The concept of the Seed Fund is to provide emerging entrepreneurs with small investment that propels them forward. While the capital is important, mentoring and intellectual support has proven to be the valuable components to this program.
Social High Rise partners with small businesses to create and manage vibrant and engaging online communities via Facebook, Twitter, Yelp, Google+, Foursquare, LinkedIn, and TripAdvisor. They offer a do-it-for-you service so that business owners can stay focused on running their business.Mark Sorenson is a Chico native who is passionate about entrepreneurship and building Chico's start-up ecosystem. He has extensive experience in direct sales and management and has negotiated and raised investment capital from U.S. and international angel investors for the development of early-stage internet start-ups. As the founder and CEO of Social High Rise, mark's company vision is centered on lean start-up principals and helping small businesses thrive. When he's not working a 14-hour day, you can find Mark trail running in Bidwell Park or playing the guitar.
Just as Mark believed that he had a good idea in building a social media management company, so did 3CORE. Social High Rise received the first investment of the Seed Fund for a total of $10,000. Since that time, SHR has hired tree account managers (2 full-time, 1 part-time) and three sales people (2 full-time, 1 part-time). Social High Rise is currently cash flow break even and has 55 active clients. They currently occupy office space in downtown Chico and are projected to continue its growth and success.
For more information on Social High Rise, please visit them at
www.SocialHighRise.com
or on Facebook or Twitter
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