community tools for more effective entrepreneurship support programs - created by westartup

Post on 10-May-2015

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DESCRIPTION

westartup is a set of tools designed to supercharge local efforts for building entrepreneurial communities. Some of my thinking on the subject can be found in an article I wrote for the Whiteboard magazine (How to build an entrepreneurial ecosystem in 4 steps http://bit.ly/XwH0bS) and another for DataNews (Entrepreneurship: we're teaching it wrong http://bit.ly/1bDhZyZ). If you would like to discus - or evaluate the tools for your own region - please contact me at leo.exter@westartup.eu.

TRANSCRIPT

Community toolsfor more effective

entrepreneurship support programs

Leo Exter

We help to answer a fundamental challenge:

getting more peopleto interact more often,

to learn more from each other… with low extra cost.

Focus for most existing programs

westartup focus

Basic Training

Discovery

Incubation

Acceleration

Use community power to - find

- motivate- educate

future entrepreneurs.

Community site + real-world eventshelp you build large, effective local (globally connected)entrepreneurial community.

+

Community site brings in new people for your community: entrepreneurs, mentors and investors.

Community site improves projects through feedback(comments) from fellow entrepreneurs.

Community site helps to find co-founders, create stronger (cross-functional) teams.

Individual involvement

Online community, events like Startup Weekend

Introductory group sessions

In-depth group workshops

€ 20

€ 50

€ 500

Equity stake

Acceleration program

Incubation program

Combine site with events to identify and strengthen best teams

Th

resh

old

(E

xa

mp

le)

Startups need time (and knowledge) to build their success stories.

Mentors from the community happily share their knowledgeat events –if you only need to ask.

Does it work?

Hell, yeah!* * This is how Davy would say it.

Davy Kestens, 25.

Asked questions, joined workshops, got crowd feedback… and stopped his first business.

Then created amuch better one.

Sparkcentralsells to Delta and Brussels Airlines.

20+ employees in Hasselt (BE) and San Francisco.

Raised over

$ 17.6 MLN.

Building community is hard work: minimum 1/5 FTE

better yet a full-time person:superconnector.

We provide the tools

• Customized website: your branding, your language, your community

• Six proven event formats

Example from Lithuania:

- Lithuanian-language site

- Own branding

Over 760 members today.

Example of a “vertical” site:

- Focus on digital health startups

- Own branding

Over 1200 members today.

Stay in touch with your entire community with automated emails, invite them to your events.

Keep track of interactions, measure success.

Our simple, low-cost event formats:

- Pitch Night- Startup

BarCamp- Topical

workshops- Member Nights- Circle of Growth- Investor Match

Let’s talk.

@westartup

Leo Exterleo@westartup.eu+32477457539

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