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Startup Port Newsletter - Issue #9

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The buzz this week: No one is ready for GDPR! A recent survey found that 91 percent of American busin
 

Startup Port Newsletter

April 23 · Issue #9 · View online
Create + Collaborate + Launch

The buzz this week: No one is ready for GDPR! A recent survey found that 91 percent of American businesses lack awareness surrounding the details of the GDPR, while 84 percent don’t understand the GDPR’s implications for their specific business.

Photo credit: Fox Studios via Vox and from Recode
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Startup Port Terms of Use and Privacy Policy Updates
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Startup Port Terms of Use and Privacy Policy Updates.
Dear subscriber,
As a subscriber to news and updates from Startup Port we want to let you know that we have updated our Privacy Policy and Terms of Service with additional detail about the types of personal data we process, how we use that data, and with whom we share it in line with the GDPR guidelines, even though we do not do business in the E>
If you have any questions, concerns, comments or if you would like to exercise your rights related to your personal data you may reach our data privacy team via email at info@startup-port.com
Please also note that at any time you can unsubscribe from receiving news and updates from us by clicking the “Unsubscribe” link below.
Best regards,
The Startup Port Team
The Startup Port Process
Startup Port offers a sought after and competitive program with a track record for business success. We work with a select handful of quarterly applicants through the launch process.
We begin with a business assessment to determine the product to market fit, the most efficient revenue generation process, and the methods for optimizing talent. Our startups then participate in our proprietary Sprint 90 program, developed to help founders plan and launch their businesses.

Startup Port
332 S Michigan Ave., suite 1100
Chicago, IL 60604 USA

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What is GDPR anyway?
Here is a nice guide about GDPR from Recode. A practical guide to the European Union’s GDPR for American businesses. 
Are you an American business owner with operations or customers in Europe? On May 25, 2018, the European Union’s (EU) General Data Protection Regulation (GDPR) goes into effect, bringing about a number of significant changes in how organizations collect, process, manage and store personal data.
What is the GDPR?
The GDPR is a major update to the EU’s existing data protection rules, designed to reflect some of the defining trends of recent years such as globalization and accelerating growth in digital technology. Its intention is to strengthen and unify data protection for individuals within the EU.
In addition to EU-based companies, it will apply to any U.S. company collecting, processing, managing or storing the personal data of those in EU member states in relation to the delivery of goods or services or behavior monitoring.
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About Startup Port: We partner with outstanding entrepreneurs and founders to help them build successful companies. Beyond just plain dollars, Startup Port brings “intellectual capital” in the form of matter experts who provide guidance, mentoring, operational advisory and coaching to entrepreneurs, by serving on their boards, providing much needed contacts/networking relationships, assisting with strategic growth planning, key hiring decisions, and preparing them for fundraising
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If you like this, please share with a friend, a colleague or better yet a young entrepreneur. Thank you, and make sure to manage your TIME properly, we do not have the luxury to restart it with a few keystrokes!
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332 S Michigan Ave., Suite 1100, Chicago, IL 60604