Delta Entrepreneurship Network

Developing an entrepreneurial eco-system for Northeast Arkansas
Delta Entrepreneurship Network

• Community

Capital Collaborative

• Marketing

Community Capital

• Technical

Assistanc...
Delta Entrepreneurship Network

Community Capital
Collaborative
Marketing Community Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network

Community Capital
Collaborative
Marketing Community Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network

Community Capital
Collaborative
Marketing Community Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network

Community Capital
Collaborative
Marketing Community Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network

Community Capital
Collaborative
Marketing Community Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative

Marketing Community
Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative

Marketing Community
Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative

Marketing Community
Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative

Marketing Community
Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative

Marketing Community
Capital
Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital
Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital
Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Delta Entrepreneurship Network
Community Capital Collaborative
Marketing Community Capital

Technical Assistance
Sustainab...
Community Capital Collaborative
Marketing Community Captal
Technical Assistance

Delta Entrepreneurship Network

Sustainab...
Delta Entrepreneurship Network

Delta Center for Economic Development

For more information, contact:
Jerry L. Smith
870-6...
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Introduction to the Delta Entrepreneurship Network

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  1. 1. Delta Entrepreneurship Network Developing an entrepreneurial eco-system for Northeast Arkansas
  2. 2. Delta Entrepreneurship Network • Community Capital Collaborative • Marketing Community Capital • Technical Assistance • Sustainability
  3. 3. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability • Identify and qualify communities • The Network • The Delta Center • Goal - create a strong regional economy
  4. 4. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability Identify and qualify communities 1. • • • • Interest Assets Capacity Desires and expectations
  5. 5. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. 2. Identify and qualify communities The Network  Leverage resources from private, public and non-profit sectors • Local • Region • Across the state Connect with new business opportunities Working in new ways to increase and support Number of idea generation events and venues
  6. 6. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. Identify and qualify communities 2. The Network 3. The Delta Center • Neutral, well known and respected reputation in the region • University-based resources • largest staff of economic development professionals in the region • Lead role for development of the Delta Entrepreneurship Network
  7. 7. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability Goal - create a strong regional economy • Investment capital • Aggressive appetite to support a successful entrepreneurial eco-system in eastern Arkansas.
  8. 8. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability Goal - The Delta Center: • Catalyzing connections • • between entrepreneurial qualified communities and innovators Raising the level of expectation • among creative/innovative entrepreneurs
  9. 9. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability Through… 1. Online Marketing / Connecting 2. Existing Events in Arkansas/Region 3. New Venues for Events
  10. 10. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. Online Marketing / Connecting • Entrepreneur/Startup/Innovation • • • Events Networks Coming Home Delta • ASU Alumni • Local – Alumni and former residents
  11. 11. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. Online Marketing 2. Existing Events in Arkansas/Region • Startup weekend type events • Inventors meetings new business ideas fast pitch contests • Business plan competitions • Virtual events held via the Internet
  12. 12. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. Online Marketing 2. Existing Events 3. New Venues for Events • Startup Weekend in Jonesboro • Entrepreneur/Inventors Networking Events • • • Community level Local library venue where feasible New G60 and Bar Camp venues
  13. 13. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability Goal – For interested entrepreneurs, the Delta Center will serve as the DEN’s hub and neutral zone where • entrepreneurs can obtain assistance and be “pitch ready” • communities will be assisted in establishing standards • In investment decision-making process • For their business targets
  14. 14. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. ASU-Centric Services 2. Community Colleges 3. Communities
  15. 15. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. ASU-Centric Services • Who • SBTDC • Alt.Consulting, Inc. • Catalyst Innovation Center • Faculty and other Centers of Excellence • What
  16. 16. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. ASU-Centric Services • Who • What • Business plan development • Market research • Value chain development • Evaluating capital investment need • Conducting site specific feasibility studies • Preparing project-specific economic impact analysis
  17. 17. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 1. ASU-Centric Services 2. Community Colleges • Maximize the potential of community colleges • Strengthens the DEN’s regional collaboration • Strengthens capacity of area communities • [One method: Alumni]
  18. 18. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 2. ASU-Centric Services Community Colleges 3. Communities - Increase local communities’ 1. (individual members of the collaborative) ability to cultivate homegrown entrepreneurs • Local libraries • Alumni and Former Resident Initiatives
  19. 19. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 2. ASU-Centric Services Community Colleges 3. Communities – 1. • Local libraries to serve as “idea centers” • Identify the relevant resources they already have; establish a dedicated space in the library • Arkansas State Library • Train librarians in how to assist these patrons, • Patent and Trademark Resource Center • Makers Space • Access/entry to all other DEN services
  20. 20. Delta Entrepreneurship Network Community Capital Collaborative Marketing Community Capital Technical Assistance Sustainability 2. ASU-Centric Services Community Colleges 3. Communities – 1. • Local libraries • Alumni and former resident initiatives • Recent webinar series • Subscriptions and other lists • Relatives • Events
  21. 21. Community Capital Collaborative Marketing Community Captal Technical Assistance Delta Entrepreneurship Network Sustainability Sustainability Plan • Insure program continues as may be needed • a replication report to provide roadmap for other universities to follow
  22. 22. Delta Entrepreneurship Network Delta Center for Economic Development For more information, contact: Jerry L. Smith 870-680-8273 jerry@astate.edu Follow us: Funding support provided by the U.S. Economic Development Administration
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