(From the Delaware Economic Development Office)
The Delaware Economic Development Office announced its recent partnership with One Million by One Million,
The global accelerator aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue and create g a trillion dollars in global GDP and ten million jobs.
The Delaware Economic Development Office is interested in fostering entrepreneurship in the state of Delaware through mentoring, networking, and education.
Together DEDO and 1M/1M will provide wider resources and deeper support to the entrepreneurial ecosystem in Delaware. The program offers entrepreneurs virtual incubator resources including educational, business development and weekly strategy discussions led by technology business writer and strategist, Sramana Mitra.
“Investing in Delaware entrepreneurs is an investment in our state’s future,” states Bernice Whaley, director of the Delaware Economic Development Office. “Gaining access to Ms. Mitra’s knowledge and her vast business network is a great opportunity for local entrepreneurs. Today’s successful entrepreneurs build sustainable businesses by creating the jobs of tomorrow.”
As part of this partnership, DEDO will utilize funds designated for entrepreneurial initiatives to cover the $1,000 premium membership fee for 10 Delaware-based entrepreneurs.
“We envision Delaware entrepreneurs leveraging the 1M/1M program and dramatically enhancing their knowledge and understanding of early stage entrepreneurship, to build successful viable companies,” explains Sramana Mitra, founder of 1M/1M. Our partnership with the DEDO is focused on giving scale and leverage to the entrepreneurship eco-system in Delaware.”
A selection committee will review all submitted applications on a quarterly basis. This rolling selection process will continue until 10 entrepreneurs have been selected for the program. Those selected will be required to invest at least 50-100 hours on the core curriculum and one project-specific elective.
“We were attracted to 1M/1M’s innovative approach of offering accelerated education, strategy consulting, mentoring, coaching and peer networking, and totally impressed with their long-term experience and creditability in that marketplace,” says Ken Anderson, director of Entrepreneurial and Small Business Support for DEDO. “To be able to provide this extraordinary support on a totally virtual, global platform is extraordinary.”
Interested entrepreneurs can apply online, visit http://de.gov/59e
