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 Dublin Entrepreneurial Center 's success.

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Cultivating an Entrepreneurial Ecosystem

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

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