The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Everyone is excited when a new company gets funded in their ecosystem, but no one spends much time thinking about where the money comes from to fund that deal. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

Growing a Startup Ecosystem in Louisville, KY

TechStars

Techstars, the worldwide network that helps entrepreneurs succeed, and the Louisville Entrepreneurship Acceleration Partnership (LEAP) together announce the launch of the Techstars Startup Ecosystem Development program in Louisville, Kentucky. We have been working in Louisville over the past three months to learn as much as possible about the community’s entrepreneurial ecosystem through stakeholder interviews and surveys as well as extensive secondary research.

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The Future of Startup Ecosystems Across the Globe

500

This year we dove headfirst into the rise of corporate venture capital, the changing nature of venture capital education, and the important task of startup ecosystem building. The post The Future of Startup Ecosystems Across the Globe appeared first on 500 Startups. All International Investor Education corporate venture capital CVC global ecosystems international founders venture capital venture capital investing Venture Capital Unlocked

Troy Henikoff on how #GiveFirst grew the Chicago startup ecosystem

TechStars

How does a startup ecosystem grow? Troy Henikoff , Managing Director of MATH Ventures and Co-founder of Excelerate Labs, which became Techstars Chicago, remembers the early days of Chicago’s startup ecosystem, and how #GiveFirst helped it grow. Brad said, “You’ve got all this activity in the ecosystem, with 1871 and more, and we really want to have a presence here for Techstars, but we don’t want to compete with you.

Building a Better Startup Ecosystem: Strategies for Success

Venture Well

We highlight ways to establish and sustain a healthy startup ecosystem, from coordinating regional assets to accessing capital. The post Building a Better Startup Ecosystem: Strategies for Success appeared first on VentureWell. I&E Ecosystems early stage innovator startup

the role universities play in startup ecosystem development

Venture Well

We explore the role universities play in regional ecosystem development, and how they can help level the playing field for all entrepreneurs. The post the role universities play in startup ecosystem development appeared first on VentureWell. I&E Ecosystems Faculty inclusive entrepreneurship

Techstars and 43North Partner to Grow Entrepreneurial Ecosystem in Buffalo

TechStars

Buffalo, NY — January 31, 2019 — Techstars , the worldwide network that helps entrepreneurs succeed, and 43North , New York State’s startup competition that invests $5 million annually to attract and cultivate startups in Buffalo, NY, are partnering on a multi-year program to further develop and scale the Western New York entrepreneurial ecosystem. In addition, Techstars announces the formal launch of the Techstars Startup Ecosystem Development program.

Will Zoom Apps be the next hot startup platform?

TechCrunch

When Zoom announced Zapps last month — the name has since been wisely changed to Zoom Apps — VC Twitter immediately began speculating that Zoom could make the leap from successful video conferencing service to becoming a launching pad for startup innovation.

How Will Beneficial Ownership and Blue Sky Fees Legislation Impact the Startup Ecosystem?

Angel Capital Association

If these startups don’t comply, they face substantial fines and potential jail time. By: Pat Gouhin, Chief Executive Officer One of the fundamentals pillars of the Angel Capital Association is protecting and advocating for the rights of angel investors and the entrepreneurs they support.

[OurCrowd CEO Jon Medved in Cleaveland Jewish News] Tech giants tell Jerusalem Day narrative of the capital’s thriving startup ecosystem

OurCrowd

The post [OurCrowd CEO Jon Medved in Cleaveland Jewish News] Tech giants tell Jerusalem Day narrative of the capital’s thriving startup ecosystem appeared first on OurCrowd. OurCrowd founder and CEO Jon Medved related that Jerusalem is so much “in the trend” of global innovation that it has “moved into its rightful slot as a major part of Israel’s, and onto the world’s, tech scene.”. Read more here.

Startup Ecosystem Report : Boston vs rest of the world

Fred Destin

The good folks at Startup Genome continue to produce data where none existed. After their first effort (the phenomenally useful Startup Genome Data) they are back with a systematic analysis of startup ecosystems around the globe. Unsurprisingly perhaps the findings on Boston point towards an earnest attitude to building real businesses with real revenues : Boston startups review metrics more often than SV. Boston Startups boston ecosystem startup

The Expanding World of Accelerators

Gust

Many of the globe’s most well-known and disruptive startups were propelled from the hallways of legendary accelerators such as Y Combinator, TechStars, and 500 Startups. AirBnb, Dropbox, Zenefits, Stripe, DigitalOcean, Heroku, Optimizely, Intercom, Reddit, and hundreds of other startup success stories were all briskly brought to life. The Startup EcosystemIn some ways, it is now difficult to imagine a world without accelerators.

Give First Wherever You Go: One Founder’s Journey from Mexico to Detroit

TechStars

René Pons, co-founder of PPAP Manager, has founded a company in Mexico, run Techstars Startup Weekends across Central America, and gotten into Techstars Detroit. Everywhere he goes, René Gives First and strengthens the startup ecosystem. . The Detroit startup ecosystem is strengthening and expanding, and becoming ever more appealing to startup founders from around the world. . How Startup Ecosystems Grow.

The Compare Game For Startup Community Leaders

TechStars

I find that that the same compare game is weaseling itself back into my soul as I work with startup communities around the world. We have all seen this in the rankings of various startup communities. One of my mantras is this: Startup communities are like children—they should never be compared. Startup community building is a nuanced game with a thousand small actions that hopefully conspire to create an environment where great things can happen.

500 Around the World: Takeaways from the Sberbank-500 Accelerator

500

If 500 has learned one thing from investing in over 75 countries, it’s the importance of placing bets in all the right founders and helping build ecosystems for them to thrive in. One of these often-overlooked regions is Russia, which despite challenges, has a booming tech and startup ecosystem. Thirty hand-selected startups took. The post 500 Around the World: Takeaways from the Sberbank-500 Accelerator appeared first on 500 Startups.

Techstars Alumni Can Apply to the $5 Million 43North Startup Competition for Free

TechStars

The startup ecosystem in Buffalo, NY is on the rise. Today, Buffalo has more startups than ever, as well as a growing community of enthusiastic startup employees, customers, suppliers, mentors, and storytellers, all supporting this groundswell of entrepreneurial activity—more than Buffalo has seen in generations. All this made Buffalo the perfect city to launch our inaugural Techstars Startup Ecosystem Development Program—and made 43North the perfect partner. .

The Startup Community Way

A VC: Musings of a VC in NYC

My friend Brad Feld has updated his excellent book on startup ecosystems called Startup Communities. The updated and expanded book is called The Startup Community Way and it is available for pre-order on Amazon. This suggests to me that we will see tech entrepreneurship and innovation move even more broadly around the US and around the world this decade and The Startup Community Way can be a playbook for how to make that happen.

How To Grow Your Economy. Build It, Don’t Buy It!

Ecosystem Builder Hub

Building Startup Communities is the Way to Economic Growth and Recovery. We need to shi f t our economic development strategies to startup community building, (also referred to as entrepreneurial ecosystem building), as the primary approach to rebuilding our cities’ economies.

Pittsburgh: A City Fueled By a Culture of Innovation and Community

GAN

It was the first of five trips we’re making around the world where accelerators, corporate partners, and startups come together around one purpose: Helping startups who are operating in unique places around the world (“everywhere else” places—the cities that might not be considered major tech hubs) gain more momentum, wherever they call home. ” “There is always time to help out a startup founder.”

Gregslist – The Strange Attractor

Ecosystem Builder Hub

Igniting Startup Ecosystems. What ignites a startup ecosystem? Thriving startup ecosystems are good for the economy, good for society, and good for pretty much everyone. But ecosystem building is hard.

How to Replicate Amazon’s Success in Rising Cities

Revolution

Does it mean that big tech will always choose to invest in coastal cities, further enriching strong startup ecosystems? But to say that the end result dispels the notion that great companies can start and scale anywhere suggests that startup ecosystems require a big tech outpost to progress. Here’s why: The HQ2 search process galvanized cities to drive collaboration between universities, economic development groups, civic leaders, and startup ecosystem builders.

Economic Developers Cannot Just Rely on Corporate Recruitment. They Have to Grow Their Own Ecosystem.

CO.STARTERS

Louis, Missouri has prioritized the creation of a homegrown entrepreneurship ecosystem for more than a decade. The work involved in regional ecosystem creation is difficult, but St. They Have to Grow Their Own Ecosystem.

Techstars Is Coming To Town

TechStars

and Ireland; A maritime tech focused accelerator program in Singapore; A startup ecosystem development program in Buffalo; Techstars Studio , a new offering to rapidly envision, validate, and launch disruptive startups. What a time to be a Techstars company! As per CB Insights , 48% of Techstars companies successfully raise follow-on capital (more than $750,000) within their first year post-program.

A New Generation of VCs, A Virtuous Cycle

TechStars

While none of these funds are officially dedicated to supporting Techstars companies, they all know first hand the quality of the startups that come through Techstars. The more I think about, and work toward, helping entrepreneurs succeed, the more I see the importance of a strong ecosystem in startup success. These in-network funds are a natural extension of the Techstars Network, and a great addition to the startup ecosystems in cities across the U.S.

Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Over the last five years, Brazil has witnessed a startup boom. Salvador (Bahia’s capital) is the natural birthplace of Brazil’s Black Silicon Valley, which largely centers around a local ecosystem hub, Vale do Dendê. Paulo Rogério Nunes. Contributor.

Challenging Underestimation Through Teenpreneurship Y.E.S. // Dade City, Florida

CO.STARTERS

A lot of the talk you hear about startup communities and ecosystems only has to do with adults. But youth have the potential to be startup ecosystems too. It all started with a kumquat festival. Sammy Ortiz, who had lived in Wesley Chapel, Florida for 11 years, was en route to the community bonanza with his family when he missed a turn due to traffic. Lost in an area of town he’d never been to, he gaped at what befell his eyes. “It

Startup Communities – Where to Find Them and How to Get Involved

Young Leaders of the Americas Initiative

While entrepreneurs can be found everywhere, some startup ecosystems are thriving more than others. Building a startup community, or startup ecosystem, is no easy task and requires a lot of intentional work. An interconnected startup community is one that shares common values and whose interests support the entrepreneurs, their ventures, and the startup community as a whole. What is a startup community? Why create a startup community?

We Built a More Inclusive Accelerator—Here’s What We Learned

GAN

Guest Blog by Lunar Startups. Yet, consumers with purchasing power are getting younger and more racially diverse every year, creating a huge market opportunity for startup founders who deeply understand this under-served group. Accelerator programs—one of the best tools we have to increase a startup’s survival rate—are limited in solutions provided, in ambition rewarded, and even more limited in regards to the founders who participate.

Kansas City-Based BacklotCars Acquired by KAR Global

Revolution

Most people who are familiar with Revolution , have heard of our Rise of the Rest Bus Tours where we visit five startup ecosystems in five days, once a year, to shine a spotlight on a city’s startups and the groups and individuals who champion them.

Unsung Heroes of Ecosystem Building: Meet the Voices Championing “Universal Support”

CO.STARTERS

We are proud to sponsor this edition of “ Unsung Heroes ,” a series spotlighting people who are growing the field of ecosystem building. Read the full series at Ecosystem Builder Hub. There is a better way, and many of us know it—entrepreneurial ecosystem building.

Should You Build your Company in a Country Like Lima?

GAN

We met with government officials—the people who oversee the support that startups receive directly from the country—investors investing in the country’s best seed-stage founders, and corporates doing business with the country’s newest startups. Did they feel like Lima was a great place to grow a startup? First, Lima is in an ecosystem full of startups that know how to identify problems and their founders aren’t afraid to go and build solutions to them.

Boston startups expand region’s venture capital footprint

TechCrunch

That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth mode, and investors back into the check-writing arena.

Nate Schmidt Joins Techstars Alabama EnergyTech Accelerator as Managing Director

TechStars

In 2010 my brother Mike and I took our e-gift card startup, Instagift , through Techstars Seattle. Brad literally wrote the book on Startup Communities. His message, that startup communities need to be led by startup founders, and that they can exist outside of Silicon Valley, really resonated with me. It drove me to take a leadership role in the Birmingham startup ecosystem where I’ve been one of its most active startup mentors since returning from Seattle in 2011.

Declan Kelly Joins Techstars Investment Team

TechStars

Kelly will help Techstars increase connectivity between startups and the global venture community to fuel innovation and growth. In his new role, Kelly will expand Techstars’ global investor ecosystem, with a focus on Europe, Middle East and Africa (EMEA), connecting more investors with some of the most exciting and disruptive startups around the world. .

Next Level Entrepreneurship: Investing in a New Generation of Startups

Entrepreneurs' Organization

With its innovative model for empowering rural women and youth, IndiVillage introduces balance to India’s ecosystem—where cities tend to grow exponentially while rural villages have few economic opportunities. “We The program’s name reflects its focus on five pillars for startup success: Customer, Achievement, Recognition, Education and Social. EO CARES is designed to address learning, networking, growth and scalability for startups.

Challenging Underestimation Through Teenpreneurship Y.E.S. // Dade City, Florida

CO.STARTERS

A lot of the talk you hear about startup communities and ecosystems only has to do with adults. But youth have the potential to be startup ecosystems too. It all started with a kumquat festival. Sammy Ortiz, who had lived in Wesley Chapel, Florida for 11 years, was en route to the community bonanza with his family when he missed a turn due to traffic. Lost in an area of town he’d never been to, he gaped at what befell his eyes. “It

Techstars and HBCUvc Launch 10-City Startup Weekend Tour to Promote Diversity in Entrepreneurship and Venture Capital

TechStars

October 2, 2019 – Techstars , the worldwide network that helps entrepreneurs succeed, and HBCUvc , a nonprofit fellowship program providing Black and Latinx students with training and mentorship in venture capital, today announced the launch of a joint 10-city Startup Weekend tour across the country. In just 54 hours, participants will experience the highs, lows, fun and pressure that make up life at a startup. . Diversity Startup Week diversity and inclusion Startup Weekend