DEDO and The One Million by One Million Program
Posted by Juanita Lester / in Blog /
Congratulations to our President and CEO, William Swezey II as he was selected into the Delaware Economic Development Office: One Million by One Million program!
DEDO announced their partnership with 1M/1M last year in September. The combined goal of the partnership is to provide resources to businesses in Delaware that can benefit from mentoring, and additional education, to become sustainable entities offering additional jobs and opportunities in Delaware. William, among others that are selected, are required to invest 50-100 hours in training and a one project-elective.
The 1M/1M program is a global virtual incubator/ accelerator that aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond, thereby creating a trillion dollars in global GDP and ten million jobs. DMI and WebDocs have joined this program with three additional businesses chosen at the end of last year. 1M/1M was founded in 2010 by Sramanta Mitra, a former Silicon Valley strategy consultant and founder of three technology companies.
DEDO is an executive state agency responsible for attracting new investors and businesses to the state, promoting the expansion of existing industry, assisting small and minority-owned businesses, promoting and developing tourism and creating new and improved employment opportunities for all citizens of the State. Read more about DEDO and the 1M/1M program here.