Friday, June 1, 2012

We Love RI


There’s no doubt about it, the city of Providence has been great for 121Nexus.  The culture here breeds idea sharing and trying new and innovative things: perfect for a start-up. Just two nights ago we had PechaKucha right here at the Betaspring office. A PechaKucha is when people get 20 slides, with 20 seconds per slide, to talk about whatever they want. Anyone can come and watch, and anyone can present: the talks and slides are uncensored and un-juried.  It actually started in Tokyo as a way for people from different backgrounds with different interests to come together and generate new ideas together.  The event has since spread all over the world, and Providence is in third for the most PechaKucha events, at 38 as of May 30th.
And it’s not just the culture. The city officials truly want start-ups in Providence to stay and succeed.  Considering our political application, this is great for us. Even without it, having the politicians where you work support your cause and actively try to help you is huge.  The city of Providence is committed to working with HUD to allocate funds from development to give to budding companies, just like us, to encourage job creation.  Yesterday all of the start-ups graduating from Betaspring were invited to a press conference at the mayor’s office and recognized with citations for their help generating jobs for the city. Here's the link.

This push to help start-ups prosper in Providence is given even more of a boost by Rhode Island’s size.  The small size works to our advantage, where everyone is only one to two degrees of separation away. Entrepreneurs can then quickly secure meetings with the people that they need to get feedback from in order to build a great product and business.   We could not be happier with Providence, Rhode Island.

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