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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. I first met Daniela Perdomo , goTenna’s founder, at SXSW. Innovation isn’t a charity—it’s a ticket to a very interesting and exciting future.

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

Government and academic professionals also seek them out to get connected to the startup ecosystem. It needs to go house to house--founders and employees getting matched through individual e-mail intros, deals happening over handshakes, and startups getting recruited into your ecosystem one at a time.

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500 Around the World: Takeaways from the Sberbank-500 Accelerator

500

If 500 has learned one thing from investing in over 75 countries, it’s the importance of placing bets in all the right founders and helping build ecosystems for them to thrive in. One of these often-overlooked regions is Russia, which despite challenges, has a booming tech and startup ecosystem.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

Sesie Bonsi is the founder and CEO of Bleu , a financial technology platform focused on enabling touchless payment experiences. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Sesie Bonsi.

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The Entrepreneurial Path: Essential Tips for First-time Founders

American Entrepreneurship

Two prominent entrepreneurs share their views on starting a business plus 10 tips every first-time founder should have. A founders journey when taking on the challenge of launching a startup is filled with highs and lows.Their path to success will have challenges, setbacks, and moments of doubt.

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Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

StartupNation

Today, Wheat is executive director and co-founder at Venture Catalysts in Detroit, a nonprofit venture and ecosystem development group, and lead of Backstage Capital’s Detroit Accelerator , a three-month program designed to give underrepresented founders the financial support they need to reach their next critical milestone.

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Techstars Launches Accelerator Program in Japan with Mitsui Fudosan and JETRO

AsiaTechDaily

The trio will introduce a new accelerator program in Japan. Techstars Tokyo builds upon the organization’s ecosystem development initiatives, which have historically supported entrepreneurs in their early stages through programs like Founder Catalyst and Startup Weekend.