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Newsletter, August 26 – Small Business vs. Startup

Hey, everybody. It’s Ben again.

Last week, we dove into the exits of various startups out of Nebraska. These founders had to ask themselves questions on how much farther they wished to scale, would the market be more or less friendly if they continued and if they had fulfilled their personal goals. 

This week, I wanted to explore the beginnings of this journey, rather than the ending. Seeing various business models over the years at pitch competitions, meetups and conferences, I’ve always wondered how entrepreneurs determined their dreams of starting a small business or scaling a high-growth startup. Sometimes, I’ve even seen these words of “small business” and “startup” used interchangeably — but I know there is more to it.

To try to get a better understanding, I reached out to advisers from the Nebraska Business Development Center and The Combine for how they help entrepreneurs at the early stages of their ventures. I also heard the experiences and recent milestones of Nebraska-based Cup of Coa and Humbl Roots on their paths to scale into well-known food brands. 

Although consumer packaged goods businesses have distinct trajectories of their own, I thought they could act as a sort of a bridge between the worlds of small businesses and startups: starting at farmers markets and specialty stores to taking on venture capital and appearing in popular retailers across the country. 

Check out the story here on SPN, and maybe also see it as a friendly reminder to complete that grocery list you keep procrastinating.

Upcoming Events

  • Idea Pub: Morning Edition is this Thursday, Aug. 27, 9-11 a.m., at the Catalyst building in Omaha. Attendees can expect a panel on the tech transfer process. 
  • StartupLNK is hosting its monthly Founder and Friends meetup on Friday, Aug. 28, 4-6 p.m., at the Boiler Brewing Company in Lincoln. 
  • Attend Omaha AI’s upcoming event on Thursday, Sept. 3, 5:30-7 p.m., showcasing how Boys Town uses AI in its operations. 
  • Nebraska Chamber of Commerce and Industry is hosting its Economic Development Summit on Wednesday, Sept. 9, 8:30 a.m.-1 p.m. in Lincoln. Register here. 
  • The Bio Innovations North America conference is taking place Sept. 9-10 in Omaha. Learn more about the event aimed at entrepreneurs and stakeholders of the biomanufacturing sector.

See more events on SPN »

ICYMI: Updates from around the ecosystem

  • UNO receives $8 million federal award for 3D printing in healthcare, positioning Nebraska for national leadership
  • Meet Kelli Lieurance, partner at Baird Holm LLP, in the latest Prairie Portrait 
  • Applications open until Sept. 15 for UNL faculty to get funding to bridge research to commercialization
  • Mentors and new ventures: The continued legacies of Nebraska entrepreneurs following startup exits

Have an announcement or event you’d like to share in an upcoming newsletter? Send it to [email protected].

Until next week!

Sincerely,

Ben Goeser, Nebraska Startup Ecosystem Daily Reporter

Ben Goeser

Nebraska Startup Ecosystem Daily Reporter

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