Turning people into job creators, not job takers
Prob lem The Startup Communities and their programs are fragmented andfragile, making it difﬁcult for aspiring entrepreneurs to ﬁnd the resources and support they need, when they need it.
Ecosystem Development Program We n e train ed to eed m e n tor W es devel ore We need a opers Inv cation an Edu media outlet e d or! ne rat stu W int mmu e e W cel tap t co en ot n de ac n ee he ity! dt o nt al me rn it glob ove get need ure G We pos ur esn’t O o ex d We need to celebrate our local startups One Conversation
MISS ION Startup Foundation’s mission is to promote the creation ofhigh growth startups by supporting proven programs andfostering new initiatives in communities around the world.
What is it...The Startup Foundation is an evolution of Startup Weekend. With over 35,000 past attendees in over 183 cities around the world, we acquired a unique insight into the creation, formation, and best practices of ecosystems. In July of 2011, Startup Weekend and The Kauffman Foundation partnered to launch the Startup Foundation in 8 cities as an initial test: Los Angeles, Seattle, New York City, Detroit, Boston, Des Moines, Las Vegas, and Sao Paulo, Brazil.
What we’re actually doing... The Startup Foundation leaders in each of the cities will be interviewingcommunity inﬂuencers and leaders to help create an initial ecosystem audit across all cities resulting in a dynamic ecosystem map. This valuable perspective will highlight the opportunities and best practices of entrepreneurs and communities. The Foundation leaders will then work toprioritize local initiatives and allow the community to determine the optimalway to distribute capital and other available resources. Foundation Leaders are armed with an operating and funding budget with the responsibility of facilitating the vision and successful implementation of chosen initiatives. This can’t happen without YOU
How it works Each city has an advisory board of 3-5 people The community proposes and votes for what is neededThe Startup Foundation ensures the top priorities come to life! Rinse & repeat
Our Values 1. We represent the community 2. We are 100% neutral. This is a community owned initiative 3. We complement and amplify those already doing amazing things 4. We identify opportunities, and we don’t duplicate existing efforts 5. Entrepreneurship is an art, not a science6. In order to support and understand startups, you must work “bottom-up” 7. Communities need to encourage sustainable infrastructure 8. Best practices will be shared from city to city 9. Resulting efforts and research will be open and available to the world
Our Goals 1. ACTION - We don’t just talk about problems, we work with the community to create and implement solutions.3. Research - There is little research in the world today about companies BEFOREthey get funded. We’re providing a unique insight into what matters in the early stages of team and idea formation.2. Sustainability - Startup Foundation needs to achieve sustainability in every city. We will be actively fundraising to continue growing this initiative.
What we’re tracking: Job Creation The barriers/challenges entrepreneurs face Size and growth of the ecosystem Comparative analysis between communities Mentor engagement
M apping EcosystemsWe’ve developed and deploying the ﬁrst standard, easy to use eco-system map of each city.Any entrepreneur, program, or company should be able to understand where they ﬁt and what or who they should work with to help get to the next step. Justimagine what we’ll learn by doing this across communities around the world... :-)
nching In itiativesLau Picture this: 10 out of 12 community leaders agree that your community needs: - to create a curriculum and programs to educate ﬁrst-time entrepreneurs. - to address the “brain drain” of talent and promising companies to Silicon Valley... - a new community center & events space to house 50+ new startups and community players...- to educate local angel investors. The money is there, we just need to teach them what a “startup” is and how to work with them. - to simply support some of the existing initiatives to help them do even better! Guess what? You’ve got someone to help reﬁne those visions, get buy in from stakeholders, and ensure projects actually happen.
up Found ation is:The Start A place any entrepreneur should look to help identify where they are in their evolution as an entrepreneur. They will get recommendations on what programs, resources and events are relevant to them. This is a just-in-time resource. What entrepreneurs need, when they need it. Nothing else. A place any corporation, individual, or government organization should look to for recommendations on how to get involved in supporting existing and potentially new activities.
The Future Building upon the successful learning’s of the initial 8 cities, the Startup Foundation will open the program up to any qualiﬁed community leaders around the world. Unifying and learning from the conversations across theglobe will increase awareness as well as the ability for us all to have a greater impact on the fundamental culture and infrastructure that exists to catalyze more successful entrepreneurs and startups.
o I Get in volved?How D Don’t wait, get involved! Send us your thoughts on: Inﬂuencers, leaders and do-ers: - your communities weaknesses and possible solutions - your communities strengths - ideas you have to help the community - how would you invest a million bucks? ... seriously Corporations and Governments: - what are the resources and programs available to entrepreneurs? - how are you looking to support the community? - what ﬁnancial and time resources can you pledge to your community? - what are the metrics you are trying to achieve? We can help you...
Rea ch out: Marc Nager Marc@StartupFDN.org http://startupFDN.org