Startup Day Across America, or Congressional Startup Day, is an annual event that is celebrated in August — it takes place in various cities across America on different dates, so the date varies every year. This year, it takes place on August 1. This day honors the spirit of entrepreneurship and intends to motivate individuals across the U.S. to start ventures of their own. It also aims towards providing entrepreneurs with the necessary resources. This day is also a great networking event for founders, investors, incubators, and other important players in the American start-up ecosystem.
History of Start Up Day Across America
To encourage individuals across the United States to start their enterprises and promote the spirit of entrepreneurship, Startup Day Across America was established by Jared Polis and Darrell Issa in 2013. A start-up can be defined as a highly scalable, often tech-based venture until it attains a huge scale of functioning. For example, Edison General Electric was one of the first American start-ups. Other giants like Nokia were start-ups too before they became large corporations.
The start-up culture in America is closely linked to the rise of Silicon Valley. First coined in 1971, the term Silicon ‘Valley’ refers to companies situated in a particular area in the state of California, near Stanford University. These companies manufactured semiconductors, hence the name. From the 1980s onwards, the term came to be used for the areas of Palo Alto, Cupertino, Sunnyvale, and Mountain View. The start-up boom began alongside the dot.com boom. This era brought about a heightened acceptance of technology and a conviction that the internet could transform the world.
The 2000s were revolutionary and an era of renewed fervor in the world of start-ups. The Tech start-ups of the decade invariably shaped the cultural zeitgeist and altered perceptions for years to come. Companies such as Facebook, Uber, Twitter, LinkedIn, Tinder, and Tesla were all established in this decade. Even two decades later, the start-up ecosystem holds strong. Start-Up enthusiasm has spread beyond Silicon Valley and reached all corners of the country.
Start Up Day Across America timeline
Edison General Electric is founded in Boston by Thomas Edison, J. P. Morgan, and Charles Coffin.
The term “Silicon Valley” is coined by Don Hoefler, a columnist for a weekly tabloid called Electronic News.
Various tech start-ups, such as Twitter, Uber, and Airbnb, are founded.
Startup Day Across America is celebrated for the first time.
Start Up Day Across America FAQs
What do you mean by a start-up?
A start-up is a company which is in the initial stages of business.
How are start-ups different from small businesses?
Start-ups aim to expand to revamp the market. Small businesses, on the other hand, are established to be enterprising and serve a local market, therefore they aren’t as concerned with development on such a massive scale.
What is the best definition of entrepreneurship?
Entrepreneurship can be defined as the act of starting and running our own business or a tendency to be creative and wish to work for self in self-owned ventures.
Start Up Day Across America Activities
Connect with emerging start-ups
Help nurture the start-up ecosystem. You can do so by connecting with local entrepreneurs.
Spread the word online
Show your support for the start-up ecosystem. Discuss Startup Day Across America on your social media.
Learn more about start-ups
If the start-up ecosystem is somewhat foreign to you, learn a bit more about it. Now’s the perfect time.
5 Interesting Facts About Start-ups
A new start-up is created every three seconds, which is 11,000 start-ups every hour!.
Starting a start-up
In the U.S., it takes about five days to establish a start-up.
About one in nine people think that start-ups are only tech-based.
The lifespan of a start-up
Around 90% of start-ups fail within their first year of existence.
About one in seven start-ups is owned by a man.
Why We Love Start Up Day Across America
It is an opportunity to learn about start-ups
Are you unfamiliar with the country’s start-up ecosystem? Startup Day Across America is a good opportunity to learn more about it.
It helps start-ups grow
Start-Up Day Across America provides entrepreneurs with the required resources to progress further. It promotes opportunities and growth.
It encourages entrepreneurship
A sense of entrepreneurship is very important for a start-up to function. Startup Day Across America does well in promoting entrepreneurship.
Start Up Day Across America dates