This one’s for the little guys. Five Reno startups, including a company that caters to endurance athletes and one that specializes in connected products — the Internet of Things in geek speak — were recognized by city and state officials on Tuesday for raising funding and creating high-paying jobs in the Biggest Little City.
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The 4th Annual Nevada Economic Development Conference takes a hyper-focused look at Nevada’s super-charged business and economic development trends, networks and ideas that are defining the new Nevada economy. The four keynote speakers scheduled to present at the conference are Raj Sisodia, Michael Tchong, Peter Kageyama and Mike Nager.
The city of Reno and Flirtey are on the fast track for drone testing after being picked for a federal pilot program. The city and the Reno-based drone company were selected as one of 10 applicants out of more than 150 nationwide by the Department of Transportation to take part in the Federal Aviation Administration’s Unmanned Aircraft Systems Integration Pilot Program, according to Sen. Dean Heller, R-Nev.
For more than a decade, Northern Nevada entrepreneurs and collegians have competed in business-plan competitions— and the results are beginning to show up in the region’s economy. Take a look at Dragonfly Energy. It’s a fast-growing young company in Reno that developed a strong name for itself as a manufacturer of lithium-ion batteries for RVs, boats and off-grid applications.
The struggle of MedMen president and co-founder Andrew Modlin to get in that one, final snip serves as an almost poetic metaphor for the challenges faced by any company that tries to get into the legal marijuana business. Just like his cannabis firm transitioned from an upstart company into a major player in a multibillion-dollar industry through the efforts of several people, however, Modlin eventually manages to cut through the chunky ribbon with a little bit of help. A year and a half since breaking ground just 10 miles east of Reno-Sparks, MedMen’s large, state-of-the-art cannabis factory was officially unveiled to the assembled crowd.
A group of local business women have joined forces to help other women succeed at business. Inspire Reno describes itself as a women’s entrepreneurial development center. “One thing we know about people who are peak performers is, the one thing they have in common is, they gather around other successful people,” says Dr. Erin Oksol, psychologist and business coach.