Startup Stories and the New Vermont Economy
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What are some of the ways Vermont can strengthen our entrepreneurial ecosystem? How is the Agency of Commerce providing support today? What concrete steps can Vermont towns take to cultivate a startup community? A few ideas presented to the Better Middlebury Partnership, where a vibrant community is taking shape.
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Startup Stories and the New Vermont Economy
- 1. Startup Stories and the New Vermont Economy PRESENTATION TO THE BETTER MIDDLEBURY PARTNERSHIP April 16, 2014
- 2. SPORTS AND REC ENERGY AND ENV MANUFACTURING FOOD PRODUCTS BIOSCIENCES
- 3. “Between the Tigris of I-91 and the Euphrates of Rt 7”
- 4. STARTUP COMMUNITIES Places where the conditions are favorable to the spread of ideas and business formation. * Brad Feld, Startup Communities: Building an Entrepreneurial Ecosystem in Your City
- 5. STARTUP COMMUNITIES Led by entrepreneurs.
- 6. STARTUP COMMUNITIES Led by entrepreneurs. Long-term commitment.
- 7. STARTUP COMMUNITIES Led by entrepreneurs. Long-term commitment. Philosophy of inclusiveness.
- 8. STARTUP COMMUNITIES Led by entrepreneurs. Long-term commitment. Philosophy of inclusiveness. Engage entrepreneurial stack.
- 10. Montreal ~ Games & Visual Effects New York ~ Film & New Media Massachusetts ~ Biotech & Energy New York ~ Nanotech & Optics
- 11. Community Colleges of Vermont Vermont State Colleges
- 14. Growth support Startup finance and support Idea generation and concept development The ecosystem is the conversation...
- 15. HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 16. OCE SPONSORSHIPS 18 events 11 towns statewide $18,000 disbursed $350,000 in expenditures HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 17. 31 projects 21 communities $2,000,000 in credits $18,000,000 leveraged DOWNTOWN TAX CREDITS HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 18. 83 awards 37 companies $387,000 approved STEM INCENTIVE HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 19. 519 contracts 83 companies $73,822,954 in awards PROCUREMENT TECHNICAL ASSISTANCE HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 20. 37 approved/active applications $33,709,818 in incentives authorized $546,615,638 capital investment 6,145 new jobs projected VERMONT EMPLOYEE GROWTH INCENTIVE HOW THE AGENCY OF COMMERCE SUPPORTS THE STACK
- 21. FEEDING THE STACK • Young entrepreneurs orgs • Office hours • Tech meetups • Coffee clubs • Startup weekend • Ignite, pitching • Mentor marketplace • Welcome mat, road map • Beta days • Startup digest • New venture challenge • Startup week • Entrepreneurs foundation • Accelerators
- 23. Thank You! Lars Hasselblad Torres 802-917-1788 lars.torres@state.vt.us