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As March Madness wrapped up, another basketball competition took the spotlight. Last week, Startup Institute hosted Raise the Rim: a three-on-three charity basketball tournament in which dozens of startup and innovation companies went head-to-head, raising over $10,500 for local charities in Boston, Chicago, and New York. Congrats to the winning team, Levered Returns, who gave it their all in double-overtime!
Raise the Rim is an annual tournament that brings startup communities together for team-bonding and the opportunity to give back. This year’s Chicago beneficiary was Future Founders Foundation. Donations will help inspire over 7,000 Chicagoland students to explore and practice entrepreneurship, while connecting them to great mentors. If you'd like to get you more involved in their work, whether giving your time or contributing financially, please contact Ethan Kenvarg to learn more.
The tournament was founded in 2012 by Bostonian Harvey Simmons, and has now expanded to it’s third city with the addition of New York this year. Its start wouldn’t have been possible without early support from teams such as EverTrue, TUGG and CoachUp. As Harvey shared,
"The spirit of a startup community never ceases to amaze me. Raise the Rim's growth is a testament to all the players, volunteers and organizers who've made it happen, and who continue to make a slam dunk for forward-thinking charities year after year."
We couldn't have done it without the generous support of WeWork. WeWork provides small businesses, startups, and freelancers with the workspace, community, and services they need. From weekly events, personalized support, flexibility, and access to over 20,000 like-minded entrepreneurs around the world – WeWork is the perfect place to grow your business in 2015 and beyond.
WeWork is opening their first location in Chicago on May 1st. Book a tour to join the community!Raise the Rim Chicago was also sponsored by some of the fastest-growing startups in Chicago including:
For a full list of participating and winning teams visit the the official blog of Startup Institute, The Whiteboard here.
Competition will be fierce for 2016, but with a continued increase in teams, sponsors, and cities -- the rim is sure to keep on raising! "Like" Raise the Rim on Facebook for news and information on next year’s events.
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