IBM to Expand U.S. Investment in Entrepreneurs

WASHINGTON ARMONK, N.Y. Jan. 31, 2011 IBM $150 million the United States Startup America

http://photos.prnewswire.com/prnh/20090416/IBMLOGO

James Corgel

Since launching its Global Entrepreneur initiative last year, IBM has helped launch more than 500 new businesses in key areas such as green energy, health care and transportation. The new investment will be used to:

• the United States
• Expand education, build skills and mentorship programs in collaboration with the academic and venture capital communities;
• Provide skills and business opportunities to the growing community of software developers who collaborate on emerging technologies.

the United States

Boston

Promod Haque

Among the new American start-ups working with IBM are:

• Streetline San Francisco
• Sproxil Boston
• CareCloud Florida

Tuesday, February 1 Austin, Texas Austin

To help build start-up communities and harness the innovation of academic communities, IBM is also launching its 2011 Skills Tour that will visit 15 college and university communities in 10 states over the next 100 days. Each event brings together students and professors with business, government, venture capital and non-profit leaders from the area to discuss the skills needed for leadership jobs in the 21st century.

www.startupamericapartnership.org

www.ibm.com/isv/startup

SOURCE IBM