Nurture Start Ups

If we want to grow an economy, we have to nurture start up companies.  Hyde Park Angels has made that a focus since it’s beginning.  HPA doesn’t just write a check and hope, HPA uses it’s network and expertise to do everything they can to help your company be a success. 

An excerpt from Forbes, click the link and read the whole thing. 

Last year, the Kauffman Foundation noted that virtually all U.S. net job creation since 1980 has come from companies less than five years old. From 1977 to 2005, existing companies were actually job destroyers, losing 1 million net jobs per year; in contrast, new businesses added an average of 3 million jobs annually. The message seems simple: if we are serious about addressing the unemployment crisis, we need to fund and nurture new company formation.

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