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Minnesota companies attracted a record $1.86 billion in venture capital in 2020, up from $1.27 billion in 2019, in a year that also set a national record for investments in young growth companies, according to PitchBook and the National Venture Capital Association. The startup ecosystem played a critical role in the technology, services and health care support the country has relied on since the coronavirus rolled through the country, the head of the venture association, Bobby Franklin, said in a statement.
He added there s plenty more money available for entrepreneurs with ideas. VC investors are starting the year … with ample dry powder to put to work, Franklin said.
Twin Cities entrepreneur develops mental health website for teens January 10, 2021 8:16am Text size Copy shortlink:
Katie Dorn, veteran entrepreneur and former school counselor, has never seen a tougher emotional state for high school kids than these COVID-driven times of separation, hardship and anxiety.
She and her small crew at EmpowerU have spent four years developing with 35 schools and 1,000-plus students a solution that packages an online program with counseling support. We haven t made money [yet], said Dorn, who just started paying herself what she made at a school years ago. But this is my passion project. We ve created a solution that is making a difference in building resilience. We walk with the students.