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As our founder Maria Meyers shares in her whitepaper Making (and Measuring) an EntrepreneurialEcosystem , most funders look for “partners that indicate a shared commitment to solve the problem.”. SourceLink has demonstrated success helping communities build and grow sustainable entrepreneurialecosystems.
I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems. What is Ecosystem Mapping and Why Do It? Ecosystem mapping can be thought of as the practice of observing, analyzing and visualizing an entrepreneurialecosystem.
From Elizabeth Hobbs Keckley, a former slave who ran a prosperous dressmaking business that eventually led to her designing and sewing dresses for Mary Todd Lincoln, to Anne Wojcicki, founder of genetic testing and analysis firm 23andMe, women have proved they have what it takes to reach the top of the entrepreneurial mountain.
Founders are not machines. The rate is even higher among founders: Studies reveal that entrepreneurs are more prone to depression (30%) and anxiety disorders (27%) compared to non-entrepreneurs (Journal of Business Venturing). Make no mistake, metrics matter, but so does the well-being of the human at the center of it all.
I find that some of the most sound entrepreneurial efforts are one where the founder has lived the problem uniquely in some way. I think a lot of companies suffer this when they're in new entrepreneurialecosystems or ones outside of major cities where innovation is happening in the biggest industries.
Dave Lavinsky, GrowThink co-founder , puts it like this: “I think the mindset for many has become, ‘If I’m going to ditch the office, why not ditch the boss, too?’ And many new work-from-home employees have now gained one to three hours per day as their commutes have been eliminated.
This report serves to further illustrate that thesis by breaking down what we look for in what we call “tentpole companies”: local startups that are the standout successes of a community’s entrepreneurialecosystem. Our report concludes with updates from 21 portfolio companies, from San Diego to Buffalo, and many places in between.
More Than an EventA Movement The Good Soil Movement is one of the fastest-growing entrepreneurialecosystems in the country. Jakes Group and Founder of the Good Soil Movement. In just two years, it has invested nearly $1 million in small businesses and now connects over 26,000 members nationwide. Jakes, Chairman of the T.D.
500 has seen incredible growth over the past 9 years, yet our goal has always stayed constant: back the world’s most talented founders. Everything we do is centered around bringing incredible ideas and entrepreneurialecosystems to life through inspiring individuals around the world.
Lewis is the founder and CEO of Gig Wage , a simplified fintech payroll platform built for contract workers. Black founders, and uniquely Black founders in tech, are facing insurmountable odds. Black founders need to own their resiliency and leverage the power that has resulted from their unique experiences. Contributor.
I am the founder of the relatively new domain extension “.club,” However, there are already millions of users, including many high-level leaders in both the entrepreneurialecosystem, Silicon Valley and the entertainment industry. Life seems so different after finding out about Clubhouse! The antidote to Zoom fatigue.
2017 YLAI Fellow Victor Rujano Bautista is the co-founder of Culturas Indígenas y Medio Ambiente Sustentable (CIMAS), an organization committed to promoting and defending the human rights of indigenous peoples and the protection of the environment in the Venezuelan state of Zulia. By Bryce Kelly.
It is within 500’s DNA to invest in talented founders, no matter whether they are situated in Silicon Valley or on the other side of the world. Earlier this year, we partnered with Magnitt, one of the premier players in the MENA entrepreneurialecosystem, to come out with a State of MENA Startups 2019¹.
An EDP certification demonstrates that economic developers have a strong understanding of how to build an entrepreneurial community,” said Maria Meyers , SourceLink’s founder and executive director. SourceLink is here to help you connect to resources and to build an effective and inclusive entrepreneurialecosystem.
These insights from top entrepreneurs benefit EO members plus the entire entrepreneurialecosystem. Set Goals Like Google: Why OKRs Surpass Other Goal-Setting Methods for Entrepreneurs Eric Crews (EO Boston), founder and CEO of management consulting firm Crews & co., shared his preferred goal-setting methodology. “I’ve
This is obviously a softball question that I’ve been Asked to Answer, as I’m the Founder/CEO of Gust. Disclaimer: the author is the Founder & CEO of Gust, and therefore this answer, while completely accurate, is not disinterested. Above is a screen shot I just took of my Gust investor dashboard.
Last week’s Forward Cities conference in Pittsburgh highlighted the need for equity and inclusion in the entrepreneurialecosystem. Deena Hayes-Greene, Co-Founder and Managing Director of Racial Equity Institute (REI) LLC. By Kaliah Ligon, Forward Cities Local Director – Indianapolis, IN. However, it is anything but.
Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurialecosystem builders. What does it say when we tell them their ideas and dreams are unworthy because they don’t fit into some narrow model of a startup founder? It’s not an afterthought.
The Journeys of Founders We Met on the Road Traveling the country by bus to visit founders and ecosystems defying odds was bound to turn up more than a few inspiring stories. A Vision for a New American Dream Today, less than 10% of venture capital currently goes to women founders and less than 1% to Black founders.
It’s a collection of frameworks, principles, and action points that guide and inform practitioners and observers about the key characteristics, behavioral patterns, and basic function of startup communities and entrepreneurialecosystems. What benefits does a strong entrepreneurialecosystem bring to a city or region?
By acknowledging the mental health struggles and fostering a culture of support, the entrepreneurialecosystem can evolve into a space where both success and well-being thrive. Andile Khumalo, founder and CEO of KhumaloCo.,
The manifesto’s six sections address policymaking, how to support and educate entrepreneurs to enable an innovation nation, the commercialisation of research, how to attract talented entrepreneurs, and how to enhance and expand our entrepreneurialecosystem on the global stage. “We
In the heart of the NC Triangle (Raleigh, Durham, Chapel Hill), where ideas take flight, a dynamic entrepreneurialecosystem thrives. Neil Bagchi, founder of Bagchi Law, PLLC, is a leader in this entrepreneurialecosystem.
The fund has already amassed a community of more than 70 founders to invest, advise and be venture partners to the portfolio companies. Jutard said the fund’s founders were all investing or mentoring companies on their own, but the new funding will enable them to structure that assistance to help hundreds of startups rather than a handful.
— Liberte Guthrie, EO Queensland, Founder of Liberte Property Encourage Women Across a Broader Range of Industries Greater support for female entrepreneurs in the early stages of their careers is essential to fostering a more gender-inclusive entrepreneurial environment.
Their successful careers underscore their dedication to championing visionary founders and groundbreaking concepts, ranging from innovative startups in logistics like ShipBob to AI pioneers like Zengines, disruptors in the beverage industry like Provi, and innovators in health and wellness like NOCD and Simple Mills.
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. This shouldn’t come as a surprise.
We have known that intuitively for years but seeing the impact in real numbers is reaffirming and provides hope for rural economies as unprecedented funding from the bipartisan Infrastructure Investment and Jobs Act rolls out to small communities across the country,” said Matt Dunne, founder and executive director, CORI.
For a growing number of entrepreneurialecosystems this catalyst is Gregslist. Back then, local tech leaders and founders thought that “Phoenix isn’t a a software tech town.” Software entrepreneurs assumed there wasn’t the infrastructure or ecosystem to support their entrepreneurial activities: No talent.
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.
From England to Bangladesh via Switzerland, we spoke to some of our fearless founders who opened an Impact Hub in 2020. Meet Kamran, Shazeeb, and Carlotta, the founders of Impact Hub Bradford, Dhaka and Ticino respectively; Q. They tell us about their journey, learnings and aspirations for a better future. Let’s start with why.
Jose Gomez is CEO and Co-founder of Fluid Power AI and is a first-time entrepreneur. The post Jose Gomez, CEO and Co-Founder of Fluid Power AI appeared first on American Entrepreneurship. Jose offers a great narrative of his funding experiences.
Arthur Tolsma , CEO and co-founder, Codean. Paul Mignot , founder and CEO, Withthegrid. Marcel Merkx , founder and CEO, CargoSnap. Jasper Voorendonk , marketer/founder, AgnostiPay. Menno Vergeer , co-founder and CEO, Redgrasp. Erik Stam , co-founder, Stichting EntrepreneurialEcosystem Observatory.
Not only are there few female partners in VC funds, we are also not doing enough to support female founders. Startups received an unprecedented amount of financial investment during the pandemic, yet female founders lost ground. However, the truth is that the industry has a low percentage of female leaders compared to other industries.
The Angel Capital Association (ACA) Summit represents a beacon for black investors, founders, and high-growth startups. This event, heralded as the industry’s flagship, convenes a diverse community of new and experienced angel investors, business leaders, and entrepreneurial minds to explore critical topics and trends in angel investing.
How Capsule is supporting young women to build thriving businesses Despite Romania’s growing startup ecosystem, women founders remain disproportionately low. Why women entrepreneurs need more support Despite Romanias growing startup ecosystem, theres a glaring gender gap in entrepreneurship. But one programme isnt enough.
This is obviously a softball question that I’ve been Asked to Answer, as I’m the Founder/CEO of Gust. Disclaimer: the author is the Founder & CEO of Gust, and therefore this answer, while completely accurate, is not disinterested. Above is a screen shot I just took of my Gust investor dashboard.
While the University of Michigan has been formally educating students on entrepreneurship for decades, the region’s entrepreneurialecosystem has notably ramped up in the last ten years and has effectively used its powerful alumni network to amplify its growth. Notably, Twilio recently became a publicly-traded corporation.
Goal 7 Sustainable Work: Develop professional recognition and resources for ecosystem builders. In a nutshell : Entrepreneurialecosystem building requires perseverance. Eric Parker, Founder and President, theClubhou.se, Augusta, GA. Ecosystem Builders need a sustainable business model. Read Mark’s spotlight.
Whether it’s our members, our partners, or our portfolio companies, HPA is committed to helping build a stronger Midwest entrepreneurialecosystem by supporting people. HPA believes world-class organizations are built by giving people the resources and opportunities to be successful.
We need educational and awareness campaigns that communicate the importance of entrepreneurship and entrepreneurialecosystem building as a means to building stronger, more resilient, and equitable economies. To increase public understanding of the role of entrepreneurship we need to educate our communities about its power and impact.
These insights from top entrepreneurs benefit EO members plus the entire entrepreneurialecosystem. Set Goals Like Google: Why OKRs Surpass Other Goal-Setting Methods for Entrepreneurs Eric Crews (EO Boston), founder and CEO of management consulting firm Crews & co., shared his preferred goal-setting methodology. “I’ve
The investor team I was part of grilled the founder to explain why. Because fees like this can sink an early-stage startup, it’s critical that founders of emerging companies know cost-effective ways to use lawyers. This will give you a good sense of how much you’ll pay and what to budget for.
Laura González-Estéfani is the founder and CEO of TheVentureCity , an international, operator-led venture acceleration model designed to make the global entrepreneurialecosystem more diverse, international and accessible to fair capital. company served as a moment of inspiration for other diverse founders around the world.
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