Google, Microsoft, LinkedIn, AmEx And Others Offer Over $400M In Value To Startup America


Unveiled at the end of January, the Startup America Partnership has just announced a slew of new company commitments, in conjunction with President Obama’s Town Hall meeting at Facebook today.

For those uninitiated, Startup America is a White House partnership with AOL co-founder Steve Case and the Kauffman and the Case foundations, with the aim to increase “the number of new, high-growth firms that are creating economic growth, innovation, and quality jobs; celebrate and honor entrepreneurship as a core American value and source of competitive advantage; and inspire and empower an ever-greater diversity of communities and individuals to build great American companies.”

15 companies are upping the ante on their Startup America commitments today, delivering over $400M in value in addition to the original Startup America commitment, derived from partnerships with companies like IBM and Intel. Startup America is also rolling a membership program where companies in various stages (like Startup, Rampup and Speedup) can apply for these resources.

And the resources are impressive. Google is donating over $100 million worth of Google Ads to the cause and HP is offering an estimated $100M in discounts on printers and other products.

Alexia Tsotsis
http://tcrn.ch/furKLG

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