The following is an analysis of the Providence Startup Ecosystem by WV Academy member David Correa.
Photo Credit: "Providence" by Doug Kerr
The startup ecosystem in Providence is bigger than most people would think it is. It has one of the biggest and most renowned accelerators: BetaSpring. It is also a shorter distance away from Boston than what Silicon Valley is from San Francisco. It also has a huge pool of talent coming from the many universities around the area. Of course we cannot go without mentioning the powerful connection that represent Brown and RISD where more often than not, art meets science.
photo credit: "Brown University" by thurdi01
The proximity of Boston is a great advantage for Providence since it provides the presence of accelerators, VC and of course, angel investors. Several Brown startups have emerged from this powerful connection. Chime, which not many people remember now, was a tool that allowed students find what was happening in town. Ventfull, now emerging, is connecting students with the university and their events.
The startup scene in Providence is emerging and with a thriving potential. It has the most important factor which is the presence of great founders and it is starting to see bits and pieces of the other startup ecosystem components.
David Correa is a member of the current WV Academy cohort. Want to learn the secrets of startups from VC's and founders? Apply for the next WV Academy cohort today.
You can follow David on his Medium blog: https://medium.com/@crrodavid