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“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. They understand it from a general sense.
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community. Anyone can build a coworkingspace, but it''s a lot harder to attract and curate a set of folks that makes me want to move into that space.
Some key organizations that fill the needs of startups which you should seek out and invite into your network include: The public library , a vital and often overlooked resource for free access to business databases, education, equipment and internet access. Go beyond a quick impersonal referral.
In an ecosystem, there should be multiple ESOs, coworkingspaces, incubators/accelerators, investors, etc.communicating about the resources they have to support entrepreneurs. While I understand competition, the goal is to be working together to provide an ecosystem with all the resources necessary for a startup to start and grow.
Louis region find data for their groups, done some work for the NCRD (National Center for Resource Development) – helping them put together lists of resources and contacts, helped Startup Champions Network search for grants, and worked with different entrepreneur support organizations in St. Kim Louis’ Experiences. “I
As an emerging field that is challenging the status quo of entrepreneurship in economicdevelopment, ecosystem builders are bound to run into obstacles along the way which – if repeated and consistent – make us want to pull our hair out. The startup world asks founders to disrupt their industries with data.
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