If the importance of tech to the economy needed a further boost, it got it during President Obama's State of the Union Address. "A once-shuttered warehouse is now a state-of-the art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make almost everything," said President Obama.
The traditional thinking has been if you want to be the next Apple, Facebook, or Google you have to take your idea West. The new thinking, not necessarily so.
"You see the light bulb go on that no longer do we have to say to ourselves, Silicon Valley is the only place I can go if I have a startup dream," says Donna Harris, 1776 Co-Founder.
That's one of the principles behind 1776, which will soon occupy space in downtown Washington D.C., one example of a tech hub far from Silicon Valley. "We talk about being founded by founders. And every city in America really has a core strength of really being built largely by entrepreneurs," says Scott Case, Startup America Partnership CEO.
The goal, bringing young companies together in a campus of sorts, creating a community among them, and helping them find ways to maximize the city around them, rather than leave home base.
Silicon Valley has some awesome assets that are really unique to that ecosystem. We have assets here in D.C. that are unique to our eco-system and it's all about how do we build a startup community that derives from those assets," says Evan Burfield, 1776 Co-Founder.
It's a concept budding entrepreneurs can apply in any city.