July 20, 2012

Group shows startups how to give back

Half a million dollars is quite a start.

Boulder Valley startups for many years have helped drive the local, regional and national economies. Now, the innovation and entrepreneurship that helped those companies grow has reached the nonprofit sector.

The Entrepreneurs Foundation was organized in 2007 to promote philanthropy among entrepreneurs, investors and startups, Boulder County Business Report staff writer Michael Davidson notes in this edition. The idea is for startups to pledge 1 percent of profits or 1 percent of early-stage equity to the foundation.

The foundation recently made its first grants, including $400,000 to the Community Foundation Serving Boulder and Broomfield…

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