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As we foster the development of entrepreneurialecosystems, it’s important to design them to level the playing field for women. Despite the growth in women-owned businesses, venture capital is still funneled to mostly male-owned businesses. of venture capital funds went to women-owned businesses in the U.S.
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.
However, microbusiness owners need access to the information, expertise, and capital to grow and succeed.”. In 2021, among SourceLink’s network of statewide affiliates, we have seen a 20% jump in the number of entrepreneurs accessing digital resources compared to the same period in 2020. Then, funding—how to pay the employees.
One way to do this is by engaging in Global Entrepreneurship Week , an annual initiative hosted by the Global Entrepreneurship Network that features 35,000 events across 125 countries with the goal of celebrating and empowering entrepreneurs in every community around the world—especially those who face systemic barriers.
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. In the e2 EntrepreneurialEcosystems thought paper Why Entrepreneurship? Population, though 97% of U.S.
If you’re feeling like your entrepreneurialecosystem engagement has been dormant, you’re not alone. During the pandemic, many ecosystem builders have felt challenged maintaining meaningful engagement with their network. Do you know how your network prefers to engage—in person, virtual or hybrid?
Held at the AT&T Performing Arts Center, the 2025 Good Soil Forum continues to serve as a transformative platform that offers not just ideas, but real tools, capital, and community for entrepreneursespecially those from historically underserved backgrounds. Jakes Group and Founder of the Good Soil Movement.
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. What separates entrepreneurialecosystem potential from realized success is often risk tolerance. Collaboration is the hardest, but arguably the most important.
The YLAI Network team asked Victor a few questions about his strong commitment to justice and his dedication to never letting anyone or anything stop him from doing what is right. Hence the importance of networking, of taking advantage of connections and strategic alliances to the maximum in order to go beyond our own expectations.
As an example, only 3 percent of venture capital funding went to all-female-founded startups in 2022. — Jenifer Clift, EO Melbourne, Director of Otto Stronger Female Networks Mentoring opportunities are less often afforded to women.
Since first investing in Oklahoma startups in 1999, i2E, and now its independent Venture Capital Fund management partner, Plains Ventures, have managed numerous early-stage debt and equity investment funds, making 452 investments in more than 250 companies. Selexys Pharmaceuticals was acquired by Novartis for $665 million in October 2016.
I am a professor in entrepreneurship and educate students to this reflection and contribute to the development of an entrepreneurial culture and mindset. I do research on entrepreneurialecosystems to further understand their composition and provide findings that may help build resilient and sustainable ecosystems.
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. Defining long-term success in ecosystem building.
Practical Metrics and Methods (Practitioner Edition): Identify and develop better metrics and methods for ecosystem building. In a nutshell : There are many metrics and methods in use in entrepreneurialecosystem building, but they are not all widely adopted. In fact, many approaches are still emerging.
Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurialecosystem builders. It is incumbent upon those of us working to build vibrant entrepreneurialecosystems to put inclusion front and center, at the heart of everything we do. It is the whole thought.
These insights from top entrepreneurs benefit EO members plus the entire entrepreneurialecosystem. Tal shared what he learned from his first-ever round of raising startup capital. Having people from your network bet on you with an angel investment is like motivational rocket fuel.” Insights Learned From Raising $1.5
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. But Bagchi Law goes beyond traditional legal counsel.
The ESHIP Communities program is a community-driven approach for building entrepreneurialecosystems that foster inclusion, relationships, collaboration, and social capital across networks of entrepreneurs and those who support them. Edgar is one of the founding members of our ESHIP Communities Council in Kansas City.
Don Macke – Senior Vice President, e2 EntrepreneurialEcosystems. Access to capital via local banks, gap financing, or even high net worth families (LLCs as equity investors i.e. buy the building and lease back to businesses) can be a huge accelerator in rural areas. Nicole LaChapelle – Mayor, Easthampton, MA. Nathan Ohle.
As the recipients of less than 1% of venture capital raise, institutionalized systems are visibly at play. Within almost 10 years of my entrepreneurial journey, I have encountered just as many setbacks and failures as I have successes. Early on in my career, I learned about venture capital from my experiences working for a startup.
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.
MVE-Lab equips participants to identify their target customers, network with others, and find the resources they need to launch profitably and successfully. In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program.
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.
During my career — spanning entrepreneurship, academia, arts management and venture capital — I’ve learned the importance of female leadership in contributing to successful outcomes. A key tenant of the Design Thinking and Lean Startup methods — which have served entrepreneurialecosystems well — is to lead with action.
“Their dedication and ingenuity exemplify the vibrant entrepreneurialecosystem thriving in our community.” For nearly 40 years, Ben Franklin has been providing investment capital, business support services, and operational assistance to emerging tech startups and small manufacturers.
For a growing number of entrepreneurialecosystems this catalyst is Gregslist. Software entrepreneurs assumed there wasn’t the infrastructure or ecosystem to support their entrepreneurial activities: No talent. No colleagues, no customers and no capital. Gregslist – The Unexpected Catalyst?
The Startup Community Way: Evolving an EntrepreneurialEcosystem is essential reading for entrepreneurs, community leaders, policymakers, and other key stakeholders looking to entrepreneurship as an engine of innovation and economic growth. Recognize there is more than one type of capital. are increasingly valuable.
Philadelphia, Pennsylvania – (February 7, 2023) Keiretsu Forum, a global network of angel investors, is exploring an expansion into the Texas startup ecosystem. Keiretsu Forum today is a worldwide network of capital, resources, and deal flow with 50+ chapters on four continents.
At Forward Cities we are working with a growing number of communities to foster cross-sector teams committed to strengthening their equitable entrepreneurialecosystems.
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.
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. More posts by this contributor.
By: Sarah Dickey, ACA Membership Director Groundbreaking economist, author, investor, and entrepreneur is honored with the Angel Capital Association’s Hans Severiens Award While performing the research that culminated in her book, The Next Wave: Financing and Investing Strategies for Growth-Oriented Women Entrepreneurs , Alicia Robb, Ph.D.,
As entrepreneurialecosystem builders, we’re united in our belief in the impact of entrepreneurship and entrepreneurialecosystem building as a strategy to build, and now rebuild, economies. It’s a common core value that distinguishes ecosystem builders. So be a voice for the voiceless starters.
Fundraising and securities law compliance: Your capital raises from investors require securities laws compliance. Ask your network for referrals and research before hiring Before hiring a lawyer, ask other entrepreneurs, your board and advisers for referrals to prospective attorneys.
With over 100 communities of impact-driven entrepreneurs in more than 55 countries and running more than 200 programs annually, Impact Hub is a key part of entrepreneurialecosystems the world over. It is also co mmitted to the long-term future and advancing new models of change for a more inclusive, equitable and sustainable world.
the capital of Ohio, and one of the most economically segregated cities in the country. One of the unique things about the work of Forward Cities is the placed-based focus of the entrepreneurialecosystem-building work. Franklin County, Forward Cities.
These insights from top entrepreneurs benefit EO members plus the entire entrepreneurialecosystem. Tal shared what he learned from his first-ever round of raising startup capital. Having people from your network bet on you with an angel investment is like motivational rocket fuel.” Insights Learned From Raising $1.5
The ESHIP Communities program is a community-driven approach for building entrepreneurialecosystems that foster inclusion, relationships, collaboration, and social capital across networks of entrepreneurs and those who support them. Gerald is one of the founding members of our ESHIP Communities Council in Kansas City.
Our work could not be done without the tireless efforts of the volunteers and professional staff that serve the entrepreneurialecosystem. The National Science Foundation Awarded a major grant to connect early stage capital to DeepTech innovations. Identify like-minded investors.
The youngest one we sent was Mitchell Johnson, the past president of Code Network. He had just turned 18 which was fantastic but he did some great work with Code Network and?—?I’ve Graham (in the Code Network shirt) and the Community Leaders 2018 mission crew visit 500 Startups. Stuff at the Capital? I’ve got to say?—?after
The Women in Entrepreneurship Incubator, in recognition of the challenges faced by female entrepreneurs in Southeast Asia, aims to bridge the gap in mentorship, networking opportunities, and funding. TThe Incubator aims to cultivate a more inclusive entrepreneurialecosystem by offering tailored support and resources to women-led startups.
The top consists of leaders and managers who oversee institutions, access large networks, control knowledge, and possess built-in social capital. In successful ecosystems, people find ways to overcome parochial differences and build diverse networks of mutually advantageous relationships. Format: Fireside Chats.
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