Every day, the public hears more about technology and media entrepreneurs, from when they started in the garages and the dorm rooms, all the way up until when they go public, get acquired or go spectacularly bust. The way that the world mourned the passing of Steve Jobs last year and that young people now look to Mark Zuckerberg as a model for what's possible offer some insight into that dynamic.
For those who want to follow in their footsteps, the most interesting elements of those stories will be the muddy details of who came up with the idea, who wrote the first lines of code, who funded them, how they were mentored and then how the startup executed upon their ideas.
Today, foundations and institutions alike are getting involved in the startup ecosystem, but with a different hook than the venture capitalists on Sand Hill Road in California or Y Combinator: They're looking for smart, ambitious social entrepreneurs who want to start civic startups and increase the social capital of the world. From the Code for America Civic Accelerator to the Omidyar Foundation to Google.org to the Knight Foundation's News Challenge, there's more access to seed capital than ever before.
Knight Foundation supports transformational ideas that promote quality journalism, advance media innovation, engage communities and foster the arts. We believe that democracy thrives when people and communities are informed and engaged. For more, visit www.knightfoundation.org.