The investment pitches are done and the party leftovers cleaned up.
What's left of Twin Cities Startup Week — which finished Wednesday after five business days with a weekend in the middle — are the follow-ups for money, employees and jobs.
The sixth-annual event, designed to bring attention and funding to Minnesota startup companies, was the biggest and most wide-ranging yet. Three of the region's largest companies — Cargill, 3M and Target — joined in as sponsors. St. Paul-based Abilitech won the Minnesota Cup, the business competition that anchors the week.
And Phenomix Sciences, started by a Mayo Clinic doctor, won the Million Dollar Challenge for Minority Entrepreneurs from the Metropolitan Economic Development Association.
Some other developments:
Fly-ins increase
Representatives of Beta.MN and Greater MSP, the industry and development organizations that put Startup Week together, spend a portion of the spring and summer recruiting prospective tech workers to attend the event. Backed by funds from various local companies, they offer stipends to cover travel and lodging costs to the recruits, dubbed "fly-ins."
This year, their efforts attracted 45 fly-ins, up from 39 last year and 21 the year before. Most came from bigger cities, including New York, Los Angeles, San Francisco and Chicago. Two came from Toronto and some came from Australia, organizers said.
Last year, a handful of the fly-ins took job offers they received during Startup Week or shortly thereafter.