1776 is a startup incubator founded in Washington, D.C. by entrepreneurs Evan Burfield and Donna Harris in 2013. [1] 1776 is a public benefit corporation focused on solving societal challenges in regulated sectors such as education, energy, transportation, and healthcare. In October 2017, 1776 merged with Philadelphia-based Benjamin's Desk to become the nation’s largest network of incubators with 10 campuses on the east coast. [2] 1776 is now led by Benjamin's Desk co-founder Jenn Maher. [3] Currently, the company has over 2700 members representing over 1000 companies with 200,000 square feet under management.
A business incubator is a company that helps new and startup companies to develop by providing services such as management training or office space. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes their members’ incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and combination of the above.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington or D.C., is the capital of the United States. Founded after the American Revolution as the seat of government of the newly independent country, Washington was named after George Washington, first President of the United States and Founding Father. As the seat of the United States federal government and several international organizations, Washington is an important world political capital. The city is also one of the most visited cities in the world, with more than 20 million tourists annually.
Evan Burfield is an American entrepreneur. According to Christopher M. Schroeder, Burfield is a leading authority on "regulatory hacking," a framework for how startups can work with government and build businesses in complex marketplaces. Currently, Burfield is the CEO of Union and is the cofounder of Washington, D.C. startup incubator 1776.
History
1776 started with 200 member companies in its first year and has now grown to have an international presence with offices across the United States and in Dubai.
1776 was started in partnership with several established organizations including Comcast, Microsoft and the District of Columbia which serve as 'Founding Partners'. [4] In 2015, 1776 closed its first seed fund at $12.5 million. [5]
Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
Microsoft Corporation (MS) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. As of 2016, it is the world's largest software maker by revenue, and one of the world's most valuable companies. The word "Microsoft" is a portmanteau of "microcomputer" and "software". Microsoft is ranked No. 30 in the 2018 Fortune 500 rankings of the largest United States corporations by total revenue.
Since its founding and prior to its merger, more than 700 companies have gone through the incubator program which includes startups across the fields of healthcare, transportation, energy, education, and smart cities. Some of the health companies include: Babyscripts, CancerIQ, Cognotion, Dorsata, and Orchestra One. [6]
Many prominent policymakers and industry leaders, including President Barack Obama and Prime Minister David Cameron have visited and toured the business incubator. [7] [8]
The President of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces.
Barack Hussein Obama II is an American attorney and politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American to be elected to the presidency. He previously served as a U.S. senator from Illinois from 2005 to 2008.
David William Donald Cameron is a British politician who served as Prime Minister of the United Kingdom from 2010 to 2016. He was the Member of Parliament (MP) for Witney from 2001 to 2016 and Leader of the Conservative Party from 2005 to 2016. He identifies as a one-nation conservative, and has been associated with both economically liberal and socially liberal policies.
In October 2017, 1776 merged with Benjamin's Desk. Jenn Maher co-founded Benjamin’s Desk in 2012 with her husband, Mike Maher, and her brother-in-law, Anthony Maher. [9] Over its first five years, Benjamin's Desk expanded from its original location near Philadelphia's Rittenhouse Square to seven campuses throughout the region, including a partnership with the University of Pennsylvania's Pennovation Center. [10]
Rittenhouse Square is the name of both a public park and the surrounding neighborhood that is referred to also as Rittenhouse in Center City, Philadelphia, Pennsylvania, United States. The park is one of the five original open-space parks planned by William Penn and his surveyor Thomas Holme during the late 17th century.
The University of Pennsylvania is a private Ivy League research university located in the University City neighborhood of Philadelphia, Pennsylvania. Chartered in 1755, Penn is the sixth-oldest institution of higher education in the United States. It is one of the nine colonial colleges founded prior to the Declaration of Independence. Benjamin Franklin, Penn's founder and first president, advocated an educational program that trained leaders in commerce, government, and public service, similar to a modern liberal arts curriculum. The university's coat of arms features a dolphin on its red chief, adopted from Benjamin Franklin's own coat of arms.
Programs
1776 startup members have access to a network of mentors, classes, and resources to build their businesses.
The 1776 Campus opened in April 2013. A partnership with entrepreneurial educational institution General Assembly was announced on September 9, 2013, and as a result, 1776 now holds full-time immersive programs, courses, classes and workshops in technology, business, and design at the Campus. [11] Classes cover a range of startup-related skills and disciplines, including law, marketing, data visualization, and web development. [12]
Data visualization is viewed by many disciplines as a modern equivalent of visual communication. It involves the creation and study of the visual representation of data.
Web development is the work involved in developing a web site for the Internet or an intranet. Web development can range from developing a simple single static page of plain text to complex web-based internet applications, electronic businesses, and social network services. A more comprehensive list of tasks to which web development commonly refers, may include web engineering, web design, web content development, client liaison, client-side/server-side scripting, web server and network security configuration, and e-commerce development.
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