Accelerators and economic development: is there a fit?

Carol Lauffer

When designing an accelerator, economic developers face the question: Should access be strictly limited to entrepreneurs residing within our community or region, or be open to anyone regardless of his or her geographic location? Thus, the conundrum for economic developers: should you place geographic restrictions on applicants, or not? Of course, they are venture or investment driven models, not economic development driven.

Strategies to sustain your entrepreneurial ecosystem

Source Link

While it might be tempting to jump right in, it’s important to take the time to evaluate successful outcomes and develop a strategy to achieve your goals. There are significant government dollars available for economic recovery right now.

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Revitalizing Your Resource Partner Network

Source Link

There’s a lot to be optimistic about for entrepreneurship-led economic development. How can we develop trust and invite them into the conversation? We all feel more engaged and committed when we develop personal connections and build trust.

Celebrating 2021 Accomplishments and Looking Ahead to New Opportunities

Angel Capital Association

The DEI Task Force has developed and published a formal ACA DEI Policy and set its strategic goals for 2022. The Angel Funders Report is based on direct investment data solicited from all ACA member groups.

Professional development for tomorrow’s ecosystem builders

Ecosystem Builder Hub

Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. What we found through our research are three essential areas to foster the professional and personal development of entrepreneurial ecosystem builders: Justifying and valuing their work: Building the business case for inclusive ecosystem building through fieldwide metrics .

The Glue that Makes a Community Stick

This is going to be BIG.

What was harder to figure out how to do--and something no one ever really thinks about on the economic development side, is community. These folks could become clients, funders, or good places to connect and work over the long term. If I were building an innovation community, either via a government economic development arm or some non-profit endeavor, I would pick out an initial group of 25 people who represented the future of innovation happening around my community.

Practical Metrics and Methods: ESHIP Goal 5 – Part 1

Ecosystem Builder Hub

Practical Metrics and Methods (Practitioner Edition): Identify and develop better metrics and methods for ecosystem building. I asked them to treat me like a funder. This is aligned with economic cycles and shows what’s been building over-time.

Investing in Capacity Building: The Overhead Pledge

EntreWorks Consulting

Folks in the business of community building know the story when it comes to outside funders. Starved for funds, grantees can’t invest in retaining talent, training people, developing new skills, and maintaining an experience base about what works in the field. We constantly claim that leadership matters in economic development, yet we often fail to invest in the building blocks for effective leadership.

Helping entrepreneurs to commercialize technology

Carol Lauffer

In an incubator programs, the process is individualized, with a plan developed for each client tailored to its individual needs. Mentors and staff coach the entrepreneurs through the process, and make introductions to funders, legal, and other resources, as needed. Accelerators and incubators can be very effective at helping entrepreneurs to commercialize technology. It starts with having the right process. Assessment is the first step.

Access is critical for women entrepreneurs

Carol Lauffer

How can economic developers help women entrepreneurs to gain access to equity capital that will help their firms to grow, create jobs, and generate wealth in the community? Before an entrepreneur can contact a prospective funder, she must have a strong business model, knowledge of the capital raising process, and a solid pitch. Access is the biggest barrier to the success of women-led growth companies. One particular challenge is access to equity capital.

A Future Worth Creating: Fiscal Year Recap and Vision for Tomorrow

Angel Capital Association

We’ve developed targeted programming and outreach, partnering with strong female- and minority-led investment groups to continue moving the needle on diversity and inclusion in angel investing. We are looking forward to meeting face-to-face again at ACA 2022: The Summit of Angel Investing in Atlantic City, New Jersey, in May, with an expanded Innovation Funders Showcase. We can play a major role in developing the transformational technology that moves society forward.

VC meets the land of opportunity

TechCrunch

She is also the co-founder of Build In SE , a community of founders, funders and ecosystem partners committed to company building in the Southeast (#BuildInSE). Image Credits: Nashville 2018 Regional Economic Development Guide. Monique Villa. Contributor. Share on Twitter.

Free money for your impact tech startup

David Teten VC

We take tech experts, teach them the policy process through an in-residence fellowship program in the Bay Area, and encourage them to develop outside-the-box solutions to society’s problems. Their foci include addressing environmental sustainability, racial and gender equity, economic development concerns, etc. National Economic Impacts from the DOD SBIR/STTR Program. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!

Free money for your impact tech startup

David Teten VC

We take tech experts, teach them the policy process through an in-residence fellowship program in the Bay Area, and encourage them to develop outside-the-box solutions to society’s problems. Their foci include addressing environmental sustainability, racial and gender equity, economic development concerns, etc. Singer Foundation is offering support for young professionals looking to develop intellectually-driven, public policy and community-focused projects.