Albuquerque became the 50th city to join the 1 Million Cups national network on Aug. 6, 2014. There are now 138 host cities. In its three years locally, the event has seen more than 230 speakers and 3,000 attendees, receiving credit as a key driver in the growth of Albuquerque’s entrepreneurial scene.
Mayor Richard Berry, who provided remarks at the inaugural 1 Million Cups, will also be speaking at this morning’s birthday celebration:
“The growth of this event in the last three years has been among the top in the nation. I am so proud of its leaders and the community that has supported it,” he said. “The continued evolution and growth of 1 Million Cups in Albuquerque is a reflection of the health of our entrepreneurial ecosystem. I congratulate them on their third birthday – and am confident they’ll celebrate many more.”
The 1 Million Cups format includes a brief six-minute presentation from one or two presenters about what their business does and why, how it operates and the challenges it faces. Each speaker then has a 20-minute discussion with the audience about ways the business can improve and grow.
Founded by the Ewing Marion Kauffman Foundation, 1 Million Cups is a free program designed to educate, engage and connect entrepreneurs with their communities. The program is a pivotal piece of the Foundation’s “Zero Barriers” movement, a collaborative, nationwide effort that identifies large and small barriers to new business creation to reverse the long-term decline in entrepreneurship.
“Entrepreneurs walk away from each session with fresh business ideas, new contacts and an overwhelming feeling of support by the community,” says 1 Million Cups-Albuquerque lead organizer Charles White.
The successful event has inspired others as well: “TAZA,” a 1 Million Cups-style bilingual event from the South Valley Entrepreneurial Network takes place from 9-10 a.m. Thursday mornings. Impact and Coffee from SINC New Mexico is for nonprofits and social entrepreneurs each Tuesday morning at the Epicenter, 119 Gold Ave.
Today’s 1 Million Cups event will include special guests and regular presenters, and Doughboy’s Bake Shop will serve tres leches cake.
WHAT: 1 Million Cups Albuquerque
WHEN: 9-10 a.m. EVERY Wednesday morning
WHERE: FatPipe ABQ, 200 Broadway Blvd. NE
HOW: Visit 1mcabq.com or download and use the 1 Million Cups app