TradeKing Announces Financial Entrepreneur Pitch-Fest Competition With Silicon Valley’s One Million by One Million

Offers 12 Scholarships to Virtual Incubation Program Focused on Bootstrapping and Go-to-Market Strategies for Entrepreneurs Launching or Expanding Financial Services Ventures

FORT LAUDERDALE, Fla. and SAN FRANCISCO, Ca. – August 6, 2012 – Online broker-dealer TradeKing, an innovator in financial services, today announced the TradeKing Financial Entrepreneur Pitch-Fest Competition.  The Competition is designed to encourage and support new entrepreneurs to develop launch and create financial services platforms related to Application Programming Interfaces (APIs). This program is supported by noted Silicon Valley entrepreneur, strategist and author Sramana Mitra and the One Million by One Million (1M/1M) global initiative, which has a goal of nurturing one million entrepreneurs to each potentially reach $1 million or more in annual revenues. Through the program, TradeKing will sponsor 12 tech-savvy entrepreneurs to virtually attend the 1M/1M program for one year, which will assist them in establishing their businesses to create financial services platforms, “Apps” and trading experiences using the TradeKing API.
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Far Away from Silicon Valley

These days, the media is becoming better at reporting on entrepreneurship outside Silicon Valley. In Silicon Valley, however, people tend to be somewhat cocky about the region’s place in the entrepreneurship landscape. But technology entrepreneurship is happening all around the world, and we have always tried to present an international and non-parochial view of the entrepreneurial universe. In my recent blog post Far Away from the Valley, I presented a list of interviews with successful companies from across the globe. >>>

Help 1M/1M Win A Grant To Award 250 Scholarships

We are applying for a $250k grant that we would like to use to award 250 1M/1M Scholarships. The $250k grant is being offered by two corporate sponsors: Chase and LivingSocial. We need 250 votes and are more than half way there. Would you please help us by voting here?

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1Mby1M Deal Radar 2012: Furniture Lenny, New York City, NY

Furniture remains a product that people still tend to prefer to buy in person. But some e-commerce furniture businesses manage to succeed. SSTL, Inc., founded in 2009, is an e-commerce company that comprises four distinct furniture websites, BedroomFurnitureDiscounts.com, DiningRoomsOutlet.com, DiscountLivingRooms.com, and TVStandsOutlet.com, all under the Furniture Lenny umbrella. SSTL incorporated in January 2010 to establish a consumer-friendly e-commerce platform that uses the latest technology and management science to sell furniture products.  >>>

1Mby1M Deal Radar 2012: Nerds On Call, Redding California

Individual consumers and independent contractors, probably more than any others, need affordable computer repairs and services. Fortunately, companies like Redding, California–based Nerds On Call, many can satisfy that need. Founded in March 2004, Nerds On Call offers on-site computer and laptop repair services to consumers and businesses. Nerds On Call provides troubleshooting for PCs and Macs, home and office networks, printers, iPods and other MP3 players, handheld devices, and cell phones, home theaters and game systems, and virtually every other form of digital equipment.  >>>

1Mby1M Incubation Radar 2012: Sensible Softwares, Pune, India

Sensible Softwares is a 1M/1M premium company that launched in August 2009 with its flagship product BootStrapToday. BootStrapToday is an application life cycle management platform for software development teams. In just 60 seconds, software development teams can get started managing the life cycles of their projects.

In any software development undertaking, 30% to 40% of a developer’s effort goes into fixing bugs. That percentage is even larger for maintenance projects. The cost of fixing a bug increases exponentially with the time it takes to detect it, and writing bug-free code is impossible. But the cost of fixing a bug can be reduced by detecting bugs earlier. >>>

Help Us Win A Grant To Award 250 1M/1M Scholarships

1M/1M Facilitating Corporate Innovation & Entrepreneurship

Of late, you have seen a lot of corporate partnership announcements from 1M/1M, and you will be seeing many more as we go along. I want to provide an overview of our experience working with various corporate partners, and some of the thinking behind these partnerships.

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