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New VC in Residence Program Showcases Miami’s Growing Interest in Entrepreneurship

Miami, long known for Sandy Beaches, beautiful sun, exciting Latin culture, and hordes of the elderly, is now developing a growing interest in entrepreneurship. Although it is notoriously difficult to develop a successful technology startup cluster, Miami certainly has a fighting chance. Marlon Nichols, the first VC-in-residence in the program was impressed by Miami’s progress. “After spending two weeks on the ground in Miami, I’ve met with a diverse group of entrepreneurs, investors, government officials, accelerators, and co-working facilities. The diversity among the entrepreneurs comes in culture, stage of company, and, most importantly, ideas. I’ve also been pleasantly surprised by the angel investor activity: one entrepreneur reported raising $6m from 50 angels. I look forward to spending more time here,” Nichols said. Read the Inc. article.