Steve Case $1M Investment Promise Draws Enthusiasm in ‘Rise of the Rest’ Regions

In a surprise announcement this week at the first ever Google for Entrepreneurs Demo Day, Steve Case, chairman and CEO of Revolution and co-founder of AOL, announced he personally intends to invest $100K in each of the ten companies, located in seven different North American cities, during their next fundraising rounds.

Companies representing the growing entrepreneurial ecosystems across North America were able to bring the exciting news to their home towns, which include Durham, N.C., Minneapolis, Minn., Denver, Colo., Nashville, Tenn., Detroit, Mich., Chicago, Ill., and Waterloo, Canada.

Stories, in national and local publications, about these incredible startups and their founders have been flowing in since Case’s announcement yesterday, as seen in Entrepreneur, The Washington Post, Washington Business Journal, Bloomberg TV, TechCocktail, The Tennessean, Minneapolis/St.Paul Business Journal, Twin Cities Business, Triangle Business Journal, The Herald Sun, Nashville Post, WRAL TechWire, MEDCITY News, and News and Observer.

Entrepreneur, “This Billionaire Just Gave 10 Startups $100,000 Each on a Whim”

The Washington Post, “Steve Case makes a spur-of-the-moment million-dollar investment in 10 start-ups”

Washington Business Journal, “Steve Case, in Oprah-esque move, commits $100K to 10 startups

Bloomberg TV, “Steve Case to Back 10 Entries with $1M”

Tech Cocktail, “10 Startups That Received $100k from Steve Case at the Google for Entrepreneurs Demo Day”

The Tennessean, “InvisionHeart lands $100K from AOL founder Steve Case”

Minnespolis/St. Paul Business Journal, “AOL founder Steve Case wants to invest in two Twin Cities startups”

Twin Cities Business, “2 Mpls. Startups Surprised By $200K Offer At Google Event”

Triangle Business Journal, “AOL co-founder Steve Case to invest in Durham’s Windsor Circle, Automated Insights”

The Herald Sun, “Durham start-up Windsor Circle judges’ pick in Google competition”

Nashville Post, “InvisionHeart lands Case cash”

WRAL TechWire, “Windsor Circle wins Google Demo Day; Automated Insights also brings home some gold”

MEDCITY News, “Mobile EKG startup walks away from Google for Entrepreneurs demo day with $100K”

The News and Observer, “Durham’s Windsor Circle voted best pitch at Google Demo Day”