In the News
The Saratoga Economic Development Corp.’s (SEDC) launched its new startup incubator and early stage small business accelerator at an event on April 12 at Bow Tie Cinemas in Saratoga Springs attended by more than 250 people.
Following through on a key element of its 2016 Advance Saratoga priorities, Saratoga Economic Development Corporation (SEDC) has formed an Advance Saratoga Startup Advisory Team to mentor early-stage businesses.
Officials said it supports SEDC’s mission to promote, retain and grow talent, investment and job opportunities.
Local entrepreneur networks like Sharatoga Tech Talks and similar regional tech executive meet ups revealed a desire among Saratoga area entrepreneurs for access to professional expertise to help overcome challenges to business growth, said Dennis Brobston, president of SEDC.
Following a recent Saratoga Economic Development Corporation meeting, the organization has announced the establishment of an Advance Saratoga Startup Advisory Team to mentor early stage businesses.
SEDC is a fully private investor led, non-profit consulting firm established in 1978 that works to retain existing businesses, while stimulating new investment to create more jobs in Saratoga County and the Capital Region.
In its new venture, a team of prominent local business owners and community leaders will support entrepreneurs and early stage companies by offering their expertise.
Polish up those ideas because, come Spring, the Saratoga Economic Development Agency (SEDC) is launching an incubator that models innovative entrepreneurial support systems straight out of Silicon Valley, partly by looking at failure and eligibility a little differently than most.
Executive Director of the Clarkson University Shipley Center for Innovation Matt Draper said an entrepreneur who has experienced failure, or an entrepreneur with an idea that would never head to the stock market, is just as eligible for Advance Saratoga Startup as the one who invents the next big tech gadget.