rhode island entrepreneurial inventory
DESCRIPTION
A presentation on the Innovation and Entrepreneurial Ecosystem of Rhode Island, given at the opening workshop for the RI CIE (http://ri-cie.org).TRANSCRIPT
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Building From Strengths, Filling in Gaps
The Rhode Island Innovation and Entrepreneurship ecosystem
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Innovation and Entrepreneurship Inventory
Networks
People Money
Places Enablers
Ideas
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Innovation and Entrepreneurship Inventory
Networks
People Money
Places Enablers
Ideas
High Growth Starts
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The Problem with Laundry Lists
Missing: Scale, Connectedness, Impact
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Where do big ideas come from?
IdeasInstitutional/Govt. Research
NUWC ecosystemLifespan/CNE
University ResearchBrown, URI
Young EntrepreneursRISD, JWU, Bryant, PC, NEIT, RIC, CCRI
Serial EntrepreneursHomegrown & Quality of Life Immigrants
BigCo R&D/Spinoff/RefugeeAPC
Collisions
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What Kind of People do we need?
People
160K High Wage Jobs10% Entrepreneurial = 16,0001% Founder Potential = 1,600
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What Kind of People do we need?
People
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What Kind of People do we need?
PeopleIdea People
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, Developers
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial Entrepreneurs
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial Support
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
Youth Entrepreneurs
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What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
Youth EntrepreneursThousands every year
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Where does the Money come from?
MoneyPre-seed / Seed
Federal ResearchSTAC Grants ($1.5M)Betaspring ($250K planned)Cherrystone AngelsAngel Health
Early StageSlater ($3M)Point Judith CapitalSBA Loans
Expansion StageRI BDCEDC LoansWorkforce Devt. Board
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What Networks connect and energize?
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What Networks connect and energize?
NetworksIT and Digital Media
Providence GeeksRI NexusOpen CoffeeSlater SushiTechCollective infogroupBetaspringDC401NewB CampFreeGeekNerdsDayNetTech 2.0
Bioscience & MedicalTechCollective biogroupBioTuesdaySlater Sushi
Design & CreativeAIGAIDSAYoung ProfessionalsDxNPecha KuchaConcentric
Universities & CollegesBrown Forum for Enterprise Brown EPJogging with John
Green and Alt EnergyNESEAGreen Drinks
Business Innovation Factory
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Place: Clusters happen
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Place: Clusters happen
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Where do these networks meet and converge?
PlacesSlater (Richmond Square and Davol Square)
RI CIE
AS220 | FabLab
Steelyard
Business Innovation Factory
Wild Colonial
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Places of convergence are too spread out
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Places of convergence are too spread out
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Epicenter of Silicon Valley?
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Epicenter of Silicon Valley?
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Epicenter of Silicon Valley?
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Epicenter of Silicon Valley?
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Innovation and Entrepreneurship Inventory
EnablersPublic/Private Partnerships
STACRI Research AllianceEPSCORChamber of CommerceSBDC
LawyersAccountantsMarketers
Ecosystem companiesGraphic and Web Design FirmsContract Design and ManufacturingSpecialist Consultants
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Innovation and Entrepreneurship Inventory
NetworksPeople Money
Places Enablers
Ideas
High Growth Starts
Development
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Providence: The funk advantage
This? Or This?
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Providence: The funk advantage
This? Or This?
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Providence: The funk advantage
This? Or This?
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Providence: The funk advantage
This? Or This?