This week we wrote about the Riverside Angel Summit 2021 coming to Riverside county. Startups will get a chance to win between $100k-$150k in startup funding from the angels. We wrote how the event is significant for the startup community as it will last for two months.
We also shared the important dates of the event, and once again, you can find them below:
- Sep. 1st, 2021- Summit “Kick-Off.”
- Sep.17th, 2021- Entrepreneur Application Deadline
- Oct. 15th, 2021- Investors Select Finalists (“F”)
- Nov. 3rd, 2021- Riverside Angel Summit VIP Reception
- Nov. 4th, 2021- Riverside Angel Summit Closing
A subsidiary company, Citrus Seeds LLC, was set up by the Riverside Angel Summit to fund the startups. This speaks of the long-term commitment we can expect from the summit organizers.
Another noticeable event we reported this week is the upcoming hackathon, “Hack for a sustainable future.” It will be co-run by Esri, an internationally known GIS software company from Redlands, California, and TechCrunch.
Another important event we covered in the news was the 2021 Spirit of Entrepreneur Awards. The event will have a televised broadcast. The coveted event is in its 19th year and has been a key sponsor for aspiring startups. For instance, a startup called Blue recently raised $1M in crowd-based funding and won the Student Fast Pitch Competition in the Spirit Awards program.
We covered four Inland Empire startups that raised crowdfunding through crowdfunding platforms like Republic and StartEngine. Notable campaigns were Blue Communications (the social introduction app we mentioned above) and Relay, a Riverside county startup connecting truck drivers with carrier companies. Both raised $1M and $500k, respectively.
The pandemic forced 1000s of small companies out of business, and the negative impact was comparatively more for women entrepreneurs. We published a list of seven key resources that women founders and entrepreneurs from the Inland Empire can use to get funding, advice, and other resources.
If you want to read what we covered the previous week, here’s a link to the last week’s roundup of important news.