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And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses. It’s time for a radical rethink in how we do economicdevelopment. Startups are key to economic dynamism and strong economic growth.
In doing so, they’re participating in an economic revival that could change the destiny of the depressed Atlantic region. Sandy Bird is one of the protagonists of the Atlantic Canada tech-driven economic revival. Sandy co-founded Q1 Labs and then, after the acquisition, became the CTO of IBM’s security division.
Put off by high taxes and paperwork in their home country, many Italian entrepreneurs moved to places like London in years past to startup. Indeed, the Italian Ministry of EconomicDevelopment and the Italian Trade & Investment Agency in London have even been known to fund Italian entrepreneurs abroad to help them gain more experience.
The unicorns in Michigan demonstrate a fertile startupecosystem with unlimited opportunities. A couple weeks ago, StockX became the state’s newest in a quickly-growing cohort of unicorns, which includes two other startups that also earned the elite status this year. Acquired by Cisco last year for $2.35
Salyer served as a member of the Council Finance Committee, Council EconomicDevelopment Committee, and as chairman of the Council Social Services Committee. Salyer was inducted into the Oklahoma Woman’s Hall of Fame in 2017. Increasing the diversity in our start-up ecosystem also requires a strategic focus.
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