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Startup Community Alchemy: A Model for Building An Entrepreneurial Ecosytem

Date post: 04-Dec-2014
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This model is a work-in-progress being developed to help formulate a model to implement real world strategies towards growing an entrepreneurial ecosystem/community in a place not necessarily known for such things. It is based on research and real world success in New Orleans, Omaha, Kansas City, Boulder, Nashville and Des Moines and is currently being lab tested in the Cedar Rapids/Iowa City region of Iowa. It is meant to be a broad based model that can be used to implement location-specific solutions that takes into account local resources and conditions in the particular city. Feedback, constructive criticism and comments are welcome and encouraged. We are available to present, share or discuss this at your event, organization, conference or individually. Please feel free to contact us. Andy Stoll Co-Founder, Seed Here Studio [email protected] You can find more information on this topic at www.andystoll.net/startupculture and by reading Brad Feld's book Startup Communities.
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The movement must be centered around and led by entrepreneurs, so first, gather the entrepreneurs & begin to connect them amongst themselves. Encourage entities to contribute resources to the movement, by building & tightening the social fabric around the entrepreneurs & amongst exisiting entities. (Social fabric, by its nature, CAN be open, non-exclusive, organic & limitless.) The social fabric must grow organically. The effort does NOT create a new entity (no new circles), so everyone gets to keep their identity & circles of influence. A thriving “community” is built over a long period of time by small FORMAL & INFORMAL groups of excited people, organized around local ideas & issues (meetups, angel funds, coworking spaces, accelerators, startups), that also build the social fabric around and amongst the entrepreneurs and the people that support them. creating a grassroots community & culture of entrepreneurship + creativity + innovation startup community alchemy Connect Resources Mix (Entities should focus on THREE strategies to build the social fabric) Build (Entrepreneurial Infrastructure) CVB economic devlpmnt schools established company media entrep center $$$ creatives Joe youmg profs social venue startup incubator/ tech transfer regional entrep ecosystem national/world entrep ecosystem attorney identify participate & connect highlight & celebrate current and emerging entrepreneurs (help people identify as entrepreneurs & realize they are not alone) promote grow positive public opinion, desire & understanding of a high-growth entrepreneurial & creative community { highlight existing events & experiment with new creative opportunities that mix people (both offline & online) in an attempt to“engineer” serendipitous connections between ideas, people and resources $ create processes to attract, retain & develop... (ideas) (talent) (quality of life) (support services) higher education K-12 schools conferences skills training internships mentoring build better teams information sharing pitch sessions mentoring incubators/accelerators opportunity for spin-offs research parks tech transfer authentic culture public transportation arts & culture distinct neighborhoods vibrant social scene green public spaces easy commutes good schools low cost of living professional services creative services healthy legal systems angel & venture capital innovations centers technology resources coworking spaces incubators/accelerators Throughout the process we must TELL A STORY & CREATE CONVERSATIONS that share a “positive vision focusing on the opportunities of the future,” not rehashing the problems and limitation of the past. orange = social fabric Created by Seed Here Studio, Cedar Rapids/Iowa City, Iowa This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 This model builds upon the work and input of Robert Putnam, Richard Florida, Peter Block, Sarah Lacy, Steven Johnson, Jeff Slobotski, Dusty Davidson, Steve Blank, Silicon Prairie News, Robbie Vitrano, Tim Williamson, Chris Schultz, Idea Village NOLA, Tom Chapman, Nick Seguin, The Radlhauptstadt München Campaign, Brad Feld, Scott Case, Michael Burcham, the James Gang and many others... (Focus on building the social fabric) (entities & their circle of influence) V17 workforce dvlpmnt Funnel Want-repreneurs to Entrepreneurs 1 2 3 4 artist it can not be made by‘decree’ { { opportunities to try incubators/accelerators mentoring & coaching incentivize leaping access to people & $$$ bunch of people with ideas and resources people with businesses Mary ENTREP ENTREP ENTREP ENTREP ENTREP ENTREP ENTREP ENTREP City of arts 5 inspiration Brad Feld’s Principles of a Vibrant Startup Community Cultivate a Culture of laying a brick-by-brick foundation to connect and grow a successful high-growth entrepreneurial ecosystem Send feedback and thoughts to [email protected] 1) Led by entrepreneurs 2) Has a long term commitment (20 years from today) 3) Fosters a philosophy of inclusiveness 4) Engages the entire entrepreneurial stack SOURCE: Startup Communities: Building an Entrepreneurial Ecosystem in Your City by Brad Feld (Wiley) - Collaboration - Introduction - Invitation - Risk-Taking - Mentoring PRODUCED BY
Transcript
Page 1: Startup Community Alchemy: A Model for Building An Entrepreneurial Ecosytem

The movement must be centered around and led by entrepreneurs, sofirst, gather the entrepreneurs & begin to connect them amongst themselves.

Encourage entities to contribute resources to the movement, by building & tightening the social fabric around the entrepreneurs & amongst exisiting entities. (Social fabric, by its nature, CAN be open, non-exclusive, organic & limitless.)

The social fabric must grow organically.

The effort does NOT create a new entity (no new circles), so everyone gets to keep their identity & circles of influence.

A thriving “community” is built over a long period of time by small FORMAL & INFORMAL groups of excited people, organized around local ideas & issues (meetups, angel funds, coworking spaces, accelerators, startups), that also build the social fabric around and amongst the entrepreneurs and the people that support them.

creating a grassroots community & culture of entrepreneurship + creativity + innovation

startup community alchemy

Connect Resources Mix(Entities should focus on THREE

strategies to build the social fabric)

Build(Entrepreneurial Infrastructure)

CVB

economicdevlpmnt

schools

establishedcompany

media

entrepcenter

$$$

creatives

Joe

youmgprofs

socialvenue

startup

incubator/tech transfer

regional entrepecosystem

national/worldentrep

ecosystem

attorney

identify

participate& connect

highlight & celebrate current and emerging entrepreneurs (help people identify as entrepreneurs & realize they are not alone)

promotegrow positive public opinion, desire & understanding of a high-growth entrepreneurial & creative community

{highlight existing events &

experiment with new creative opportunities that mix people (both

offline & online) in an attempt to“engineer” serendipitous connections between ideas, people and resources

$

create processes to attract, retain & develop...

(ideas)(talent)

(quality of life)(support services)

higher education K-12 schoolsconferencesskills traininginternshipsmentoringbuild better teams

information sharingpitch sessionsmentoringincubators/acceleratorsopportunity for spin-offsresearch parkstech transfer

authentic culturepublic transportationarts & culturedistinct neighborhoodsvibrant social scenegreen public spaces easy commutes good schoolslow cost of living

professional servicescreative serviceshealthy legal systemsangel & venture capitalinnovations centerstechnology resourcescoworking spacesincubators/accelerators

Throughout the process we must TELL A STORY & CREATE CONVERSATIONS that share a “positive vision focusing on the opportunities of the future,” not rehashing the problems and limitation of the past.

orange = social fabric

Created by Seed Here Studio, Cedar Rapids/Iowa City, IowaThis work is licensed under a Creative Commons Attribution-NonCommercial 3.0

This model builds upon the work and input of Robert Putnam, Richard Florida, Peter Block, Sarah Lacy,

Steven Johnson, Jeff Slobotski, Dusty Davidson, Steve Blank, Silicon Prairie News, Robbie Vitrano, Tim

Williamson, Chris Schultz, Idea Village NOLA, Tom Chapman, Nick Seguin, The Radlhauptstadt München Campaign, Brad Feld, Scott Case, Michael Burcham,

the James Gang and many others...

(Focus on building the social fabric)

(entities & their circle of influence)

V17

workforcedvlpmnt

Funnel Want-repreneurs to Entrepreneurs

1

2

34

artist

it can not bemade by‘decree’

{ {

opportunities to try

incubators/accelerators

mentoring & coaching

incentivize leaping

access to people & $$$

bunch of people with ideas and resources

people with businesses

Mary

ENTREP

ENTREPENTREP

ENTREPENTREP

ENTREPENTREP

ENTREP

City of arts

5

inspiration

Brad Feld’s Principles of a Vibrant Startup Community Cultivate a Culture of

laying a brick-by-brick foundation to connect and grow a successful high-growth entrepreneurial ecosystem

Send feedback and thoughts to [email protected]

1) Led by entrepreneurs2) Has a long term commitment (20 years from today)3) Fosters a philosophy of inclusiveness4) Engages the entire entrepreneurial stack SOURCE: Startup Communities: Building an Entrepreneurial Ecosystem in Your City by Brad Feld (Wiley)

- Collaboration - Introduction - Invitation - Risk-Taking - Mentoring

PRODUCED BY

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