Entrepreneurs Foundation Generates $100K for community from first five exits

On Friday, I went to the Entrepreneurs Foundation of Colorado (EFCo) celebration party held at Rally Software. Everyone was celebrating the fact that five exits have generated over $100,000 that went back into the community, and that 27 area companies have now joined the foundation. There was fun, food, and networking, and the event featured a presentation from Suzanne DiBianca, the Executive Director of the Salesforce.com Foundation and graduate of CU Boulder.

I’m proud that Techstars is a member of EFCo, and that two of our companies were among the first five exits that have generated proceeds and helped give back to the community that has been so supportive of the program.

While I was there, I walked around and talked to a few of the folks who’ve been involved. Here’s a quick video that I shot.

I’d encourage you to think about donating a small portion of your company’s equity to EFCo. It’s a great way to build a culture of giving back into your company from the very beginning. If you’d like details, just drop me a note and I’ll be glad to help.

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