Venture Cafe Foundation Inc.
Venture Cafe Foundation Inc.
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About this organization
Mission
Venture Café New England's vision is that every person with an idea can feel empowered to become a successful entrepreneur. We believe in inclusive innovation. Our mission is to connect entrepreneurs and innovators with the resources they need to launch and grow successful businesses. Venture Café New England convenes the innovation community, and accelerates the innovation process through spaces, programs, and conversations for individuals and organizations to gather and build relationships.
About
VENTURE CAFE CAMBRIDGE THURSDAY GATHERING FOR INNOVATORS AND ENTREPRENEURS:THE MISSION OF THE VENTURE CAFE'S WEEKLY GATHERINGS IS TO PROVIDE AN INTERACTIVE FORUM FOR THE EXCHANGE OF INFORMATION, INFORMATIONAL RESOURCES AND CONNECTIONS THAT THEY NEED TO START AND GROW BUSINESSES WITH A VIEW TO CREATING SUSTAINABLE INNOVATION-DRIVEN BUSINESSES IN THE GREATER BOSTON AREA. IT IS GUIDED BY THE BELIEF THAT INNOVATION IS A SOCIAL PROCESS FUELED BY COMMUNITY AND COLLABORATION. THE VENTURE CAFE IS A WEEKLY GATHERING AND SET OF PROGRAMS PRESENTLY SET IN THE 5TH FLOOR CAFE OF THE CAMBRIDGE INNOVATION CENTER (CIC) IN KENDALL SQUARE. THE VENTURE CAFE OCCURS EVERY THURSDAY AFTERNOON FROM 3PM TO 8PM. WITH AN AVERAGE ATTENDANCE OF OVER 500 PEOPLE EACH WEEK, IT IS THE LARGEST CROSS-DISCIPLINARY GATHERING OF THE INNOVATION AND STARTUP COMMUNITIES IN NEW ENGLAND. IT PROVIDES A SPACE AND FORUM FOR, EDUCATIONAL PRESENTATIONS, INTRODUCTION OF NEW BUSINESSES, EXPERIENCE SHARING AND PROBLEM SOLVING WITH A UNIQUE OPERATING MODEL THAT HAS BEEN NOTED AS BEING HIGHLY EFFECTIVE. IN 2018, VENTURE CAFE KENDALL HOSTED OVER 800 EVENTS ATTENDED BY OVER 24,000 PEOPLE. SOME EXAMPLES OF EDUCATIONAL TOPICS COVERED AT VENTURE CAFE ARE:- SKILLS TRAINING IN CROWDFUNDING, FUNDRAISING FROM VCS AND ANGELS, MARKETING, NETWORKING, COMPANY VALUATION, COMPANY CORPORATE STRUCTURING, TEAM BUILDING.- COMPANY PITCH FEEDBACK SESSIONS FOR COMPANIES FROM SUSTAINABILITY MARKET, LIFE SCIENCES MARKET, DEFENSE, ROBOTICS, FOOD, AUGMENTED REALITY AND MORE. - INTERNATIONAL MARKET & PARTNERSHIP OPPORTUNITIES INCLUDING JAPAN, GERMANY, UNITED KINGDOM, SWITZERLAND, FRANCE, RUSSIA, ITALY, MEXICO AND OTHERS.NOTABLY, VENTURE CAFE'S SUCCESS IS WELL KNOWN. IT HAS BECOME A DESTINATION FOR VISITORS FROM ACROSS THE UNITED STATES AND AROUND THE WORLD SEEKING TO LEARN ABOUT AND CONNECT WITH THE GREATER BOSTON'S INNOVATION ECOSYSTEM, AND IN SOME CASES WITH A VIEW TO REPLICATING VENTURE CAFE'S MODEL AT HOME. GROUPS FROM DOZENS OF CITIES AND COUNTRIES HAVE VISITED THE VENTURE CAFE AND AT LEAST 25 NATIONS HAVE HELD NATION-SPECIFIC EVENTS AT THE CAFE. THE VENTURE CAFE THURSDAY GATHERING IS NOW BEING REPLICATED BY OTHER VENTURE CAFE NONPROFIT ENTITIES AS PART OF A GROWING NETWORK. SEPARATELY OPERATED VENTURE CAFE'S HAVE NOW OPENED IN ST. LOUIS IN 2014, ROTTERDAM IN 2015, MIAMI IN 2016, WINSTON SALEM IN 2017, PHILADELPHIA AND TOKYO IN 2018.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “The venture cafe foundation connects innovators to make great things happen. we believe anyone with an idea has the potential to be an innovator, and that innovation is present everywhere. our vision is to create a network of empowered individuals and communities who feel confident in their ideas and have the resources to achieve them. by providing spaces, programs, and connections, we can strengthen our local and global communities to tackle problems with creative solutions. our mission is to broaden, connect, and support an inclusive innovation community through a public network of spaces and programs to help anyone with an idea have the opportunity to succeed. venture cafe has been operating sites and programs in greater boston to achieve its mission since 2010. we have a strong record of providing value to the innovation community. we track quantitative as well as qualitative impact of our programs.”.
When referring to its actions, they were described as: “Enhances and accelerates the innovation process through spaces, programs, and conversations.”.
- According to the law, the state of operation reported by the non-profit is MA.
- As per the filing, the address of the non-profit for 2020 is 1 BROADWAY FL 14, CAMBRIDGE, MA, 02142.
- According to their form, the non-profit as of 2020 has a total of 23 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$286,125.
- The organization has 5 independent voting members.
- The organization was formed in 2012.
- The organization pays $1,155,506 in salary, compensation, and benefits to its employees.
- The organization pays $24,240 in fundraising expenses.
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