While Washington, D.C., was somewhat immune to the recession in its earliest days following the 2008 stock market crash, the financial downturn did set back the city’s startup scene slightly.
Over the last few years, however, D.C. has seen a rise in entrepreneurial spirit, according to a short profile on Entrepreneur.com.
That spirit has combination accelerator-incubator spaces, like The Fort and 1776, both of which opened in the last two years, to thank in part. Another group that receives a nod is Foster.ly, the for-profit LLC about which Technically Baltimore said has “appointed itself the task of supporting communication and collaboration among entrepreneurs in Maryland, Virginia and the nation’s capital.”
Read the Entrepreneur.com story here.
The biggest kick for D.C.’s startup scene? Density, which the story calls “that phenomenon of walking around and bumping into other founder types.”
Also note: today, March 5, is the application deadline for Foster.ly’s Internship Match Initiative. Technically Baltimore reported in January on the effort, which will pair college students with startups for three-month-long internships.
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