Tech and the City
Earlier this year Mayor Bloomberg and the New York Department of Education teamed up to create the Gap App Challenge, an initiative aimed to bridge the gap in math performance among middle school students. They challenged app creators to compete for a $15,000 top prize, which would be awarded to the most effective and innovative apps that focus on middle school math and can be used by students, parents or teachers.
Kickstarted The crowdfunding king released its annual highlights for 2012 this week. And the startups is going about as gangbusters as well, an oversubscribed, blockbuster Kickstarter campaign. In 2012, 2,241,475 people pledged almost $320 million and successfully funded a little over 18,000 projects. That works out to about $606 per minute. Monetization is so much easier when it’s baked into your platform, isn’t it?
Indie No More Kickstarter competitor Indiegogo also released data for 2012. Campaigns raised 20 percent more in last year than they did in 2011 and successful campaigns took an average of 11 days preparing for their launch.