Welcome back to the Great North Labs newsletter! 2019 has been a big year for us. We invested $5.7M in 10 startups, including six in Minnesota, three in Illinois, and one in Wisconsin. That brings our totals to date to $8M in 18 early-stage startups throughout the upper Midwest, and one in Colorado. 

Other than investing, the past year has been full of great events, important developments, and growth. Here are our top 5 stories of 2019. 

Top 5 Stories of 2019

1. The year started with a bang, as we closed our debut fund. Our $23.7M raise is one of the largest debut venture funds ever raised in the Midwest. You can read about it on our site, at VentureBeat, or hereherehereherehere, and elsewhere.

2. Minnebar is one of the largest tech gatherings annually in Minnesota. Put on by Minnestar, the bar camp (similar to an un-conference) attracted 1,700 local tech professionals to Best Buy HQ. Not only is it a popular event, it’s a fun event to present at. Read our recap

3. Launch MN took off with Red Wing Ignite alumnus Neela Mollgaard at the helm. The MN DEED initiative aims to grow the innovation ecosystem around the state (their application for education funding grants has recently been extended to January 17th, FYI). Watch Great North Labs’s Ryan Weber speak to state legislators and Gov. Walz at the Launch MN Kickoff. 

4. Twin Cities Startup Week was a huge success this year, with 16,000 attendees and over 200 events. We partnered with TCSW organizer BETA.MN to expand the BETA Showcase to include Greater MN for the first time. 10 startups from Greater MN exhibited, and ecosystem supporters from around the state were brought together beforehand at the Greater MN Meetup. Read more in our newsletter here, and about all of the other things we did during TCSW.

5. Finally, our year has ended with a call to giving. We’ve challenged the startup community to commit to a founders pledge, to ensure the support of the nonprofits that support founders. It’s a virtuous cycle, and we want to see it become a part of our startup ecosystem. Read more about the founders pledge here.

Also, consider donating to Minnestar at this time. Our advisor, Daren Cotter, is currently matching donations up to $10k

The developments in 2019 have been fantastic, including fund growth, state policy changes, growing tech events, and nonprofit support.

“I am interested in paying it forward to the MN Tech community that has been so much a part of the success of InboxDollars. I support Minnestar’s mission and the dedicated people who are executing it every day.

I truly believe that vibrant and growing tech community benefits all its stakeholders. Minnestar and its excellent team are dedicated to executing this mission every day, and I’m proud to support them. I’m excited to see our community continue to grow, and I hope this match campaign will be a small part of that! I can’t wait to see what the great entrepreneurs and technologists in MN are going to build next.” –Daren Cotter (via Minnestar)

Events

The holidays are a busy time for everyone! If you find some time between family and friends, here are some events worth attending: 

Portfolio News

Clinician Nexus is the newest addition to the Great North Labs portfolio. Read about their $1.5M round in the Star Tribune. Clinician Nexus provides health systems, schools, and students with a transparent, people-centered platform that facilitates better clinical rotation management, from start to finish. 

Job Board

Dispatchis hiring all over the country for Part Time Drivers and in Bloomington, MN for a Biz Dev Representative, Data Scientist, and CFO. 
Structural is hiring an Associate Software Engineer in Indianapolis or St. Paul, MN. 
TeamGenius is hiring a Sales Associate in Minneapolis. 
FactoryFixis hiring a Software Engineer, Product Designer, and UX Designer in Madison, and a Biz Dev Specialist and Account Manager in Chicago.
Misty Roboticsis hiring a Lead Qualification & Inside Sales Specialist, and a Inside Sales Specialist (contract) in Boulder, CO. 
2ndKitchen is hiring a Customer Success Manager, Account Executive, and Director of Sales in Chicago. 
PrintWithMe ishiring a Customer Success Associate, Network Operations Specialist, Inside Sales Executive, and an Operations Lead in Chicago; Super User Technicians in Portland and Houston; and a Regional Sales Director for the West Coast.
Parallax is hiring a Customer Success Specialist, Quality Assurance Engineer, Senior Software Engineer, and for a Growth/Customer Acquisition role in Minneapolis. 
Branchis hiring a UX Designer, Content Marketing Manager, Settlement Analyst, Software Engineer, Customer Support Agent, Customer Success Manager, and a Senior Backend Engineer in Minneapolis. 

1. The year started with a bang, as we closed our debut fund. Our $23.7M raise is one of the largest debut venture funds ever raised in the Midwest. You can read about it on our site, at VentureBeat, or here, here, here, here, here, and elsewhere.

2. Minnebar is one of the largest tech gatherings annually in Minnesota. Put on by Minnestar, the bar camp (similar to an un-conference) attracted 1,700 local tech professionals to Best Buy HQ. Not only is it a popular event, it’s a fun event to present at. Read our recap

3. Launch MN took off with Red Wing Ignite alumnus Neela Mollgaard at the helm. The MN DEED initiative aims to grow the innovation ecosystem around the state (their application for education funding grants has recently been extended to January 17th, FYI). Watch Great North Labs’s Ryan Weber speak to state legislators and Gov. Walz at the Launch MN Kickoff. 

4. Twin Cities Startup Week was a huge success this year, with 16,000 attendees and over 200 events. We partnered with TCSW organizer BETA.MN to expand the BETA Showcase to include Greater MN for the first time. 10 startups from Greater MN exhibited, and ecosystem supporters from around the state were brought together beforehand at the Greater MN Meetup. Read more in our newsletter here, and about all of the other things we did during TCSW.

5. Finally, our year has ended with a call to giving. We’ve challenged the startup community to commit to a founders pledge, to ensure the support of the nonprofits that support founders. It’s a virtuous cycle, and we want to see it become a part of our startup ecosystem. Read more about the founders pledge here.

Is it spring already? Where is the late-April blizzard? Ah well, there’s always a surprise October snow to look forward to. 

MinneBar 14 was this past weekend, with 1700+ tech enthusiasts gathering at Best Buy HQ for the best local tech event this side of Twin Cities Startup Week. As they say, a good time was had by all. Our recap will walk you through the highlights and show you why we love it.

Speaking of Twin Cities Startup Week, mark your calendar for this October 9-16th. It’s going to be a good one this year. And hopefully snow-free!

Rob Weber has been supporting entrepreneurs in St. Cloud and hanging out with the GovernorRead all about it on the Greater St. Cloud Development Corporation’s website.

Great North Labs Managing Partner Rob Weber with Minnesota Governor Tim Walz.

While you’re at it, do a little supporting yourself by contacting your state rep about supporting the Minnesota Innovation Collaborative. Steve Grove, MN DEED’s commissioner, has some big plans, and he knows a thing or two about both public policy and supporting entrepreneurship. 

Mary Grove does too, as the former director of Google for Entrepreneurs. She was on-hand at MinneBar to present “VC Reverse Pitch” with Rob Weber, where they shared metrics and qualifications they look when investing as VC’s. Mary, a partner in Revolution’s Rise of the Rest Seed Fund, also spoke about partnering with Great North Labs, “One of the reasons we like co-investing with Great North Labs is because Rob and Ryan have the experience of building, growing, and exiting a company.” 

Speaking of ecosystem building, a great article came out comparing Sioux Falls and Fargo. Sioux Falls and Fargo: Two Approaches to Building Startup Ecosystems. It’s a great intro for anyone interested in the tech and entrepreneurship communities in the two cities, or for anyone interested in practical examples over theory.

Upcoming Events

Beta Showcase Spring 2019-May 8th, Minneapolis, MN. It is “a science fair for startups, with beer and music”.  

Minnesota Entrepreneur Kickoff – May 14th, Fort Snelling, MN. This annual event is devoted to growing the MN entrepreneur ecosystem. Ryan Weber will be presenting on Exponential Technology. 

5 Lakes Forum– May 14th, Milwaukee, WI. “5 LAKES Forum is a launchpad for tech and startup leaders from the Great Lakes region to create meaningful connections and navigate high-level business and technology topics.”

EntreFest – May 16-17th, Cedar Rapids, IA. A two-day conference for entrepreneurship and innovation professionals. Ryan Weber will appear on two investor panels, and will also be speaking on Exponential Technology.

Drone Focus – May 29th, Fargo, ND. This conference is expanding their focus to include the infrastructure, software, systems, and resources for autonomous systems. It is put on annually by Emerging Prairie.

Lean Startup Bootcamp – May 29th-June 19th, St. Cloud, MN. Join Great North Labs for our Lean Startup Bootcamp to level-up your skills as an entrepreneur, a product manager, or student of innovation. This work-friendly training is from 6-8:30 p.m. for four consecutive Wednesdays. 

SingularityU Minneapolis-St.Paul Chapter Kickoff – June 4th, Minneapolis, MN. Join chapter co-ambassador Ryan Weber for the inaugural event of this organization, one of only 2 Midwest chapters of a total 142 chapters in 66 countries worldwide. SU-MSP is focused on education, networking and community, with a mission to work to solve the world’s most pressing problems with exponential technologies. (Signup and Speakers TBD).

Portfolio Action

ZenLord Pro is live with a new website. The landlord management software startup also has a flashy new explainer video, in case you’re looking for an easy way to manage your rentals or just need to understand what it is, exactly, that they do. 

New Advisors

Six Great North Labs advisors are new to the team

Nick Tietz is the former Director of New Business Development and Innovation at Life Time Fitness, and is a co-founder of VariAware, LLC and Vitals Aware Services. Nick is the founder of The Sota Enterprises, where works with companies and startup founders to turn ideas into assets. Among other things, he partners with Great North on Innovation Workshops.


Aaron Kardell is Founder & CEO of HomeSpotter, which is a “relationship engine” for brokers, real estate agents, and clients. 
He is the former founder & CEO of Mobile Realty Apps, and co-founder of Deals.by.


Casey Carl is CEO and founder of North Coast Ventures, a strategic advising and early stage venture investment company. He is also the Chairman of the Board of Directors at Minnesota health nonprofit MATTER.


Thompson Aderinkomi is co-founder and CEO of Nice Healthcare, which is a primary care clinic that provides care through in-home and remote video visits. He also co-founded Relate, and is a former co-founder and board member of Healthcare.mn.


Bryan Laskin is the founder of Operability, LLC, which is leading development for cloud based communications for the healthcare industry. He is also the SVP of Innovation for Dental Care Alliance, and co-founder of Talentship.


Scott Resnick is theCOO of Hardin Design & Development, and is the current Entrepreneur is Residence at StartingBlock Madison. He is also the former Executive Director of StartingBlock, which is an entrepreneurial hub in Madison (similar to 1871 in Chicago).

Job Board

Dispatch is hiring all over the country for Field Sales Representatives and Drivers and for a variety of positions in Bloomington, MN. 
Structural is hiring a Digital Marketing Specialist in St.Paul.
TeamGenius is hiring a Part-time Customer Success Associate in Minneapolis. 
FactoryFix is hiring a Software Engineer in Madison, and a Business Development Specialist, Business Development Manager, and a Key Accounts Manager in Chicago.
Misty Robotics is hiring a Head of Hardware and a Manufacturing and Repair Engineer in Boulder. 
Pepr is hiring for Business Development – Outbound Sales in Minneapolis. 
2ndKitchen is hiring a City Lead and a Full-Stack Developer in Brooklyn, NY.

The annual MinneBar event, hosted by non-profit Minnestar, is the largest bar camp-style conference in the country. Saturday, April 27th was the fourteenth incarnation of this highly anticipated event, and it did not disappoint. How highly anticipated was it? Tickets were released in two waves this year, and the first wave sold out in under 7 minutes. Total attendance for the 165+ sessions at Best Buy HQ in Richfield was 1,700.

Minnebar has become Minnesota’s version of South by Southwest

-random Minnebar14 attendee

As one passerby put it, MinneBar has become Minnesota’s version of South By Southwest. Don Ball, cofounder of coworking space COCO (now Fueled Collective) credits Managing Director Maria Ploessl and her crew for keeping it a “pure experience”. “Lesser minds would kill it off through monetization,” said Ball.

Becky Lauseng, Director of HR at the ag-tech software company Conservis and a Minnebar newbie, shared her glowing review with Great North, “This year was my first time attending Minnebar and wow, was I impressed! I’m already looking forward to next year!  From the variety of topics offered in the breakout sessions, to the passionate and forward thinking presenters, this event was so valuable to me.  For someone who supports a local technology company and its employees, I gained a lot of insight on current trends, ideas and technology advancements that I can take back to work and apply.  I can’t wait for next year!”

Great North Labs is a proud supporter of Minnestar and Minnebar. Our advisors Sona Mehring and Alex Ryan are board members, while advisor Ben Edwards and Great North Labs Managing Partner Rob Weber sit on the Advisory Board. Edwards is actually the co-founder of MinneBar and Minnestar, and he returned this year to represent his current startup (and Great North Labs portfolio company) Misty Robotics. We were glad to be a part of another successful Minnebar, and to see a strong showing from the MN tech community. Here are some of the highlights.

Diversity and Inclusion in Tech

The day started as it always does with Session 0. This year’s presenter was Sharon Kennedy Vickers, Chief Information Officer for the City of St. Paul. Vickers is a 2018 Bush Fellow, and is the co-founder of Techquity, and co-organizer of CodeSwitch and Open Twin Cities.

Rob Weber at the opening remarks

A key point from Vickers’s speech was that one of tech’s greatest pitfalls is in overvaluing “outputs” of users and workers compared to their inputs. She is working towards an inclusive innovation economy, and making Minnesota a great place to launch tech products with social impact.

“Diversity is the invitation into the room. Inclusion is the offer to dance.”

Elliot Payne

Later in the day, Jeff Lin hosted a panel on the importance of diversity in tech, with Antoinette Smith, Jenessa White, Elliott Payne, and Philip Xiao. As Elliott put it, “Diversity is the invitation into the room. Inclusion is the offer to dance.”

At Great North, we believe that founders in rural areas also work at a disadvantage, especially when it comes to accessing capital and receiving strong mentorship. We work with these founders through the tech and entrepreneur communities in cities like Sioux Falls, Fargo, and St. Cloud. So we were glad to see Caitlyn Casper from St. Cloud State’s Entrepreneurship Club taking part in her first Minnebar!

VC Reverse Pitch

Our team’s first presentation of the day was voted into the largest room, the Theater. Great North Labs Managing Partner Rob Weber presented “VC Reverse Pitch” alongside Mary Grove, partner in Revolution’s Rise of the Rest Seed Fund (ROTR). The session shared a fund manager’s perspective on what they seek to know when determining whether a startup is worth investing in and how a VC can help a founder grow their business. It was packed with founders looking for inside knowledge on securing investment.

“They are good friends, co-workers, and partners.”- Mary Grove, ROTR partner

Among his opening remarks was a tidbit of valuable advice for founders. Rob talked about how important it was for a founder to be knowledgeable and able to provide an overview of their total addressable market (TAM) as experts in that industry. Weber also frequently encountered founders being unable to explain how their startup’s primary distribution model connects to their serviceable market (SAM).

Mary Grove later seconded this notion, as she said that many times what got ROTR excited was when they could look at a fleshed out growth plan, charted out for months in advance. She recommended that founders provide quarterly follow-ups to fund managers with key progress updates.

“One of the reasons we like co-investing with Great North Labs is because Rob and Ryan have the experience of building, growing, and exiting a company.”

Mary Grove, Partner, Revolution’s Rise of the Rest Seed Fund

Grove highlighted the importance of finding good, trustworthy co-investment partners to complete a successful venture round, and talked about why Revolution like to partner with Great North Labs on deals. “One of the reasons we like co-investing with Great North Labs is because Rob and Ryan have the experience of building, growing, and exiting a company.” She had more glowing words for the Weber twins early on, saying, “They are good friends, co-workers, and partners.”

She also stated that it is time for the Twin Cities to be nationally recognized, and we at Great North Labs agree with this wholeheartedly. We think that Revolution’s Rise of the Rest Seed Fund, and their mission of driving economic advance and funding great startups in states outside of traditional VC funding, is the ideal partner in driving this national recognition.

Intro to Exponential Technology & Leadership

Ryan Weber, Great North Labs managing partner (and Rob Weber’s brother), opened by explaining what compelled him to help establish a new chapter of Singularity University’s global community. After attending their executive education program in Silicon Valley, he returned home inspired by the future changes around the corner, and the possibility for global, positive impact by using these technologies for good. He joined the founding team of SingularityU Minneapolis-St. Paul in hopes of educating and inspiring others to work on moonshot projects aimed at changing the world instead of simply solving problems. 

Weber shared local startups that are using exponential technologies

The local tech community has gone through extensive growth in the past 5 years, and is becoming one of the best places to form a startup in the country. However, Silicon Valley is far ahead of us when it comes to startups with grand, world-changing visions. Weber believes that to take the tech community even further, we need to study the world’s greatest challenges, and see how we can exploit new exponential technologies to provide solutions that are ten times or more better than what is currently available. 

Weber’s presentation included an introduction to the concept of exponential thinking, a review of a few of the most promising new technologies with examples of local startups going after moonshots utilizing them, and closed with a call-to-action to join the movement by joining the chapter. Membership in SingularityU Minneapolis-St. Paul Chapter is free. The chapter’s kickoff event is at UMN-Carlson on the evening of June 4th, and non-members are welcome to attend.

Creating a MoonShot

Ryan Weber and The Sota Enterprises CEO (and Great North Labs Advisor), Nick Tietz, facilitated a working session focused on design to promote moonshot thinking and the new SingularityU Minneapolis-St. Paul Chapter. In 45 minutes they took a packed room of about 75 people through a structured process to generate a moonshot project.

Participants chose a Grand Challenge to work on, then used two methodologies, “Question Storming” and “Future Wheels”, to crystallize a moonshot statement that embodied the key elements of a world-changing project. Each participant left with a self-generated moonshot idea to solve a major problem facing the world that they would be interested in tackling.

Work Space Selection: Aligning Work Space With Your Company’s Growth

While MinneBar is rife with practitioners teaching multiple skill levels in technical niches, it has really broadened its offerings compared to the early days. This year included a presentation on Korean Skin Care, Personal Finance for Programmers, and even one unlisted, pop-up session titled “How I Accidentally Started a Bank in Nigeria” [Or was it Angola? I forget the country].

One interesting, non-technical session addressed the workspace needs of companies with rapidly expanding employee numbers. David Anderson (Frauenshuh commercial real estate service provider) and David Paeper (HGA architects) provided great advice for growth companies on how to align their work space with their company’s growth. “Your most valuable asset is your people so your space needs to make them your first priority” said David. 

David Anderson and David Paeper talked about tailoring work spaces for growing startups

Their presentation covered a wide breadth of topics including Location, Amenities, Value, Design + Culture, Well-Being + Safety, and Function + Aesthetics. Key takeaways include:

  1. Subleasing – Subleasing often provides the most flexibility and value.  Most, but not all, sublet space can be searched for on an exchange to help a tenant quickly find what’s on the market.
  2. Visualization Helps Determine Location – They showed examples with overlaid visuals on a map, used to explore where a companies staff live and where the transit options are, in order to determine the optimal location.
  3. Suburbs vs. Downtown – The costs for the same quality of space are typically similar downtown versus in the suburbs. However, parking typically is an added expense for being downtown. 
  4. Compression Planning – A growth company should utilize compression planning in their real estate plan to help them understand how they can utilize their space effectively from the onset and after they achieve their expected growth without incurring unexpected costs.
  5. Freestanding Furniture Is Best – Freestanding furniture has greater reusability and is becoming more strongly preferred compared to panel furniture for tech companies whose need to reconfigure frequently

Sharing the Minneapolis-Saint Paul Tech Community Story with the World

For the entrepreneurs and for the tech talent, what’s going on matters, the ecosystem matters, the way we tell our story matters.

Meg Steuer, Forge North

A panel of presenters including Tiffany Orth of Make It. Msp, and Matt Lewis and Meg Steuer of Forge North talked about the importance of storytelling when building and promoting the local tech and innovation ecosystem. While economic opportunity is first and foremost, the whole presentation served as a reminder of all the great reasons why the the area is a good place to work, live, and grow a business.

Moving Forward

Mary Grove’s husband, Steve Grove, is working to drive changes at the state level as the new commissioner of MN DEED. The Minnesota Innovation Collaborative is an important effort to inject some growth into Minnesota’s innovation economy. While the Twin Cities metro has the most Fortune 500 companies per capita among US cities, many of them are from the 1970s or earlier, and we aren’t generating new ones at a lead-sustaining pace. Many parts of the state, including declining rural areas and the Iron Range, are in dire need of economic innovation. While we believe that private investment (like ours and that of ROTR) can drive growth in these areas, we believe that the most impactful approach includes public action as well.

MinneBar is a welcome reminder of the power of community, and of the promise of technology to create a better life. Whether you want to create a moonshot, build an exponential tech startup, get funding for a high-growth venture, house your growing company, or attract out-of-state talent, it’s good to know you are welcome at MinneBar, and in the diverse, inclusive tech ecosystem that is growing here in Minnesota and the upper Midwest.

Great North Labs is proud to work with and support organizations like Minnestar, SingularityU Minneapolis-St. Paul, Forge North, Revolution’s Rise of the Rest Seed Fund, and the Minnesota Innovation Collaborative. We are fortunate to be part of this growing, talented, and inclusive tech and innovation community that is among the best and most economically promising in the country. And we are excited to facilitate rapid, innovative growth in early-stage startups by bringing capital, experience, and our network to bear in this rich environment.

Minnebar is almost upon us and this year is going to be great. The annual event will take over Best Buy’s headquarters for the fourteenth time, on April 27th. As always, it features local tech and startup community members, and an agenda of user-generated content that is vetted and voted on by said community. Both Ryan and Rob Weber are presenting and you can view their sessions (and vote for them!) here. 

Ryan and Nick Tietz will be presenting an interactive talk called Developing A Moonshot Idea – Broadening Perspective & Thinking Creatively:

“This session is an interactive session designed to help you learn new skills to strengthen your adaptiveness! The two techniques you’ll learn in this session are Question Storming and Future Wheels along with an intro to how these could be paired with exponential tech to come up with a Moonshot!” 

Tietz has partnered with us recently on educational workshop content around innovation, and both Weber and Tietz are leaders of SingularityU Minneapolis-St. Paul Chapter.

Pictured: Great North Labs recently partnered with Nick Tietz of The Sota Enterprises to put on an Innovation Workshop. Find out more info about our Innovation Workshops here.

Moonshots are a key part of Singularity University’s approach to solving huge global problems using rapidly growing (exponential) technologies. Ryan’s other talk will elaborate the mission of SingularityU, and talk about exponential technologies and their future disruptive impact.

Don’t miss SingularityU Minneapolis-St. Paul Chapter Intro to Exponential Technology & Leadership:

“Humans evolved based on a linear way of thinking and so it’s difficult for most to imagine the impact that will come along with each of these technologies. There are currently about 20 exponential technologies have the potential to disrupt our lives as much as the internet and mobile did over the next 20 years. While disruption is certain, the future is up to us, to define how these exponential technologies impact the world.” 

This talk was one of the most popular talks last year, so sign up early! If you’re interested in exponential technologies and using them to solve pressing global problems, check out the local chapter here. 

Rob Weber will be holding a one-man pitch session with his VC Reverse Pitch- Learn a VC’s investment criteria talk:

“Sick of pitching? Let’s turn the tables so you can stop sweating it out over your pitch deck. I’ll tell you what we look for, so you can decide whether your startup should get our investment.”

It’s a great opportunity for founders who want to know what VC’s look for, without the pressure of a meeting. 

Tickets go on sale April 11th at 2pm and sell out quickly!

Events

April 2nd, Sioux Falls, SD. Hustlers + Hockey, Sioux Falls Stampede vs. Lincoln Stars. Join Great North Labs for a special game-long happy hour as the Sioux Falls Stampede take on the Lincoln Stars. It’s your basic venture- and startup-centric happy hour, but from a club-level bar/lounge at center ice. Thanks to our advisor Brian Schoenborn for the opportunity and his work organizing! 

April 3rd, Sioux Falls, SD. Great North Labs is holding a Lean Startup Lunch and Learn at the Zeal Center for Entrepreneurship. Ryan Weber gives a practical overview of Lean, distilled from the material from the Great North Labs two-day Lean Startup Bootcamp. Join us at the Zeal Center for Entrepreneurship in Sioux Falls, for lunch, networking, and a chance to learn about creating, running, and growing efficient startups. Thanks to Andy Jorgenson and Thad Giedd for setting this up!

April 27th, Richfield, MN. Minnebar14. Held every year since 2006, Minnebar is a rite of passage for Twin Cities startups. “Minnebar is a user-generated conference that is participant-led. There are no keynote speakers or formal workshops, and all sessions are led by people from the tech and business communities. This event is free and open to anyone with a passion for technology!”


April 11th, Minneapolis, MN. OnRamp Insurance Conference. The OnRamp events were started by gener8tor to give startups access to corporate execs and late-stage investors. They have evolved into a series of vertical-specific events, including this one focused on Insurance. “The conference highlights innovations disrupting the insurance industry, the leaders making such innovations possible and how new technologies and business models will reinvent the industry.” 

April 13-17th, Minneapolis, MN. 33rd International Conference on Business Incubation.  “The agenda will feature more than 30 educational sessions, multiple powerful keynote speakers, and several unique opportunities to meet, connect, and collaborate with peers from around the globe. ICBI will also provide unprecedented access to important resources and exciting networking opportunities with executives from some of America’s largest corporations, all of whom are looking to connect with innovative entrepreneurs and the organizations that support them.” Mary Grove, the local partner in Revolution’s Rise of the Rest Seed Fund, is speaking. 

Advisor News

Two Great North Labs advisors are new to the website!

Shawntera Hardy  is the former Commissioner of the Minnesota Department of Employment and Economic Development (MN DEED). She is currently the Co-Founder/Head of Strategy of Civic Eagle, a SaaS platform that leverages artificial intelligence to help enterprises and non-profits identify, track, and analyze legislation and regulations. Shawntera is also Co-Founder of Fearless Commerce, a publication and platform focused on elevating Black Women business owners.

Casey Allen is the founder of Enterprise Rising and Health Rising, and the former co-founder and partner in the Skyway Fund. Enterprise Rising is an annual conference and community for Midwest enterprise startups. It will be downtown Minneapolis July 17-18 this year. 

Job Board

Dispatchis hiring all over the country for Field Sales Representatives and Drivers and locally for Software Engineers and Biz Dev. 
Structural is hiring a Customer Implementation Specialist Intern
TeamGenius is hiring a Sales Associate in Minneapolis. 
FactoryFixis hiring a Software Engineer in Madison, and a Business Development Specialist and an Account Managers in Chicago.
Misty Robotics is hiring a Developer Writer and Head of Hardware in Boulder. 
2ndKitchen is hiring a City Lead and Full-Stack Developer in Brooklyn. 

Exponential Technology

Intel co-founder Gordon Moore famously predicted that computing power would grow exponentially by doubling every two years (“Moore’s Law”).  The implications of such rapidly improving computing power are now evident all around us, but back when Gordon predicted such growth it was hard to imagine a future with such incredible computing power.

In March, we held our first-ever Exponential Technology and Leadership workshop to address the inevitable trends that will disrupt many industries.

Whether it’s AI, IoT, medicine, space, or even blockchain, it was evident throughout this bootcamp that proactive, exponential thinking is necessary to maintain a competitive advantage in all industries.

Participants had the opportunity to hone in on their skills development through the process of question storming, developing moonshot ideas, and rapid prototyping.

If you were unable to attend, you can still sign up for our next workshop on April 23rd.

See Tickets for April 23rd Workshop

 

Welcome, new Advisors!

Candice Savino – VP of Engineering at Trunk Club; Formerly Senior Director of Engineering, Groupon

Nicolas Thomley – Henry Crown Fellow at The Aspen Institute, Co-Founder & CEO of Morning Sun Financial Services, Founder of Pinnacle Service

Suk Shah – CFO at Avant; Formerly CFO at HSBC

Paul Longhenry – SVP – Strategy, Corporate, and Business Development at Tapjoy; Formerly Venture Capital Investment Director at D.E. Shaw Ventures

See our Team

 

Top Midwestern Spots for Startups

It’s no secret that the startup ecosystem is rising in the Midwest. “…the amount of money being invested into startups is on the rise in the Midwest and throughout many other parts of the country, reaching fresh multi-year highs in 2017. Almost one full quarter into 2018, the trend appears to continue unabated.”

Read more from Crunchbase about why the Midwest is now being coined as a “goldilocks zone.”

Check out the Great North Labs Portfolio

 

Upcoming Classes

4/10 – Lean Startup Bootcamp

4/23 – Exponential Technology & Leadership Workshop –

4/28 – Agile Scrum Crash Course

See Startup School

 

Lean Startup Bootcamp 

Follow the Lean Startup Path to create your next startup, realize your potential in Product Management as a career, and master the skills needed to find winning business models through Lecture and Labs.
Our work-friendly bootcamp is over three Tuesday sessions: 4/10, 4/17, and 4/24 from 6:00 – 8:30 pm at Great North Labs in St. Cloud.

Exponential Technology & Innovation Workshop

The implications of rapidly improving computer power are evident around us – gain a competitive advantage and avoid disruption through this workshop. Become familiar through our Intro to Exponentials, review Disruptive Technologies, expand your Exponential Leadership, and develop skills to broaden your perspective.
Monday, April 23rd from 8:00 – 4:30 pm at Fueled Collective in Minneapolis.

Agile Scrum Crash Course

Learn and begin applying the foundational concepts of Agile Scrum to improve work transparency on your team. Review the history of Agile, problems that can be solved via Agile, and tackle software development complexity.
Saturday, April 28th from 9:00 – 5:00pm at Fueled Collective inMinneapolis.

 

Minnebar is April 14th

Great North Labs’s Managing Partners, Ryan and Rob Weber, will speak three times at this annual tech and software conference which has been a Twin Cities mainstay since 2006. The all-day event will be at Best Buy Headquarters. Tickets are free.

Tweet to Meet with Rob (@robertjweber) or with Ryan (@mnvikingsfan) at the event.

Check out more Events

 

Do you know any investors interested in sharing investment opportunities? Have them contact us!

July Newsletter
Great North Ventures

iraLogix closes $22M + Branch expands with Uber

iraLogix Closes Series C
Great North Ventures

iraLogix closes $22M Series C

June Newsletter
Great North Ventures

Flywheel lands Gates Foundation grant

We're Hiring
Great North Ventures

Venture Capital Analyst

We're Hiring
Great North Ventures

Executive Assistant – Venture Capital Firm

Great North Ventures Raises $40M Fund II
Great North Ventures

Great North Ventures Raises $40 Million Fund II

Investment Thesis: Fund II Strategy
Great North Ventures

Investment Thesis: Fund II Strategy

Investment Thesis: Community-Driven Applications
Great North Ventures

Investment Theme: Community-Driven Applications

Fund II Theses: Solving Labor Problems
Great North Ventures

Investment Theme: Solving Labor Problems

April Newsletter
Great North Ventures

Trends in the Gig Economy + Work in the Metaverse

Minnebar14
Josef Siebert

MinneBar 14 Recap

Minnesota Innovation Collaborative
Josef Siebert

Minnesota Innovation Collaborative

engineer and various business information. Internet of things industry.
Pradip Madan

IoT 3.0

Healthcare innovation image
Great North Ventures

Healthcare Innovation