Launch an Entrepreneurship Ecosystem
Though a Venture Hub Studio
Though a Venture Hub Studio
A study by the McKinsey Global Institute estimates 800M jobs will be lost to automation by 2030. Covid 19 accelerated the loss and challenged fundamental beliefs about launching and growing a business. With 100M startups being founded every year and just as many failing, it is imperative that entrepreneurs are equipped for every stage of the journey (ideation, launch, growth, scaling, capital raise, and exit) and connected to local entrepreneurship ecosystems where vital resources and support are easily accessible.
The Venture Hub Studio (VHS) is a rapidly scalable, reproducible model of a self-sustainable, strategically located, and outfitted facility providing a focal point for the entrepreneurship ecosystem needed to drive local economic growth and development and create jobs.
City Leadership Teams seldom collaborate and engage successful business leaders to solve critical community-based issues like economic development and job creation. Entrepreneurs are typically not well equipped to create sustainable, profitable, scalable, and investable grade companies, and they don’t know how to raise capital. Local coaches and educators need the skills and tools to equip the entrepreneurs at a world class level. And sophisticated Investors are looking for equipped and vetted (investable grade) business investment opportunities.
The Venture Hub Studio (VHS) will equip, support, and connect a local C Level executive leadership team, coaches and educators, startup and growth entrepreneurs, and sophisticated investors all in one facility. This community-based entrepreneurship ecosystem will stimulate the local economy, create jobs, reduce unemployment, and bring social stability and prosperity.
The VHS is championed by a City Leadership Team seeking bottom line growth across multiple dimensions including economic growth, job creation, social stability, environmental impact and unlocking and engaging the resources and potential of local entrepreneurs and investors. The Leadership Team should have successful local business leaders, investors, companies, and social impact groups involved. The initial focus should be in cities where philanthropic funding is available for the 2-year VHS launch to self-sustainability and where there is a strong public/private partnership to engage and support the effort.
Venture Hub Studio (VHS) features and functions include assessments and core competency gap identification for companies, investors, and coaches; targeted micro-learning online videos; practical application tools; coaching support and comprehensive curriculum packages; a suite of courses for equipping investable grade companies, coaches, and investors; pitch preparation and presentation opportunities; and scalable staff on demand services including C Level oversight, legal, financial, branding/marketing, website development, and IT.
City Leadership Teams can expect measurable, community-wide multiple bottom line impact along with 2x economic growth, 2x job creation, unemployment reduction, and social stability and prosperity. They can expect to successfully integrate the business focus with community development needs by implementing proven ecosystem development methodologies that provide real solutions to real problems through a self-sustainable ecosystem hub facility.
Companies involved can expect a 90% success rate over 5 years, a 90% success rate for a capital raise (if investment ready), maximum revenue generation in the shortest time frame, maximum valuation and multiples on exit, and a 100% increase in critical decision-making confidence.
Investors can expect a good rate of return, more investments succeeding at a higher level, reduced time lost finding vetted opportunities and investing in poorly run companies, and a reduction in anxiety over potential failure of troubled business investments
Coaches and educators can expect comprehensive coaching curriculum packages to provide world class equipping (MIT, Growth Institute, etc.) for entrepreneurs and companies.
Eship Global is uniquely qualified to provide this offering because of our extensive core team experience with 150+ business startup/growth initiatives, work in 100+ countries, $800M+ in capital raises and a financial services company, 35+ years of business training, coaching, and consulting, and the design and launch of multiple local to global decentralized, viral growth networks and ecosystems.
In addition to team experience, additional capabilities include Eship Global’s:
Launching an early stage ecosystem in an emerging market will always require philanthropic funding for 2-3 years. The Venture Hub Studio model is designed for self-sustainability in year 3.
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