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Colorado Tech Leaders Launch Foundation

Tuesday, February 27, 2007 7:00:00 AM PDT | VentureDeal Staff

BOULDER, CO -- A group of entrepreneurs has announced the launch of the Entrepreneurs Foundation of Colorado, a non-profit community support organization.

The foundation is designed to be funded by startups and individuals with a portion of their stock, so that when successful, the foundation is funded with proceeds from the sale of stock.

Five companies are the founding backers: Collective Intellect, Me.dium, NewsGator Technologies, Rally Software and Tendril.  The foundation also includes venture capitalists, attorneys and other organizations.

The foundation is a chapter of the nationwide Entrepreneurs Foundation.

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