Enable U Iain K Overview 03232010
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  • All committed to building tech industryCurious about what others are doing – that worksShare, learn, connect, helpHave a little fun ;-)
  • What is ecosystem?What are the roots/ evolution of a systems-based approachApplication to various areas of ManSci & businessIncreasingly the model for global business i.e. Cisco, HP, RIM, Toyota, WalmartNow being applied to regional innovation strategy/ cluster development
  • Welcome to the Waterloo Region ecosystem. It’s a messy business. But it works.The reason it works is that we’re all focused on the client, and we coordinate to meet a common objective.“It’s about the company, stupid.”For Communitech, the AC, and IRAP: Our accountability is to the client. Our commitment is to the ecosystem. Longer than any partner, IRAP has been supporting the efforts of Communitech to build successful technology companies. IRAP has been in this game longer than any other government agency or program, at either the federal or provincial levels. IRAP’s partnership has helped Waterloo Region’s tech ecosystem build capability and attract talent. In return, the ecosystem gives IRAP access to stronger deal flow, and increases the return on IRAP investments.
  • Hub – digital media/mobile imagesRefinements to all program areas
  • “The Hub” will be onstream in Spring 2010 and will leverage the 600+ technology based companies plus 3 colleges and universities to accelerate the commercialization of start-ups and new technologies.

Enable U Iain K Overview 03232010 Enable U Iain K Overview 03232010 Presentation Transcript

  • Building capacity for Innovation
    March 23, 2010
  • Thanks to our partners
    2
  • Why are we here?
  • Next two days
    4
  • 5
  • Ecosystem defined
    e·co·sys·tem   (ē'kō-sĭs'təm)    n.  a system formed by the interaction of a community of organisms with their environment.
    Science Dictionary
    A community of organisms together with their physical environment, viewed as a system of interacting and interdependent relationships and including such processes as the flow of energy through trophic levels and the cycling of chemical elements and compounds through living and nonliving components of the system.
    Cultural Dictionary
    A collection of living things and the environment in which they live. For example, a prairie ecosystem includes coyotes, the rabbits on which they feed, and the grasses that feed the rabbits.
    6
  • 7
    Ecosystemmmmm
  • 8
  • Traditional models have
    failed!
  • Not this….
  • Or this….
  • What’s this about ecosystems for building tech clusters?
    Relevance to developing a regional strategy
    Why is this a good approach?
    A holistic view of community
    Recognition of interdependence
    Awareness of need to think & act at all levels & with all constituents relevant to the growth & success of tech companies, and the sector overall
    12
  • a mash-up of informed linkages
    13
    Technology companies at all levels of enterprise
    Academic institutions
    Research institutions
    Non-technology companies at all levels of enterprise
    Sources of funding
    All levels of government
    Other enabling organizations
    Every player matters!
  • Enabling organizations
    Entrepreneur
    The Company
    Government
    Venture Services/EiRs
    Knowledge Creation
    Angels
    Venture
    Capital
    Firms
    Public
    Listing
    Agencies
    Financial
    Institutions
    550
    Tech Firms
    Financing Expertise
    Professional
    Services
    Firms
    Entrepreneurial Culture
    14
  • What it means for Communitech
    Catalyst for technology-focused economic development in Waterloo Region.
    We have a vested interest in every organization with potential to impact the success of our companies. We need to know what they do and how they help.
    We take responsibility for community awareness of tech sector needs, and tech sector involvement in community needs.
    We remain firmly committed to the needs of tech companies at all levels, and to continually improving our capacity to deliver.
    15
  • Why now?
    Because we’ve evolved
  • Why now?
    1997 – 2004
    Trade association
    2007 – 2009
    Enabling organization
    2004 – 2007
    Information hub
    2010+
    Enabling organization
    & ecosystem catalyst
  • What’s next for
    18
  • Digital Media
  • 20
    mobility
  • 21
    mobility
  • Successful ecosystems:
    Culture
    Risk-taking
    Entrepreneurship
    Connectedness
    Uber-networks
    Partnerships – usual and unusual
    Capability
    System-wide i.e. Tech talent and business talent
    Capital
    The right kind at the right time
    Community
    Identification with industry/ cluster as well as company
    Building towards these objectives will make you successful
    23
  • How to make it work for you
    Invest in an accurate understanding of what the companies do, and what each other organization in the ecosystem does
    Blur the lines to become more intentionally involved in business success
    Understand where engagement is urgent and where it isn’t
    Embed yourself at the local, provincial and national levels
    24
  • Deployment 101
    Asset inventory – who’s in your universe?
    Partners
    Technology capability
    Existing players
    companies
    What’s missing?
    What are the gaps?
    Leadership
    Step into the void – don’t wait for the stars to align
    Engagement
    Find a way to get everybody on the bus (process, structure and culture)
    Win-wins, common enemies, and one team
    Critical: Build a strong enabling organization
    25
  • What is an enabling org?
    There’s no one model – they characterize themselves as:
    Business incubators
    EcDev
    Trade associations
    Off-shoots of universities
    Tech councils
    Different, yes. But all follow
    the same principles.
    26
  • Core principles
    It’s not about YOU
    Put your companies/ customers first
    Be focused & strategic
    Ensure your activities align with objectives
    Business-driven – it’s about making $$$, stupid!
    Relevance (not just responsiveness) – know what your companies don’t know yet
    Business-led
    Respond to company needs using a life-cycle model
    Programs for companies at every stage
    Understand gaps / barriers along the way
    Feed the whole system
    27
  • http://www.inlandbuilders.net/ongoing/windsors_clubhouse.jpg
    28
    What it takes to build the enabling org?
    Place
    – building and belonging (the right environment)
    Club house – real estate as a strategy; engineering interactions
    A sense of attachment / identity/ belonging
    Your cluster in context
  • What it takes to build the enabling org?
    • Programs – the right line card for each level of enterprise: Small / Medium/ Large
    • Events; networking; capacity-building; relationship-engineering; cultural
    • Govt relations; public relations
    • Peer learning
    • Venture support
    • Workforce development: recruitment/ training/ youth outreach
    • Export support
  • What it takes to build the enabling org?
    Partners – the right relationships to help companies grow
    Finding a way for all players to participate – universities, government, professional service firms, sister orgs vs warring tribes
    30
  • What it takes cont’d
    Profile – the right awareness of the sector, its needs and its contributions
    External: get the world to take notice
    Give your companies a street address that matters
    Balancing act: building the brand of your org so people know where to go vs. the brand of your cluster
    Company profile as brand driver for your cluster
    31
  • What it takes cont’d
    Pennies – the right governance, funding and organizational model
    Diversity in your funding model
    Sustainability plans
    Cult or Culture?
    Your customer service model
    Your back-end enterprise model
    Commitment to constantly reinventing yourself
    32
  • What it takes cont’d
    People – the right staff and the right board
    Skill sets; networks; experience; credibility
    Cult? Or culture?
    Proof– the right measurement
    - Varies by region and by program area
    - Set your bench marks, check in regularly and report back
    33
  • On being strategic
    Intersection of Org and Ecosystem…
    What you do needs to line up to what you’re trying to achieve
    34
  • 35
    Ecosystemmmmm
  • Iain Klugman
    Communitech
    Waterloo Region
    iain@communitech.ca
    36
  • Building capacity for Innovation
    March 23, 2010