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Cultivating an Entrepreneurial Ecosystem

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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 …

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.

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  • 1. Cultivating an Entrepreneurial Ecosystem
  • 2. 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
  • 3. 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
  • 4. City of Dublin
    TechColumbus partnership
    Demographics
    Economic Development Team
    3 City employees, 7 consultants
    Key initiatives
    Setting conditions
  • 5. City of Dublin
  • 6. Dublin Entrepreneurial Center
  • 7. 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
  • 8. 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
  • 9. Dublin Entrepreneurial Center
    Why is it successful?
    Setting the conditions
    Vision and direction
    Hands off leadership
    Committed team
    Self-organizing groups
    “Arms wide open”
  • 10. Dublin Entrepreneurial Center
    What is important?
    Company success
    Community
    Collaborators
    Education and networking
    Branding
  • 11. 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
  • 12. Dublin Entrepreneurial Center
    Rick Coplin
    Venture Development Director
    TechColumbus
    Email: rcoplin@techcolumbus.org
    Dublin Entrepreneurial Center: www.DECinDublin.com
    LinkedIn: www.linkedin.com/in/rickcoplin
    Twitter: www.twitter.com/RickCoplin
    Blog: MidWestTechBiz
    http://rickcoplin.blogspot.com