November 11, 2014
This morning, the Crystal City, Arlington, VA-based Disruption Corporation announced a partnership with Miami-based startup accelerator and incubator Venture Hive. The unique partnership is targeted at providing early-stage startup founders and investors with more opportunities and increased resources on how to grow and run successful companies.
“In Venture Hive we are partnering here with a true leader in entrepreneur education,” said Disruption Corp. founder and CEO Paul Singh in a statement. “The fastest way to grow a new entrepreneurial ecosystem is to make sure investors are learning how to make smart investment decisions at the same rate that founders are learning how to build smart companies.”
The partnership between Disruption Corp. and Venture Hive opens up new pathways for both entrepreneurs and startup investors to learn about and put into practice best methods. Under the partnership, Disruption Corp.'s team of investors and analysts will focus primarily on managing and educating the investor community (including diligence and investment in accelerator companies) both in Miami and within Venture Hive's network of investor partners in Latin America. Venture Hive will continue to offer young companies in its program with a $25,000 non-equity grant and six months of rent-free office space – all with the added benefit of having full access to Venture Hive's extensive educational resources aimed at creating successful entrepreneurs.
Focused on providing industry insight, education, and advice to the private market, Disruption Corp. has quickly evolved into a valuable resource for institutions, angel investors and entrepreneurs since its founding by Singh last year. In addition, despite the creation of its Crystal Tech Fund (CTF) venture fund in just the earlier part of this year, the company announced last week the beginning of construction on its expansion that will double the size of Disruption Corp.'s headquarters in Crystal City.
Venture Hive was recently named as one of 50 winners for the U.S. Small Business Administration's (SBA) first ever Growth Accelerator Fund competition. Aimed at highlighting nascent startup ecosystems across the country, the competition's selection of Venture Hive conveys the growing demand for entrepreneurial funding and resources in Miami and its nearby regions.
Tech Cocktail CEO Frank Gruber and COO Jen Consalvo are investors in Disruption Corporation through the angel group NextGenAngels.
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