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Ideas get poorly vetted because the funders aren't current on tech trends. Is your business plan competition a fun thing you do on the side each year, or do you have real programs with fulltime staff dedicated to teaching full stack development and how to incubate real businesses? What about your academic programs?
What was harder to figure out how to do--and something no one ever really thinks about on the economic development side, is community. Anyone can build a coworkingspace, but it''s a lot harder to attract and curate a set of folks that makes me want to move into that space.
As an emerging field that is challenging the status quo of entrepreneurship in economic development, ecosystem builders are bound to run into obstacles along the way which – if repeated and consistent – make us want to pull our hair out. Dealing with resistive funders, however, is our biggest challenge. Ellen Bateman.
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