Investor Connect Podcast

How to Build Out a Startup Ecosystem

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In building out your startup ecosystem, consider these points:

Start with five successful serial entrepreneurs.

Identify their sector and type of business.

Interview them on how to multiply those businesses.

Target their sector for growing new businesses.

Figure out what additional resources are needed.

Set up leadership resources to carry the program over a sustained period of time, such as two five-year programs.

Recruit other startups to join through meetups, events, and communications.

Bring in programs and speakers from outside the area to foster the community.

Cater to the non-technical skills as well as the technical ones.

Identify sponsorship support from the local service providers and engage them in the programming.

Showcase the core serial entrepreneurs throughout the program but take care of the administrative and tactical support.

Grow your startup community on those strengths and resources.

Put the entrepreneurs at the foundation of your program.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Direct download: How_to_build_out_a_startup_ecosystem.mp3
Category:general -- posted at: 6:00am CDT