Rhode Island Entrepreneurial Inventory
Post on 23-Jan-2015
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Building From Strengths, Filling in Gaps
The Rhode Island Innovation and Entrepreneurship ecosystem
Innovation and Entrepreneurship Inventory
Networks
People Money
Places Enablers
Ideas
Innovation and Entrepreneurship Inventory
Networks
People Money
Places Enablers
Ideas
High Growth Starts
The Problem with Laundry Lists
Missing: Scale, Connectedness, Impact
Where do big ideas come from?
IdeasInstitutional/Govt. Research
NUWC ecosystemLifespan/CNE
University ResearchBrown, URI
Young EntrepreneursRISD, JWU, Bryant, PC, NEIT, RIC, CCRI
Serial EntrepreneursHomegrown & Quality of Life Immigrants
BigCo R&D/Spinoff/RefugeeAPC
Collisions
What Kind of People do we need?
People
160K High Wage Jobs10% Entrepreneurial = 16,0001% Founder Potential = 1,600
What Kind of People do we need?
People
What Kind of People do we need?
PeopleIdea People
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, Developers
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial Entrepreneurs
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial Support
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
Youth Entrepreneurs
What Kind of People do we need?
PeopleIdea People
Researchers, Scientists, Designers, DevelopersHundreds
Serial EntrepreneursHundreds
Entrepreneurial SupportThousand
Youth EntrepreneursThousands every year
Where does the Money come from?
MoneyPre-seed / Seed
Federal ResearchSTAC Grants ($1.5M)Betaspring ($250K planned)Cherrystone AngelsAngel Health
Early StageSlater ($3M)Point Judith CapitalSBA Loans
Expansion StageRI BDCEDC LoansWorkforce Devt. Board
What Networks connect and energize?
What Networks connect and energize?
NetworksIT and Digital Media
Providence GeeksRI NexusOpen CoffeeSlater SushiTechCollective infogroupBetaspringDC401NewB CampFreeGeekNerdsDayNetTech 2.0
Bioscience & MedicalTechCollective biogroupBioTuesdaySlater Sushi
Design & CreativeAIGAIDSAYoung ProfessionalsDxNPecha KuchaConcentric
Universities & CollegesBrown Forum for Enterprise Brown EPJogging with John
Green and Alt EnergyNESEAGreen Drinks
Business Innovation Factory
Place: Clusters happen
Place: Clusters happen
Where do these networks meet and converge?
PlacesSlater (Richmond Square and Davol Square)
RI CIE
AS220 | FabLab
Steelyard
Business Innovation Factory
Wild Colonial
Places of convergence are too spread out
Places of convergence are too spread out
Epicenter of Silicon Valley?
Epicenter of Silicon Valley?
Epicenter of Silicon Valley?
Epicenter of Silicon Valley?
Innovation and Entrepreneurship Inventory
EnablersPublic/Private Partnerships
STACRI Research AllianceEPSCORChamber of CommerceSBDC
LawyersAccountantsMarketers
Ecosystem companiesGraphic and Web Design FirmsContract Design and ManufacturingSpecialist Consultants
Innovation and Entrepreneurship Inventory
NetworksPeople Money
Places Enablers
Ideas
High Growth Starts
Development
Providence: The funk advantage
This? Or This?
Providence: The funk advantage
This? Or This?
Providence: The funk advantage
This? Or This?
Providence: The funk advantage
This? Or This?
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