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5 Things to Research Before Working With a Startup

You've poured your heart and soul into building your company. Make sure any newcomer you bring into your business has done the same -- and has the processes in place to protect your investments . When you’re running a business, it’s easy to get in over your head. Taking something from concept through execution to successful brand never sounds easy, but there’s always something you overlook at first glance. Even the most seasoned entrepreneurs work with others to cover their bases. Niche startups and outsourcing exist precisely to fill business-needs gaps in specialized expertise. It’s also why software as a service (SaaS) solutions are as popular as they are, and why there always will be new, agile startups hitting the field. Working with a startup is very tempting. Smaller businesses are more likely to cater to your needs rather than offer you a one-size-fits-all option. Smaller shops can focus on customer service, with potentially less on their bottom line. The

30 Under 30 In Enterprise Tech: Reinventing Business With Artificial Intelligence

In 2016  Alexandr Wang, 20 , took time off from his graduate computer science studies at MIT. He headed to Silicon Valley to join his friend and fellow developer  Lucy Guo, 23 . Two years  earlier, Guo - a 2014 Thiel Fellow - had left her senior year at Carnegie Mellon to pursue her own tech career.  Now, little more than a year after Wang left Cambridge, the two are leading a $4.7-million startup.  Scale , “The API of Human Intelligence,” serves such giants as Alphabet, P&G, GM Cruise and more. From high school dropouts to Stanford Ph.D’s, most of the  Forbes 2018 30 Under 30 Class in Enterprise Tech  are augmenting Artificial Intelligence with indispensable human skills.  Both Wang and Guo have substantial experience in tech, including stints at Snap and Quora. So they know that despite the considerable hype AI is, as they describe it, “not ready for prime time.” And, like much of this year’s class, they took risks to create something new. Scale offers immediate access t

DIPP To Rank States On Basis Of The Success Of Their Startup Policies; Invites Feedback From Ecosystem Stakeholders

The Efforts Taken By The States Before March 2018 Will Be Considered And Final Ranking Will be Announced In June 2018   The Department of Industrial Policy and Promotion, DIPP is now inviting feedback from startup ecosystem stakeholders to rank the states and union territories on the basis of the success achieved in implementing their startup policies. A feedback mechanism has been opened on the  official website of Startup India . As mentioned on the Startup India website, the said stakeholders include startups, mentors, investors, accelerators, incubators and the government bodies. “For this exercise, all actions and initiatives undertaken by states on or before March 2018 will be considered. Some of the parameters, which was essential for states to have a well-defined startup policy running, include having a startup cell or helpline and a mobile or web portal to act as a one-stop-shop for all queries on starting up, the size of the mentor network created by the state g

10 Key Steps To Getting A Small Business Loan

Small business loans are available from a large number of traditional and alternative lenders. Small business loans can help your business grow, fund new research and development, help you expand into new territories, enhance sales and marketing efforts, allow you to hire new people, and much more. This article sets forth 10 key steps to take in getting a small business loan, with some practical advice and insight on the lending process. 1. Understand the Different Types of Small Business Loans Available There are multiple types of small business loans available. The options vary depending on your business needs, the length of the loan, and the specific terms of the loan. Here are a number of small business loan choices: Small business line of credit.  Under a small business line of credit, your business can access funds from the lender as needed. There will be a cap on the amount of funds accessible (e.g., $100,000) but a line of credit is useful for managing a company