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Next step for Twin Cities startups: Finding more wealthy Minnesotans to be angel investors
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Minnesota s Angel Tax Credit Program Renewed | Twin Cities Business
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Minne Inno - Incubator from University of Minnesota and Launch Minnesota announces first class
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Launch Minnesota, an initiative by the Minnesota Department of Employment and Economic Development (DEED), is designed to boost the state’s economy by strengthening the startup ecosystem. The goal is to increase the number of statewide startups and amplify Minnesota as a national innovation leader.
Entrepreneurship is already exploding by itself. Numerous aspirants have specific ideas in mind and a deep interest in starting a business; most have no experience. Minnesota already has 50 incubators, many angel groups/individuals, hundreds of meetups, numerous events, and several universities. These incubators work with entrepreneurs with viable concepts to help grow them into successful businesses.
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SARTELL A Central Minnesota venture fund is taking a more hands-on approach to launching some of the companies it will fund in the future.
Great North Ventures, previously called Great North Labs, has added a startup studio called Great North Venture Labs.
Ryan Weber, who co-founded and manages Great North Ventures with his brother, Rob Weber, said the model pairs a team with experience and an entrepreneur to work through the early stages of building growth companies.
That helps an entrepreneur make connections, gather perspectives about opportunities in different markets and get assistance with some of the legwork involved in starting a business for example, setting up a legal entity.