SOURCE: Ewing Marion Kauffman Foundation

Ewing Marion Kauffman Foundation

March 09, 2011 13:00 ET

Kauffman Foundation Teams Up With StartupDigest to Expand Reach of Entrepreneurial Network

$200,000 Funding to Assist in Scaling Organization's Operations

KANSAS CITY, MO--(Marketwire - March 9, 2011) - The Ewing Marion Kauffman Foundation today announced its support of StartupDigest (www.startupdigest.com), a members-only online community connecting the worldwide startup and tech ecosystem by informing individuals of startup events, job opportunities and educational content in their areas.

Since its inception in November 2009, StartupDigest has grown from 22 subscribers in one city to more than 120,000 subscribers in more than 50 cities. As part of the sponsorship, the Kauffman Foundation is providing StartupDigest with $200,000 to assist in scaling its operations. 

"Kauffman research shows that high-growth, scale companies are the key to growing the economy," said Nick Seguin, manager of entrepreneurship at the Kauffman Foundation. "StartupDigest is educating entrepreneurs and connecting them with local networks of support to assist them in starting their companies."

Kauffman's commitment will assist in furthering StartupDigest's reach and builds on the Foundation's recent work to support the startup ecosystem, through organizations such as Startup Weekend and Venture Hacks.

"StartupDigest started as a simple idea to help entrepreneurs get involved in their local startup community through events, and it has quickly grown into a global company," said Chris McCann, co-founder of StartupDigest. "Going forward we want StartupDigest to become the leading media company for what's going on in tech and startup communities around the world. The partnership with the Kauffman Foundation will help make this possible."

About the Kauffman Foundation
The Ewing Marion Kauffman Foundation is a private nonpartisan foundation that works to harness the power of entrepreneurship and innovation to grow economies and improve human welfare. Through its research and other initiatives, the Kauffman Foundation aims to open young people's eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies, and find alternative pathways for the commercialization of new knowledge and technologies. In addition, the Foundation focuses on initiatives in the Kansas City region to advance students' math and science skills, and improve the educational achievement of urban students, including the Ewing Marion Kauffman School, a college preparatory charter school for middle and high school students set to open in 2011. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo. and has approximately $2 billion in assets. For more information, visit www.kauffman.org, and follow the Foundation on www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.

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