Top Startup Accelerator Chooses Palo Alto Software for Business Planning Tools
Eugene, OR (PRWEB) July 29, 2013 -- The world’s most promising entrepreneurs will take control of their business’ future during their upcoming Founder Institute program by using LivePlan, cloud-based pitching, planning and tracking software made by Palo Alto Software.
The Founder Institute, the world’s largest startup accelerator, offers a four-month training and mentoring program for entrepreneurs interested in launching high-potential technology startups. Of the over 800 companies launched through the program since 2009, 91 percent are still operating. Tens of thousands apply each year for just 1,000 spots in the program.
“Small businesses and startups are the backbone of economic growth in this country,” said Sabrina Parsons, CEO of Palo Alto Software. “As a company started by entrepreneurs and created for entrepreneurs, we’re pleased to team up with an organization that mentors and produces entrepreneurs that survive, thrive, and create jobs globally.”
LivePlan is a business pitching, planning and tracking SaaS (software as a service) tool designed specifically for small businesses and startups. It is the only tool that allows entrepreneurs and business owners to:
- Develop a pitch and validate their business model
- Create investor-ready business plans
- Easily create budgets and forecasts
- Track their financial progress using the Scoreboard feature
The product offers a way for high-tech entrepreneurs to remain lean while still setting goals and measuring progress, giving them the best possible chance for success.
“Incorporating LivePlan into our curriculum is a great way for us to continue our reputation as a startup incubator with one of the highest success rates worldwide,” said Adeo Ressi, serial entrepreneur and Founder Institute founder. “Our entrepreneurs are successful because we train them to plan ahead, set goals and continually measure progress. LivePlan allows them to do this quickly and effectively.”
The alliance with the Founder Institute is part of Palo Alto Software’s ongoing commitment to boost individual entrepreneurs and the global business community. Besides sponsoring business plan competitions and donating free LivePlan licenses to SCORE and SBDC chapters around the country, Palo Alto Software deliberately keeps the price of software low and the product accessible to small business owners.
Entrepreneurs selected for the upcoming Founder Institute class are set to begin in August.
About The Founder Institute
The Founder Institute (http://www.fi.co) is an early-stage startup accelerator and global launch network that helps entrepreneurs create meaningful and enduring technology companies. Through a part-time four month program, existing and prospective founders can launch their dream company with expert training, feedback, and support from experienced startup CEOs - while not being required to quit their day job. The unique Graduate Liquidity Pool also enables graduates and mentors to share in the equity upside of each class, creating local, teamwork-based ecosystems where great new businesses can flourish. In just over three years of operation, the Founder Institute has helped launch over 800 companies across 55 cities and 6 continents - making us the world's largest startup accelerator. The Founder Institute’s goal is to "Globalize Silicon Valley" by launching 1,000 meaningful and enduring technology companies per year around the globe.
About Palo Alto Software
Palo Alto Software, Inc. (http://www.paloalto.com), makers of the #1 selling business planning software in the world, develops and publishes tools, products, and content to help small and mid-sized businesses pitch, plan, manage, and grow their ventures. LivePlan, the company’s flagship product, is a SaaS (software as a service) solution for business planning and financial management. Palo Alto Software has been the market leader in its category for over 15 years, has served well over 2 million entrepreneurs, and has customers in 180 countries. It was founded in 1988 by business planning expert Tim Berry. Sabrina Parsons has been the company’s CEO since 2007. Parsons successfully expanded its service offering into the cloud with LivePlan. Palo Alto Software is a privately-owned corporation based in Eugene, Oregon.
Kelsey Gunderson, Walker Sands, http://www.walkersands.com, 312-880-1923, [email protected]
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