The founders of StartingBlock Madison, a nonprofit supporting entrepreneurism, education and economic growth, are raising funds to create a 50,000-square-foot physical hub where entrepreneurs, mentors, students and community members from different industries can work, connect and share innovative ideas.

Over the past year, the organization has developed plans for an entrepreneurial center in the Capital East District on the near east side, along East Washington Avenue. The hub hopes to serve and reach the 20- to 40- year old population in Dane County, which has increased by more than 10,000 since 2000.

According to StartingBlock’s website, the organization will build on Madison’s existing resources and successes to help create a culture of entrepreneurship in the Madison region. Through StartingBlock, the Madison region can expect to:

  • Increase the number of successful startups and accelerate job creation;
  • Increase investment dollars in our technology, healthcare and IT sectors;
  • Create a pipeline for talent of all ages and improve retention of high talent individuals; and
  • Establish Madison as a startup hub recognized for innovation and entrepreneurship.

For more information about StartingBlock Madison, please visit: http://www.startingblockmadison.org/.