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This four-part series addresses why tracking and measuring the activity of your entrepreneurialecosystem is crucial to its long-term sustainability and the economic success of your community. Part 1: Why […]
In guiding organizations through the process of deploying Community Navigators (we often refer to them as Network Navigators), it’s been our experience this model can be successful in communities of all sizes—whether that’s impacting small towns like Klamath Falls or scaling to statewide initiatives in Kansas , Missouri , Wisconsin and Iowa.
SourceLink®, the National League of Cities (NLC) and the Ewing Marion Kauffman Foundation are pleased to announce the results of recent efforts to advance entrepreneurialdevelopment in Kankakee and Belvidere, Illinois. Entrepreneurialecosystem expertise. Committed partnerships.
In 2017, we shared 3 ways to empower your entrepreneurialcommunity. While those tips are still relevant, the pandemic and heightened awareness about the importance of building equitable and inclusive ecosystems has surfaced new challenges. Make your ecosystem inclusive. Who is missing from your network?
We would love to hear how your community is doing. If you have questions about the webinar or would like to get in contact with us or one of our panelists, email dmacan@joinsourcelink.com to start a conversation!
We are experiencing unprecedented opportunities for communities to evaluate how best to respond to short-term needs while building resilient solutions for long-term success. While it might be tempting to jump right in, it’s important to take the time to evaluate successful outcomes and develop a strategy to achieve your goals.
After three eventful years , I’m excited to say that my new book— The Startup Community Way: Evolving an EntrepreneurialEcosystem , with Brad Feld —is officially available to the public today! I learned so much in the process and developed a large number of meaningful relationships along the way that will last a lifetime.
Now more than ever, entrepreneurs and small business owners require support from economicdevelopers driving local economies forward. The Entrepreneurship Development Professional (EDP) certification. Developed with support from the Ewing Marion Kauffman Foundation and the U.S. A partnership to champion entrepreneurs.
During my tenure with the local University I worked with economicdevelopers all across Iowa, from Sioux City to Davenport and a great many small but mighty communities in-between: Grinnell, Parkersburg, Webster City and Lamoni to name a few. In the e2 EntrepreneurialEcosystems thought paper Why Entrepreneurship?
According to my friend Jeff Finkle (pictured right), president of the International EconomicDevelopment Council (IEDC), “Supporting entrepreneurs and small-business owners with creating and growing their local companies is a crucial part of economicdevelopment.”. EconomicDevelopment Administration.
Today marks the start of Global Entrepreneurship Week, an annual initiative that shines a light not only on the value entrepreneurs bring to our communities and global economy, but also the importance of building infrastructures that make it easier for them to start and scale their businesses. SourceLink?
From inception to implementation, ecosystem building can be a complex process, and it does not happen overnight. In fact, many communities start with just one area of focus and develop their program over time to realize economic impact. Solving statewide community opportunities. A wealth of resources is right.
After collectively witnessing many of our main street and small businesses across the country close in 2020, there arose a new sense of appreciation for the value entrepreneurs bring to our communities and our economy. In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship.
One way to do this is by engaging in Global Entrepreneurship Week , an annual initiative hosted by the Global Entrepreneurship Network that features 35,000 events across 125 countries with the goal of celebrating and empowering entrepreneurs in every community around the world—especially those who face systemic barriers. KC SourceLink.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Don Macke – Senior Vice President, e2 EntrepreneurialEcosystems. Nicole LaChapelle – Mayor, Easthampton, MA.
Read these tips from foundation leaders on how entrepreneurship ecosystem builders can develop relationships with foundations that invest in communityeconomicdevelopment.
The concept of building networks of support, or what has sometimes been referred to as, forging “entrepreneurialecosystems”, has been a key focus for many advancing the idea that innovation and entrepreneurship will be the future of not just our recovery- but the necessary inclusive pathway for economic advancement and wealth building for all.
To effectively support any entrepreneur, you must develop an infrastructure of resources in your community. After working with over 100 communities, we know that resources tend to cluster around the type of entrepreneur served and stage of business. Include resources that specialize in supporting new entrepreneurs.
Consequently, metros like Nashville, Indianapolis, Salt Lake City, and Phoenix have attracted more transplants from coastal hubs — a shift that helps spur economicdevelopment but also puts pressure on housing costs and public services. What separates entrepreneurialecosystem potential from realized success is often risk tolerance.
In our commitment to entrepreneurship-led economicdevelopment, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. How to Build an Inclusive EntrepreneurialCommunity. Entrepreneurship-Led EconomicDevelopment and Ecosystem Building.
Building Startup Communities is the Way to Economic Growth and Recovery. All across the country, communities need to jump start and rebuild their economies. And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses.
A small, but growing number of people are turning to entrepreneurialecosystem building as a strategy to build more inclusive and resilient economies. This project, The Ecosystem Building Leadership Project (EBLP) , recently launched the design phase. Recently the movement transitioned to a new stage.
There’s a new community network emerging to help entrepreneurialecosystem builders connect, learn, and grow— Startup Communities: The community for entrepreneurialecosystem builders. Startup Communities: The community for entrepreneurialecosystem builders to connect, learn, and grow.
And yet, our economic policies espoused by governments and traditional economicdevelopers continue to focus on attracting existing big businesses. There is a better way, and many of us know it—entrepreneurialecosystem building. Even fewer have been exposed to entrepreneurialecosystems and the value they offer.
This interview is part of the “Ecosystem Builders” series. More information about the ESHIP Communities program can be found here. My family and community invested so much into me, I have always felt the need to repay the investment. How has that impacted the community? A: My why stems from my upbringing.
Local broadband providers offer greater access to achieve economic prosperity Rural economies and communities benefit from access to fiber broadband, boosting entrepreneurship, income, and business investments. underserved communities with a lack of broadband or limited internet access, 2.
Practical Metrics and Methods (Academic Edition): Identify and develop better metrics and methods for ecosystem building. In a nutshell : There are many metrics and methods in use in entrepreneurialecosystem building, but they are not all widely adopted. In fact, many approaches are still emerging. Norris Krueger. “On
The essence of an entrepreneurialecosystem is its people and the culture of trust and collaboration that allows them to interact successfully. An ecosystem that allows for the fast flow of talent, information, and resources helps entrepreneurs quickly find what they need at each stage of growth.
This milestone represents years of dedication to growing Oklahoma’s entrepreneurialecosystem,” Plains Ventures President Justin Wilson said. “It By leveraging its extensive network and resources, i2E is committed to supporting innovation, driving economicdevelopment, and nurturing a thriving entrepreneurialcommunity.
If you’re feeling like your entrepreneurialecosystem engagement has been dormant, you’re not alone. During the pandemic, many ecosystem builders have felt challenged maintaining meaningful engagement with their network. There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment.
Practical Metrics and Methods (Practitioner Edition): Identify and develop better metrics and methods for ecosystem building. In a nutshell : There are many metrics and methods in use in entrepreneurialecosystem building, but they are not all widely adopted. In fact, many approaches are still emerging. Metrics do that.
Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
What ignites a startup ecosystem? Thriving startup ecosystems are good for the economy, good for society, and good for pretty much everyone. But ecosystem building is hard. Successful startup communities often grow organically without any deliberate plans or resources. Gregslist – The Unexpected Catalyst?
Maybe you envision your local coffee shop owner who wants to create space for community members to connect over a good cup of joe. As Forward Cities journeys with communities to develop equitable entrepreneurialecosystems, one thing we are learning is that our collective imagination around entrepreneurship will have to expand.
This post is part of a series featuring highlights from the Unsung Heroes of Ecosystem Building campaign which shone a spotlight on 40+ entrepreneurialecosystem builders from around the U.S. Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking.
Dozens of ecosystem builders share their perspective on what an entrepreneurialecosystem builder is, and does. One of the challenges in turning ecosystem building into a recognized profession is the lack of a recognized definition for what it is and what an ecosystem builder is. Community Focus.
While creating a diverse ecosystem that supports diverse entrepreneurs is emerging as an important economicdevelopment strategy, many communities struggle with how to create an environment that truly fosters inclusivity.
Goal 7 Sustainable Work: Develop professional recognition and resources for ecosystem builders. In a nutshell : Entrepreneurialecosystem building requires perseverance. If I pay a chef to cook me a spaghetti dinner and I pay teachers to teach, you need to pay an ecosystem builder to do THEIR work.”.
As the field of entrepreneurialecosystem building has started to grow over the last decade a few books dedicated exclusively to the topic have become valuable sources of information for ecosystem builders. Many ecosystem builders may already be familiar with Amerine and Stanbridge through the Startup Junkies podcast.
As entrepreneurialecosystem builders, we’re united in our belief in the impact of entrepreneurship and entrepreneurialecosystem building as a strategy to build, and now rebuild, economies. It’s a common core value that distinguishes ecosystem builders. Change communities. The evidence is unambiguous.
Anchor Institutions’ Contributions to Building Inclusive Small Business Ecosystems was jointly developed by Local Initiatives Support Corporation (LISC) and Forward Cities with support from the Annie E. Creating Shared Value for Anchors and Small Business Ecosystems. Casey Foundation. DOWNLOAD THE FULL REPORT.
In honor of National Small Business Week, we’re celebrating the unique and enterprising spirit of entrepreneurs who contribute to our communities. Created by the U.S.
April 24, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.
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