can only grow so far in doing that, and opened up to the public and that just took off. So, they did, in a

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Business Incubator Series: Mark Lieberman, Business Technology Center of Los Angeles County, California (Part 5)

By guest authors Irina Patterson and Candice Arnold Irina: How long can entrepreneurs stay? Mark: Entrepreneurs can stay in our incubator no more than four years. We will look at extenuating circumstances and possibly extend that for another year at most. Most of our better clients graduate sooner than that. Irina: You said you use

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Business Incubator Series: Mark Lieberman, Business Technology Center of Los Angeles County, California (Part 4)

By guest authors Irina Patterson and Candice Arnold Mark: We receive about five or six applications a month. Irina: How many out of those do you usually take in? Mark: We have two programs. One is the resident program where we devote most of our resources. We also have an affiliate program. The affiliate program

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Business Incubator Series: Mark Lieberman, Business Technology Center of Los Angeles County, California (Part 3)

By guest authors Irina Patterson and Candice Arnold Mark: We have connections to two of the largest angel groups in Southern California. The Pasadena Angels reside in our incubator. That’s over 100 member organization. And The Tech Coast Angels, I think, is the largest angel network in the world with close to 300 members, all

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