Steve Case just won’t sit still.
The former chief executive of AOL and founder of Revolution is planning another bus tour through Middle America to draw attention to entrepreneurial communities beyond the typical technology hubs, such as New York, Boston and San Francisco.
From Oct. 6 to 10, Case will travel a total of 1,800 miles by bus from Madison, Wis., to St. Louis, with stops in Minneapolis, Des Moines, and Kansas City, Mo. Each stop includes a visit to a local start-up incubator and a pitch competition in which one venture will win a $100,000 investment from Case.
“Entrepreneurship is the lifeblood of our economy. Now more than ever, I believe that our nation’s prosperity is contingent on having a robust and diverse start-up economy that encompasses all regions of the country,” Case said in a news release.
Case took a similar tour in June as part of his “Rise of the Rest” campaign. That trip included stops in Pittsburgh, Cincinnati, Nashville and Detroit.
There are some who argue one is born, not taught, to be an entrepreneur. Whether or not that’s true, some universities churn out venture capital-backed entrepreneurs in higher numbers than others, according to a report published last week by PitchBook , a private equity and venture capital research company.
PitchBook analyzed a database of 13,000 company founders worldwide who have raised money from venture capitalists to determine how many hailed from the same universities. The report stops short of linking their academic credentials to success as an entrepreneur.
Two universities in the Washington region made the list of the 50 schools producing the most undergraduate entrepreneurs and companies: University of Maryland ranked 30th and Georgetown University came in 40th. The University of Virginia in Charlottesville also made the list at 29th.
The top of the list included many of the universities one might expect, including Stanford (No. 1), University of California, Berkeley (No. 2) and the Massachusetts Institute of Technology (No. 3).
McLean-based ID.me, a company that verifies customers’ identities online, was approved late last month as a credential service provider by the Federal Identity, Credential, and Access Management program.
What does that mean exactly? Users who have already proven their identity through ID.me will be able to use that same log-in information to access government services and records that would previously have required a separate user name and password.
“Consumers are tired of having to create yet another user name and password and to attempt to prove who they are to each government agency when they access government services online,” ID.me Chief Operating Officer Matthew Thompson said in a news release.
Co-founded by Thompson and Blake Hall, ID.me is also used by consumer brands, such as Overstock.com and Under Armor, to determine whether customers are eligible for specialty discounts, such as discounts for students or veterans.