U.S. Chamber, 1776 to Host Press Call, Release 2017 Innovation That Matters Report on Startup Communities
Report Ranks 25 U.S. Startup Hubs, Provides Recommendations to Cities for Continued Innovation
WASHINGTON, D.C. - October 11, 2017 (Investorideas.com Newswire) The U.S. Chamber of Commerce Foundation, Free Enterprise, C_TEC, and 1776, will host a press conference call to release findings from their latest Innovation That Matters report, a data-rich study outlining which American cities are positioned to capitalize on the rise of the “next-wave” digital economy.
The report ranks 25 U.S. cities using key statistics to show how well they are turning capital into successful tech industries, with a focus on next-wave startups. The 2017 Innovation That Matters report highlights two additional cities, not included in the rankings, with growing startup industries.
Across the industry, the share of next-wave startups—sectors spanning health, energy, education, and smart cities—continues to grow significantly. In these 25 cities, nearly half of all startup investment is flowing into next-wave companies; between 2012 and 2016, these investments topped $100 billion.
Evan Burfield, CEO and Co-Founder, 1776
J.D. Harrison, Senior Director of Strategic Communications, U.S. Chamber of Commerce
Sparky Zivin, Partner, Brunswick Group
Press Conference Call and Release of Innovation That Matters 2017 Report
*All attendees will receive an embargoed copy of the report
Thursday, October 12, 2017
10:00 a.m. EDT
Conference call—please RSVP for dial-in details and embargo materials
Credentialed members of the media are invited to attend. To register, e-mail firstname.lastname@example.org or call 202-463-5682
For planning purposes only, the cities included in this year's report are:
- Kansas City
- Los Angeles
- New Orleans
- New York
- Salt Lake City
- San Diego
- San Francisco Bay Area
- Washington, D.C.
Innovation That Matters is a research program designed to identify and explain how to create local innovation economies and leverage entrepreneurial thought to address the major challenges of our time. Innovation That Matters 2017 builds on the work of the two previous studies to provide cities and businesses with guidance on how to successfully shift to a digital economy.
1776 is a public benefit corporation that scouts and funds high-growth startups around the world focused on solving society's most fundamental challenges in sectors like education, energy, transportation and financial services. Launched by co-CEOs Donna Harris and Evan Burfield and headquartered in Washington, D.C., with additional campuses in Dubai and New York and San Francisco, 1776 serves hundreds of startups and institutions worldwide through its innovation curriculum, mentorship, investment and programming. It hosts more than 500 international events per year that attract heads of state, Fortune 500 CEOs, influential investors and global press.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America's long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future.
The U.S. Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
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