This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Supporting entrepreneurs and early-stage businesses is key to economic mobility, opportunity and growth. Learn how two mayors have spearheaded entrepreneurialecosystem development in their communities.
While it appears the SBA will be applying this approach to the existing SBA-funded national network such as SBDCs, SCORE and Women Business Centers, the announcement indicates a new funding opportunity will soon open for states, tribes, units of local governments and other nonprofit organizations. What is the SBA Community Navigator Model?
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. Evolve with your ecosystem. With persistence and creativity, you can look for other funding opportunities to execute your well-developed plan.
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.
That same entrepreneurial spirit will drive innovation and change in the future, reinforcing the need for entrepreneurialecosystems to support the many people who jumped into the world of entrepreneurship during the pandemic. SourceLink is here to help you support the entrepreneurs in your community.
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! It’s my first book, so this is a new feeling. It’s hard to put into words just how grateful I am for the experience.
This was the first step in building Nebraska’s entrepreneurialecosystem, but more funding was needed in order to expand the initiative statewide. Solving statewide community opportunities. Connecting entrepreneurialecosystem builders nationwide. A wealth of resources is right.
To support and accelerate this momentum, the National Entrepreneur Center (NEC) and Orange County Government have partnered with SourceLink, tapping into our consulting services, software solutions and national network to strengthen and build upon the rich tradition of collaboration the NEC and Orlando entrepreneurialecosystem have forged.
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. The campaign introduces people to the path of entrepreneurship, creates opportunity for collaboration and facilitates access to capital and other resources that are vital to entrepreneurial success.
Creating inclusive entrepreneurialecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building. Make your ecosystem adaptable. At SourceLink, we help communities build and empower entrepreneurialecosystems.
Geography does not determine success—it may surface some unique challenges, but it also gives unique opportunities. One of my favorite thought leaders, Don Macke with the e2 Entrepreneurial Communities , often talks about the fact that entrepreneurial talent is universal, but thriving entrepreneurialecosystems are not.
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.
Participants were asked to define the biggest gap in their entrepreneurialecosystem, define their objectives and then jot down six things that would move them closer to their goal. Identifying gaps, objectives and resources. SourceLink® emailed each affiliate a “Make a Plan: Take Action” worksheet a few weeks before meeting.
In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship. At SourceLink, we continued the entrepreneurialecosystem building work we’re known for while proactively developing ways to bolster this renewed wave of support.
Dynamism creates vitality and job opportunities that are key to a city’s success. What separates entrepreneurialecosystem potential from realized success is often risk tolerance. Zoning impacts everything — collaboration, economic opportunity, climate, and long-term resilience.
The success of each of the companies recognized at the event either resulted in a sale or merger or created the opportunity for the funding organizations’ original investments to be repaid and the dollars re-deployed into our community. The post Erie EntrepreneurialEcosystem Investments Fuel New Startups first appeared on BFTP/CNP.
3 Ways to Empower Your Entrepreneurial Community. Who Makes Up An EntrepreneurialEcosystem: Defining the Role of Ecosystem Player. How Mayors Can Lead the Way for EntrepreneurialEcosystem Building. Show Me the Money: How to Fund Entrepreneurship Ecosystem Building Initiatives.
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.
Access to a wide range of independent organizations providing entrepreneurial services in Boone and Winnebago counties offered the Belvidere region the opportunity to be a globally recognized hub for aspiring entrepreneurs and innovative companies. Entrepreneurialecosystem expertise.
Everything we do is centered around bringing incredible ideas and entrepreneurialecosystems to life through inspiring individuals around the world. In this role, Courtney will help in continuing to scale 500 globally and explore new opportunities.
They could be seizing upon an opportunity to make their business ownership dream a reality, exploring an idea that creates positive social change, or they may be acting out of necessity because of a change in circumstances such as the loss of a job.
I think what I am most passionate about is having the opportunity to connect my interests, my career and experience with the change I want to achieve in my community. What are you most passionate about in your work? If I could give one piece of advice, it would be not to underestimate the potential we have to create change.
Craig Hall, the writer of Boom: Bridging the Opportunity Gap to Reignite Startups , shares his view on the current state of entrepreneurship in the U.S. . I began comparing my personal experience as an entrepreneur starting my business 50 years ago to the entrepreneurialecosystem today. What prompted you to write Boom ?
systematic racism and sexism) have led to extreme differences in the opportunity to achieve the American dream of prosperity and wellbeing. The relatively novel phrase “inclusive innovation” illustrates an understanding that without intervention, opportunities for capitalizing on innovative ideas and solutions are not equally accessible.
By fostering early exposure and education about entrepreneurship and other career paths, Franc.World is paving the way for an inclusive landscape where everyone has equal opportunities to succeed. — Jenifer Clift, EO Melbourne, Director of Otto Stronger Female Networks Mentoring opportunities are less often afforded to women.
We found one of those exemplary steps in southern Virginia where the Dan River Region Entrepreneur Ecosystem recognized the need for an ecosystem coordinator and rallied their stakeholders to hire the first entrepreneurialecosystem builder for the region. River and bridges in Danville. says Alexis.
By creating spaces for genuine connection and support, we’re not just enhancing individual well-being; we’re fostering a healthier, more resilient entrepreneurialecosystem. Having an opportunity to get real about the challenges and hardships is really important.”
For many cities, a history of red-lining , unequal development, and decisions to build highways through thriving minority communities contributed in significant ways to disparities in wealth and access to opportunities in our neighborhoods. Franklin County, Forward Cities. For me, this hits even closer to home.
Don Macke – Senior Vice President, e2 EntrepreneurialEcosystems. The growing momentum around entrepreneurship-led economic development presents opportunities to bridge gaps, reinvigorate economies and drive more equitable outcomes, not just here in the United States, but across the world. Rob Williams – Director, SourceLink.
Last week’s Forward Cities conference in Pittsburgh highlighted the need for equity and inclusion in the entrepreneurialecosystem. I came away with a greater respect for the very real health and opportunity barriers faced by so many people in our communities and thinking about the implications of those barriers on the work I do.”.
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. Between being a husband and a father, I get ample opportunity to engage in activities outside of managing a business.
A leading voice in the entrepreneurialecosystem, EO will support GES 2016 by fostering personal and professional development through special mentorship and networking sessions, which are designed to educate, inspire and encourage innovation in youth, women and early-stage entrepreneurs.
The Rise of the Rest mission is about leveling the playing field for everybody and, in the process, creating opportunities and jobs for all. This book shares a vision for a more inclusive and innovative entrepreneurial landscape and provides a hopeful perspective on the future of America.
There is a better way, and many of us know it—entrepreneurialecosystem building. But ecosystem building still hasn’t gone mainstream—it’s a mostly unknown approach to economic development. In a nutshell: A thriving entrepreneurialecosystem is championed by leaders throughout the community.
These insights from top entrepreneurs benefit EO members plus the entire entrepreneurialecosystem. By streamlining processes and defining roles and responsibilities for greater accountability, increased profitability opportunities become visible and provide the potential for exponential growth.”
Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurialecosystem builders. Kate Jackson, an ecosystem builder in the Chicago area, described the ‘why’ of this beautifully. That’s the only way we are going to make our ecosystems equitable and resilient.”.
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.
Ecosystem builders exist in a variety of places, such as communities, organizations, industries, etc. What ecosystem building skill/knowledge do you want to gain? Formal development opportunities around facilitation, communities of practice, and leadership are of interest. ”(Startup Champions Network).
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.
For many cities, a history of red-lining , unequal development, and decisions to build highways through thriving minority communities contributed in significant ways to disparities in wealth and access to opportunities in our neighborhoods. FRANKLIN COUNTY, FORWARD CITIES. For me, this hits even closer to home.
Our work could not be done without the tireless efforts of the volunteers and professional staff that serve the entrepreneurialecosystem. We are delighted to provide this complimentary resource courtesy to community ecosystem builders to assist you in the planning and implementation of a new community angel fund or network.
Like all entrepreneurs, he looks for and takes advantage of opportunities while managing risk. Good government policy and having a national multi-partisan entrepreneurial road map are both important for the success of budding entrepreneurs, Moskovitz says.
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.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content