Today, Impact Venture Capital announced via Twitter and the Sacramento Business Journal that it has selected sixteen Sacramento area startup companies to participate in its Entrepreneurs Showcase Accelerator program.
Elk Grove-based technology startup Yellow Circle has been selected to participate in this prestigious program. Yellow Circle, founded by Elk Grove resident Navneet Grewal, provides a free virtual information technology platform allowing students to learn about the unique capabilities of cloud computing and cloud infrastructure. The non-profit business started in Mr. Grewals garage, and has grown to 40,000 users worldwide. The company plans to stay and grow in Elk Grove.
The Entrepreneurs Showcase Accelerator program is a 10-week mentorship session that helps startups fine-tune their legal, marketing, sales, and business plans.
Read the full Business Journal article here.
Please join the city and community of Elk Grove in congratulating Yellow Circle on this accomplishment.
About the City of Elk Grove
Elk Grove is a vibrant, business and family friendly community of approximately 168,000 people in the Sacramento, California region. Elk Grove is a young, ethnically diverse, modern city that was incorporated in 2000. Elk Grove has low crime, excellent schools, over 95 community parks and 28 miles of trails, plentiful dining and shopping options, numerous annual events and festivals, and over 270 sunny days per year. Median Household Income is $84,827, the average home value is $299,339, and 62% of adults over 25 are college educated. 8,710 businesses employ 44,806, including corporations like Apple, Kaiser, and the State of California. Commercial rents are affordable, and the City has virtually no seismic or flood risk. Elk Grove has been ranked as the 7th most racially diverse city in the country, the 2nd best city for homeownership in California, the best Sacramento suburb for young couples, and is the fastest growing city in California and the 11th fastest in the nation.
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