1 Million Cups- a free, educational program for entrepreneurs- launches in Rochester on February 1st. The 1 Million Cups Rochester organizing team is seeking innovative startups and new businesses to present at this monthly, recurring event.
1 Million Cups was developed by the Kauffman Foundation in Kansas City and has spread to over seventy communities in thirty-five states over the past four years.
1 Million Cups takes place at 9AM, local time, in each 1 Million Cups community every Wednesday. At each 1 Million Cups event, two startups speak in front of an audience of their peers, potential investors and customers, and interested community members for six minutes, followed by a twenty-minute Q&A session with the audience. These businesses are typically less than three years of age and are usually in the revenue generating phase. 1 Million Cups presentations are not pitches. The focus is more on telling the story of the business.
Why should new startups and businesses want to participate in 1 Million Cups?
1 Million Cups is great exposure for your company. Participating businesses will raise brand awareness not only in the audience, but also through the 1 Million Cups Rochester social media. Rochester Rising will also be covering the events. Additionally, 1 Million Cups is a supportive environment. Presenters receive constructive feedback and new ways to view their business from the audience. It’s not a place to criticize business plans. 1 Million Cups is about leveraging the power of the community to support entrepreneurship. At its very core, 1 Million Cups is an educational program. Participating teams receive guidance on their presentation through informational videos from the Kauffman Founders School and by personalized coaching from the 1 Million Cups Rochester Community Organizing team.
The very first 1 Million Cups Rochester will take place Wednesday February 1st from 9-10AM at 14 4th Street SW. 1 Million Cups Rochester will be a monthly event held the first Wednesday of each month.
Learn more by attending a 1 Million Cups Rochester information session Wednesday January 10th from 6-8PM.