Entrepreneurship Ecosystems

The key to economic prosperity and job creation

World Needs Entrepreneurs

The world needs entrepreneurs.

Entrepreneurs solve problems, drive innovation, stimulate economic growth through job and wealth creation.

The world is shifting.

We are at a turning point in history, a new economic era, with massive uncertainty and tremendous opportunity.

Local Entrepreneurship Ecosystems are the key to success.

  • We understand the pieces to educate, finance, regulate, inspire, and lead entrepreneurs, but we haven’t put the pieces together holistically.
  • Entrepreneurs need local support through champions and conveners who can build, organize, connect, and promote the ecosystem.
  • An ecosystem should create a flow of talent, information, and resources to address each stage from ideation and launch to growth and scaling.
“We need to set more aggressive ecosystem development goals, 20%-30% momentum per year is not enough…the very nature of our future may depend on it.”

The Entrepreneurship Ecosystem Model

A local flow of talent, information, and resources to address each stage from ideation and launch to growth and scaling.

The Local and Global Ecosystem Model

Leadership & Policy

Leadership and Policy provides strategy and legitimacy to entrepreneurs and the entrepreneurship ecosystem through promotion and support, problem solving and venture friendly legislation and incentives.

Finances

Finance provides the fuel for early stage and growth oriented startups and growth of the entrepreneurship ecosystem through access to micro loans, angel investors, and venture capital. Support is needed for capital raise preparation and pitch opportunities.

Markets

Markets and market access provides opportunities for proof of concept, sales and distribution.  Customers include both domestic and foreign markets, companies large and small, and government contracts.

Culture & Media

Culture beliefs influence acceptance and promotion of entrepreneurs and the entrepreneurship ecosystem. Success stories and role models should be promoted by influential leaders through media and social media channels.

Human Capital

Human Capital in the form of experienced managerial and technical talent is required to ensure entrepreneurial success. Training institutions and outsourcing support should respond to growing needs for skills in the marketplace.

Support Services

Support Systems should include a wide range of support infrastructure (energy, telecom, transport) and entrepreneurship networks and networking platforms and events. Experienced coaches and mentors and professional support services help ensure success.

In the next 10 years, we’ll be launching 500 local ecosystems.