The results give startup community members clear information about the following: (a) what parts of a community make the biggest difference to entrepreneurs (b) how well a ecosystem is delivering on those elements. Our plan is to use the power of numbers to show how communities can focus their energy and resources to deliver the best possible value for startups!

1. Governor's Office of State Planning and Budgeting
Survey powered by
Colorado Startup Value
Survey
Startup Ecosystems and
the Concept of Community Value
Governor’s Office of State Planning and Budgeting
Laura Blomquist
Spencer Imel

2. Governor's Office of State Planning and Budgeting
Worth/Value
What I get
What I give
Growth & Development
Survey powered by

3. Governor's Office of State Planning and Budgeting
Value Tree for Entrepreneurs
Local Atmosphere
Availability of Talent
Networks
Worth/Value
What I need
Access to Capital
What I give
Institutions
Government-related Costs
Business Costs
Personal Costs
Community’s Growth
& Development
Survey powered by

4. Governor's Office of State Planning and Budgeting
Correlation of Value to Growth
Start-up Value Score
1 10
Fictional data, for example only.
PercentWillingtoRepeat
100%
0%
98765432
PercentWillingtoPromote
PercentWillingtoRecommend
Survey powered by

5. Governor's Office of State Planning and Budgeting
Your Turn to Weight and Rate
Local Atmosphere
Availability of Talent
Networks
Worth/Value
What I need
Access to Capital
What I give
Institutions
Government-related Costs
Business Costs
Personal Costs
Community’s Growth
& Development
Weight (%)
Rating (1-10)
Weight (%)
Rating (1-10)
Rating (1-10)
Weight (%) Rating (1-10)
Weight (%) Rating (1-10)
Percent of Entrepreneurs
that Promote Colorado
Survey powered by

6. Governor's Office of State Planning and Budgeting
Value Tree for Entrepreneurs
Network Distribution Channel (348 Responses)
Local Atmosphere
Availability of Talent
Networks
Overall Value
What I Get
Access to Capital
What I Pay
Institutions
Government-related Costs
Business Costs
Personal Costs
Community’s Growth
& Development
7.8 Value
71%
7.0
29%
6.3
38% 7.0
6% 6.1
11% 4.7
29% 8.3
15% 6.0
52% 6.0
30% 6.0
18% 5.2
Survey powered by

7. Governor's Office of State Planning and Budgeting
Survey powered by
Network Distribution
Colorado Companies (348 Responses)
Attribute Impact Weight Colorado Score
Score Among
Colorado Promoters
Ratio
What Startups Get
Network for Startups 38% 7.0 8.4 0.84
Availability of Talent 6% 6.1 7.1 0.86
Access to Capital 11% 4.7 5.3 0.88
Local Atmosphere 29% 8.3 9.3 0.89
Institutions 15% 6.0 6.9 0.87
"What I Get" 100% 7.0 8.1 0.86
What Startups Pay
Business Costs 52% 6.0 6.4 0.93
Government-Related Costs 18% 5.2 5.8 0.90
Personal Costs 30% 6.0 6.6 0.91
"What I Pay" 100% 6.3 7.0 0.90
Overall Value
What I Get 71% 7.0 8.1 0.86
What I Pay 29% 6.3 7.0 0.90
Value 100% 7.8 9.1 0.85
Colorado Promoters
Percent of respondents that would startup in Colorado again 50%
Percent of respondents that would recommend Colorado for startups 45%
Percent of Respondents that are Colorado Promoters 39%

8. Governor's Office of State Planning and Budgeting
Network Distribution Channel
Survey powered by
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
10987654321
PercentColoradoPromoters
Value Score

9. Governor's Office of State Planning and Budgeting
Survey powered by
Attribute
Tech Impact
Weight
Tech Score
Non-Tech
Impact Weight
Non-Tech
Score
Network for Startups 36% 8.1 37% 6.7
Availability of Talent 2% 6.5 8% 6.0
Access to Capital 11% 5.0 12% 4.6
Local Atmosphere 44% 9.0 26% 8.1
Institutions 7% 5.9 18% 6.0
"What I Get" 100% 7.9 100% 6.8
Business Costs 50% 6.5 50% 5.9
Government-Related Costs 5% 5.6 25% 5.1
Personal Costs 45% 6.0 25% 6.0
"What I Pay" 100% 6.7 100% 6.1
What I Get 86% 7.9 65% 6.8
What I Pay 14% 6.7 35% 6.1
Value 100% 8.4 100% 7.6
What Startups Get
What Startups Pay
Overall Value
Network Distribution
Colorado Companies (348 Responses)

10. Governor's Office of State Planning and Budgeting
•Denver Metro area not including Boulder
Survey powered by
Network Distribution
Colorado Companies (348 Responses)
Attribute
Impact
Weight
Colorado
Average
Score
Score Among
Colorado
Promoters
Denver* Boulder Ft. Collins
Southern
Colorado
Western
Slope
What Startups Get
Network for Startups 38% 7.0 8.4 6.9 8.5 7.2 5.2 6.3
Availability of Talent 6% 6.1 7.1 6.5 6.8 6.7 4.8 4.9
Access to Capital 11% 4.7 5.3 4.3 5.5 4.5 3.8 5.2
Local Atmosphere 29% 8.3 9.3 8.5 9.3 8.9 6.9 7.3
Institutions 15% 6.0 6.9 5.8 6.7 7.8 4.8 5.2
"What I Get" 100% 7.0 8.1 7.0 8.2 7.6 5.4 6.4
What Startups Pay
Business Costs 52% 6.0 6.4 6.3 5.8 6.0 5.8 5.8
Government-
Related Costs
18% 5.2 5.8 5.3 5.7 6.0 4.4 4.7
Personal Costs 30% 6.0 6.6 6.2 5.1 6.1 6.5 6.1
"What I Pay" 100% 6.3 7.0 6.5 6.0 6.4 5.9 5.9
Overall Value
What I Get 71% 7.0 8.1 7.0 8.2 7.6 5.9 6.4
What I Pay 29% 6.3 7.0 6.5 6.0 6.4 5.9 5.9
Value 100% 7.8 9.1 7.8 8.3 8.1 6.5 7.5

11. Governor's Office of State Planning and Budgeting
Survey powered by
Network Distribution
Colorado Companies (348 Responses)
Attribute
Impact
Weight
Colorado
Average Score
Score
Among
Colorado
Promoters
Bioscience
Creative
Industries
Energy and
Natural
Resources
Financial
Services
Health and
Wellness
Information
and
Technology
What Startups Get
Network for
Startups
38% 7.0 8.4 6.3 7.2 6.3 6.0 7.3 8.1
Availability of
Talent
6% 6.1 7.1 6.3 6.0 5.5 5.7 6.1 6.5
Access to Capital 11% 4.7 5.3 4.2 5.0 3.6 3.5 4.5 5.0
Local Atmosphere 29% 8.3 9.3 8.5 8.1 7.9 7.5 8.6 9.0
Institutions 15% 6.0 6.9 6.6 5.6 6.2 5.8 5.7 5.9
"What I Get" 1.0 7.0 8.1 6.6 7.2 7.0 6.1 6.9 7.9
What Startups Pay
Business Costs 52% 6.0 6.4 5.9 6.0 4.8 5.3 5.7 6.5
Government-
Related Costs
18% 5.2 5.8 5.8 4.9 4.0 4.4 5.2 5.6
Personal Costs 30% 6.0 6.6 5.7 5.9 5.4 4.9 6.2 6.0
"What I Pay" 1.0 6.3 7.0 6.1 6.1 5.7 5.6 6.1 6.7
Overall Value
What I Get 71% 7.0 8.1 6.6 7.2 7.0 6.1 6.9 7.9
What I Pay 29% 6.3 7.0 6.1 6.1 5.7 5.6 6.1 6.7
Value 7.3 7.7 7.4 6.4 8.0 8.4

12. Governor's Office of State Planning and Budgeting
Secretary of State Distribution Channel
(448 Responses)
Attribute
Impact
Weight
Colorado Score
Score Among
Colorado
Promoters
What Startups Get
Network for Startups 28% 5.8 7.3
Availability of Talent 16% 6.4 7.8
Access to Capital 10% 4.6 5.5
Local Atmosphere 29% 7.6 9.1
Institutions 17% 5.7 7.2
"What I Get" 100% 6.3 8.2
What Startups Pay
Business Costs 29% 5.4 6.5
Government-Related
Costs 32% 5.0 6.4
Personal Costs 39% 5.5 6.7
"What I Pay" 100% 5.7 7.2
Overall Value
What I Get 55% 6.3 8.2
What I Pay 45% 5.7 7.2
Value 100% 7.1 9.2
Percent of respondents that would startup in Colorado
again 33%
Percent of respondents that would recommend Colorado
for startups 25%
Percent of Respondents that are Colorado Promoters 23%
Survey powered by
Network Distribution
Colorado Companies (348 Responses)
Attribute
Impact
Weight
Colorado
Score
Score
Among
Colorado
Promoters
Ratio
What Startups Get
Network for Startups 38% 7.0 8.4 0.84
Availability of Talent 6% 6.1 7.1 0.86
Access to Capital 11% 4.7 5.3 0.88
Local Atmosphere 29% 8.3 9.3 0.89
Institutions 15% 6.0 6.9 0.87
"What I Get" 100% 7.0 8.1 0.86
What Startups Pay
Business Costs 52% 6.0 6.4 0.93
Government-Related
Costs
18% 5.2 5.8 0.90
Personal Costs 30% 6.0 6.6 0.91
"What I Pay" 100% 6.3 7.0 0.90
Overall Value
What I Get 71% 7.0 8.1 0.86
What I Pay 29% 6.3 7.0 0.90
Value 7.8 9.1 0.85
Colorado Promoters
Percent of respondents that would startup in
Colorado again
50%
Percent of respondents that would recommend
Colorado for startups
45%
Percent of Respondents that are Colorado
Promoters
39%