Tech Entrepreneurship as an Opportunity Builder

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This Gathering of Leaders 2014 session demystified what tech is and explored the development and expansion of tech entrepreneurship opportunities for men of color.

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Tech Entrepreneurship as an Opportunity Builder

  1. 1. Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact Cedric Brown Managing Partner Kapor Center Brian Dixon Investment Associate Kapor Capital Mike Green Co-Founder & Executive Director ScaleUp America Justin Davis & Mario Lugay Program Officers Kapor Center Travis McCready Vice President for Programs Boston Foundation Gregorio Rojas Founder Sabio
  2. 2. Welcome & Pivot Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  3. 3. Why Tech Entrepreneurship? •Tech entrepreneurship fosters healthy competition and dynamism in a global economy. (Larry Summers, Economic Policy Council) •Facilitates the incorporation of the new technologies that fuel economic growth. (Summers) •Startup companies in the United States reliably create many more jobs than existing companies. (Kauffman Foundation) Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  4. 4. Why Tech Entrepreneurship? •Diverse entrepreneurs address diverse issues, helping to mitigate a variety of pressing economic, political, and social issues. Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  5. 5. What We Hope to Accomplish •Demystify basics of tech entrepreneurship •Inform and inspire the further development of a tech entrepreneurship ecosystem in your community Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  6. 6. Agenda •Questions •Quiz •Quick Wits •Questions •Quest Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  7. 7. Questions Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  8. 8. Quiz Need reps from four cities Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  9. 9. Q1: Which of the following are crucial contributors to any local tech ecosystem & economy? A) Engineers & Designers B) Funders & Business Advisors C) Mentors & Serial Entrepreneurs D) Robust Legal & Media Sectors Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  10. 10. Q1: Which of the following are crucial contributors to any local tech ecosystem & economy? A) Engineers & Designers B) Funders & Business Advisors C) Mentors & Serial Entrepreneurs D) Robust Legal & Media Sectors Giveaway question – all are important! Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  11. 11. Q2: Frederick Hutson, the founder of Pigeonly, a tech startup featured in the NY Times, had which of the following backgrounds before coming into the tech sector? A) Urban Zoologist B) Bicycle Courier C) Cannabis Distributor D) Philosophy Major Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  12. 12. Q2: Frederick Hutson, the founder of Pigeonly, a tech startup featured in the NY Times, had which of the following backgrounds before coming into the tech sector? A) Urban Zoologist B) Bicycle CourierC) Cannabis Distributor D) Philosophy Major Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  13. 13. Q3: Y Combinator, NewMe, TechStars, and 500 StartUps are examples of cohorts that are crucial to the survival of startups. What are those cohorts called? A) IncubatorsB) Accelerators C) Generators D) Technovators Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  14. 14. Q3: Y Combinator, NewMe, TechStars, and 500 StartUps are examples of cohorts that are crucial to the survival of startups. What are those cohorts called? A) IncubatorsB) Accelerators C) Generators D) Technovators Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  15. 15. Q4: When seeking capital, tech entrepreneurs should be prepared to explain the MVP. What is an MVP? A) Minimum Viable Product B) Mechanically Vital Production C) Max. Vulnerability Projections D) Most Vociferous Prayer Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  16. 16. Q4: When seeking capital, tech entrepreneurs should be prepared to explain the MVP. What is an MVP? A) Minimum Viable Product B) Mechanically Vital Production C) Max. Vulnerability Projections D) Most Vociferous Prayer Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  17. 17. Q5: Which of the following Oakland-based organizations help youth to learn coding/software development and entrepreneurship possibilities? A) Hidden Genius Project B) Hack the Hood C) Youth Radio D) All of the above Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  18. 18. Q5: Which of the following Oakland-based organizations help youth to learn coding/software development and entrepreneurship possibilities? A) Hidden Genius Project hiddengeniusproject.orgB) Hack the Hood hackthehood.org C) Youth Radio youthradio.orgD) All of the above Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  19. 19. Quick Wits Examples from around the Nation: Mike Green, ScaleUp America Travis McCready, Boston Foundation Gregorio Rojas, Sabio Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  20. 20. Quick Wits Mike Green, ScaleUp America Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  21. 21. ScaleUp America Innovation, Inclusion, Impact Mike Green Co-founder, Executive Director Scaleupcampaign.org
  22. 22. Whose JOB is it to fix this? The unemployment rate among African Americans has been twice the national rate nearly every year consistently since Dr. Martin Luther King was decrying the inequities of America’s economics in the 1960s.
  23. 23. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2 Acceleration of Innovation Economy Agriculture 19th Century Manufacturing 20th Century Innovation 21st Century What does this mean?ECONOMIC TRANSITIONS IN AMERICA
  24. 24. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2 STEM / STEAMED Science, Technology, Engineering, Arts, Math, Entrepreneurship, Design Entry Point Tech Workers Tech Startups
  25. 25. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2 42% SHIFTING DEMOGRAPHICS What does this mean?
  26. 26. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2 Startups produced nearly ALL net new jobs in America since 1980! Source: Kauffman Foundation
  27. 27. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2 America needs more job creators! WHO WILL CREATE THEM? Karen Mills Small Business Administration
  28. 28. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2
  29. 29. ScaleUp America Mike Green Co-founder, Executive Director @amikegreen2
  30. 30. America’s Innovation Economy is fueled by entrepreneurs developing TECH STARTUPS. TECH STARTUPS are fueled by Innovation Clusters that form Local Innovation Ecosystems. Metros are primary places for STARTUP DENSE corridors and clusters. Black and Hispanic entrepreneurs live right next door to many of these ecosystems but remain disconnected from them.
  31. 31. America’s STARTUP CULTURE Can you map the Local Innovation Ecosystem in your region?
  32. 32. 1. Change the economic narrative across urban and rural America 2. Promote Inclusive Competitiveness as a bipartisan vision and 21st century economic imperative 3. Connect economically disconnected communities to local innovation ecosystems and opportunity
  33. 33. ScaleUp America brings communities together to develop a common vision of Inclusive Competitiveness and work collaboratively toward developing economic inclusive frameworks to increase job growth and regional economic competitiveness. INCLUSIVE COMPETITIVENESS SUMMIT
  34. 34. EDUCATION COMMUNITY POLICY FUNDING DEVELOPMENT INDUSTRY ENTREPRENEURS COMMUNICATIONS K-12 Public Schools Charter / Private Schools Faith-based schools Vocational schools Community Colleges Universities Social / Health orgs Community Development Housing / Residential Faith-based Non-government orgs Parent / Student groups Fraternities/Sororities Legacy Nonprofits Government Public-Private Alliances Foundations Professional Associations Elect/Appointed Officials Wealthy/Powerful Individuals Government/Taxpayers Banks / Financial orgs Foundations Pensions Private Equity Venture Capital Angel Investors Crowdfunders Economic Development Tech-Based Eco Dev Regional Development Orgs (CEDS Planning) Real Estate Development Public-Private Partners Faith-based Eco Dev Universities Corporations Mature Large / Small Biz Successful Startups Gazelles Professional Associations Fraternities/Sororities Entrepreneurs Associations Incubators Accelerators Conference/Competitions Activities/Meetups Hackathons Startup Weekends Media Public Relations Corporations Government Foundations Policymakers Newsmakers/Pundits Columnists Collaboration: Communities of Influence
  35. 35. IDENTIFYING WHAT WORKS Technology Access Foundation State of Ohio Board of Regents
  36. 36. Connect to Resources to Scale Up How do we start? • Create Awareness • Catalyze Collaboration: Policy, Vision, Strategy • Map Regional Assets • Impact Investing with measurable results
  37. 37. Contact Information Mike Green Co-founder , Executive Director ScaleUp America @amikegreen2 | scaleupcampaign.org
  38. 38. Quick Wits Travis McCready, Boston Foundation Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  39. 39. Quick Wits Gregorio Rojas, Sabio Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  40. 40. Change The Conversation A startup approach Gregorio Rojas Founder @g8Rojas Liliana Monge Founder @MongeLiliana Sabio A Developer Community For All http://sabio.la
  41. 41. The World of STEM Change The Conversation Gregorio Rojas Founder @WeSabio Big Slow
  42. 42. Startups Change The Conversation Gregorio Rojas Founder @WeSabio Fast Fail Fast Improve Results
  43. 43. Technology Focused Fast Change The Conversation Gregorio Rojas Founder @WeSabio
  44. 44. Focus Technology • Code Change The Conversation Gregorio Rojas Founder @WeSabio
  45. 45. Focused - Fast - Flexible 8 Weeks of Prep 10 Weeks of Training Job in Any Industry Surpass Median HH Income Change The Conversation Gregorio Rojas Founder @WeSabio
  46. 46. Jump the Line Change The Conversation Gregorio Rojas Founder @WeSabio Source: http://www.businessinsider.com/heres-median-income-in-the-us-by-race-2013-9
  47. 47. Share This Change The Conversation Gregorio Rojas Founder @WeSabio It’s not as hard as you think
  48. 48. Share This Change The Conversation Gregorio Rojas Founder @WeSabio Fun & Easy
  49. 49. Contact Information Liliana Monge Founder @MongeLiliana Gregorio Rojas Founder @g8Rojas Sabio.la A Developer Community For All @WeSabio – agol@sabio.la
  50. 50. Questions? Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  51. 51. Quest Divide into small groups Discuss idea Pitch to panel Panel awards prizes Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  52. 52. Quest Create a campaign, event, or activity that will catalyze tech entrepreneurship opportunities in our communities. Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter
  53. 53. Contact Information Kapor Center for Social Impact @kaporcenter | www.kaporcenter.org Mike Green ScaleUp America @amikegreen2 | www.scaleupcampaign.org Travis McCready The Boston Founation @TravisMcCready | www.tbf.org Gregorio Rojas @WeSabio | www.sabio.la
  54. 54. Many thanks! Tech Entrepreneurship as an Opportunity Builder Kapor Center for Social Impact @KaporCenter

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