grassroots to global presentation to leos and cecs v22.06.15

- Grassroots to Global - Unleashing the collective entrepreneurial power of communities across our country.

Vision2020Startup Island Entrepreneurship Pathway

What’s Different about Startup Ireland Partnership?

1. Grassroots up organisation with a focus on actions that will have real impact on the ground

2. Professionals supporting volunteers nationally

3. Not-for-profit Public Private Partnership

4. Committed to the long term

“It’s my belief that vibrant startup ecosystems will create more successful startups, which lead to more startups. It has to be in this order.

Helping startups plug into their local communities is key, if they’re in a robust local network startups have a much greater chance of success.”Scott Case, CEO of Startup America Partnership

Commercial Attaches at Embassies

Government

IncubatorsAccelerators

MNCInnovation Managers.

Accountants, Lawyers,

Patent Agents

Researchcentres

Investors

Universities

Professional Service

ProvidersMNCs

State

Agencies

NetworksGroups

Entrepreneurs& Startups

Diaspora

Mentors, Angel Investors

Tech Transfer Offices

Goals of #SG20151.More people entering the entrepreneur pipeline

across the country and talent being spotted early

2.Grow regional hubs around existing industry

strengths

3.To project internationally Ireland's city region startup hubs in a differentiated and coordinated way.

5 Days5 Cities

5 IndustriesStart Scale Succeed from

Ireland

“No longer can entrepreneurship be limited to a small set of risk takers located in a few specific cities.”

Brad Feld

Startup Communities

What was needed?A strategy that could help get the fundamentals right• Empower individuals to take control of their economic

destiny through entrepreneurship.• Provide pathways across many horizontals in the

entrepreneurial journey • Enable every town and village in Ireland to mobilise

untapped talent in their community and leverage Ireland’s national startup network.

• Hubs – Leveraging the MNCs to help increase the potential for the emergence of hubs based on regional strengths and opportunities.

• Access untapped reserves of volunteerism across the startup sector

Competitive Start Fund

Enterprise Ireland HPSU

New Frontiers National Entrepreneur Programme

Local Enterprise Offices

Community Enterprise Centres

CORKSIOBHAN FINN

DUBLINGENE MURPHY

WATERFORDEUGENE CREHAN

GALWAYJOHN BRESLIN

LIMERICKGILLIAN BARRY

CityCoordinators

and CitySteeringGroups

NationalSteeringGroup

The creation of our ‘Grassroots to Global’ plan

What did our research find?In order to ignite startup communities that can create successful startups across the country we must create

“Effective engagement”:

• Genuine collaborative activities

• Occurring within an effective network

• Which delivers symbiotic outcomes

Effective Engagement

Startups

Multinational CompaniesRe

sear

ch C

entr

es State Agencies

Pathway

Grassroots - The early phase of the startup journey

Seeking traction for their business model with potential team, clients and investors.

Researching, Learning & Training

Person starts testing their opportunity, questionnaires etc

Person decides they want to do something

differently/better

Startup

Discovery

Action

Motivation

•“What helps foster startup communities are •regular occurring initiatives/events by the •community for the community.”

Brad Feld

Startup Communities

Pathway

Toolkit – For community empowerment of entrepreneurs

Showcase

Passport

Bootcamp

Person decides they want to do something

differently/better

Startup

Discovery

Action

Motivation

Participant6 modules - 3 hours eachNetworking & scope to next step

NetworkNetwork Partner InputsEnterprise Ireland module on supports available, BOI input

Delivery Partners: CECs & LEOsNew reach to new types of client

Pipeline

R&D + JobsShowcasing Ireland to parent company (LinkedIn & Google)

Multinationals

Effective Engagement

Startup Ireland Passport Benefits

ParticipantLearning by doing in a multidisciplinary teamConnection to the next step along the pathway

NetworkNetwork strengthened through mentors from MNCs and referrals to support agencies

Talent Pipeline is strengthenedIncreased exposure to startup culture

Pipeline

Network density is created through Mentors being recruited from the Industry Strengths corporates in the areas

Multinationals

Effective Engagement

Startup Ireland Bootcamp Benefits

Participant6 Pitching skills, Negotiation skills & Networking

Network Network strengthened through connecting with LEOs, EI New Frontiers

Strengthened both domestically and internationally Increased pitching knowledge

Pipeline

Multinationals get exposure to startups in their industry area

Multinationals

Effective Engagement

Startup Ireland Showcase Benefits

•“At stake is nothing less than the continued economic vitality of towns, cities & regions.”

Brad Feld

Startup Communities

•“When localities focused on fostering and stimulating startups, they could change their own economic futures in dramatic and fundamental ways.”

New technology is the great equaliser

Fintrax founder sells up for €170m to private equity firm, 'biggest deal in Gaeltacht history‘ out of Tully Business Park, Ballinahown, Galway

Stockbyte, the Co Kerry-based stock photographs company, bought out by multinational Getty Images for $135m.

Progress to Date – NACEC

“It takes a community to raise a child. Equally it takes a community to raise a successful startup and a county to raise a successful scaleup.”

•Gillian Barry • Limerick Startup

Gathering • City Region Coordinator

•If not us, who?

•If not now, when?