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Fostering the Growth of New Businesses: Strategies for Success in Today’s Market

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In today’s rapidly evolving business landscape, the growth of new businesses plays a crucial role in driving innovation, creating job opportunities, and stimulating economic growth.

However, launching and nurturing a startup comes with a unique set of challenges and uncertainties. From ideation to execution and beyond, successful entrepreneurs need to be prepared to navigate a complex journey to establish and grow their ventures.

This article explores the essential components and strategies for fostering the growth of new businesses in the current dynamic market. [Read more…] about Fostering the Growth of New Businesses: Strategies for Success in Today’s Market

A Comprehensive Guide to Establishing an AI Robotics Firm in Delaware

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In the modern business world, the state of Delaware has emerged as a haven for startups, especially for high-tech industries like AI Robotics.

Renowned for its strategic location, supportive state policies, and a highly favorable corporate law structure, Delaware is poised to be a powerful player in the evolving AI landscape.

This guide aims to delve deeper into the process of setting up an AI Robotics company in Delaware, providing a comprehensive picture to aspiring entrepreneurs. [Read more…] about A Comprehensive Guide to Establishing an AI Robotics Firm in Delaware

K-Startup Grand Challenge 2023 from South Korea: The Most Remarkable Global Accelerator Program Invites Applications from Tech Startups

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15-week residency program open for technology startups seeking to expand to Asia

The K-Startup Grand Challenge (KSGC), South Korea’s largest accelerator program, has opened applications for its 2023 edition.

Overseen by the Ministry of SMEs and Startups and organized by the National IT Industry Promotion Agency, KSGC is accepting startup applications from April 10 to May 18, 2023.

The program aims to assist foreign startups looking to enter the Korean market and explore business opportunities in Asia. The 2023 edition of the accelerator, running from July 25 to November 10, will focus on deep tech startups. [Read more…] about K-Startup Grand Challenge 2023 from South Korea: The Most Remarkable Global Accelerator Program Invites Applications from Tech Startups

mHUB investing $50 million to build ‘largest independent manufacturing center in America’

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Historic 80,000 sq ft facility in Chicago Near West Side Opportunity Zone will expand to make mHUB the ‘largest independent manufacturing center in US’

Manufacturing and “hardtech” innovation center, mHUB, is investing $50 million in the acquisition and build-out of a historic manufacturing facility within Chicago’s Kinzie Industrial Corridor on the city’s Near West Side.

The building is located within a designated Opportunity Zone and planned manufacturing district on a 2-acre site that will increase mHUB’s prototyping and testing facilities and office and convening spaces to become the largest independent manufacturing innovation center in the country.

Launched in 2017, mHUB has supported over 500+ startups and 200 manufacturers from all over the world that have created 5,000+ jobs and generated over $2.6 billion of economic activity. [Read more…] about mHUB investing $50 million to build ‘largest independent manufacturing center in America’

5 Ways Tech Startups Automate and Improve the Hiring Process

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With tens of thousands of layoffs across the technology sector, there seems to be an abundance of new talent, but this doesn’t mean that tech startups can just snap their fingers and get the perfect employee. Navigating the hiring process can be a challenge, even for experienced entrepreneurs.

Tech startups are competing against big companies with bigger budgets, more established networks, and abundant resources. However, startups can be successful in hiring if they take the right steps to streamline and automate their workflows.

In this article, we’ll show you five ways tech startups can navigate hiring challenges. [Read more…] about 5 Ways Tech Startups Automate and Improve the Hiring Process

MassRobotics unveils participants in healthcare robotics startup competition

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MassRobotics – in partnership with Festo, Mitsubishi Electric, Novanta and Mitre – has announced the participants in the Healthcare Robotics Startup Catalyst Cohort II.

The selected companies are:

  • Acumino;
  • Robot on Rails;
  • Able Human Motion;
  • Andromeda Robotics;
  • Unlimited Robotics;
  • Maestro Surgical Robotics; and
  • Zeta Surgical.

The Healthcare Robotics Startup Catalyst is designed and led by MassRobotics along with Festo, Mitsubishi Electric, Novanta and Mitre. [Read more…] about MassRobotics unveils participants in healthcare robotics startup competition

MassRobotics partners with AMD to advance adaptive computing in robotics

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MassRobotics, an innovation hub and startup cluster focused on the needs of the robotics community, is partnering with chip giant AMD to introduce and deliver technologies to robotics startups.

Through the industrial suite of AMD tools, platforms and an accelerated app store designed for the robotics industry, robotics startups will be able to further develop innovative solutions around automation, mobility, AI and machine vision-related applications.

AMD, widely known for their FPGAs (field programmable gate arrays) and adaptive SoCs (system-on-chips), are bringing offerings, such as the Kria KR260 Robotics Starter Kit and Kria Robotic Stack (KRS), which are focused on bringing easy-to-integrate hardware acceleration of ROS 2 to MassRobotics resident startups. [Read more…] about MassRobotics partners with AMD to advance adaptive computing in robotics

MassRobotics, Festo, Mitsubishi, MITRE and Novanta join efforts to support healthcare robotics startups

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MassRobotics, Festo, Mitsubishi Electric Automation, MITRE and Novanta are calling on startups in the healthcare robotics space to apply to the second Healthcare Robotics Startup Catalyst program.

The objective of the program is to advance healthcare robotics companies by providing the connections, guidance, and resources they need to grow and succeed.

The selected startups will be guided by senior-level mentors from organizing companies and supported to connect with potential customers, investors, suppliers, marketing and more. [Read more…] about MassRobotics, Festo, Mitsubishi, MITRE and Novanta join efforts to support healthcare robotics startups

Bosch makes $250 million available for startups

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Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year: its subsidiary Robert Bosch Venture Capital (RBVC) is setting up a new fund for startups; the fund has a volume of 250 million euros (approximately $250 million).

As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources.

“Our investments in startups promote technological progress in business and society,” says Dr Stefan Hartung, chairman of the board of management of Robert Bosch. “And we ourselves also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.” [Read more…] about Bosch makes $250 million available for startups

Global robotics venture capital investment reaches $5.7 billion in 2021

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Global robotics venture capital investments reached $5.7 billion in 2021, a 38 percent year-on-year growth, according to a report by ABI Research, a technology intelligence firm.

The growth was driven by successful startups from key markets such as the United States, China, the United Kingdom, and Israel. Leading startups demonstrated strong capabilities in three major domains: mobility, autonomy, and collaboration, specifically human-machine collaboration.

The investment market worldwide was relatively muted in 2020, as fewer deals were concluded due to the Covid-19 pandemic. However, the current labor shortage induced by Covid-19 and the ongoing supply chain crunch are leading more businesses to look for ways to automate labor-intensive, repetitive, and hazardous tasks. [Read more…] about Global robotics venture capital investment reaches $5.7 billion in 2021