cultivating an entrepreneurial ecosystem
DESCRIPTION
This presentation was given at the Atlanta Regional Commission's 's Community Planning Academy on 12-09-2010. It highlights the Central Ohio entrepreneurial ecosystem and specifically addresses the Dublin Entrepreneurial Center 's success.TRANSCRIPT
![Page 1: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/1.jpg)
Cultivating an Entrepreneurial Ecosystem
![Page 2: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/2.jpg)
Central Ohio Region
• Third Frontier Program• Ohio Tech Angels – 2nd largest in
America• TechStart: $22.5 million venture
development program• Coached 1,153 startups over five years• Invested 16.4M in 93 technology
startups• Raised $338M for funded/incubated
![Page 3: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/3.jpg)
TechColumbus
• Award winning technology incubator• 750+ members – communities,
businesses and individuals• The nation’s only non-profit IT testing
lab and data center• 15 county region• Satellite community entrepreneurial
centers
![Page 4: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/4.jpg)
City of Dublin
• TechColumbus partnership• Demographics• Economic Development Team– 3 City employees, 7 consultants
• Key initiatives• Setting conditions
![Page 5: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/5.jpg)
City of Dublin
![Page 6: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/6.jpg)
Dublin Entrepreneurial Center
![Page 7: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/7.jpg)
Dublin Entrepreneurial Center
• Economic Development Team initiative• 45,000 square feet• April 2009 - Grand opening (95%
empty!)• 47 companies currently• One floor, then one building to go…• 2 entrepreneur contractors• 2010: 100+ events & 3,000+
attendees
![Page 8: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/8.jpg)
Dublin Entrepreneurial Center• How?– Think, plan, and speak forward– Deliver– Team• “We” accomplishes more than “I”• No room for egos or agendas
– Flexibility–Market the audacious & exceed
expectations
![Page 9: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/9.jpg)
Dublin Entrepreneurial Center
• Why is it successful?– Setting the conditions– Vision and direction– Hands off leadership– Committed team– Self-organizing groups– “Arms wide open”
![Page 10: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/10.jpg)
Dublin Entrepreneurial Center
• What is important?– Company success– Community– Collaborators– Education and networking– Branding
![Page 11: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/11.jpg)
Dublin Entrepreneurial Center
• What is being planed for 2011?– Global Economic Development Center• Leveraging international demographics• Identifying resources, Collaborators, external
groups• Hosting initial events beginning in January
– Café?– The Sky is the Limit
![Page 12: Cultivating an Entrepreneurial Ecosystem](https://reader031.vdocument.in/reader031/viewer/2022013111/54b3b57e4a795958348b4600/html5/thumbnails/12.jpg)
Dublin Entrepreneurial Center
Rick CoplinVenture Development Director
TechColumbus
Email: [email protected] Dublin Entrepreneurial Center: www.DECinDublin.com
LinkedIn: www.linkedin.com/in/rickcoplin Twitter: www.twitter.com/RickCoplin
Blog: MidWest TechBizhttp://rickcoplin.blogspot.com