Denver Startup Week breaks attendance records; report cites tech growth

Thursday September 15, 2016 0 comments Tags: Denver, Denver Startup Week, Downtown Denver Partnership, Tami Door

DENVER -- Denver Startup Week  organizers announced the fifth annual event is breaking attendance records this week, with 12,500 registrants as of Wednesday.

Denver Startup Week is being held this week in downtown Denver with more than 300 free events scheduled.Denver_Startup_Week2016

Last year’s event drew about 11,000 attendees, the largest number in the event’s history.

Denver Startup Week is billed as “the largest free entrepreneurial event in North America” and is the state’s second-oldest Startup Week after Boulder, which marked its seventh Startup Week in May.

For a complete list of events scheduled for today and Friday, click here.

The Downtown Denver Partnership, a title sponsor of Denver Startup Week, released a report on the state of innovation and entrepreneurship in downtown Denver.

Highlights of the DDP report include:

  • 4,508 people work for 664 tech startups in the city’s center
  • Nearly 8 percent of center city businesses are tech startups
  • 56 startups raised more than $420 million in venture capital in the last year
  • 165 tech startups were founded in the center city in the last 12 months
  • In the past two years, the total number of tech startups in downtown Denver has increased by 13 percent compared to 9 percent growth for businesses in all industry sectors
  • Since 2013, total employment in the tech sector has increased at a faster rate than downtown employment as a whole
  • Tech companies now represent 10 percent of all companies in downtown Denver

“The increasing number of tech startups, a growing population of highly qualified employees and significant and continued investment in center city innovation creates an entrepreneurial ecosystem that plays a significant role in an economically vital downtown,” said Tami Door, DDP’s president and CEO.

“The growth of tech startups is strong, both in terms of number of new businesses and job creation,” Door said. “Through programs like Denver Startup Week and The Commons on Champa, we are focused on providing access to free resources and education to further establish downtown Denver as the leading place for businesses to succeed."