Clunky Flow

First the Bad News:

An impending recession means its bad news if you are in geared in deeply with the VCs and need to move rapidly on from trading on your cool new Web2.0-ish-ness to start demonstrating substantial short-term returns on investment.

And now the Good News:

Its good news if you can bootstrap, grow organically and emerge the other side. Where it’ll be a lot quieter. And much easier to get yourself heard. And by corollary good news for the YCombinator and SeedCamp model.

Via VentureBeat.com

Jon Fisher -a board member for several Silicon Valley based start-ups- predicts a “massive wave� of start-up technology company bankruptcies in the next quarters, as they run out of funding, struggle to make money and fail to find acquirers. On the other hand, some think that if companies can make it through the next several months, they’ll be especially well positioned for the ensuing economic recovery, in part because of reduced competition.

Plus ca change.

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I can’t recommend this program highly enough. If you are interested. Here’s a profile of the programme I wrote for the Sunday Busines Post while I was a participant. Profile of M50 for SBP

If you visited the M50 website today, you’d find this:

But I’ve got the heads up for you. The programme is now about to open for a new intake. M50 Enterprise Support Programme will be lauched on May 12th. . Beat the crown and get over to the website and get your application in.

Run by the 4 academic institutions on the M50: DCU, UCD, ITB, ITT. Participants can receive grant aid of up to 50% of previous years’ salary to a maximum of €38,000. The money is a great help, but its the mentoring and peer support that everyone talks about for years after leaving the programme.

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